January 23, 2025
Reports: HSBC Shuttering Cross-Border Payments App Zing
Just one year after its launch, HSBC’s cross-border payments mobile app is no more. A Yahoo Finance report on Thursday (Jan. 23) quoted a spokesperson for the bank: “Following a...
January 21, 2025
New FDIC Chair Pledges ‘Wholesale Review’ of Bank Regulations
One of America’s newest financial watchdogs wants to conduct a sweeping review of bank regulations. Travis Hill, named acting head of the Federal Deposit Insurance Corporation (FDIC) by President Donald Trump, placed...
January 15, 2025
Prove Acquires Portabl to Offer Reusable Digital Identities
Identity verification firm Prove has acquired fellow digital identity company Portabl. The deal, announced Tuesday (Jan. 14), gives Prove access to Portabl’s offerings including the company’s specialty: reusable ID verification...
January 15, 2025
91% of Mid-Sized Firms Plan to Expand AP Automation to...
As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital payment fraud, the need for...
January 13, 2025
Chainalysis Bolsters Fraud Detection Capabilities With Alterya Acquisition
Blockchain data platform Chainalysis acquired Alterya, an artificial intelligence-powered fraud detection solution that works with cryptocurrency exchanges and FinTechs to identify scammers and protect the companies’ end users from authorized...
January 07, 2025
PayU-Backed BRISKPE Launches Cross-Border Payments Platform for Indian Small Businesses
PayU-backed BRISKPE has launched a unified platform for cross-border payments that is designed for Indian small and medium-sized businesses (SMBs). With this platform, SMBs can access account-to-account (A2A) transfers, card...
January 06, 2025
Court Docs Show Regulator’s Crypto Freeze Was More Warning Than...
There has been a quiet uproar happening in the crypto space, and it’s not bitcoin’s surging price. Rather, it is the ongoing accusations by U.S. crypto exchange Coinbase, as well...
January 03, 2025
Bears, Bulls and Regulations Shape Crypto’s 2025 Aspirations
The global cryptocurrency market is capitalized at over $3 trillion. Much of that value is concentrated at the top, among a few key digital tokens. Bitcoin, as the first and...
January 02, 2025
This Week in B2B: A Year’s Worth of Payments Innovation
We are officially in the second half of the 21st century’s first 50 years. But, against a backdrop where the finance functions of many B2B firms operate like it’s still...
No other industry has more at stake in digital identity verification than financial services, a future Zil Money’s Justin Timlin says will be driven by technology and shaped by how regulators want to see it deployed. Read more in this month’s “Alternative Payments Tracker®,” a PYMNTS and Socure collaboration.