Search results for "fraud"

June 07, 2023
Data Orchestration in the Cloud Powers Fast, Flexible and Secure...

Digital services have become par for the course in modern payments and banking. Issuers, processors and acquirers are all taking note, particularly as the risks of relying on legacy infrastructure...


June 06, 2023
FTC Returned $392 Million to Consumers After Law Enforcement Actions

The Federal Trade Commission (FTC) returned $392 million to consumers in 2022 after recovering the money in law enforcement actions. About $248 million of those refunds came from cases in which the FTC sent...


June 06, 2023
42% of Consumers Will Switch FIs for Bundled Banking

Many consumers like the idea of having all their banking products reside within the same financial institution, as long as banks and FIs can overcome some consumer worries. The topic...


June 06, 2023
B2B Payments Platform Sprinque Secures $21 Million Debt Facility to...

Amsterdam-based B2B payments platform Sprinque has secured a 20-million-euro (about $21 million) debt facility. “We’re extremely happy to be able to share the good news for B2B merchants in Europe that operate...


June 06, 2023
Trulioo Expands ID Verification Platform’s AI-Powered Offerings

Trulioo has debuted expanded versions of its know your customer (KYC) and know your business (KYB) identity verification tools. The updates include expanded geographic coverage, “localization and enhanced artificial intelligence” (AI) to...


June 06, 2023
Thunes Raises $60 Million to Scale Cross-Border Payments

Payment infrastructure platform Thunes has raised $60 million to expand into new markets. The Singapore-based company announced the conclusion of its Series C funding round Tuesday (June 6), while also...


June 05, 2023
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June 05, 2023
Latest FTX Filings Show Bankman-Fried Is Banking on Being Freed

Sam Bankman-Fried has long professed his innocence. Now, he’s building a case to show he’s not guilty. The disgraced founder of the bankrupt FTX cryptocurrency exchange has filed two legal arguments, each attempting to beat back...


June 05, 2023
Worldline Wants Customers to ‘Be Their Own Travel Agent’

Payments services company Worldline has launched a partnership with travel website travelplanbooker.com. “At its core, this new partnership empowers today’s traveler to be their own travel agent, planning and tailoring their trips to their own...


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.