Search results for "fraud"

February 09, 2023
Why the Whole World Is Bullish on Generative AI

The world is entering a new age of generative AI, and there’s no going back. This, as even a flubbed demonstration of the next-generation artificial intelligence (AI) technology can have...


February 09, 2023
Robinhood Looks to Retake 55M Shares Tied to FTX Case

Robinhood hopes to buy back 55 million shares from Sam Bankman-Fried’s Emergent Fidelity Technologies. The trading platform said during its earnings call on Wednesday (Feb. 8) that its board had...


February 09, 2023
In 2023, Crypto Must Focus on Transparency and Security

The entire crypto industry should strive for the level of transparency seen in DeFi, Chainalysis Chief Product Officer Pratima Arora writes in the new PYMNTS eBook, “2023 Payments New Year’s...


February 08, 2023
Patience Wearing Thin for Judge Overseeing Bankman-Fried FTX Case

Sam Bankman-Fried is heading back to New York to face a federal judge once more.  This, as the disgraced FTX founder and his legal team had their request to adjourn...


February 08, 2023
Finzly Launches API Giving Developers Access to FedNow Service

Finzly now enables developers at platforms, FinTechs and financial institutions to access the FedNow Service. The banking and payment technology firm, which is a pilot participant in the FedNow Service,...


February 08, 2023
CFOs Seek New Levels of Efficacy in 2023 Systems Investments

With all the digital transformation that took place across various systems during the first two years of the pandemic, more firms are now filling in gaps or upgrading. They’re making...


February 08, 2023
Cigar Maker Swisher Want Rival To Pay $20 Million In...

Swisher has asked a federal judge in California to force a rival company to pay nearly $20 million in legal fees as a sanction for pursuing what it called a...


February 08, 2023
GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments

GoCardless has launched a solution that enables third-party payment providers to allow bank-to-bank payments. The new GoCardless Embed is a white-label product that integrates the firm’s global bank payment network into payment providers’...


February 07, 2023
Enigma and Alloy Team to Deliver Small Business Data to...

Enigma and Alloy have partnered to help financial institutions (FIs) better understand small businesses. The collaboration adds Enigma’s intelligence about the financial health and identity of U.S. businesses to Alloy’s...


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.