Search results for "fraud"

April 05, 2023
Calls to Pause AI Development Miss the Point of Innovation

Innovations transform the economy and change the realities of daily life. The sign of a healthy, competitive market is one where the doors are open to innovation and development, not...


April 05, 2023
PostFinance and Sygnum Bank Team to Offer Swiss Customers Crypto

Swiss government-owned bank PostFinance is getting into the cryptocurrency business. The company has joined forces with Swiss digital bank Syngum to offer customers “a range of regulated digital asset banking...


April 05, 2023
NatWest’s Journey to API-Enable All Customer Payments Journeys

The use of application programming interfaces (APIs) in banking is growing, making it critical for financial institutions to develop a strong API strategy to integrate with third parties and business...


April 04, 2023
Karbon CFO on Cash Diversification Strategies in the Wake of...

Where were you when you heard about Silicon Valley Bank? It’s the classic crisis question now being applied to the recent banking emergency that may be under control. Fingers crossed....


April 04, 2023
CFPB’s Chopra Eyes Big Tech’s Payments Efforts and Stablecoin Risks...

The words “systemic” and “risk” have been on everyone’s lips in the past few weeks. And for Big Tech, at least, the regulatory gaze will only widen, eyeing the payments...


April 04, 2023
SEC Charges Frank Founder With Fraud in $175 Million Sale...

Federal regulators say the founder of student financial aid company Frank defrauded America’s biggest bank. Charlie Javice was charged Wednesday (April 4) by the Securities and Exchange Commission (SEC) with...


April 04, 2023
Amazon Blocked Opening of 800,000 Fake Seller Accounts in 2022

Amazon said it stopped six million counterfeit products from entering the ecosystem in 2022 as the marketplace expands its Project Zero initiative to get fakes off its platform. In a Tuesday...


April 04, 2023
PayPal Unlocks Enterprise Merchant Features for Small Business With Advanced...

Online merchants have long used PayPal and Venmo to drive checkouts. But in the current macro environment, for smaller online sellers to move beyond the “small to mid-sized” designation —...


April 04, 2023
Paying for Verified Blue Checkmarks Could Hurt Brands and Retailers

After acquiring Twitter for $44 billion in 2022, Elon Musk publicized the idea of paying for the coveted blue checkmark, which was met with mixed reactions from the public. This...


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.