The fallout over alleged fraud at the hands of payroll software company MyPayrollHR came to a head this week when the Federal Bureau of Investigation announced a probe into the company and claims that it, or its founder, stole $35 million in payroll from its...
For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice president at U.S. Bank. In the latest Digital Banking Tracker, he discusses how machine learning provides layered fraud protection to...
In the $1.8T construction industry, payment delays to contractors and subcontractors can have a crippling effect on the timely completion of projects. Karin Rush and Linnet Phoenix of DPR Construction explain how virtual and purchasing card technologies keep its network of 4,800 subcontractors from avoiding...
Consumers now have a range of promotional financing deals to choose from the online payments system PayPal that provides zero-interest installment loans to cover the price of their purchase. The terms vary — though they usually range from 6 to 12 months — but all...
Pan-European payment infrastructure provider EBA CLEARING is rolling out a new request to pay (R2P) solution supported by 26 payment service providers (PSPs) from 11 countries, the company said in a press release on Wednesday (Sept. 18). Get the Full Story Complete the form to...
To build a global identity network requires vision, scale and of course infrastructure – not to mention money. Fresh off a funding round that saw backing of marquee FI names, Trulioo is looking beyond its current roster of five billion digital identities. CEO Stephen Ufford...
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The Trump administration has revealed tougher rules for foreigners who want to invest in U.S. businesses that rely on sensitive technology, infrastructure and data. Treasury Department officials are getting set to implement the law passed by Congress last year that will expand the scope of...
Amazon said it has started hiring delivery drivers in Germany as it ramps up its logistics arm, with plans to open 11 more distribution centers in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...