December 22, 2024 @ 12:53 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has reportedly finalized the planned acquisition of Recorded Future. Mastercard explained that the latest acquisition will now be enhancing its services offerings with threat intelligence and AI-powered, actionable analytics. In a blog post, Mastercard confirmed that it has now officially completed its… Read More

 Tagged acquisition, global payments, mastercard, recorded future

December 22, 2024 @ 12:48 pm By Tony Zerucha  |  

Customers of the nation’s largest national bank brands have higher levels of confidence that they can meet their financial needs and support them in challenging times, which helps to improve customer satisfaction and increase trust. According to the J.D. Power 2024 U.S. National Banking Satisfaction… Read More

 Tagged capital one, chase, customer satisfaction, J.D. Power, Paul McAdam, td bank

December 22, 2024 @ 10:05 am By Michael Wong  |  

Israeli Fintech company Morning is set to be acquired by Italian software firm TeamSystem for an estimated $150 million, according to sources cited by CTech. The sale represents a major milestone for Morning, which is best known for its “Green Invoice” SaaS platform offering invoicing… Read More

 Tagged israel, italy, Morning, TeamSystem

December 21, 2024 @ 5:36 pm By Tony Zerucha  |  

The following was provided by J.D. Power: As we approach the end of the year, the major storylines that have developed in the credit card industry are creating ripple effects through the entire financial landscape. Even as inflation has dropped to its lowest level since February… Read More

 Tagged cfpb, credit cards, delinquencies, J.D. Power

December 21, 2024 @ 4:34 pm By Tony Zerucha  |  

The recent unveiling of Google’s “Willow” quantum chip has ignited significant discussion throughout the ecosystem, sparking urgent questions about its implications for blockchain security. Quranium CEO Kapil Dhiman said readers must understand where we are in this rapidly evolving landscape and determine the necessary steps… Read More

 Tagged DeQUIP, encryption, Kapil Dhiman, quantum readiness, Quranium

December 21, 2024 @ 4:13 pm By JD Alois  |  

Earlier this week, the Consumer Financial Protection Bureau  (CFPB) announced a lawsuit targeting the big banks that launched Zelle. Zelle was created by big banks in recognition of the rise of peer-to-peer payments and transfers. The banks wanted to keep pace with competitors and decided… Read More

 Tagged cfpb, zelle

December 21, 2024 @ 3:29 pm By Tony Zerucha  |  

This past week, Vapi, a developer platform for deploying Voice AI agents, announced that it raised $20 million in Series A funding, led by Bessemer Venture Partners with participation from Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz. This investment will enable… Read More

 Tagged AI Agents, byron deeter, Jordan Dearsley, Mike Droesch, Nikhil Gupta, Vapi

December 21, 2024 @ 3:25 pm By Omar Faridi  |  

Bivial AG is pleased to announce the successful completion of its rebranding from Klarpay AG. According to Bivial AG, this latest transformation represents a “major” milestone in the company’s journey, aligning its identity with its vision to “become a global leader in comprehensive financial solutions… Read More

 Tagged bivial ag, digital financial services, klarpay, switzerland

December 21, 2024 @ 3:19 pm By Tony Zerucha  |  

One trend from 2024 that has vital implications for fintechs is the growing occurrence of ransomware hackers shifting their attention from production systems to backups. According to IDC research, ransomware targets backups to eliminate the possibility of data recovery. That maximizes the attack’s severity. More… Read More

 Tagged backups, idc, N2W, rasomware, Sebastian Straub

December 21, 2024 @ 3:11 pm By Omar Faridi  |  

Bank of Ireland clients reportedly spent more in 2024 on Black Friday to Cyber Monday weekend, up a substantial 4.7% on the past year, while spending by Bank of Ireland customers for the month of November 2024 was up as well by a significant 5.6%… Read More

 Tagged bank of ireland, consumer behavior, ireland, Research Study, spending