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...
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...
The cost of cyberattacks is reportedly growing alongside the increases in digitization and artificial intelligence (AI). “If cybercrime damage were a state, it would be the...
Fidelity Investments has disclosed a data breach that affected 77,099 customers. The breach occurred Aug. 17 and was discovered Aug. 19, the financial services company...
Among the meteoric rise of payments innovation, tokenization’s widening adoption has been among the most notable. It’s been around for more than a decade, but...
More than 30 years ago, a cartoon appeared in the New Yorker, now made famous by any number of memes and framed pictures — a...
Accounts payable (AP) remains a pain point for businesses of all sizes, particularly those that still rely on legacy methods like checks. The adoption of...
Capital One is offering its AirKey anti-fraud authentication tool to financial institutions. “Fraud is on the rise and costing billions in losses each year, making...
With another major hurricane on the way, three federal agencies are warning companies not to take advantage of these natural disasters and cautioning consumers to...