May 26, 2023
Three-Day Weekends Are Relaxing — Three-Plus Days for Sending Cross-Border...

—Cross-border transactions are growing rapidly, thanks to digital transformations and new international settlement rails. But there still exist a host of international payment frustrations and reconciliation frictions due to ongoing...

May 23, 2023
Class-Action Lawsuit Targets TD Bank After Failure of First Horizon...

A class-action lawsuit has reportedly been filed against TD Bank following its failed attempt to acquire First Horizon Bank. The Arbitrage Fund, which is a First Horizon shareholder, is suing TD Bank, alleging...

May 23, 2023
Global Travel Rebound Calls for Fully Integrated, Fraud-Proof Payment Solutions

The international travel bounce-back continues, flying in the face of sky-high airfares and hotel costs, and making a strong case for travel merchants to up their performance when it comes...

May 19, 2023
Is Generative AI in 2023 as Transformational as Indoor Plumbing...

Back in 2016, in his book “The Rise and Fall of American Growth,” economist Robert Gordon wrote that the century that followed the Civil War gave rise to technological innovations...

May 15, 2023
TD Bank Reportedly Will Need Years to Address Regulators’ Concerns

Although TD Bank has capital on hand to make acquisitions, it reportedly won’t be able to make them in the United States. A Barclays analyst said the regulatory challenges the bank faced when...

May 10, 2023
J.P. Morgan Payments’ Georgakopoulos: Internet of Things and Embedded Finance...

No one wakes up, grabs their phone and declares, I’m going to go omnichannel shopping today. But here we are, three years after the pandemic took root, navigating online and...

May 09, 2023
AI Reshapes Regulatory Compliance by Modernizing Risk Frameworks

The 21st century’s digitization has transformed the financial crime landscape, arming cybercriminals with new tactics. Fortunately, as the world evolves, organizations are increasingly able to fight back by integrating their own...

May 09, 2023
Generative vs Predictive AI’s Role Across the Future of Payments

Predictive artificial intelligence (AI) has long been a chief financial officer’s best friend. For years, the cutting-edge tech, better known as machine learning (ML) or automation, has been silently performing...

May 08, 2023
Regulators’ Concerns About TD Bank’s AML Practices Reportedly Ended Merger

Regulators’ concerns about TD Bank’s anti-money laundering (AML) practices reportedly ended its plans to acquire First Horizon Bank. The concerns of the Office of the Comptroller of the Currency (OCC)...