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Lessons Learned From the Fourth United States Bank Failure of 2023

Perficient

Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. Mr. Shan Hanes, who served as the bank’s President and CEO until its closure, joined the firm in 1993 as an agricultural loan officer and Informational Technology Officer. He was promoted to President and CEO in 2008.

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Keeping Subscription Boxes Secure From STEM To Stern

PYMNTS

Box-of-the-month services constantly struggle to secure their payment processes and remain a step ahead of bad actors. KiwiCo , a monthly science, technology, engineering, and math (STEM) subscription box for children, is improving its security practices by partnering with third-party providers.

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komgo Acquires Digital Platform TRAFEC

PYMNTS

It’s been live since 2011, and had almost “100 corporates in production as of December” of last year, the release said. . TRAFEC also has a clear audit track, and approaches managing exchanges in a standardized way to make it easier to facilitate trade finance operations. .

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Agency Says FBI’s Facial Recognition Tech Falls Short

PYMNTS

The Government Accountability Office (GAO) and members of congress say the FBI’s use of facial recognition technology isn’t private or accurate enough, according to a report by VentureBeat. The FBI began using the software in 2011, and it first became fully operational in September of 2015.

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Deep Dive: How Regulatory Compliance Tools Help Keep Remittances Flowing

PYMNTS

This month’s Deep Dive explores the challenges that remittance service providers face when seeking to stay compliant, the impact this has on the availability of cross-border money transfer services and regulatory technology strategies to help reduce this friction. . Correspondent Banking . The Cost of Compliance .

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Judo Launches As Australia’s Newest Challenger Bank

PYMNTS

We selected Temenos as our strategic technology partner to help us with our goal to become the most trusted business bank in Australia. Temenos worked closely with us from the beginning, and with its cloud-native digital front and back office products, enabled us to launch fast and with a low-risk implementation.

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AT&T Customers Can Now Pay With Crypto

PYMNTS

“We’re always looking for ways to improve and expand our services,” said Kevin McDorman, vice president of AT&T Communications Finance Business Operations, in a statement. “We BitPay was founded in 2011, and in April of 2018, the company closed a $40 million Series B round. “We BitPay said it wants to continue expanding.

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