Search results for "fraud"

August 24, 2023
JPMorgan: Healthcare Payments Need Context to Drive Patient Value

Innovation starts with payments and ends with a streamlined and fully optimized payee experience. But it needs to get past an iceberg of institutional inertia first — particularly within healthcare....


August 23, 2023
Bankman-Fried Gears Up ‘Lawyers Made Me Do It’ Defense Strategy 

Sam Bankman-Fried is reportedly subsisting on “bread and water” in prison, and the alleged vegan fraudster’s legal defense might not have much more meat to it.  A new court filing submitted...


August 23, 2023
SpyCloud Secures $110 Million Funding to Strengthen Digital Identity Protection

SpyCloud has secured $110 million in a growth round of funding to expand globally and enhance its authentication bypass prevention solutions, further fortifying digital identities against cyber threats. The funding round...


August 23, 2023
10 C-Suite Execs Share Their Recipe for Sustainable Success

There are as many ways to do business as there are businesses themselves. And each of those organizations has their own “One Thing” that they consider to be all-important in...


August 23, 2023
BlockFi Says FTX and Three Arrows Don’t Deserve Repayment

Bankrupt cryptocurrency lender BlockFi said two other failed crypto firms aren’t entitled to its money. In bankruptcy court documents filed this week, the company made arguments about why FTX and Three Arrows Capital (3AC) shouldn’t get what they...


August 23, 2023
Station Casinos Teams With Trustly for Open Banking Payments

Trustly says it has been named payments provider for Station Casinos’ NFT loyalty marketplace. The open banking payments company announced the partnership Wednesday (Aug. 23), saying it aimed to help the Las Vegas-based...


August 23, 2023
BIS: Crypto’s ‘Illusory’ Appeal Puts Emerging Economies at Risk

Have cryptocurrencies achieved their promise? A new Bank for International Settlements (BIS) report argued they haven’t. Cryptocurrency has put emerging market economies (EMEs) at risk, BIS said in the report issued Tuesday (Aug. 22). “Cryptoassets...


August 23, 2023
FedNow Is Live but Banks Face Integration Decisions

For banks eyeing what they must do to get on board the FedNow Service to meet customers’ expectations for faster payments and integrate with the first new payments rails in the United...


August 23, 2023
Cost of Payments Acceptance Is Top of Mind for Merchants

Merchants have much on their minds when they interact with Link Money, CEO Eric Shoykhet told PYMNTS. “Cost of payments acceptance — that’s the main focus,” he said. Enterprises want to drive these...


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.