Payment fraud is an ideal use case for machine learning and artificial intelligence (AI), and has been used by financial institutions (FIs) to great effect. In fact, a typical consumer who gets a fraud alert might not even know there was an algorithm working behind...
The former chairman of U.K. café chain Patisserie Valerie said he had no idea of any fraud occurring within the business, distancing himself from the ongoing financial scandal that has pushed the company into administration. Get the Full Story Complete the form to unlock this...
The U.S. banking industry is an ever-evolving machine, shaped and disrupted by FinTech, regulation and shifting customer expectations. Until recently, these changes rarely impacted the small business (SMB) financial services (FinServ) sphere: Among the biggest challenges for entrepreneurs is accessing bank services that are smaller...
Thailand’s Siam Commercial Bank won’t be using Ripple’s XRP technology despite earlier announcements of such plans. According to reports in BlockTribune on Monday (June 10), Siam Commercial Bank (SCB) retracted a previous statement that it was planning to integrate use of Ripple’s XRP token to...
Electronic invoicing and settlement solutions provider PayCargo, which targets the shipping and logistics industry, will integrate payments processing into Unisys Corporation’s Digistics solution, the companies announced this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Netherlands-based Factris is launching an enhanced version of its Finance Automation for Business platform, the company announced Monday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Amid rising scrutiny over government debt and longer payments to contractors, Italy has churned up debate with its consideration of so-called mini-bills to pay state debts, a proposal that has critics worried about the potential ramifications of such a plan. Get the Full Story Complete...
Goldman Sachs doesn’t believe its digital brand, Marcus, will suffer the same fate as JPMorgan Chase‘s Finn. 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 our...
Because of its reputation as a stable political and economic area, as well as a regulatory environment that’s favorable to outsiders, many foreign companies have chosen Luxembourg as an entry point into Europe. Get the Full Story Complete the form to unlock this article and...
