CFPB Finalizes Rules Holding Fintechs Accountable to Banking Regulations
A year after the U.S. Consumer Financial Protection Bureau said it wanted to strengthen regulations governing the growing number of non-bank companies offering financial services, it has now made its framework official. One big change from the initial proposal is that the CFPB’s rules will only apply to fintech firms that process over 50 million […]
Keeping Up with Fraud Attacks in the Age of AI
Fraud always seeks the path of least resistance. In the world of payments, hackers look for vulnerable spots to exploit. The rise of artificial intelligence introduces yet another layer that criminals can manipulate and enhance their methods. In a recent PaymentsJournal webinar, Juan Funes, Director of Fraud and Decisioning Products at Mastercard, and James Wester, […]