Payments are both an integral and a problematic part of higher education. They are integral because of how costly college is. The average annual cost of tuition during the 2021-2022 school year at a public four-year university stood at $10,740 for in-state students and $27,650...
From back office automation to company transformation. Amit Agarwal and Debopama Sen, global co-heads of payments, Citi Treasury and Trade Solutions, told Karen Webster that the technological “COVID toolkit” crafted over the past few years helped firms navigate commerce’s shift to online channels. CFOs and...
The one-time password — OTP for short — was an ingenious cybersecurity stopgap that worked for a while. But fraud never sleeps, and they’ve cracked the OTP code. It’s taken on such an important role in identity verification that fraud fighters must now evolve again...
Corporate fraud and corruption have risen since 2020, as the digital transformation that accompanied the pandemic opened new opportunities. New channels for workflows have left companies playing catch-up with oversight and governance, and greater reliance on remote work presents added opportunities for digital infiltration. The...
Simplifying and streamlining checkout is an industry obsession, and it’s going to get more intense as retailers recognize the importance of the checkout experience to shoppers. Speaking with PYMNTS for our “Executive Insights Series – The Next Three Years,” Kristjan Johannsson, chief commercial officer at LS...
Consumers are increasingly looking to get as many of their needs as possible met online, and brands that fail to adapt risk falling behind. Consumer-packaged goods (CPG) giant Colgate-Palmolive, for one, has been looking to boost its digital performance across brands. The company has especially seen...
Blockchain real estate tech firm Propy is now recording property sales and recording title and escrow documents on NFTs and well as standard blockchain transactions. With its recently launched Title & Escrow Service, the firm — which sold the first-ever tokenized property, an apartment in...
Thanks to a combination of real-world and online advertising assets that reach an audience of millions, retailers like Dutch multinational retail group Ahold Delhaize, which is popularly known for operating supermarket chains Albert Heijn and Delhaize in the Netherlands, are increasingly diversifying their revenue streams...
The Federal Trade Commission (FTC) is taking action against educational technology provider Chegg, saying the firm experienced four data security breaches since 2017 but allegedly failed to improve its security practices. The security breaches exposed Social Security numbers, email addresses, passwords and other sensitive information...
