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NextGen: AI – Exploring the impact of generative AI in financial services

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NextGen: AI – Exploring the impact of generative AI in financial services

Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore the impact of generative AI.

Deutsche Bank invests in ID security firm Akeyless

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Deutsche Bank invests in ID security firm Akeyless

Deutsche Bank's Corporate Venture Capital (CVC) group has made a strategic investment in identity security firm Akeyless. Terms were not disclosed.

Confirmation of Payee reaches almost all transactions in the UK

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Confirmation of Payee reaches almost all transactions in the UK

Confirmation of Payee in the UK has been extended to cover almost 99% of all transactions made through Faster Payments and Chaps after more financial firms implemented the fraud-fighting protocol.

Starling Bank bids to curtail bank impersonation scams with in-app call status feature

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Starling Bank bids to curtail bank impersonation scams with in-app call status feature

Starling Bank has launched an in-app call indicator to protect customers from bank impersonation scams.

Following data breach, MoneyGram replaces CEO

/security

Following data breach, MoneyGram replaces CEO

Weeks after it suffered a major cyberattack, MoneyGram has replaced CEO Alex Holmes with Walmart executive Anthony Soohoo.

JPMorgan Chase sues customers over viral 'infinite money glitch'

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JPMorgan Chase sues customers over viral 'infinite money glitch'

JPMorgan is suing customers who took advantage of a glitch in the bank's cheque deposit service to withdraw thousands of dollars from its ATMs.

NextGen: AI – Meet the speakers

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NextGen: AI – Meet the speakers

Join Finextra at our inaugural London event next month to redefine the role of AI in financial services.

19% consumer and retail fraud increase in England and Wales reports ONS

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19% consumer and retail fraud increase in England and Wales reports ONS

The Office of National Statistics (ONS) has reported there were approximately 3.6 million consumer and retail fraud incidents in 2024, a 19% rise for the same period in 2023.

AFP: Business continuity starts with careful plans

/security

AFP: Business continuity starts with careful plans

A series of tough questions greeted a room of just-arrived attendees to AFP in Nashville, Tennessee before the keynote address from Malcolm Gladwell who delved into weighty matters, exploring anecdotes and examples from his new book Revenge of the Tipping Point.

Mastercard unveils open banking 'command centre'

/security

Mastercard unveils open banking 'command centre'

Mastercard has unveiled a set of tools designed to make it easy for people to manage how they share their financial data with third parties.

Global payments in 2024: Simpler interfaces, complex reality

/security

Global payments in 2024: Simpler interfaces, complex reality

Global payment revenues will remain robust over the next five years, enabling the sector to unlock an additional $700 billion by 2028, according to a McKinsey report.

AFP: Fraud is the biggest painpoint for accounts payables automation

/security

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

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