How to Manage Risks When Employees Use AI Secretly for Work
Employees who use generative artificial intelligence tools in the workplace without company approval or oversight — a practice known as “bring your own AI’ or BYOAI — could introduce risks int...
ValidiFI Debuts Authoritative Bank Account Verification Tool
Bank account and payment intelligence firm ValidiFI has begun offering new authoritative bank account verification capabilities.
It’s part of an expansion of the company’s vAccount+ suite, designe...
CFPB Reportedly Planning Dramatic Enforcement Rollback
America’s chief consumer finance watchdog is reportedly scaling back enforcement of financial services companies.
Instead, the Consumer Financial Protection Bureau (CFPB) will focus on threats to me...
Next SEC Crypto Roundtable to Address Digital Asset Custody
The SEC’s Crypto Task Force meets next week, and the mission of this gathering is to discuss crypto custody. Commissioner Hester Peirce, who leads the Task Force, said the move to integrate crypto a...
European Central Bank Cuts Rates by 25 Basis Points
The European Central Bank (ECB) has cut its benchmark rates by 25 basis points. The ECB Governing Council said the move was due to an updated appraisal of the inflation outlook while claiming the disi...
eBay Enters Payments Acquiring Partnership with Checkout.com
eBay, a global commerce enabler that connects millions of buyers and sellers around the world, today announced its partnership with Checkout.com, a global digital payments platform. Through this partn...
