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Can AI assist in vendor management challenges?

Independent Banker

And yet, some industry experts have observed that AI is not yet being used to its full advantage in vendor management—one of the thornier problems that community banks are wrestling with today. If a community bank has just a handful of vendors, managing those vendors is fairly straightforward. based cybersecurity technology firm.

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 Ransomware Gains Traction, UK BEC Fraud Spikes

PYMNTS

Aided by technology – and emboldened by the rise of cryptocurrencies – fraudsters are stepping up ransomware campaigns. The threat actors realized they can amplify their impact by targeting specific companies such as managed service providers,” said Bennett. Kimberly Sponaugle, was charged by the U.S.

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Super apps: The rise of an all-in-one platform

Independent Banker

So, what does this intersection of regulation and technology competition mean for community banks? For starters, they will need to institute a strategy for managing the emergence of super apps. With a partial focus on super apps, the report paints a picture of how such technology is unfolding in the U.S.

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Former NSA Chief Lands Top B2B VC Funds For Cybersecurity Startup

PYMNTS

The nation secured significant funding for startups operating in the spaces of logistics and cybersecurity – the two B2B markets that landed the most investment this week. According to Bizongo, packaging is critical to supporting India’s B2B trade operations. But it was one U.S. million Series B funding , reports this week said.

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The community bank guide to FedNow resources

Independent Banker

You have to educate yourself; you have to educate your employees and your management team. Your Fed account executives are great places to start, as well as your technology solution providers, based on the product lines you think are going to use FedNow,” says Kari Mitchum, vice president of payments policy at ICBA.

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IoT Scoring Big In Pro Sports

PYMNTS

While athletic venues of yesteryear may have offered fans little more beyond the games themselves, stadiums of the present – and future – are veritable hotbeds of technological sophistication. Of course, professional sports isn’t the only industry intent on harnessing the many possibilities of IoT technology.

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Clear Mountain Bank reaches new heights

Independent Banker

Bankers at its nine branches in north-central West Virginia and one in western Maryland spend time getting to know each customer and understanding their unique circumstances. One customer that Clear Mountain has secured a BOB loan for is Engine Management Specialist (EMS), a company based in Clarksburg, W.Va.,