Companies

FIS Launches 24/7 AI Assistant to Ease Risk Models Management

FIS

“Actuaries spends a substantial amount of their time searching for information buried in technical documentation on risk modeling. Global financial technology leader FIS ® is changing that with the launch of its Insurance Risk Suite AI Assistant, a generative AI tool that instantly answers complex questions about building and maintaining risk models—in any language.”

Tags: FIS

Companies

B2B Cross-Border Payments: Expert Insights on Faster Payments Adoption Report

Faster Payments Council

“This report published by the FPC Cross-Border Payments Work Group, sponsored by Mastercard, explores the most pressing challenges facing B2B cross-border payments and practical strategies for addressing them. While cross-border B2B transactions remain critical to global trade, many organizations still contend with friction around settlement speed, liquidity management, foreign exchange, compliance, data quality, and fraud risk.”

Tags: U.S. Faster Payments Council

Industry

ABA, Associations Seek Extension of Comment Period for FDIC’s Genius Act Implementation

ABA Banking Journal

“The American Bankers Association joined four other associations to request that the FDIC push back the deadline for comment on its proposal to create a process through which banks can seek agency approval to issue stablecoins through a subsidiary. Comments on the FDIC proposed are currently due Feb. 17. The associations asked that the deadline […]

Companies

Block, Inc. Surpasses $200 Billion in Credit Provided to Customers, Continuing to Address Global Lending Gaps

Block, Inc.

“Block, Inc. announced it has provided access to more than $200 billion to customers in global lending across its portfolio of credit products, including Cash App Borrow, Afterpay, and Square Loans.¹ Through this work, Block is proving that with the right technology, inclusive lending and responsible risk management aren’t opposing forces; rather, they’re the foundation […]

Tags: Block

Global

Canada Approves Budget That Advances Policy for Stablecoins

CoinDesk

“Parliament narrowly passed Prime Minister Mark Carney’s first budget. A section governs the issuance of stablecoins, overseen by the Bank of Canada. Issuers in Canada must maintain one-to-one reserves “composed exclusively of the reference currency or other high-quality liquid assets,” allow immediate redemptions and meet a suite of requirements on risk management in times of […]

Tags: Canada

Companies

The Clearing House Association and BPI Urge Treasury to Modernize AML Rules for the Digital Age

The Clearing House

“The Clearing House Association and the Bank Policy Institute issued recommendations to the U.S. Department of the Treasury as part of Treasury’s request for information to modernize the Bank Secrecy Act. Recommendations: Apply anti-money laundering rules consistently; encourage banks to adopt technologies that help combat illicit finance; Rescind the existing model risk management guidance, which […]

Tags: The Clearing House (TCH)

Global

Monetary Authority of Singapore Launches PathFin.ai Knowledge Hub to Boost AI Adoption in Finance Sector

TNGlobal

“The Monetary Authority of Singapore (MAS) has launched the PathFin.ai knowledge hub to boost the use of artificial intelligence (AI) in the financial sector. The knowledge hub features an initial set of successful use cases, curated by industry participants in key areas like sales and marketing, customer operations, risk management, and engineering and tech.”

Tags: Singapore

Global

European Central Bank Selects Digital Euro Service Providers

European Central Bank

“The ECB has signed framework agreements with the following providers for the five digital euro components and related services: Alias lookup: (1) Sapient GmbH & Tremend Software Consulting S.R.L, (2) equensWorldline; Risk and fraud management: (1) Feedzai, (2) Capgemini Deutschland; App and software development kit (SDK): (1) Almaviva SpA & Fabrick SpA, (2) Sapient GmbH […]

Tags: Europe

Industry

Feedzai Selected to Safeguard the Digital Euro

Feedzai

“The European Central Bank (ECB) has concluded a framework agreement in ranking with Feedzai to provide the central fraud detection and prevention mechanism for the digital euro. Its role is to contribute to safeguarding transactions from fraud by enriching payment service providers’ own risk management with insights derived from a central infrastructure-level view.”

Companies

Temenos Launches AI-Powered Money Movement & Management Platform at Sibos

Temenos

“Temenos announced the launch of Temenos Money Movement & Management, an AI-powered and pre-integrated platform to streamline payments and account services. This unified solution brings together payments, accounts, risk, and treasury modules, enabling financial institutions to move money faster, more reliably and at lower cost.”

Tags: Temenos

Industry

New York Banking Regulator Required to Adopt Blockchain Analytics for Risk Management

Coinspeaker

“The New York State Department of Financial Services (NYDFS) has directed banking organizations under its supervision to implement blockchain analytics tools as part of their compliance frameworks, marking the regulator’s latest step to strengthen oversight of cryptocurrency activities.”

Companies

ACH Operations #3-2025-Automating the Request for Proof of Audit

Nacha

“For over a decade, Nacha has been contacting financial institutions to request proof of an ACH Rules compliance audit of the financial institution and, if applicable, its Third-Party Senders, in accordance with Article One, Subsection 1.2.2 (Audits of Rules Compliance). Until now, this has been a manual process, which has limited the number of participants contacted. Beginning […]

Tags: Nacha

Companies

Fifth Third Announces Acquisition of DTS Connex, Adding Scale, Innovation in Cash Management

Business Wire

“Fifth Third announced its acquisition of DTS Connex, a leader in cash management software solutions for multi-location businesses such as retailers, restaurants and healthcare providers. The acquisition adds expanded capabilities in cash logistics offerings, infrastructure and risk management to Fifth Third’s Commercial Payments business.”

Tags: Fifth Third Bank

Companies

First-Party Fraud and the Role of the RDFI

Nacha

“Members of Nacha’s Risk Management Advisory Group (RMAG) have noticed an increase in first-party fraud at their institutions, and Nacha representatives are fielding more questions on first-party fraud from other participants on the ACH Network. First-party fraud comes in many forms, but the two most concerning to RMAG member financial institutions and their customers are […]

Tags: Nacha

Companies

Visa Extends Cybersecurity Expertise, Prioritizing Proactive Defense Strategies for Clients

Visa

“Visa is creating new opportunities for clients to leverage its deep expertise in cybersecurity through its value-added services and risk management offerings. As a part of this strategy, Visa announced the launch of the global Visa Cybersecurity Advisory Practice, empowering clients with analysis of the risk landscape along with the actionable insights needed to identify, […]

Tags: Visa