Despite the rapid advancements in payment technologies over the past few years, check fraud remains a significant concern for financial institutions. It's particularly troubling given the variety of modern payment methods available, ranging from peer-to-peer payment platforms to Automated
Hyper-automation means using new technologies like artificial intelligence (AI), machine learning, robotic process automation, and many other new tools to automate whole business processes, instead of using them to transform single tasks. It goes further than basic automation by connecting
The legal profession is on the brink of a transformative shift, driven by the recent integration of Spellbook, an AI copilot designed for lawyers, with Thomson Reuters Practical Law. This groundbreaking collaboration aims to revolutionize the way legal professionals draft contracts and clauses,
Open Banking represents a significant transformation in the financial services sector. It involves the regulated and secure sharing of financial information between banks and third-party providers, facilitated by customer consent. The aim is to foster innovation, improve competition, and create
Stablecoins, a pivotal innovation in the cryptocurrency landscape, are on the verge of transforming digital finance. They promise solutions to issues plaguing traditional cryptos like volatility and provide tangible benefits for global transactions. As financial institutions and tech companies
Investors are always on the lookout for the next big thing in the cryptocurrency market. As digital assets evolve, it's essential to understand which cryptocurrencies have the potential to exceed current valuations by 2025. This article delves into the prospects of Dogecoin (DOGE), Cardano
CardFlight, a prominent SaaS payment technology firm, has secured a significant minority investment from WestView Capital Partners, aimed at bolstering its development and expansion efforts across the United States. Established in 2013, CardFlight has been dedicated to simplifying the complex
Embedded finance is rapidly transforming the financial landscape, moving from a market size of USD 80.85 billion in 2023 to a projected USD 700.1 billion by 2033. Fueled by increasing digitalization and a growing preference for seamless financial transactions, this market is becoming indispensable
The U.S. Securities and Exchange Commission (SEC) recently took enforcement action against four major companies—Unisys Corp., Avaya Holdings Corp., Check Point Software Technologies Ltd, and Mimecast Limited—for allegedly misleading investors about the severity of cybersecurity breaches they exp
North Bay Credit Union (NBCU) is making significant strides in its Banking as a Service (BaaS) program by forming a strategic partnership with Braid, a leading payments and treasury management platform. This collaboration is set to enhance NBCU's ability to support fintech companies in
