August 09, 2023
Omnichannel Is a Merchant Priority and Fraudster Opportunity
The embrace of omnichannel commerce as the pandemic recedes has brought a “new normal” for merchants, Adam Gunther, senior vice president and chief product officer at Kount, an Equifax Company,...
August 09, 2023
Accelerating Business Value Starts With Investing in the Finance Function
What is the value of doing this? It is a common question and one that Bill Fox, chief commercial officer at smart B2B payments network Finexio, told PYMNTS he gets...
August 09, 2023
Alternative Payment Methods Boost Conversions When Expanding Globally
Emerging from the pandemic, companies need to put payments at the center of their strategic roadmaps, according to Nuvei Chief Revenue Officer Laura Miller. For Miller, the “one thing” that’s...
August 08, 2023
Oscar Health Targets Rural Areas to Fuel Growth Beyond Q2
Health technology company and insurance platform Oscar Health announced “strong” second quarter 2023 earnings on Tuesday (Aug. 8), telling investors that its growth strategy for 2024 will focus on leveraging its provider...
August 08, 2023
China Calls for Limits on Facial Recognition Tools
China wants its businesses to think twice before using facial recognition technology. The country’s Cyberspace Administration (CAC) on Tuesday (Aug. 8) introduced draft regulations calling for limits on facial recognition and proposing instead the...
August 08, 2023
Discover Global Network: Connecting Domestic Schemes Is Critical for Financial...
Domestic payments schemes have taken on a broad range of different shapes and forms through the past several decades. Some of them — such as FedNow, the faster payments initiative...
August 08, 2023
Back-Office Overhaul Critical to Survival in Faster Payments Landscape, Says...
Just a few weeks after launch, FedNow is live. Miriam Sheril, Head of Product, U.S. at Form3, said that the initial interest and embrace by banks just a few weeks since the Federal...
August 07, 2023
Tackling Modern Fraud Requires Protecting Payment Devices in Real Time
In today’s fast-evolving and increasingly crowded business ecosystem, choosing the right partner is all-important. But as with all of life’s biggest questions, the answer is not always obvious and tends...
August 07, 2023
Social Engineering Enabled $37 Million Theft From Crypto Firm CoinsPaid
Social engineering enabled the July 22 hacker attack and theft of $37 million from crypto payments provider CoinsPaid. The hackers gained access to an employee’s computer by contacting them with...