March 18, 2024
Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain...

For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents of the digital asset sector,...

March 18, 2024
Nacha Expands Receiving Depository Financial Institutions’ Role in Fighting Fraud

Receiving depository financial institutions (RDFIs) now have a defined role in monitoring the ACH payments they receive. The newly defined role was established as part of a set of new...

March 18, 2024
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses

As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft from organized crime gangs.  A...

March 18, 2024
EU Regulation Forces Retailers to Rethink Loyalty Programs

Read anything about the recent March 7 enforcement date for the EU’s new Digital Markets Act (DMA) and you’ll inevitably see a focus on big tech companies, potential fines and a general...

March 18, 2024
Telecom Execs See Generative AI as Key to Customer Experience

Generative AI has proven valuable in transforming key operational facets at many telecommunications companies across a range of applications. These applications include enhancing connectivity and improving information security — elevating...

March 17, 2024
Apple’s CarPlay Gains New Weight as EV Plan Stalls

Last month, Apple announced it was sunsetting its plans to enter the electric vehicle space. Now, the company’s CarPlay offering has become the tech giant’s sole hope of making an impact on...

March 17, 2024
FTC Sees Jump in AI-Related Scams on Social Media

Federal regulators have reportedly recorded a jump in AI-related scam ads on social media. The Federal Trade Commission (FTC) has seen a sharp rise in complaints in the last year involving ads...

March 17, 2024
What’s FRAND Got to Do With It: How Will Fair,...

By Richard S. Taffet and Nina Jayne Carroll1   I. INTRODUCTION FRAND is now a well-recognized acronym referring to licensing standard essential patents (“SEPs”) on fair, reasonable, and non-discriminatory terms....

March 15, 2024
BMO Taps Elavon to Add Payment Solutions for Business Clients

Elavon, a global payment processor, has partnered with BMO, North America’s eighth-largest bank, to introduce a payment solutions platform for BMO’s U.S. clients.  The collaboration aims to optimize credit, debit and...