Search results for "fraud"

February 07, 2023
Paytm Boosted by India’s Ban on Chinese Apps

India has reportedly banned 232 apps connected to China as relations between the neighbors worsen. The order by India’s tech ministry blocks 138 betting and gaming apps and 94 credit...


February 07, 2023
Google Pay Ditches the CVV With Virtual Card Numbers for...

Autofill solved a lot of problems for eCommerce — especially friction at checkout. Peeyush Ranjan, vice president and general manager of Google Pay, told Karen Webster that being able to...


February 07, 2023
Record 20% of Americans Expected to Bet on Super Bowl

Legalized sports betting means wagers on this year’s big game could be bigger than ever. “With the expansion of legal sports betting, traditional Super Bowl wagers are expected to pass...


February 07, 2023
Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings

The Super Bowl is synonymous with a surge in online sports betting. Last year, Americans wagered around $7.6 billion overall on the event, according to the American Gaming Association, with tens...


February 07, 2023
Chainalysis Says It’s Time to Find Out What’s Real in...

The time is ripe for financial institutions to explore what cryptocurrency offerings their customers want. That’s despite 2022’s bear market, Jeff Billingham, director of strategic initiatives at blockchain intelligence platform Chainalysis,...


February 07, 2023
Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies

The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over...


February 06, 2023
UK Regulator Reports ‘Broad Support’ for Reimbursing APP Fraud Victims

The U.K.’s payments regulator wants banks to reimburse victims of authorized push payment (APP) fraud. In light of a 40% increase in APP fraud in 2021, regulators in the country...


February 06, 2023
Klobuchar Talks Ticketmaster Antitrust Allegations On CBS ‘Sunday Morning’

US Senator Amy Klobuchar continues to go after Ticketmaster/Live Nation for alleged anti-competitive practices.  The Minnesota Democrat tells CBS “Sunday Morning” they control 70 percent of the big concert ticket...


February 06, 2023
The ACCC’s Ongoing Digital Platforms Services Inquiry: Regulatory Reform

By Jacqueline Downes, Bella Cameron and Jamie Hick1   I. Introduction This piece builds on our previous articles and publications2 covering the Australian Competition and Consumer Commission’s (ACCC) examination of...


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.