Search results for "fraud"

February 06, 2023
FTX Starts to Claw Back $93M in Political Donations to...

FTX’s new management has started the official legal process of clawing back past political donations. This, as court documents filed in January show that the FTX Debtors committee is reviewing...


February 06, 2023
Imitating Creators: Prospective Governance And Mechanisms For Identifying AI-Generated Content

By: Coran Darling (DLA Piper) We are slowly seeing the emerging trend of organisations considering the use of generative technologies across all areas of business. Collectively known as ‘generative AI’,...


February 06, 2023
Brazil, India, Mexico and UAE Lead Gains in Online Shopping...

Turns out, emerging nations may hold some clues for the rest of the world when it comes to doing digital commerce right. This, as new research into shopping ease and...


February 06, 2023
FTX Wants Politicians To Return Bankman-Fried Donations

Bankrupt crypto exchange FTX wants to recoup millions in political contributions made by its founder. The company says it is sending “confidential letters to political figures, political action funds, and other recipients...


February 06, 2023
SEON Acquires Complytron To Step-Up Money Laundering Fight

U.K. fraud prevention firm SEON has purchased anti-money laundering specialist Complytron. The acquisition, announced in a Monday news release provided to PYMNTS, is designed to create a combined fraud, anti-money...


February 06, 2023
nsKnox Is Preparing for a Wave of ‘Human Hacking’

As cybercriminals become increasingly sophisticated, companies must implement technology to protect payments, Nithai Barzam, COO at nsKnox, writes in the new PYMNTS eBook, “2023 Payments New Year’s Resolutions.” With the...


February 05, 2023
FTX Wants Politicians to Return Bankman-Fried Donations

Bankrupt crypto exchange FTX wants to recoup millions in political contributions made by its founder. The company says it is sending “confidential letters to political figures, political action funds, and...


February 05, 2023
Feds Expand Investigation Into FTX Collapse to Include Family and...

Federal prosecutors are reportedly widening the scope of their investigation into FTX. The Department of Justice (DOJ) is scrutinizing a growing range of people with connections to the failed cryptocurrency...


February 05, 2023
Bankman-Fried Company Declares Bankruptcy Amid Robinhood Fight

The Sam Bankman-Fried-owned business that holds millions of shares in Robinhood has filed for bankruptcy. The bankruptcy filing by Emergent Fidelity Technologies, reported Saturday (Feb. 4) by Bloomberg News, is...


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.