A report found that a major payment system cyberattack could cost $3 trillion. The report, “Illuminating cyber crime,” was published Wednesday (Oct. 18) by insurance...
Embedded B2B payments network CoreChain has launched a partnership with enterprise technology firm R3. The partnership offers banks and their service providers B2B payment processing...
With the rise of digital transactions and online services, fraud has become an increasing concern for both consumers and businesses. In March 2023, for example,...
PNC Financial Group began staff reductions that will decrease its workforce by 4%. The move is expected to reduce the company’s 2024 expenses by $325...
Payments and financial services technology provider Fiserv and data network Plaid launched a data-sharing partnership. The collaboration lets customers of Fiserv-hosted banks and credit unions...
For corporate treasurers, there’s the planning — and then there are the curveballs, the unexpected events that put liquidity and cash flow management to extreme...
Surprise overdraft and nonsufficient funds (NSF) fees account for a significant portion of the refunds to consumers by companies announced Wednesday (Oct. 11) by the...
Citigroup’s chairman is the latest banking executive to warn against the U.S. plan for new capital requirements. In an interview with Bloomberg published Wednesday (Oct. 11), John C. Dugan said...
Carefull secured $16.5 million in funding through a Series A round to grow its artificial intelligence (AI)-powered financial safety platform for senior citizens. Carefull will...