For financial institutions (FIs) and banks, battling card and payments fraud demands real-time monitoring – adjusting risk scores as consumers’ behaviors change. In an interview with Karen Webster, Dave Excell, founder and president of Featurespace, said that artificial intelligence (AI)-driven risk modeling can adapt to shifts...
Hazeltree, which works on integrated treasury management and portfolio finance solutions for investment managers, has announced a joint solution with Goldman Sachs to help with streamlining treasury management with integrated global payments and cross-border capabilities, according to a press release Tuesday (March 2). Get the...
The eurozone, facing high unemployment rates in an attempt to keep the pandemic contained, has economists convinced a double-dip economic recession is coming, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A new plan from U.K. leaders would let special purpose acquisition companies (SPACs) join the U.K. stock market as part of a set of new reforms, which are intended to bolster London’s reputation in the aftermath of Brexit, Bloomberg reported. Get the Full Story Complete...
Latin American (LATAM) eCommerce marketplace operator and payments platform MercadoLibre released stellar Q4 2020 financials this week, underscoring the sizzle and scale of online marketplaces now serving as the “digital front door” through which people in developed and developing regions are accessing desirable new digital-first...
Crypto users can now buy dogecoin with cash at 1,800 CoinFlip ATMs across the U.S., according to CoinDesk, citing a tweet from CoinFlip. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Shopping malls, once a vital part of the American landscape and the backbone of the retail industry, have seen real estate values plummet an average of 60 percent in 2020, Bloomberg reported on Tuesday (Mar. 2). Get the Full Story Complete the form to unlock this...
Postmates/Uber is spinning out its robotics arm, focused on last-mile delivery. The trend is inexorable: Get ready for the rise of the machines, at the literal doorstep. No one wants to touch anything they don’t have to. Not now, not even as vaccines are rolling...
Accounting software company FreshBooks has teamed with open banking technology provider Salt Edge to help their expanding European Union customer base handle finance workflows in a simpler fashion, according to a Tuesday (March 2) announcement. Get the Full Story Complete the form to unlock this...