Search results for "fraud"

August 23, 2023
The Modern Fraud Dilemma: It’s Good AI Against Bad AI 

Generative artificial intelligence (AI) is making everything easier, including scams. Bloomberg reports that the world’s banking industry is “scrambling” to contain the risk of AI-generated criminal attacks. And insiders have repeatedly told PYMNTS...


August 22, 2023
Rise of AI-Powered Deepfake Imposter Scams Threatens Individuals and Banks

Deepfake technology, powered by artificial intelligence (AI), is reportedly becoming a favored tool for criminals engaged in imposter scams, posing a significant threat to individuals and the banking industry. This...


August 22, 2023
Basware Appoints Interim CEO Jason Kurtz to Permanent Role

Basware has appointed Jason Kurtz, who has served as interim CEO since the start of 2023, as its permanent CEO. Kurtz has over two decades of experience in B2B enterprise...


August 22, 2023
Beyond Launches Tally to Streamline Payments for Short-Term Vacation Rentals

Beyond, a revenue management solution for vacation rental managers and owners, has unveiled Tally, a payment processing solution specifically designed for the vacation rental industry. As noted in a Tuesday...


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...


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.