Search results for "data security"

April 02, 2024
AT&T Breach Demands Vigilance as Fraudsters Leverage ID Data, Says...

The fallout from the massive data breach at AT&T — where information tied to 73 million current and former account holders was leaked — has yet to be felt. And...


April 02, 2024
Is AI the Master Key to Banking’s Next Era?

For banks and financial institutions (FIs), systemic adoption of artificial intelligence (AI) technologies is perhaps the industry’s most formidable litmus test of adaptability since the global embrace of digital banking...


April 01, 2024
United States and Britain Forge AI Safety Partnership

In a bid to address apprehensions surrounding advancements in artificial intelligence (AI), the United States and Britain have announced a partnership focused on AI safety. Commerce Secretary Gina Raimondo and...


April 01, 2024
Cybersecurity Firm Rubrik Files for IPO

Cybersecurity firm Rubrik has filed for an initial public offering. In a Monday (April 1) filing with the Securities and Exchange Commission (SEC), the company did not disclose the size of the offering but said it...


April 01, 2024
Cognition Labs Aims to Revolutionize Coding With AI

As the world becomes more connected and digital, coding, previously confined to specialized computer programmers, now influences everything from our daily communication and online shopping to healthcare management and financial...


April 01, 2024
FTC Can Now Sue Scammers Impersonating Government Agencies, Businesses

The Federal Trade Commission (FTC) said Monday (April 1) that it now has stronger tools to combat scammers who impersonate government agencies and businesses. A new rule that took effect Monday allows...


April 01, 2024
Rakuten Could Combine Bank and FinTech Operations

Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan, announced Monday (April 1), would consolidate the company’s bank, insurance, securities, and card company and other...


March 31, 2024
DeepMind Co-Founder: AI Hype Obscuring ‘New Renaissance’

One of the co-founders of DeepMind says hype is hindering progress in the AI space. Speaking to the Financial Times (FT) Sunday (March 31), Demis Hassabis said that the flood of money into generative artificial...


March 31, 2024
Detained Binance Execs Sue Nigeria for Rights Violations

Two Binance executives have sued the Nigerian government following their detention by the African nation. The cryptocurrency execs filed suit last week against Nigeria’s national security adviser, Nuhu Ribadu, and country’s Economic Financial...


Using AI to Combat AI Fraud in the Credit Union Space

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.

Instant Payouts Reach an Inflection Point
Consumers Want Instant Payments — For Free More than two-thirds of consumers chose instant payouts if given the choice, but paying for it depends on the use case and the need. A new report, “Disbursements Satisfaction Report 2023,” a PYMNTS and Ingo Money collaboration, examines U.S. consumers and their expectations for instant payments across a range of use cases from gaming to legal settlements to loans to wages and insurance claims.