Synthetic identity fraud has been called one of the fastest-growing financial crimes in the U.S., costing financial institutions (FIs) north of $6 billion a year. By way of background, synthetic identities are most commonly created by combining real information, such as a legitimate Social Security...
It may not seem to be an easy connection to make, but as financial institutions (FIs) continue their quest for innovation, they may learn something from a toy: Legos. Because fashioning new payments initiatives must mean paying attention to the small details and approaching it...
Retail traders in two states have sued Robinhood, the app intended to make stock trading accessible, over the decision made to stop buy orders on GameStop (GME) stock and other “meme stocks” like AMC Theaters, in the current controversy involving Reddit and the stock market,...
Argentinian farmers, struggling amid a spate of hyperinflation and the economic effects of the pandemic, could end up finding relief through tokenization of agricultural assets with blockchain, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top retail news, Walmart unveiled an extended purview and a new brand for its media business, while Neiman Marcus Group is investing in its supply chain. Plus, Walmart has chosen to bolster the number of stores that will also function as local fulfillment...
SoftBank is planning to invest $100 million in Miami area startups, launching an initiative that will assist local tech companies and those looking to launch in the area, Bloomberg reported on Thursday (Jan. 28). Get the Full Story Complete the form to unlock this article...
Gift card and loyalty solutions provider Factor4 is working with NCR Corporation in order to integrate Factor4’s gift card program with NCR’s Silver and Counterpoint point-of-sale (POS) solutions, according to a press release. Get the Full Story Complete the form to unlock this article and...
Coinbase plans to go public through a direct listing, bypassing the traditional initial public offering (IPO) method, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Chargebee, a subscription billing and revenue management program, is partnering with ION, which delivers business and financial transformation via software solutions, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...