February 13, 2023
Paper Checks Still Prevalent for Consumers’ Health Insurance Claim Payouts
As costs climb, it may finally be time for health insurance companies to grow out of legacy paper check systems. In our ever-increasingly connected digital age, an industry-wide reliance on...
February 13, 2023
An Inside Look at Authentication Done Right
With 70% of U.S. adults interested in advanced ID verification, companies that leverage it to speed sign-in are poised to gain revenue, Spark Wallet CEO Martin Spusta tells PYMNTS.
February 13, 2023
Banks Out to Challenge Big Tech in Brewing Digital Wallet...
With digital wallets now being used more after a years-long ramp-up, there’s a new battle brewing over which wallets consumers both know and trust with their payment credentials. Big Tech...
February 12, 2023
FTC Distributes $115M to Victims of MoneyGram Payment Fraud
The federal government has reimbursed nearly 40,000 victims of fraud schemes processed by MoneyGram. According to a Friday (Feb. 10) Federal Trade Commission (FTC) news release, the more than $115...
February 10, 2023
Report: NYDFS Investigating Stablecoin Issuer Paxos Trust
Paxos Trust is reportedly being investigated by the New York State Department of Financial Services (NYDFS). It is not known why the issuer of the Pax Dollar (USDP) and a...
February 10, 2023
Carrefour Rolls Out Facial Biometric Payment in UAE
Carrefour has enabled facial recognition as a means of verifying payments in the UAE. The retailer, which is operated as a franchise by Majid Al Futtaim in the United Arab...
February 10, 2023
Advanced Identity Tools Speed Crypto Account Access and Build Revenue
Streamlined digital account opening is a must-have for all financial institutions (FIs). A critical step in that process is the login experience, for which customers increasingly require speed and security....
February 09, 2023
Accelitas and Fiserv Add Real-Time Data to Bank Account Validation
Accelitas has added Fiserv’s real-time data to its bank account validation (BAV) solutions. With this data from the global provider of payments and financial services technology solutions, Accelitas’ BAV solutions...
February 09, 2023
Meta Investors Want To Revive Cambridge Analytica Fraud Case
Meta investors formally asked a US appeals court to revive a proposed class action accusing the Facebook parent of concealing a serious privacy breach that let a political consulting firm...
