In today’s high-stakes digital business battleground, cybersecurity isn’t just for the IT team. Cyber threats are a growing challenge for businesses of all sizes, and against that backdrop the role of chief financial officers (CFOs) and senior leaders in cyber resilience is growing as critical...
When it comes to overall opportunity, the United States isn’t a hard sell. The U.S. market is home to over 13,100 FinTechs, with some estimates putting the industry’s total value by 2030 at $1.5 trillion. For FinTechs eyeing expansion, the U.S. offers a $10.6 trillion...
Nasdaq has introduced technology to calculate investment portfolio risk using machine learning. The new functionality, announced Thursday (Oct. 17), will be woven into Nasdaq’s Calypso platform, used by banks, insurers and other financial institutions to do things like access capital markets, manage risk and adhere to regulatory reporting...
The New York State Department of Financial Services (DFS) issued new guidance to help DFS-regulated entities address and combat cybersecurity risks arising from artificial intelligence (AI). “AI has improved the ability for businesses to enhance threat detection and incident response strategies, while concurrently creating new...
October 22, 2024
When it comes to overall opportunity, the United States isn’t a hard sell. The U.S. market is home to over 13,100 FinTechs, with some estimates putting the industry’s total value by 2030 at $1.5 trillion. For FinTechs eyeing expansion, the U.S. offers a $10.6 trillion card payments market — nearly five times the size of […]
October 16, 2024
Mid-sized financial institutions (FIs) — including community banks, regional banks, and credit unions — face growing challenges in automating their lending processes. This is particularly true for small to mid-sized...
August 29, 2024
Facing instability requires different capabilities compared to operating in a stable environment, Esker Worldwide COO Emmanuel Olivier writes in a new PYMNTS eBook, “Beyond the Horizon: How to Identify Unexpected...
August 14, 2024
Payments represent the lifeblood of business success. And business success, like payments, is inherently complex. This inherent complexity, arising because today’s payments sit at the intersection of technology, finance, regulation,...
October 17, 2024
Nasdaq has introduced technology to calculate investment portfolio risk using machine learning. The new functionality, announced Thursday (Oct. 17), will be woven into Nasdaq’s Calypso platform, used by banks, insurers and other financial institutions to do things like access capital markets, manage risk and adhere to regulatory reporting obligations. “Nasdaq’s machine learning technology is combined with a sophisticated […]
October 16, 2024
The New York State Department of Financial Services (DFS) issued new guidance to help DFS-regulated entities address and combat cybersecurity risks arising from artificial intelligence (AI). “AI has improved the...
October 11, 2024
A federal regulatory framework for nonbank payment service providers is needed to reduce risks and promote innovation, Nellie Liang, under secretary for domestic finance at the U.S. Treasury Department, said...
September 23, 2024
Citi’s plan to expand in China has reportedly hit a regulatory bump in America. The trouble stems from a penalty levied by the Federal Reserve against the banking giant over its data management...
