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To effectively reduce fraud, banks must transition to proactive, integrated strategies encompassing robust risk management and asset liability management.
January 9 -
Women in the payments industry are using the advent of real-time payment networks to help underserved women around the world gain access to vital financial services.
January 9 -
The Consumer Financial Protection Bureau said it would undertake a rule to regulate large participants in the personal loan market and consider a joint rulemaking with the Federal Reserve on check and ATM hold times.
January 8 -
Modeled after Energy Star, the Cyber Trust Mark will label smart devices that pass federal cybersecurity standards.
January 8 -
A new EU law that requires interoperability and universal support for instant processing goes into effect this week, providing clarity that the U.S. lacks, while ABN Amro says restrooms generate transaction revenue. That and more news in this week's global payments roundup.
January 8 -
Banking relies far too much on human relationships and trust for it to hand over essential questions about perception and judgement to artificial intelligence. The need for human bankers will always exist.
January 8 -
Former Avantax executive Walters is succeeding Simon Paris as Finastra's CEO.
January 7 -
The angry reaction of Bench's customers to its sudden closing was one thing that made it an attractive acquisition target, Employer.com executives say.
January 7 -
Acting Comptroller of the Currency Michael Hsu reflects on his tenure, the challenges of financial regulation, and the delicate balance of fostering innovation while maintaining trust in the financial system.
January 7 -
The payment company says machine learning is making progress in fighting card testing, which crooks use to determine how ripe a payment account is for theft.
January 6