BRISKPE Launches Cross-Border Payments Platform for Small Businesses
Amid the surging demand for cross-border payments, India’s BRISKPE has launched a platform designed to provide global reach for even the smallest businesses. The platform is geared to address the needs of marketplace sellers, gig economy workers, exporters, and other micro, small, and medium-sized enterprises (MSMEs). Payment issues have long been a persistent concern for […]
CFPB Eliminates Medical Debt from Credit Reports
The Consumer Financial Protection Bureau (CFPB) has finalized a rule banning medical bills from being considered on credit reports. This decision is expected to remove roughly $49 billion in medical debt from the credit reports of about 15 million Americans—at least for now. Research conducted by CFPB has found that medical debts have little correlation […]
Fraudsters on the Line: The Rise of Call Spoofing in the Financial Industry
Today, we carry devices with us wherever we go, making us highly vulnerable to imposter scams, call spoofing, and data breaches. With the rise of artificial intelligence, threat actors can now commit fraud by mimicking a person’s voice over the phone. This troubling trend is affecting both consumers and businesses, with financial institutions being especially […]