Search results for "fraud"

August 09, 2023
Nuvei Sees TPV Up 68% in Q2 But Stock Drops...

Nuvei Corp. stock dropped 36% Wednesday (Aug. 9) after the Canadian FinTech released its second-quarter earnings showing a net income drop. As of late afternoon, Nuvei was trading at $19.07 a share,...


August 09, 2023
PULSE and FICO Extend Partnership to Deliver Fraud-Detection Technology

PULSE, a Discover company, has extended its partnership with FICO to deliver fraud-detection technology to financial institutions. This collaboration permits PULSE’s continued enhancements of its DebitProtect suite of fraud-mitigation solutions, which...


August 09, 2023
Epic Games Loses Trial with Apple Over Payments

Apple and Epic Games are locked in a legal battle over the terms of their App Store transactions. On Wednesday, the US Supreme Court handed Epic Games a setback, denying its...


August 09, 2023
Fed to Ratchet Up Oversight Into Banks’ Crypto Activity

America’s central bank is the latest U.S. regulator to increase cryptocurrency sector oversight. The Federal Reserve Board on Tuesday (Aug. 8) released new information on its plan to supervise “novel activities,” a term that...


August 09, 2023
Winning Checkout Game Requires Demystifying Payments Orchestration, Says Spreedly CEO

The world of payment services is constantly evolving and can be frustrating to navigate. That’s why payments orchestration is so important. And for those businesses that find themselves wondering just...


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...


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.