Search results for "fraud"

March 17, 2023
An Insider on Why Instant Checkout Is a Deal-Maker for...

Four out of five Americans are interested in faster options to pay businesses for goods and services — an interest that is likely to grow, says Senior Vice President Peter...


March 17, 2023
Will FedNow’s July Launch Ignite Real-Time Payments in the US?

The Federal Reserve’s FedNow real-time rail debut is imminent. Financial institutions (FIs) including banks and credit unions have been using services from Zelle to rails like the RTP Network from...


March 16, 2023
Lebanon Central Bank Governor Denies Money Laundering and Embezzlement Allegations

Lebanon central bank Governor Riad Salameh has made his first court appearance facing international charges. Five European countries are investigating the Banque du Liban governor and his brother, Raja Salameh,...


March 16, 2023
FTC Request Info On Ads from Social Media & Video...

The US Federal Trade Commission (FTC) has asked that eight major social media and video streaming firms, including Meta Platforms, Twitter, TikTok and YouTube, turn over information surrounding how they...


March 16, 2023
Consumers Willing to Trade Convenience to Better Protect Private Data

Consumers across age, income and lifestyle demographics are concerned about the safety of their personal information. When it comes to consumer-facing sectors such as retail or banking, convenience isn’t always...


March 16, 2023
Bankman-Fried’s Billions Mirror the Oversight Gaps Torching the Banking Sector 

At least one person might be relieved, if not exactly happy, that the banking system is melting. All of a sudden, Sam Bankman-Fried’s alleged misdeeds look like small potatoes. Relatively...


March 16, 2023
Circle Investors Redeem $3 Billion in USDC

Cryptocurrency investors have withdrawn a net $3 billion in Circle’s USDC coin this week. Circle said on its blog Wednesday (March 15) evening that it had “cleared substantially all of...


March 16, 2023
FTX Says Bankman-Fried Took $2.2 Billion From Alameda

FTX’s new management has uncovered $3.2 billion in transfers to the company’s founders. Much of that money — $2.2 billion — went to former FTX chief executive and accused fraudster Sam...


March 16, 2023
FTX Says Bankman-Fried Allegedly Took $2.2 Billion From Alameda

FTX’s new management has uncovered $3.2 billion in transfers to the company’s founders. Much of that money — $2.2 billion — went to former FTX chief executive and accused fraudster...


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.