With synthetic identities now linked to a record number of newly opened accounts, U.S. lenders faced more than $3.3 billion in exposure for the year ending 2024. This alarming trend underscores the urgent need for financial institutions such as auto lenders, mortgage lenders and credit unions to harness all available data to detect and prevent synthetic identity fraud at the point of account creation.
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Volante Technologies, the global leader in Payments as a Service (PaaS), today announced the reappointment of Deepak Gupta, EVP Product, Engineering & Services at Volante, to the U.S. Faster Payments Council (FPC) 2025-2026 Board Advisory Group. The Board Advisory Group, established by the FPC Board of Directors, is composed of industry leaders with broad experience in payments who provide perspectives to help inform the FPC’s priorities and initiatives.
DailyPay is rolling out a new "Perks" offering on its platform featuring a number of discounts and opportunities sourced exclusively for the DailyPay user. Anchoring the new Perks offering is Stride, which addresses the need for affordable, low-cost health insurance. Stride makes it easy to find the best health insurance plan for your needs at the lowest possible price, in 10 minutes or less.
FIS®, a global leader in financial technology, today announced a major leap forward in empowering banks to modernize faster and more effectively than ever before. Rather than limiting transformation to core systems alone, FIS’ new Bank Modernization Framework sets its sights on modernizing the full banking ecosystem.
Personetics, the global leader in AI-powered Cognitive Banking, today announced the launch of PrimacyEdge, a groundbreaking product designed to help banks achieve primacy by understanding their customers’ relationships with other financial institutions, and providing a personalized, programmatic approach to strengthening loyalty and increasing share of wallet. PrimacyEdge is part of Personetics’ Engage product suite.
Rimes, a leading provider of enterprise data management and investment platform solutions to the global investment community, is pleased to announce the appointment of Vijay Mayadas as President and Chief Executive Officer. Mayadas, a seasoned FinTech executive with a track record of scaling global businesses and driving innovation in financial markets, succeeds Brad Hunt, who will assume the role of Vice Chair, Rimes Board of Directors.
Orbital, a global payment orchestration platform across stablecoins and traditional payment rails, today released its inaugural Stablecoins Retail Payments Index. The Index offers a comprehensive view of how stablecoins are actually being used in retail payment contexts, focusing on consumer payments (up to $10,000 in value).
Pegasystems Inc., The Enterprise Transformation Company™, today announced Pega Smart Investigate Agentic Automation™,
Ant International, a leading global provider of digital payments, digitisation, and financial technology, today announced its role as a launch partner of Google to develop Agent Payments Protocol (AP2), an open rulebook that defines how AI agents can reliably transact with the authorisation of users.