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Banking

AI
·Nov. 21, 2023

Looking beyond the AI hype: Delivering real value for financial institutions

If a financial institution looks beyond the hype of AI and tempers its expectations, it can use AI to deliver measurable business results. That’s been the experience of Amount’s director of decision science Garrett Laird.
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artificial intelligence
·Nov. 16, 2023

Generative AI Adoption at Banks:  Opportunities for Fintechs?

Findings from a new Google Cloud survey on sentiment around generative AI among banking executives.
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LatAm
·Nov. 15, 2023

Nubank hits 90M customers, posts profit surge in Q3

Brazilian neobank Nubank reached 90 million customers in Latin America and reported a surge in profits in Q3.
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lending
digital lending
·Nov. 15, 2023

Section 1071 Requirements are Coming; Banks Need a Strategy

Despite a stay, 1071 is expected to be implemented. Banks may need to rethink their approach to data processing.
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Electric power plug holding in hand. Unplug, and plugged in the wall socket. Vector illustration flat design. Connecting power plug. Sparks flying from the outlet.
regulation & compliance
·Nov. 8, 2023

When Every Company is a Fintech Who Handles Compliance?

As Banking-as-a-Service develops into Embedded Finance, who holds the responsibility of compliance gets decidedly murky.
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Anonymous hacker in front of his computer. | iStock photo
Banking
·Nov. 6, 2023

Comprehensive Trustwave report shares threats to financial services

A new report from Trustwave SpiderLabs provides a rich description of the myriad of threats facing financial services companies. 2023 Financial Services Sector Threat Landscape covers prominent threat actors and tactics, breaks down the financial services attack flow into steps, and covers several common hacker entry points.
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Banking
·Oct. 30, 2023

SoFi reports a solid quarter as student loan repayments return

SoFi reported their financial results for Q3 2023 and showed considerable improvements across all areas of their business.
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Expert cybercriminal gaining illegal access to computer network in data center
Fraud/Identity
·Oct. 30, 2023

AU10TIX report goes inside the mind of the professional fraudster

A look behind the numbers in AU10TIX’s Q2 2023 Global Identity Fraud Report gives clear insight into the mind of the professional fraudster. The report analyzed millions of global transactions from April through June 2023 to identify industry-specific patterns.
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Banking
·Oct. 27, 2023

Fintech Galileo’s Mastercard certification drives expansion strategy in Latin America

Fintech Galileo announced an expansion into five new regional markets, driven by an alliance with Mastercard.
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AI
·Oct. 26, 2023

AI and the art of the fintech possible

Artificial Intelligence (AI) will foster the most change of any technology Ravi Subramanian has seen in his 25 years in finance because it allows visionaries to dream big.
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