Search results for "fraud"

August 14, 2023
Genesis Bidco Aims to Acquire Fraud Prevention Firm Glantus

Basware subsidiary Genesis Bidco Limited has announced its intention to purchase the entire share capital of Glantus Holdings PLC, a provider of specialist audit recovery and fraud prevention software. In response, the...


August 14, 2023
The Trade-Off With That Free, Unexpected Package You Received —...

Have you received an unexpected package lately? It might be from Amazon, Home Depot, or any other retailer you can think of. While receiving an unsolicited package might seem like...


August 14, 2023
Dynamic Routing Boosts Merchant Conversion Rates and Customer Loyalty

Andy McHale, senior director of product and market strategy at Spreedly, told PYMNTS in an interview that in the age of digital commerce, dynamic routing can be key to customers’ loyalty...


August 13, 2023
Sen. Lummis and Crypto Lobby Petition for Coinbase Suit Dismissal

One of the Senate’s biggest cryptocurrency champions has come to embattled exchange Coinbase’s defense. Sen. Cynthia Lummis, R-Wyo., on Friday (Aug. 11) submitted an amicus brief on behalf of the company calling...


August 11, 2023
FTX’s Bankman-Fried Trades Parent’s Home for Prison as Judge Revokes...

It is official: orange is the new black for accused crypto criminal Sam Bankman-Fried. This, as a federal Judge revoked the FTX co-founder’s bail and sent him packing off to jail Friday...


August 11, 2023
Federal Judge Revokes Bail for FTX Founder Sam Bankman-Fried

FTX founder Sam Bankman-Fried was ordered to jail Friday (Aug. 11) after a federal judge revoked his bail. Since his arrest on fraud charges in December, Bankman-Fried had been under house arrest at his parents’...


August 11, 2023
Orange May Be the New Black for FTX’s Sam Bankman-Fried

Sam Bankman-Fried’s fraudulent cryptocurrency empire fell apart last November. So too did the hopes and financial goals of the more than 1 million customers who entrusted his FTX platform with...


August 10, 2023
Gen AI Is Having Its iPhone 2G Moment

Generative artificial intelligence (AI) may be suffering from recency bias. The technology, which splashed down into the marketplace last November, represents one of the most significant developments in computing capability...


August 10, 2023
Visa Expands Conferma Pay Partnership to Boost B2B Payments

Visa has expanded its partnership with Conferma Pay to enhance its B2B payment offerings. The new collaboration, announced Thursday (Aug. 10), is centered around Visa Commercial Pay, the payments giant’s B2B suite. “The...


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.