March 08, 2023
NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022
The New York State Department of Financial Services (DFS) secured $157.4 million in 2022. That total includes $124.5 million recovered for consumers and healthcare providers who filed complaints against insurance...
March 08, 2023
Fed Chair Powell Lays out Concerns Over Crypto
United States bank regulators’ posture on digital assets is increasingly one of “prove it” pressure. This, as Federal Reserve Chairman Jerome Powell Tuesday (March 7) re-emphasized his earlier stern warnings around cryptocurrencies during his...
March 08, 2023
Fed Chair Powell Calls Crypto a Mess, Lays Out Concerns
United States bank regulators’ posture on digital assets is increasingly one of “prove it” pressure. This, as Federal Reserve Chairman Jerome Powell Tuesday (March 7) re-emphasized his earlier stern warnings...
March 08, 2023
Why eBay Doesn’t Want Consumers to Think About Paying
The phrase “seamless checkout” has been used so much to describe so many things that the meaning has gotten foggy. But given what’s at stake, this murkiness is far from...
March 08, 2023
Barclaycard Says Retailers Need Detect-and-Protect Mindset to Stop Online Fraud
Payment fraud is expected to jump from $28 billion globally in 2020 to $49 billion in 2030, according to analysts. Those figures, said Linda Weston, head of core product at...
March 07, 2023
When Customer Service Underdelivers, Merchants Risk Consumer Rage
There’s a crisis in customer satisfaction, and brands that get it are likely to come out on top. The Wall Street Journal (WSJ)reported Tuesday (March 7) on results of the...
March 07, 2023
25% of Bankers Say Banking-as-a-Service Tech Will Boost Revenue
Businesses that neglect digital experiences risk losing business and falling behind their more innovative peers. This, as digital banking has quickly become a default means of financial interaction. PYMNTS research...
March 07, 2023
Finance and Insurance CFOs Turn to Day-to-Day Liquidity Modernization
Forward-looking firms that had previously pivoted to accommodate sudden shifts brought on by the pandemic just a few years back are rethinking their tech investment budgets. Tailoring their spending to...
March 07, 2023
GIACT and Mastercard Team to Provide Secure Account Verification
Mastercard and GIACT have joined forces to offer customers secure account verification. The partnership expands on GIACT digital identity and fraud solutions to allow “businesses to use a multi-method approach...
