March 2, 2020Healthcare in the U.S. is a massive industry.
According to the Centers for Medicare and Medicaid, $3.5 trillion — or roughly $11,000 per person — was spent in the U.S. in ...
March 1, 2020Small- to medium-sized businesses (SMBs) were duped by salespeople from American Express (AmEx) who reportedly misrepresented card rewards and fees in an effort to close more approvals, according to a report ...
February 28, 2020To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps, to Latin America.
In a report ...
February 28, 2020Cloud hosting platforms are charged with storing and protecting vast troves of valuable personal and company information, making them tempting targets for fraudsters. Improper security measures can result in incalculable ...
February 27, 2020Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email compromise scams.
One of the latest ...
February 27, 2020In today’s top payments news, U.S. companies in China warned annual revenue might be off by almost 50 percent due to the coronavirus, Square posted fourth-quarter earnings that beat expectations ...
February 27, 2020A cross-section of European financial powerhouses – including members of the Euro Cyber Resilience Board for pan-European Financial Infrastructures (ECRB), chaired by the European Central Bank (ECB) – have joined ...
February 27, 2020Everything about data is about to change for retailers doing business in New York State. On March 21, a new law regarding data security goes into effect and retailers of all ...
February 27, 2020Fraud continues to increase in many areas, despite extensive attempts to bring it to heel. Retail fraud attempts have doubled year over year, for example, while account takeover (ATO) fraud ...
February 27, 2020Businesses and governments want the speed and convenience of issuing and accepting digital payments, but, at the same time, they cannot afford to alienate cash-dependent consumers. Debit payments are being ...
February 26, 2020In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 ...
February 26, 2020 Restaurants are diving head first into digital innovations, such as mobile ordering and rewards programs.
These merchants have always been vulnerable to in-person fraud, including coupon or promotion scams, but digital ...
February 26, 2020 Successful companies know they must be agile and flexible to meet customers’ ever-changing demands, forge valuable long-term supplier relationships and operate smoothly.
Many are turning to enterprise resource planning (ERP) tools ...
February 25, 2020To support scam victims, the Federal Trade Commission (FTC) will start to send refunds of over $1.7 million to consumers who fell victim to a tech support scam, the agency ...
February 25, 2020While third-party delivery apps can boost sales and name recognition, many restaurants are eschewing them in favor of proprietary apps. This switch can pay dividends, but it also means they ...
February 25, 2020This week’s look at the latest in payment rail innovation finds solution providers largely embracing the opportunity to develop new technologies for legacy payment rails. Some firms are focusing on ...
February 25, 2020Legacy enterprise resource planning (ERP) systems can both drain businesses’ time and resources and make accounts payable (AP) processes overly complicated. But, integrating ERP and AP systems can help expedite ...
February 25, 2020 Chinese banking and business practices’ potential impacts are favored topics for bankers and merchants: Changes in this market often have ripple effects on global finances. The country’s recent cybersecurity and ...
February 24, 2020The first and oldest writings of human civilization were not poems or prayers: they were invoices. Transactions for livestock, spices, grain — the Sumerians began marking it all down in ...
February 24, 2020Tax season is upon U.S. small businesses, and fraudsters are taking advantage.
In a new report from Proofpoint, researchers warned that any businesses with the word “tax” in its domain is ...
February 24, 2020After four years of evolving Chinese online data and security regulations, foreign merchants doing business in China can find it challenging to stay compliant. In the latest Merchants Guide To ...
February 24, 2020The mobile order-ahead market continues to expand its footprint, growing by 23 percent over the past four years and now accounting for more than 3.1 billion restaurant visits and $26.8 ...
February 24, 2020 For the accounts payable (AP) and enterprise resource planning (ERP) automation space, it’s no longer business as usual. Firms looking to strengthen their interactions with customers and vendors by adopting ...
February 24, 2020Binance, Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. The market is scrambling to provide users with a stablecoin.
Roughly 300 people signed up for a corresponding “masterclass” ...
February 23, 2020Police and financial institutions are battling to contain a wire transfer email hacking scam that is costing individuals and businesses billions, The Wall Street Journal (WSJ) reported on Sunday (Feb. 23).
In ...
February 21, 2020You know the drill — pay gig workers faster, and they do more work for the platforms that pay them that way. Yet, stringent security measures and burdensome onboarding processes ...
February 21, 2020With $521 million raised this week among B2B FinTech startups, the industry continues to prove its appeal among venture capitalists. PYMNTS’ latest roundup finds investor interest for B2B eCommerce, small ...
February 21, 2020 B2C trends are bleeding into the B2B space and forcing corporate sellers to become digitally savvy — and fast.
Corporate buyers are also consumers, meaning they are accustomed to eCommerce’s ease ...
February 21, 2020New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission (TLC), according to reports on Thursday (Feb. ...
February 21, 2020 The continual spread of Open Banking means that regulators and merchants in various markets are becoming more aware of the critical importance of security as data speeds increase. One of ...
February 21, 2020A cyberattack at NRC Health has prompted questions about the security of its data and overall patient privacy, CNBC reported.
On Feb. 11, the attack hit the publicly traded health company, ...
February 20, 2020The Federal Trade Commission (FTC) has sent $34 million to victims of a scheme by Office Depot and a separate software provider that encouraged them to buy unnecessary computer repair ...
February 20, 2020A recent academic study found that company CFOs are less likely to admit to fraud when they’re facing pressure to meet certain financial goals, according to Forbes. The study illustrates that corporate ...
February 20, 2020Swiss bank Julius Baer is being scolded by Switzerland’s financial watchdog for failing to notice money-laundering threats connected to deception in Venezuela and FIFA, the world soccer body, Reuters reported ...
February 20, 2020Cybersecurity firm ZeroFOX closed a $74 million funding round led by Intel Capital that will be used to advance cyberattack detection and remediation, VentureBeat reported on Thursday (Feb. 20).
Existing investors ...
February 20, 2020MGM Resorts International, a hotel and casino operator, admitted it had experienced a data breach following a report saying information on 10.6 million guests was compromised, according to a report ...
February 20, 2020Fraud prevention and identity verification firm Kount is launching Email First Seen, a tool that serves as an indicator of email trust, the company announced on Thursday (Feb. 20).
The solution ...
February 20, 2020Steve Chen, the mastermind behind a $147 million gemcoin fraud from 2013 to 2015, pleaded guilty of his crimes of tax evasion and conspiracy to commit wire fraud, reported on ...
February 20, 2020SentinelOne, which provides monitoring and security services for laptops and any kind of device connected to a network, has picked up a $200 million Series E funding round, the company ...
February 19, 2020Some people think the best thing about the Pennsylvania-based convenience store and fuel chain Wawa is their absurdly delicious jalapeño-stuffed pretzels, oozing with molten cheese. So very tasty. Bad people ...