financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

(source: en.wikipedia.org)

Microsoft Reveals AI Security Flaw That Threatens eCommerce and Financial Services
Microsoft Reveals AI Security Flaw That Threatens eCommerce and Financial Services
June 28, 2024  |  artificial intelligence

A newly discovered security vulnerability in artificial intelligence (AI) systems could pose significant risks to eCommerce platforms, financial services and customer support operations across industries....

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Why More Banks Say Yes to Insurance as a Consumer Product
Why More Banks Say Yes to Insurance as a Consumer Product
June 28, 2024  |  Insurance

As consumers increasingly look to their financial institutions for insurance products, banks have an opportunity to meet this growing demand. A recent report from PYMNTS...

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What Core Banking’s 40-Year Evolution Says About What’s Next for Banking
What Core Banking’s 40-Year Evolution Says About What’s Next for Banking
June 27, 2024  |  Banking

There’s a misperception about bankers and banking. That misperception is that money — in all its forms — is the most important asset. The reality...

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Virgin Money and Experian Partner on Digital Financial Products
Virgin Money and Experian Partner on Digital Financial Products
June 24, 2024  |  Partnerships

Virgin Money will implement Experian’s full suite of cloud-based technology, including credit and lending, fraud prevention, analytics, governance and compliance. In the first phase of this strategic...

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Microservices Are at the Core of Core Banking’s Appeal
Microservices Are at the Core of Core Banking’s Appeal
June 20, 2024  |  Banking

For traditional financial services players, core banking beckons as a way to enable other financial firms — banks and FinTechs included — to set up...

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Why This CTO Says the Bank of the Future Is Already Here
Why This CTO Says the Bank of the Future Is Already Here
June 13, 2024  |  artificial intelligence

Digital banks have long eschewed physical branches in favor of direct, digital customer engagement. Digital banking’s convenience has been a competitive advantage for challenger or...

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Treasury Seeks Comments on ‘Responsible Innovation’ Using AI in Financial Services
Treasury Seeks Comments on ‘Responsible Innovation’ Using AI in Financial Services
June 06, 2024  |  artificial intelligence

The Treasury Department is seeking comments from the public about the use of artificial intelligence (AI) in the financial services sector. The agency released a...

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Gen Z Members Expect Credit Unions to Double Banking Features
Gen Z Members Expect Credit Unions to Double Banking Features
May 30, 2024  |  Credit Unions

According to PYMNTS Intelligence data, 95% of U.S. credit unions (CUs) are now wooing prospective Gen Z members. However, as “How Credit Union Innovation Can...

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Brazil’s Olist Expands Banking Services for Retailer Clients
Brazil’s Olist Expands Banking Services for Retailer Clients
May 29, 2024  |  Banking

Brazilian eCommerce company Olist is expanding its banking services. Founder and CEO Tiago Dalvi told Bloomberg News on Wednesday (May 29) that the company expects...

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