As generative AI tools continue to expand, new doors are being opened for fraudsters to exploit weaknesses. Have you experimented with generative AI tools like ChatGPT yet? From beating writer’s block to composing ad copy, creating travel itineraries, and kickstarting code snippets, there’s something for everyone. Unfortunately, “everyone” includes criminals.
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Fraudsters are always looking for a vulnerability they can exploit, and broad economic trends are no exception. Economic uncertainty has become a prevalent concern in society, impacting various sectors such as industry, vertical, geography, and more. Whilst some of these are negatively impacted, others may experience a more positive outcome. Nevertheless, the common theme of uncertainty runs throughout, specifically when it involves online fraud.
Cross-border payments company bridge21 announced its partnership with Bitso, the leading Financial Company powered by Crypto in Latin America, to expand their support for local payments from the US, throughout Latin America.
Leading digital compliance provider SmartSearch has added a new ‘risk assessment’ solution to its recently enhanced platform.
To prevent inconsistency when assessing subject risk, the service will significantly reduce the amount of time it takes to collect information, evidence compliance and ensure better decision-making.
In response to the accelerating trend towards data-driven decision-making across the banking landscape, KlariVis is thrilled to share that it has now been selected by over 85 banks as their preferred data and analytics partner.
In a world of struggling supply chains and unexpected economic circumstances, ensuring cash flow and profitability is a top priority. But shockingly, over half (55%) of businesses are still relying on manual checks for their B2B payments – meaning they don’t have a clear view on what their teams are spending and expensing. This is set to change, however, as digitalisation is increasingly reshaping the way businesses keep track of their money.
Global custodians play a critical role in the financial services industry. They serve as intermediaries between investors, brokers and markets and provide services ranging from safekeeping assets to settlement, asset servicing and reporting. By ensuring the smooth flow of securities transactions, custodians contribute to the stability and integrity of the global financial system. However, they continue to face many challenges.
Sidetrade, the global leader in AI-powered Order-to-Cash applications, announces the appointment of two new non-executive Directors, Gilles Rigal and Jean-Luc Robert, to the company’s Board of Directors.
SentinelOne, a global leader in autonomous cybersecurity, released its results from the fifth round of MITRE Engenuity ATT&CK® evaluations, and once again, the company is a leader among vendors.
A new report from business data API provider