As the global payment landscape continues to evolve with the advent of new technologies, Canadian consumers find themselves at a crossroads. This shift is marked by the introduction of generative artificial intelligence (GenAI), social commerce, and pay-by-bank methods. While these innovations
Bank of America is at the center of a significant data breach that occurred on or around March 6, 2025. Edelson Lechtzin LLP, a national class action law firm, is actively investigating the incident. The breach was identified when the bank detected suspicious activity on its network, revealing that
The Cooperative Bank of Kenya has announced a significant move to enhance its data protection and customer service quality by opening job positions for Data Privacy Analysts. As the fourth-largest bank in Kenya by asset base, Co-op Bank is making strides to ensure that data privacy and regulatory
The financial sector is an ever-changing domain that requires constant adaptation. Credit unions are committed to evolving alongside technological advancements and regulatory frameworks. This article explores how credit unions are meeting these challenges head-on. Credit unions are member-owned
As we survey the landscape of business payment systems, it is evident that technological advancements have driven significant changes. The necessity for companies to adopt scalable digital payment technologies has become clear, leading to enhanced efficiency, security, and customer satisfaction.
Gone are the days when banks could simply offer checking and savings accounts, investment options, and loans. Today, it's about providing a comprehensive banking experience that not only meets customer demands but also ensures data protection and regulatory compliance. This evolution has
