As Paper Checks Sunset, Fifth Third Bank Scales Up Prepaid Program
Today marks the official end of paper checks for federal benefit payments. As Social Security and the IRS fully transition to direct deposit and prepaid cards, Fifth Third Bank is already capitalizing on the shift. Just three weeks ago, Fifth Third took over the Treasury Department’s Direct Express program, which had previously been managed by […]
OpenAI and Stripe Launch Agentic Commerce Initiatives
Artificial intelligence has become embedded in the shopping experience, and new collaborations between OpenAI and Stripe are expanding the technology’s role in payments. First, ChatGPT’s U.S. users can now make Etsy and Shopify purchases directly on the platform. For example, once a shopper engages with the AI interface to explore a product and refine their […]
Uncovering the Cybersecurity Threats Wealth Management Clients Face
Fraud has surged as cybercriminals have developed new technologies and tactics. Wealth management clients have become prime targets—in large part because they have more to lose. Even though high-net-worth individuals may be at higher risk from fraud, they also have a powerful resource to help protect them: their financial advisor. As Tracy Goldberg, Director […]