March 02, 2023
B2B Payments Go Digital — or Go to Die
Once businesses go digital, they don’t go back. After all, the future only moves in one direction. That’s according to Luke Trayfoot, chief revenue officer of online marketplace payment technology...
March 01, 2023
FTC: Fraud Losses Surged 30% Last Year, Cost Consumers $8.8B
Fraud has a price tag — and it keeps going up. As reported by the Federal Trade Commission last week, consumers lost $8.8 billion last year to various fraud schemes,...
March 01, 2023
Vesta CFO Says Evolving Consumer Consumption Habits Drive Global Growth
Fraud is a two-way street, eating away at merchant bottom lines while also disrupting the end-user experience. “As people increasingly do business and transact online, card spend is shifting more...
March 01, 2023
U.S. Bancorp Backs Tokenized Assets Network Firm Ownera
Digital assets software company Ownera has added U.S. Bancorp to its investor list. The company announced Wednesday (Mar. 1) that the banking giant had joined its Series A investment round as it works to “digitize paper-heavy...
March 01, 2023
PYMNTS Intelligence: Technology Is Needed to Safeguard Faster Payments
Robust fraud prevention measures, having always been an important tool for businesses, are now a must. When payments took hours or days to go through, companies had more time to verify the authenticity...
March 01, 2023
Credit Unions That Match Payments With Personalization Win Digital Wallet...
Digital wallets are helping to create a faster, more expedited checkout for consumers. As financial institutions (FIs) and tech companies battle for market share and compete to bring their offerings...
March 01, 2023
European Real-Time Payments See Historic Growth
Real-time payments are quickly becoming ubiquitous in developed nations worldwide, with businesses and consumers relying on this payment method in ever-growing numbers. A PYMNTS study found that 86% of businesses...
March 01, 2023
AI Fraud Detection Efforts Fall Short Without Proper Data and...
It’s become impossible to ignore the recent boom in artificial intelligence interest, and while AI is not new to the payments space, its utility is advancing rapidly. Interviewed for the...
March 01, 2023
Spotify Says Payments Choice Critical to Growing Global Streaming Market...
A successful payment is music to the ears of consumers and corporations involved in streaming entertainment, so for global brands in the space, there’s no tuning out on the payments...
