June 28, 2023
FTX Moves to Resurrect International Crypto Exchange
FTX reportedly wants to relaunch its exchange amid ongoing legal fallout from its collapse. CEO John J. Ray III told The Wall Street Journal (WSJ) Wednesday (June 28) that the cryptocurrency...
June 28, 2023
5 Key Things You Need to Know About the INFORM...
There’s a new law in town and it’s taking on organized retail theft and the trade of counterfeit and hazardous goods on digital platforms. The act follows the prevalence of...
June 28, 2023
Synthetic Fraud Rises at ‘Alarming’ Rate as AI Evolves
Can one stolen ID, augmented with artificial intelligence, yield $2 million in pilfered government benefits? It’s a scenario Haywood Talcove, chief executive of LexisNexis Risk Solutions’ government division, laid out...
June 28, 2023
Experts Say 3DS 2.0 Will Gain Ground as Commerce Relies...
In a world where eCommerce is king, routing traffic is a critical move. Merchants need to ensure a seamless experience that could otherwise deter customers from coming back. Moreover, payments...
June 27, 2023
Invoiced Launches B2B Invoicing Network to Streamline Accounts Payable Process
Austin, Texas, platform operator Invoiced has launched a business-to-business (B2B) invoicing network, expanding its solution from accounts receivables to accounts payables (AP). According to Jared King, CEO at Invoiced, “no...
June 27, 2023
Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and establish the credentials of senders...
June 27, 2023
Socure Acquires Berbix to Bulk Up ID Verification Toolbox
Digital identity provider Socure has paid $70 million to buy document verification startup Berbix. The cash and stock transaction, announced Tuesday (June 27), allows Socure to integrate Berbix’s technology and unveil its Predictive Document...
June 27, 2023
Court Denies Bankman-Fried’s Motions to Dismiss Counts
A New York court has denied motions to dismiss counts against Sam Bankman-Fried. The founder and former CEO of bankrupt cryptocurrency exchange FTX had sought a dismissal of 10 of the 13 counts...
June 27, 2023
Resistant AI Raises $11 Million for AI Security Solutions
Resistant AI has raised more funding for its artificial intelligence (AI) and machine learning (ML) security solutions. The company has added $11 million from venture capital (VC) firm Notion Capital...