FIS-Oxford Report: 78% of Businesses Using AI to Combat Fraud

78% of global business and technology leaders reported that their use of artificial intelligence (AI) has helped improve fraud detection and risk management. 56% said they are scaling or fully implementing AI, and 45% plan to increase investment over the next two years. High implementation and maintenance costs and lack of in-house expertise are slowing wider adoption. Global business and technology leaders are already seeing benefits from the use of AI and automation, with over...

Blockchain Security Standards Council Releases First Four Standards

The Blockchain Security Standards Council (BSSC) announced today the public launch of its first four security standards, marking a significant milestone in the journey towards a more secure and trustworthy blockchain ecosystem. These standards are designed to address critical aspects of blockchain security, elevating trust in digital assets and confidence in blockchain networks. The four standards released today via the organization’s website are as follows: Node Operation Standard (NOS): Defines the requirements for operating a blockchain node securely, focusing on...

Top Crypto Tax Lawyer Jason Schwartz Joins Cahill as Partner

Cahill Gordon & Reindel LLP announced today that leading crypto tax lawyer Jason Schwartz has joined the firm as a partner in CahillNXT, the firm’s globally recognized Digital Assets and Emerging Technology practice. Jason, who was previously the co-head of the Digital Assets and Blockchain Practice at Fried, Frank, Harris, Shriver & Jacobson LLP, is a preeminent authority on tax issues relating to digital assets, financial products, securitizations, funds, and cross-border lending. “We are thrilled with the continued expansion...

Norli Liv & Pension Taps Clearwater to Modernize Investments

Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that Danish pension provider, Norli Liv & Pension, part of the Norli group, has partnered with Clearwater to modernize its investment accounting, reporting and compliance operations. Clearwater will provide Norli with a single, consolidated view of all in-house and outsourced chief investment officer (OCIO) managed holdings across its public and private asset classes—enhancing investment transparency and empowering better, faster decision-making. The platform...

Two Community Banks Tap iDENTIFY to Lead Cloud Data Transformation

GOiDENTIFY, LLC d/b/a iDENTIFY, a trusted partner to banks modernizing their data operations, today announced new partnerships with Fortis Bank and Middlesex Federal Savings, F.A. These forward-thinking institutions are part of a growing shift among community banks looking to simplify compliance, replace outdated batch systems, and move toward real-time, cloud-based data environments. “Banks today can’t afford to operate in the dark,” said Lee Easton, President of iDENTIFY. “Our mission is to help institutions move away from siloed batch-processing systems...

Paysafe & Fiserv Partner to Boost SMBs with Capital, Security & Wallets

Paysafe (NYSE: PSFE), a leading payments platform, and Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology solutions, are expanding their long-term partnership to deliver even greater value to their customers. This collaboration includes several key initiatives focused on empowering small and medium-sized businesses (SMBs). One key initiative is the integration of Fiserv’s Clover Capital solution, which provides SMBs with improved access to capital to help them scale and grow. Additionally, Paysafe will leverage...

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