An economic downturn may boost the demand for both ridesharing services and the vehicles that some of the gig economy drivers rent, according to executives at rental vehicle provider EVmo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The average business has lost nearly one-half of one percent (0.43%) of its credit card payment revenue to card transaction disputes in the past 12 months, according to “Dispute-Prevention Solutions,” a PYMNTS and Verifi collaboration based on a survey of 301 merchants in four business...
Tovera, which fights online fraud, has rolled out a new platform to combat NFT fraud, a press release said Thursday (May 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Federal Trade Commission announced Thursday (May 19) that it will mail 690,000 checks, amounting to over $152 million, to customers who were defrauded by a payday lending fraud scheme run by AMG Services and the company’s owner, Scott Tucker. Get the Full Story Complete...
The pandemic has significantly changed consumer behavior and preferences, pushing banks to upgrade their processes to meet these shifting demands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Financial crime compliance technology specialist Napier announced Wednesday (May 18) that it has added two new hires to its growing team in North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As goes the online marketplace, so goes fraud. Cybercrooks treat online marketplaces like great fishing spots, ceaselessly testing for vulnerabilities — and often finding them — to exploit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The U.K. Payment System Regulator (PSR) is continuing its fight against authorized push payment (APP) fraud. New rules and legislation will provide the regulator with more tools to reduce fraud and to demand compensation from banks. Get the Full Story Complete the form to unlock...
Fraud detection is constantly improving, but so are the capabilities of fraud rings and hackers, making choice of fraud detection and dispute resolution technology critically important in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
