article thumbnail

US Patents Hit All-Time High In 2019

PYMNTS

Almost 50 percent of IBM’s 2019 patents related to “hot-button technologies such as artificial intelligence (AI), cloud computing, security, blockchain and quantum computing.”. The top 10 fastest-growing technologies by U.S. “China showed the most growth [by country], moving up to a 5 percent share of U.S.

US 150
article thumbnail

Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

PYMNTS

The CU, which has 20 branch locations within the tri-state area that includes New York and Connecticut, has upgraded its automated services to incorporate integrated cloud-based technologies and environments that involve artificial intelligence (AI). Embarking On A Digital Transformation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

US Lawmakers Seek Investigation Of Zoom’s, TikTok’s China Ties

PYMNTS

the video technology company, and TikTok, the Chinese video-sharing social networking service, Reuters reported. Zoom told the news service in a statement that it takes user privacy, security, and trust extremely seriously, and “as always, we welcome conversations with officials about our global business practices and policies.”.

San Jose 155
article thumbnail

CT Gov: First Wave Of $600 Jobless Payments Were Sent

PYMNTS

Connecticut Gov. The additional weekly check, part of the federal Coronavirus Aid, Relief and Economic Security (CARES) Act, is r etroactive to March 27. Ned Lamont said his state’s first batch of $600 weekly federal stimulus unemployment payments were issued last weekend, NBC reported. .

article thumbnail

Facebook Negotiates Sandberg DC Hearing Testimony

PYMNTS

The social media company had announced earlier this year that it was aiming to create a new cryptocurrency using bitcoin-like technology. Richard Blumenthal of Connecticut, said after the dinner that he had brought up the “repeated failures” of the firm in election security as well as consumer privacy.

DC 109
article thumbnail

Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.

Regional 214
article thumbnail

College Pays Off Hackers With $28K In Bitcoin

PYMNTS

Joseph Moreau, vice chancellor of technology at Foothill-De Anza Community College District in Silicon Valley, was quoted as saying : “Ransomware has rapidly risen, from my perspective, to be one of the foremost threats we’re facing in information technology, anywhere, let alone in higher ed.”.