March 25, 2024
J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become...

Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster that the role of the...

March 24, 2024
GM Ends OnStar Data Sharing Following Public Protest

Consumer outcry has led General Motors to cease sharing connected car data with brokers. “As of March 20th, OnStar Smart Driver customer data is no longer being shared with LexisNexis...

March 24, 2024
FTX’s Stake in Anthropic Draws Sovereign Wealth Fund Investors

Investors are reportedly lining up to purchase FTX’s stake in artificial intelligence (AI) company Anthropic. But as CNBC reported Friday (March 22), sources say that while the company has received interest from sovereign wealth...

March 24, 2024
UnitedHealth Tackles $14 Billion Claims Backlog From Cyberattack

Change Healthcare will begin processing more than $14 billion in claims following last month’s cyberattack. UnitedHealth Group (UHG), Change’s parent company, said on its website Friday (March 22) that it...

March 22, 2024
Shareholders Approve Merger Plan of Pennsylvania Banks Peoples and FNCB

Peoples Financial Services Corp. and FNCB Bancorp have received shareholder approval for their previously announced plans to merge. This approval was given Friday (March 22) at special meetings of the companies’ respective...

March 22, 2024
Remote Identity Proofing Hurdles Put Spotlight on Increasing Fraud Sophistication

As traditional forms of identification prove increasingly inadequate in the digital space, the necessity for innovative and secure solutions becomes evident.  Remote Identity Proofing (RIDP), the process of verifying an...

March 22, 2024
From Crypto to Coffee, Digital Wallets Signal Shifting Financial Landscape

With Thursday’s (March 21) Department of Justice (DOJ) antitrust suit against Apple, digital wallets are top of mind. And moving over to the Web3 space, on Wednesday (March 20) Bitget...

March 22, 2024
Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud

Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC), recently voiced support for a new proposal by Federal Deposit Insurance Corp. (FDIC) to apply additional scrutiny when reviewing...

March 22, 2024
Into the Vault: Optimizing Payments

Customer payment data is in many ways a merchant’s most valuable asset, offering key insights into consumer habits and transactional patterns. However, this data also contains sensitive payment information, posing...