As we inch closer to 2025, the payments industry is set to undergo significant transformations, driven largely by consumer preferences and advancements in technology. A recent survey conducted by payabl has shed light on the dramatic shifts in the payment landscape, emphasizing the increasing
Artificial intelligence is swiftly revolutionizing the financial services industry, offering unprecedented opportunities for efficiency, security, and enhanced customer satisfaction. With AI applications projected to save banks an estimated $447 billion by 2023, financial institutions are
In today's digital age, the threat of cyber attacks is more prevalent than ever. Among these threats, spoofing attacks have become increasingly sophisticated, posing significant risks to individuals and organizations alike. Spoofing detection technologies have emerged as a critical component in the
A massive global IT outage ignited a stern warning from the UK's Financial Conduct Authority (FCA) to financial firms, urging them to fortify their cyber defenses against increasingly prevalent digital threats. The wake-up call came following a significant operational disruption caused by a faulty
The Consumer Financial Protection Bureau (CFPB) has recently announced its Final Rule on "Personal Financial Data Rights," marking a significant shift in the financial landscape. This rule, which implements Section 1033 of the Dodd-Frank Act, aims to empower consumers by granting them greater
Kaspersky Global Research has brought to light a sophisticated global cybercrime campaign spearheaded by attackers utilizing Telegram as a conduit to disseminate Trojan spyware. This insidious operation, linked to the notorious hack-for-hire Advanced Persistent Threat (APT) group Deathstalker,
