Established financial services firms have not typically led the charge when it comes to the adoption of new technology. But as they go digital, and as mobile banking becomes more firmly entrenched, banks and financial institutions (FIs) must apply that digital acceleration mindset to their...
It’s not easy to look favorably upon the shipping delays we all endured over the past year. Waiting weeks for things that once showed up on our door in a day or two was one of the early miseries of life on lockdown, and one that...
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Cyberattacks are the greatest threat to the world’s financial system, Federal Reserve Chairman Jerome Powell said in an interview with CBS News this week. Speaking to “60 Minutes” on Sunday (April 11), Powell said the risks posed by cybercriminals are greater than the lending and...
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PayPal is launching a new fraud protection tool to help merchants combat the growing problem of online fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Paul Davison, the CEO of new audio social media app Clubhouse, says there were no leaks of personal user data, in contrast to a report claiming there had been recently, The Verge reported. Get the Full Story Complete the form to unlock this article and...
Reputation is everything for jewelry merchants, but their credibility can lose its luster if artificial intelligence (AI)-equipped fraudsters aren’t preemptively stopped. In this month’s Digital Fraud Tracker, Jim Dunlap, chief information officer of jewelry and home goods retailer Kendra Scott, explains how the jewelry merchant...
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