Search results for "fraud"

August 22, 2023
Neches Credit Union Picks PSCU For Credit Card Support

Neches Federal Credit Union has picked PSCU for credit card processing services and support. PSCU, a credit union service organization, announced the partnership in a news release provided to PYMNTS Tuesday (Aug. 22)....


August 22, 2023
Bankman-Fried Survives on ‘Bread and Water,’ Pleads ‘Not Guilty’ to...

FTX founder Sam Bankman-Fried is reportedly surviving on “bread and water” in jail as he awaits trial. That’s according to the accused cryptocurrency fraudster’s attorney, who asked a judge during a hearing...


August 21, 2023
Automation Enhances AP/AR Workflows as CFOs Urged to Embrace Advanced...

Automation and artificial intelligence (AI) have become essential tools in the business-to-business (B2B) landscape, transforming various aspects of financial operations and payment processes. For instance, the digitization and automation of...


August 21, 2023
Aderant Debuts New Paperless Billing for Law Firms

Legal billing software platform Aderant has launched new paperless billing capabilities for law firms. These capabilities are part of the newest version of its flagship practice management software, Expert, used by most...


August 21, 2023
How Not to Become Just Another Gen AI Platform

Experimenting with the potentially disruptive use cases of generative artificial intelligence (AI) is relatively easy. It’s taking those use cases and scaling them up across enterprise workflows in a way...


August 21, 2023
What Self-Service Retail Is Teaching Banks About Self-Service Banking

The retail experience underwent an irreversible transformation following the store closures and stay-at-home orders during the early months of the pandemic. The global shift to eCommerce brought with it heightened...


August 18, 2023
Putting the ‘AI’ in Retail Could Give Firms Next-Generation Wins

Perhaps no industry has been upended more by the world’s ongoing digital transformation than retail. Walmart said on a Thursday (Aug. 17) earnings call discussing its second-quarter  earnings results for...


August 18, 2023
62% of FIs Grapple With a Rise in Fraudulent Transactions

As more transactions move online, banks are girding for, and doing battle against, a rising tide of fraud. As noted in the report “The State of Fraud and Financial Crime...


August 18, 2023
AI Under the Antitrust Microscope: Competition Enforcers Focusing on Generative...

By:  Ann O’Brien, John Carroll, Joy Siu & Jake Walker (Sheppard Mullin) As generative AI becomes an increasingly integral part of the modern economy, antitrust and consumer protection agencies continue to raise concerns about...


The Path to FinTech Profitability Must Be Fraud-Proof
Threat of Deepfakes Drives Two-Thirds of FinTechs to  Boost Fraud Budgets With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
Improving Financial Performance: Challenges Driving Spend Management System Adoption
Spend Management Headaches Push SaaS Firms to Automated Systems A new PYMNTS’ survey of 225 SaaS firm executives for the “Improving Financial Performance: Challenges Driving Spend Management System Adoption” report, an Airbase collaboration,  showed that accessing real-time data is so challenging when managing non-payroll spend that 76% said they’d pay for a system to help.