As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape, the ability to analyze and interpret data in real time allows businesses to respond quickly to market demands and customer...
With office spaces sitting empty and real estate markets in flux, artificial intelligence is transforming how buildings are managed and how investors forecast trends. Observers say AI improves commercial real estate management by monitoring office use and forecasting maintenance requirements. It offers more efficient approaches...
Mastercard introduced a tool that lets consumers control the sharing of their financial data. Connect Plus is a “data command center” that lets consumers determine how, where and with whom their data is shared, according to a Friday (Oct. 18) press release. “Transparency is the...
In the payment innovation space, security, trust and compliance are three non-negotiable pillars. Their importance is growing against an operational backdrop where data extortion and ransomware attacks impact businesses. Eighty percent of organizations have attack paths that expose critical assets, and there has been a...
November 05, 2024
The Consumer Financial Protection Bureau’s finalized rule on data sharing has its share of supporters and detractors. Those in favor of the new mandates — and as described by the CFPB itself — say the rule promotes competition among incumbent banks, levels the playing field between banking behemoths and smaller players, and gives consumers control […]
October 31, 2024
As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape, the ability to analyze and...
October 02, 2024
As digital banking transforms the financial landscape, community banks and credit unions (CUs) are poised to capture Generation Z and millennials. These digital natives are gravitating toward smaller financial institutions...
September 25, 2024
As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance innovation and oversight. Meanwhile, industry...
October 18, 2024
Mastercard introduced a tool that lets consumers control the sharing of their financial data. Connect Plus is a “data command center” that lets consumers determine how, where and with whom their data is shared, according to a Friday (Oct. 18) press release. “Transparency is the key ingredient to instilling trust in the digital economy,” Jess […]
October 17, 2024
Klarna’s flexible payment options are now available to eligible Apple Pay users in the United States and the United Kingdom. Options include pay later in three or four installments, as...
October 04, 2024
The Court of Justice of the European Union (CJEU) ruled Friday (Oct. 4) that Meta Platforms can use only some of the data it gathers from Facebook users to deliver targeted...
September 19, 2024
The hyper-personalization of insurance enabled by artificial intelligence could benefit some customers but render others “uninsurable,” Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct Authority (FCA), said Thursday (Sept....
