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Feb 22, 2024 | 
ffnews.com | Anton Grant |Marc McCarthy |Mike Kresse |Kani Payments
In this episode of the Fintech Show, we speak to Mike Kresse from FIS, Marc McCarthy from Kani Payments, Sabrina Tharani from Mastercard and West Richards from ATPC, to uncover the increasingly pivotal role partnerships play in navigating the evolving American payments industry. Kani Payments CCO McCarthy highlights their recent entry into the US, at a time where streamlining reconciliation couldn’t be more important and Kresse, an SVP at FIS, provides some insight into the impact of FedNow.
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Jan 2, 2024 | 
finextra.com | Priya Kumari |Mike Kresse
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External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
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Dec 23, 2023 | 
finextra.com | Priya Kumari |Mike Kresse
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Zelle is one of the most famous platforms to quickly send money to loved ones, friends, and family.
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Dec 21, 2023 | 
finextra.com | Priya Kumari |Mike Kresse
Few industries have the competitive pressure to innovate — while under as much public and regulatory scrutiny for data privacy and security — as the financial services sector. So, as companies implement new applications and services using large language
model (LLM) AI platforms like ChatGPT, the financial services industry must take a different approach.
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Dec 18, 2023 | 
finextra.com | Priya Kumari |Mike Kresse |Mark Nutt
In the first four articles of this series (Current Techniques in Identity Verification: Establishing a
Chain of Trust (continued)) we outlined the current methods of identity verification. Now we must look towards the horizon. As with any technological evolution, new threats emerge, requiring us to adapt and innovate. As the technology moves forward,
though, so do our new opportunities.
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Dec 14, 2023 | 
finextra.com | Mike Kresse |Mark Nutt
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External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
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Dec 14, 2023 | 
finextra.com | Mike Kresse |Mark Nutt
The financial services industry faces a unique set of cybersecurity challenges, including traditional threats like phishing, insider threats, ransomware, and the added complexity of financial fraud. Financial institutions are constantly under scrutiny from
regulators, customers, and shareholders, demanding a delicate balance between technological innovation, investment, and the relentless evolution of fraudulent attacks.
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Dec 13, 2023 | 
finextra.com | Mike Kresse |Mark Nutt
In the rapidly evolving landscape of financial technology (FinTech), the imperative to stay ahead of fraudulent activities is paramount. The conventional models of machine learning often grapple with the challenge of keeping pace with the dynamic patterns
of fraud, necessitating frequent retraining on extensive historical datasets.
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Dec 12, 2023 | 
finextra.com | Mike Kresse |Mark Nutt |Shailendra Malik
In part three of the series
(Current Techniques in Identity Verification: Establishing a Chain of Trust) we started discussing the tests that computers can perform to verify a person’s identity. We ended that with a discussion of how ID document verification can be used to establish
that you are dealing with a true identity. In this article we build on that and continue to complete the summary of the state-of-the-art tests available in identity verification.
Are you who you say you are?
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Oct 30, 2023 | 
finextra.com | José Pierre |Penny Townsend |Supriya Dahiwelkar |Mike Kresse
As the Securities and Exchange Commission (SEC) scrutinizes centralized exchanges (CEXs) and Web3-connected banks, the regulatory landscape in the U.S. is murkier than ever. Even given the Grayscale and Ripple’s recent wins over the SEC, the regulators’
stance on crypto-related products and services remains unclear. In contrast, Europe is pushing towards a more positive narrative.
Switzerland, for one, has emerged as a sanctuary for crypto firms.
