Fraud evolves as the bad guys do, trying to stay one step ahead of technology and risk management efforts. Jack Bloch, SVP SW engineering at ACI Worldwide, tells PYMNTS that rules-based fraud detection and prevention systems are irrelevant to machine learning and pattern recognition.
A company that provides credit cards for startups has raised $100 million in debt capital to continue its growth, according to a news release from Brex and Barclays Investment Bank. The capital will be a warehouse line of credit backed by Brex’s corporate charge card...
Waymo, which recently became a company under the umbrella of Alphabet, is expanding its ride-hailing app in Phoenix and making it available on the Google Play store, according to a report in TechCrunch. Get the Full Story Complete the form to unlock this article and...
Walmart CEO Doug McMillon went on a two-day trip to Bangalore, India and said his company is committed to the Indian market, and that the country presents a huge opportunity, according to reports. Get the Full Story Complete the form to unlock this article and...
While most CEO stories are about having founded a firm to solve a problem, Upstart CEO Dave Girouard and his team of former Google staffers actually started with a solution. A solution, he told PYMNTS four years ago, that had nothing to do with financial...
Collections will never be the most beloved part of a business’ payment lifecycle – because in an ideal world, they wouldn’t exist, and buyers would pay suppliers on time in full without variance. But in the real world, collections are a recurring part of suppliers’...
Legislators in the European Union have approved a slew of banking reforms including the closing of loopholes exposed by the financial crisis, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Amazon is facing an inquiry by the Italian Competition Authority (ICA) over allegations that the company abused its position in the country’s eCommerce and logistic services markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Trading slump, yes. Goldman Sachs is still, of course, tied to the vagaries of investors’ back-and-forth on Wall Street, as evidenced by its latest earnings report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
