Search results for "fraud"

April 07, 2023
Real-Time Payments Gives Consumers Better Way to Manage Paying Bills

United States households pay more than $3 trillion in bills each year, including mortgage, rent, auto loans, utilities, cable and a host of other services, according to a recent report....


April 06, 2023
Robinhood Reaches $10.2 Million Settlement on March 2020 Platform Outage

Robinhood has reached a settlement with state securities regulators regarding operational and technical failures. The $10.2 million settlement includes the platform’s outages in March 2020 and operational deficiencies prior to...


April 06, 2023
Union Credit and TransUnion Team to Help Credit Unions Find...

Lending marketplace Union Credit and TransUnion have joined forces to help serve credit union customers. Union Credit helps credit unions (CUs) find new and credit-worthy members from outside their customer...


April 06, 2023
Remote Workforce Threatens Small Business Fraud Defenses

Businesses contemplating the transition to a remote workforce should prepare for possible increased fraud-related headaches. As reported recently by the Wall Street Journal, U.S. workers have voiced a clear preference for remote employment, as commercial...


April 06, 2023
With Professional Service Firms Catching Heat, Is This Digital’s Moment?

Running a business is complicated, particularly in today’s challenging macroclimate. But economic downturns are cyclical — and there exists a bevy of professional service firms out there to help organizations...


April 06, 2023
FTX Collapse Robs Researchers of Funding

The collapse of crypto exchange FTX has many victims. Add to the list: university researchers. According to a Thursday (April 6) report by Reuters, the downfall of FTX s grant-issuing...


April 06, 2023
More Than One-Third of Banks Say Item-Level Receipt Data Cements...

Financial institutions (FIs) have had many reasons to consider the benefits of investing in receipt data solutions. These range from fighting friendly fraud to helping their merchant partners personalize their loyalty programs, potentially increasing...


April 06, 2023
B2B Platforms Need Flexible Payment Infrastructure to Scale

The platform economy accounts for over two-thirds of eCommerce transactions, but according to Romain Mazeries, CEO at FinTech firm Mangopay, solutions that tackle the complex payment needs of platforms and...


April 05, 2023
Rise of Behavioral Fraud Makes Smart Prevention Critical for Businesses 

Employees are simultaneously a company’s first line of defense and their weakest link. That is because as today’s quick-moving, instant-everything modern world offers more hyperconnected vulnerabilities for bad actors to...


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.