Search results for "fraud"

May 08, 2024
TranscendAP Launches as New AP Automation Company

TranscendAP, which has been a business unit of Optima Global Solutions since 2018, is now operating as a newly formed company. The firm was launched by Optima Global Solutions and TranscendAP co-founder...


May 08, 2024
Visa Teams With Dubai’s MoneyHash on Digital Payment Security

Dubai-based payments firm MoneyHash launched a partnership with Visa. The collaboration is designed to offer secure digital payments for MoneyHash’s clientele in the Middle East/North Africa (MENA) region, who rely on the company’s payments orchestration and...


May 08, 2024
From Factories to the Fast Lane, Unpacking Autonomy’s Potential

As the electric vehicle (EV) landscape shows signs of short-circuiting, automakers are eyeing another innovation. One more futuristic, and more fitting, for our rising artificial intelligence (AI) era.  That’s because,...


May 08, 2024
Basware Acquires AP Matching to Enhance Automation Offering

Basware expanded its market offering by acquiring AP Matching. The acquisition will add AP Matching’s cloud-based solutions for managing invoices and reconciling statements to Basware’s accounts payable (AP) automation and invoice processing capabilities, the...


May 08, 2024
FTX Has Enough Cash to Repay Creditors in Full

Eighteen months after its collapse, FTX is ready to repay its customers in full. The cryptocurrency exchange says it has pulled together assets worth $14.5 and $16.3 billion, enough to...


May 08, 2024
Biometric Wallets Emerge as Payments Modernization Strategy

As payments go digital, their authentication is getting more organic — literally. One of the latest frontiers in the ongoing evolution of payments is leveraging biometric information for authentication, where...


May 07, 2024
Paymerang and Harris ERP Deliver AP Automation for Local Governments

Paymerang and Harris ERP have partnered to provide advanced invoice and payment automation solutions to local governments.  With this collaboration, Paymerang’s accounts payable (AP) automation tools will be delivered to hundreds of local governments...


May 07, 2024
Cloud Security Firm Wiz Valued at $12 Billion After Funding...

Cloud security startup Wiz has reportedly been valued at $12 billion after raising $1 billion. Co-founder and CEO Assaf Rappaport discussed the funding in a Tuesday (May 7) interview with the Wall Street Journal...


May 07, 2024
FIS Launches Embedded Finance Platform for Financial Institutions and Businesses

FIS has launched an embedded finance platform designed for use by financial institutions, businesses and software developers. The new “Atelio by FIS” platform can help any company collect deposits, move...


The Path to FinTech Profitability Must Be Fraud-Proof
Threat of Deepfakes Drives Two-Thirds of FinTechs to  Boost Fraud Budgets With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
Improving Financial Performance: Challenges Driving Spend Management System Adoption
Spend Management Headaches Push SaaS Firms to Automated Systems A new PYMNTS’ survey of 225 SaaS firm executives for the “Improving Financial Performance: Challenges Driving Spend Management System Adoption” report, an Airbase collaboration,  showed that accessing real-time data is so challenging when managing non-payroll spend that 76% said they’d pay for a system to help.