Search results for "fraud"

July 10, 2023
B2B Platforms Need to Think Globally, Act Locally to Drive...

As companies look to steer their business strategy to drive growth, Pierre Lion, chief growth officer at FinTech firm Mangopay, says thinking globally should be a priority right from the...


July 10, 2023
Amazon Says Prime Day 2023 Will Highlight Small Business 

Amazon has cemented the loyalty of consumers with a vast marketplace and an extensive range of products and services provided by many individual sellers. The added benefits of Prime, including...


July 09, 2023
Binance Faces Executive Exodus as DOJ Investigation Looms

Binance has reportedly seen several executives depart amid fears of a U.S. Justice Department investigation. The cryptocurrency giant’s general counsel, head of investigations and chief strategy officer are all among...


July 09, 2023
UK Finance: 61% of Push Payments Fraud Tied to Meta

British lobbying group UK Finance has reportedly tied a bulk of the country’s digital payments fraud to Meta Platforms. As the Financial Times reported Sunday (July 9) — citing unnamed sources — the...


July 07, 2023
Senators Call for New Rules to Combat AI-Powered Scams

Senators have called on regulators to protect consumers from artificial intelligence (AI)-powered scams. In a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, United States Senators Sherrod Brown,...


July 07, 2023
SEC Enforcement on Crypto Proves Regulation Can Work

By: Blayne Haggart (Center for International Governance Innovation) The common perception regarding regulation of the internet and digital realm is that governments are too slow and ill-equipped to effectively regulate...


July 06, 2023
Former FTX Lawyer Sued for ‘Wide-Ranging Con Game’

FTX’s former chief regulatory officer has found himself involved in the failed cryptocurrency firm’s legal quagmire. Daniel Friedberg has been sued by the new management of FTX and accused of helping enable the...


July 06, 2023
BP Joins the Race to Create and Scale a Digital...

Fuel is at the center of the ecosystems that are changing fleet management, and by extension, logistics. In just one of the latest examples, BP began its digital payments solution launch at the end...


July 06, 2023
Mastercard Uses AI to Spot Real-Time Payments Fraud for UK...

Mastercard has teamed with nine British banks to fight fraud via artificial intelligence (AI). Now live in the U.K., the company’s consumer fraud risk solution uses large-scale payments data to spot...


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.