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Watch more: Entersekt Warns Banks Can’t Beat Crime With Old Data Alone
In the battle against financial crime, data is both the sword and the shield. Fraudsters are faster, more sophisticated and more global than ever. Banks, payment providers and FinTech firms must respond with a mix of vigilance, agility and intelligence, built on information that is not just abundant, but actionable...
For years, accounting teams inside small- to medium-sized businesses (SMBs) were consigned to back-office number crunching.
Now they’re stepping into a more strategic role powered by the rise of embedded finance.
The technology, long billed as a tool to simplify customer payments, is reshaping how accountants forecast, manage liquidity and advise management on growth decisions.
The...
When the British retailer Marks...
Imagine an HR manager looking for the PTO record of an employee. Instead of logging onto the HR dashboard and pulling up the worker’s profile, the manager asks an artificial intelligence (AI) chatbot to get and email the data.
If this is the future of work, would enterprises still need to use the software as a service (SaaS) HR provider?
This is the question surrounding the SaaS...
Cloud banking solution provider nCino plans to add sophisticated artificial intelligence (AI) capabilities and fully agentic workflows to its Banking Advisor product during the next quarter.
Sean Desmond, CEO at nCino, said Tuesday (Aug. 26) during the company’s quarterly earnings call that nCino expects AI to be as transformative for financial services as the shift to cloud services...
A Justice Department criminal investigation of UnitedHealth Group is reportedly broader than initially thought.
Bloomberg reported Tuesday (Aug. 26), citing unnamed sources, that what was once thought to be a probe into possible Medicare fraud is also looking into business practices at the company’s pharmacy benefit manager, Optum Rx, and the ways the company reimburses its own doctors...
Artificial intelligence (AI) startup Anthropic has reportedly settled a copyright infringement lawsuit brought by a group of U.S. authors.
The settlement was disclosed in a Tuesday (Aug. 26) court filing by Anthropic and in a statement by the authors’ attorney, Reuters reported Tuesday.
Neither source described the terms of the settlement, according to the report.
The authors’ attorney...
Apple will hold a special event that it has dubbed “awe dropping” on Sept. 9.
The event will be streamed on apple.com, Apple TV and YouTube Live, the company said in a Tuesday (Aug. 26) post on its developer site.
Apple CEO Tim Cook promoted the event with a post on the company’s newsroom site, saying, “Get ready for an awe dropping #AppleEvent on Tuesday, September 9!”
Bloomberg...
Author Ernest Hemingway once said change happens slowly at first, then all at once. And while in the B2B space, that first part is true, B2B buyers and suppliers are still waiting on that change to happen all at once, particularly as it relates to payments.
While some consumer-facing businesses may consider paper checks, batch ACH transfers and even wire instructions delivered over...
President Donald Trump said Tuesday (Aug. 26) that Meta plans to spend $50 billion on the Hyperion data center it is building in Louisiana.
Trump said this during a Cabinet meeting and held up a graphic that he said was given to him by Meta CEO Mark Zuckerberg, showing the scale of the data center by comparing it to Manhattan, Bloomberg reported Tuesday.
According to the report, Meta’s...