Scammers particularly use the holiday season to steal your money and information.Hoping consumers will let down their guard, or just trying to spoof legitimate businesses, scammers will do…
Read more How scammers use the holiday season to steal your money, informationTech provider Temenos on Oct. 7 announced Barb Morgan as its chief product and technology officer. In the role, Morgan will prioritize innovation, including products focused on client…
Read more Movers and shakers: Morgan is new chief product, technology officer at TemenosTruist Bank expects to continue investing in technology to save money as it restructures. “We continue to see improvements in productivity due to investments in technology,” Chief Executive…
Read more Truist invests in tech for cost-savings|Bank Automation NewsThe peer-to-peer payments market is growing as consumer demand ticks up and new competitors enter the space. P2P payment market size is expected to reach $6.4 billion by…
Read more P2P market to reach $6.2B by 2028 | Bank Automation NewsSilicon Valley Bank, a division of First Citizens Bank, named Martin Murrell the new head of global payments and Milton Santiago the new head of global digital solutions…
Read more New roles for Murrell, Santiago at SVB| Bank Automation NewsBank of America expects to increase technology development spend by nearly 12% year over year as the race for generative AI innovations engulfs the financial industry. The bank…
Read more Bank of America ups tech spend $400M YoY amid AI boom | Bank Automation NewsBank of America notified customers Wednesday of possible delays for transactions made via digital payment network Zelle. Daniel Tepper Bloomberg Bank of America experienced delays in online transactions…
Read more Zelle money transfer problems fixed at Bank of America. Customers were fumingZelle has been criticized for rampant fraud and scams that can leave some bank customers on the hook for financial losses. Over the past several months, banks in…
Read more Fraud and scam problems with Zelle payments? Here’s what to know.Financial institutions (FIs) looking to securely store data amid rising cybersecurity threats and open banking regulations can look to confidential computing, a technology that encrypts sensitive cloud-based data…
Read more Curbing data breaches with confidential computing | Bank Automation NewsA recent college graduate has a warning for others after she thought she secured a new job. She got scammed instead.Miranda Owens said it happened when she interviewed…
Read more A new remote job offer turned out to be a scam for KCK woman
