IBM Puts AI On A Chip To Improve Fraud Detection In Real-Time Payments
[ad_1] Operating an IBM z16 systemCourtesy IBM IBM has launched a new generation mainframe with artificial intelligence built into the chip to provide financial firms such as banks and credit card companies with the ability to conduct fraud analysis of 100% of their...
DOJ Investigation Requested For Illicit Finance
[ad_1] In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT). The lawmakers, led by Senator Cynthia Lummis, reference a...
Add To Your Pension When You Buy Groceries With Embedded Finance
[ad_1] Embedded finance means customers are able to pay for goods while they are on a retailer’s site, right? . “Payments are just table stakes,” said Ben Robinson, co-CEO of Aperture, a consultancy based in Switzerland. “If you are just doing payments you aren’t...
Kraken Begins Notifying Customers It Will Send Their Data to the IRS This November
[ad_1] Cryptocurrency exchange Kraken is sending a letter to clients notifying them that after losing a lengthy court case, they will need to turn over sensitive data to the Internal Revenue Service (IRS) after a legal battle that began in May 2021. Surfacing on...
