April 09, 2024
McConnell Advocates for TikTok’s US Divestiture
US Senate Republican Leader Mitch McConnell has made a significant call for legislation that would require the parent company of TikTok, ByteDance, a China-based firm, to divest the popular short...
April 09, 2024
Managing Third-Party Risks Emerges as Key B2B Issue
The B2B landscape is built atop trusted relationships, both formal and informal. These relationships can include partnerships and collaborations with third-party vendors, suppliers, contractors, service providers and more; and while...
April 09, 2024
Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” The realignment centers on three teams: Core Payments; Commercial and New Payment...
April 09, 2024
Wirex Plans Decentralized Autonomous Organization for WPay Platform
Wirex says it is creating a decentralized autonomous organization (DAO) for its payment platform WPay. The project is designed to give users the opportunity to play a larger role in shaping the future...
April 09, 2024
Binance Is Building ‘Robust Compliance Program,’ CEO Says
Binance’s new CEO said the cryptocurrency exchange is a more mature company now. Speaking with CNBC Tuesday (April 9), Richard Teng acknowledged concerns raised by the U.S. Department of Justice — which fined Binance $4.3 billion...
April 09, 2024
Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud
When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate...
April 08, 2024
Google Begins Rollout of New Version of ‘Find My Device’
Google has launched a new version of its Find My Device experience on devices running Android 9+ in the United States and Canada. It will expand the experience to Android devices around the...
April 08, 2024
Consulting Firm Greylock McKinnon Associates Reports Data Breach Affecting 341,650
Greylock McKinnon Associates, a Boston consulting firm that provides support services in civil litigation matters, suffered a data breach that impacted 341,650 people. The breach occurred May 30, 2023, it...
April 08, 2024
Firms Tap Passkeys to Safeguard Connected Economy Digital Infrastructure
With cyberthreats evolving in sophistication and frequency, firms are constantly seeking robust solutions to strengthen their digital defenses. Passkeys have emerged as a player in this space, offering a more...
Generative AI tools like ChatGPT have been game-changers across multiple industries, and digital fraud is no exception. The “Credit Union Tracker®,” a collaboration with PSCU, explores how fraudsters are using AI to target credit unions on an unprecedented scale.