Search results for "fraud"

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...


March 10, 2023
Things Are Getting Real, but Not Real Good, for Crypto

Rather than enjoying a spring thaw, crypto’s 2022 winter is transitioning to an ice age. This, as New York Attorney General (NYAG) Letitia James on Thursday (March 9) alleged that...


March 10, 2023
Why Can’t Consumers Quit Passwords?

Everyone hates the outmoded authentication tool, but no one seems to be able to give it up. The technology is there, and often already in place. But businesses and consumers...


March 10, 2023
Treasury Prime CFO Says Tough Times Reveal Embedded Finance Benefits

In today’s challenging macroclimate, embedded finance solutions are critical to meeting evolving customer preferences.  And in today’s macro environment, where maintaining and expanding every customer relationship is increasingly important, meeting...


March 10, 2023
AI Can Help Credit Unions Make Payments Smarter and Credit...

Beyond the chatbots and hype, artificial intelligence has the potential to improve financial services. Jeremiah Lotz, managing vice president of digital and data at PSCU, told PYMNTS that AI will...


March 09, 2023
Yoti and Lloyds Banking Group Partner on a Reusable Digital...

Lloyds Banking Group is supporting Yoti in developing a reusable digital identity solution. The support includes a £10 million (about $12 million) investment in the United Kingdom-based digital identity company. The new product...


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.