May 02, 2024
US Firms Are Main Targets for Cyberattacks, Intelligence Chief Tells...
Director of National Intelligence Avril Haines told Congress Thursday (May 2) that there has been an alarming increase in cyberattacks worldwide. Haines highlighted the growing threat of ransomware attacks, which saw a...
May 02, 2024
Analysis: Microsoft’s $2.2 Billion AI Bet May Boost Malaysia’s Tech...
Microsoft will inject $2.2 billion into Malaysia’s burgeoning cloud and artificial intelligence (AI) infrastructure over the next four years, CEO Satya Nadella announced on Thursday (May 2). The tech giant’s...
May 02, 2024
Private Equity Firm Permira Acquires Majority Stake in Fraud Prevention...
Private equity company Permira has acquired a majority stake in Israeli fraud/financial crime prevention provider BioCatch. The agreement, announced Thursday (May 2), values BioCatch at $1.3 billion, and comes amid a...
May 02, 2024
Competing With Giants: How Small Businesses Can Optimize Their eCommerce...
This National Small Business Week, merchants are increasingly moving beyond Main Street — and into eCommerce. And with the news that the post-pandemic growth for most Main Street small and...
May 02, 2024
Visa Stresses Education as Small Businesses Confront Fraud Vulnerabilities
Most crimes, as the saying goes, are crimes of opportunity. And that’s bad news for small businesses, whose lack of resources and challenges when accessing financing often leaves them ill-prepared...
May 02, 2024
Data Revolution Adds Stability to Uncertain Financial Transactions
In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry. Continued uncertainty...
May 01, 2024
Upwork Believes AI is the Future of Work
Against a challenging macro backdrop, freelance work matters more than ever. And the innovations that support those freelancers have taken on a new prominence. That’s the tack that Upwork executives...
May 01, 2024
Google Lays Off 200 in Core Unit as Reorganization Continues
Google has reportedly reorganized its Core unit, which builds the technical foundation behind the company’s products. The reorganization included the layoffs of at least 200 employees and the shifting of some...
May 01, 2024
Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance failures at Cash App and Square going back years, NBC News...
Most eCommerce merchants miss a crucial piece of the security puzzle: Just 33% use screening mechanisms that can identify potential fraud as the cause of failed payments. PYMNTS Intelligence’s latest study, “The Role of Fraud Screening in Minimizing Failed Payments,” a collaboration with Nuvei, draws on insights from 300 executives about the efficacy of eCommerce screening mechanisms.