October 13, 2016
Wells Fargo Scandal Exposes Cracks In Whistleblower Program
Nearly five years ago, former Wells Fargo general manager Claudia Ponce de Leon filed a whistleblower account with the federal labor regulators to report that she lost her job after...
October 13, 2016
FTC Acts to Stop Global Internet Extortion Plot
In one of the latest legal twists on hackers who hold hardware and software and the data held within for ransom, Courthousenews.com reported Thursday that the Federal Trade Commission has...
October 13, 2016
Mobile Payments: What’s In It For Me?
Mobile payments news this week shows a contrast. In some countries, consumers feel that their lives are changed for the better by mobile and contactless payments, and they perceive added...
October 13, 2016
Vera Bradley Customers Left Holding The Bag After Hack
When a company’s data is hacked, there’s the question of “who’s holding the bag?” In this case, it’s handbag company Vera Bradley and potentially its customers who shopped between July...
October 13, 2016
Why Emburse Opened Its vCard Solution To Developers
When expense management firm Emburse launched only a year ago, the company entered the market with a commercial card service, issuing virtual and physical prepaid debit cards for specific purchases...
October 13, 2016
An Early Ship On The X-Border Holiday Season
It may be slightly early to hang those holiday lights, but global shipping companies are already prepping for the holiday hustle. For the October X-Border Payments Optimization Tracker™, PYMNTS spoke...
October 13, 2016
Walking The Payments Testing Tightrope
Testing payments is a necessary part of the business, yet a challenging one to address. Inadequate software testing can have dire consequences, but the increased complexity in payments testing has...
October 13, 2016
Decoding The Alphabet Soup Of Compliance
From AML to KYC, and even CIP, there’s no shortage of acronyms in the regulatory and compliance space. Sunil Madhu, founder and CEO of Socure, joined Karen Webster to break...
October 12, 2016
Another Group of Hackers Target Swift, According To Symantec
A second hacking group is targeting banks through the Swift Inerbank Messaging system, according to a report out from cyber-security firm Symnatec yesterday (Oct. 11). The group is leveraging similar...
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.
Companies think their identity systems are working—until the numbers prove otherwise. “The Hidden Costs of ‘Good Enough’: Identity Verification in the Age of Bots and Agents,” a PYMNTS Intelligence and Trulioo collaboration, reveals how “good enough” identity verification quietly drains $95 billion in revenue due to fraud and missed opportunities each year. In the age of bots and agents, complacency isn’t just risky—it’s expensive.