Fraud’s rise has touched the majority of businesses and financial institutions (FIs) — and many are struggling to find ways to address the increasing sophistication of criminal attacks. While our researchers learned that FIs that use AI-powered anti-fraud and anti-crime solutions experienced lower levels of...
“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster. Right now, financial services are vulnerable to all sorts of fraud because technology, wielded by criminals, allows them to hide...
Real-time payments offer undeniable advantages to businesses of all sizes, and large firms can reap these benefits at scale. PYMNTS’ latest research shows that nearly two-thirds of large companies using real-time payments in at least one context believe the technology offers competitive advantages. Large firms...
Taiwantrade.com, the biggest B2B official portal for Taiwan, has potential to build an “intelligent mobile ecosystem” that includes electric vehicles, a press release said. Manufacturers of electric vehicles, charging stations and auto electronics are available on Taiwantrade Auto Parts, which has a big supply of...
Turkish startup Fimple has drawn $2 million worth of investments in a two-month, pre-seed tour and aims for global expansion of its cloud-based financial services. The Istanbul-based FinTech began its expansion by launching operations in London earlier this year, according to a Monday (Sept. 12)...
Unilever is making a direct play for consumers’ digital loyalty with its virtual storefront, The Ice Cream Shop, selling its packaged ice cream products across popular aggregators. Most recently, the storefront went live on Instacart’s online grocery marketplace after being available for years across restaurant...
The Nordic countries have been spearheading digital payment innovation for decades and the adoption of electronic identity (eID) documents is no different. However, ensuring the market for eID services is open while maintaining privacy and security for end-users can be a difficult undertaking. To meet...
Today in B2B payments, DoorDash adds news features to its DoorDash for Work product suite, while Freshly launches a B2B arm called FreshlyWell. Plus, Chargezoom CEO Matt Dubois talks with PYMNTS after his company raises $10 million in a Series A funding round. DoorDash, Restaurants...
When a startup reaches a certain scale, outsourcing finance operations isn’t an option anymore. That’s the point when many startups scale by bringing on an experienced chief financial officer (CFO) to take the reins of the finance function and build the office of the CFO...
