The U.S. Treasury Department said artificial intelligence (AI) has helped fuel a fraud/improper payments recovery. The department announced Thursday that its “technology and data-driven” approach...
Doctor visits and medical bills are a fact of life. But occasionally the payments tables are turned in favor of the patient in the form...
B2B payments are no longer just back-office concerns — they’re front and center for businesses looking to streamline operations and delight customers. But going it...
With scammers becoming more and more sophisticated, Swift is bolstering its AI-enhanced fraud detection capabilities. The global messaging service announced Wednesday (Oct. 15) that it will begin offering this...
Mid-sized financial institutions (FIs) — including community banks, regional banks, and credit unions — face growing challenges in automating their lending processes. This is particularly...
Digital banking solutions company Tyfone has formed Payfinia, a new entity centered around instant payments. The new venture relies on Tyfone’s digital banking user experience expertise, developed...
From the state taxing authorities to the state administrators who disburse federal funds to the local utility companies, state and local governments distribute trillions of...
Mastercard has a new way for issuers to confirm cardholders’ identifying information. Dennis Gamiello, the company’s executive vice president for identity products and innovation, wrote...
More than 30 years ago, a cartoon appeared in the New Yorker, now made famous by any number of memes and framed pictures — a...