Search results for "fraud"

March 15, 2023
Helios Investment Partners Reportedly Offering Stake in Crown Agents Bank

A stake in Crown Agents Bank may be up for sale. Private equity investor Helios Investment Partners is working to sell a stake in the provider of cross-border payments, Reuters reported Wednesday (March 15), citing unnamed...


March 14, 2023
Chainalysis Says Data and Smart Regulation Critical for Crypto Rehabilitation

The year 2022 was one of the most tumultuous in the cryptocurrency industry’s brief history. It was a record year for another reason, too, as illicit crypto transactions hit a...


March 14, 2023
AI Isn’t New to Payments but Use Cases Like Predictive...

The current explosion of interest in artificial intelligence (AI) may seem new to the uninitiated, but truth be told, this cutting-edge tech has been silently performing tedious, high value tasks...


March 13, 2023
Fraud-Fighting Organizations Build Trust in Netherlands’ Digital Transformation

The Netherlands may not always be top of mind when considering digital connectedness or online enforcement, but PYMNTS’ research has detailed the country’s above-average digital engagement — with global fraud-fighting...


March 13, 2023
Some UK Lawmakers Eye Dropping Small Businesses from Crime Bill

The scope of the United Kingdom’s economic crime bill may be narrower than some hope. Some lawmakers have proposed excluding small businesses from the laws that the bill would implement,...


March 13, 2023
Circle’s Troubles Could Stoke Demand for Regulation of Stablecoins

There could be greater demand for regulation of stablecoins after USDC briefly lost its dollar peg. Regulators had already been looking at stablecoins, and the turbulence seen over the weekend...


March 13, 2023
The Silicon Valley Bank Story No One Has Told

It’s almost an eerie coincidence. Nearly three years to the day that the World Health Organization declared the novel Coronavirus a global pandemic, Silicon Valley Bank collapsed. The mass exodus...


March 13, 2023
Merchants Shift Focus to ‘Good Guy’ Strategy to Fight Fraud...

The payments ecosystem spends 99% of its time and money on the 1% of the people who are out to exploit the system: the fraudsters. It’s now time to turn...


March 12, 2023
Signature Bank Shut Down and Placed Under FDIC Control

Regulators have closed down crypto-friendly lender Signature Bank in an attempt to stave off a banking crisis. The Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and U.S. Treasury announced the...


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.