DATAVISOR RELEASES NEW FRAUD SOLUTION TO ADDRESS REAL-TIME PAYMENTS FRAUD | BUSINESS WIRERAUD
DataVisor, the world’s leading AI-powered fraud and risk platform, announced the release of its newest solution to prevent instant payments fraud.
INDUSTRY-VERTICAL
CBDC WALLETS AND THE SECURITY REQUIREMENTS
In this publicly available GSA report, authored by Teddy Kyung Lee, central bank digital currency (CDBDC) is defined, and contrasted with crypto. In addition to basic definitions, there is an emphasis on how CBDC wallets must be secured.
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CENTRAL BANK DIGITAL CURRENCY – ECOSYSTEM 2023
A slide that shows graphically the forms that a retail and wholesale central bank digital currency (CBDC) might take.
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THE CONVERGENCE BETWEEN TELECOMMUNICATIONS AND FINANCIAL SERVICES
In this Linkedin post, developments are examined as mobile phones are becoming banks in our hands (or banks are being embedded into our mobile phones). This convergence of telecom and financial services has competitive implications for both.
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HOW FEDNOW AND FASTER PAYMENTS WILL IMPACT US FINTECH
FedNow’s promise of faster payments is not new. Aside from RTP and same-day ACH, we have seen faster payments in a number of forms: closed-loop P2P payments (Venmo, Zelle), wire transfers, stablecoins, and push-to-card. Each varies in settlement type, rail, limit, cost, push/pull capabilities, and transaction limits. This has created an ecosystem where U.S. money movement has become unnecessarily complex. In this white paper by Bessemer Venture Partners they explain that they expect to see more payment-first business models, and a new wave of fraud, and infrastructure to facilitate the patchwork of faster payments in the US.
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