As generative AI (GenAI) reaches wider operational use in 2026, it is making one of the hardest forms of fraud to detect even ...

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Royal Bank of Canada and Bank of Montreal have agreed a C$2 billion cash deal to sell payments processing joint venture Moneris to private equity firm Francisco Partners.

Apple's head of payment and wallet services, Jennifer Bailey, is leaving after 23 years at the tech giant. Welcome to Finextra. We use cookies to help us to deliver our services. You may change your ...

A group of UK politicians have written to the CEOs of the country's major banks asking them to clarify their approach to providing services to crypto and digital asset firms.

Axle, the AI-native clearinghouse for insurance, today announced $17.5M in Series A funding led by Base10 Partners. The round included continued investment from Y Combinator and Gradient, with ...

In the US, crypto regulation also relies on a jurisdictional split between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

Yuze Digital India Private Limited has entered into a strategic alliance with airpay India to strengthen digital payment acceptance and acquiring capabilities as part of Yuze’s India growth roadmap.

The momentum behind stablecoins has become impossible to ignore. Hardly a month passes without another major bank, payment ...

Police Federal Credit Union (‘Police FCU’) has successfully launched the Mahalo BankingThoughtful Banking platform, completing its digital banking implementation in tandem with its core conversion to ...

Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Thomaston Savings Bank is modernizing its self-service network with DN Series® ATMs, the ...

But this is an illusion. A system that flags everything ultimately protects nothing. When an compliance team is buried under thousands of false positives a day, the actual risk does not decrease; it ...