Search results for "fraud"

January 30, 2023
Bad News for Fraudsters as US Boosts Crypto-Crime Toolkit

The U.S. Treasury Department is flexing its cryptocurrency enforcement muscles as industry attention grows. The turbulent crypto sector has historically suffered from the perception that its anonymous and decentralized technical...


January 29, 2023
Bankman-Fried Disputes Government’s Witness-Tampering Claims

FTX Co-Founder Sam Bankman-Fried is denying government claims of witness tampering in his fraud case. Mark Cohen, one of the attorneys leading Bankman-Fried’s defense, said Saturday (Jan. 28) that federal...


January 28, 2023
Online Betting and Instant Payouts the Odds-on Super Bowl Favorites

Want to see a consumer truly upset about payments friction? Tell a gambler to wait a day (or even several days) to collect their winnings. Before we’re halfway through Rihanna’s...


January 27, 2023
Biometrics Emerge as Consumers’ Favorite Form of Authentication

The traditional password remains the most common authentication method modern consumers use for online transactions. This, as new PYMNTS and Entersekt research in the January “Consumer Authentication Preferences for Online...


January 27, 2023
Global Processing Services Names Ex-Visa Exec Jim McCarthy as Global...

Global Processing Services (GPS) has added two members to its leadership team. The global payments technology platform has appointed former Visa executive Jim McCarthy to the newly created role of...


January 27, 2023
PYMNTS Intelligence: Why Money Mobility in the Insurance Industry Is...

In a climate of economic uncertainty and consumer dissatisfaction, it is crucial that insurance companies understand what customers are looking for from their insurance providers. Companies that fail to meet...


January 27, 2023
Customers Prefer Advanced Authentication Tools, but Many Are Still Stuck...

Most consumers would choose “anything” besides password-driven account authentication, but overwhelmingly still have to use them. Don’t blame them, though. Customers would if they could. The most recent PYMNTS/Entersekt collaboration,...


January 27, 2023
Instacart Says Consumers Don’t Shop Channels, They Shop the Experience

Retailers’ success depends on seamless, intuitive shopping experiences that keep customers engaged. But as a trio of payments executives told PYMNTS in a recent discussion, many retailers aren’t sure they’re...


January 27, 2023
Affirm, NuBank, Upstart Lead 6.4% Surge in FinTech IPO Index

The FinTech IPO Index has enjoyed a rebound so far, despite the usual volatility. Year to date, the group is up 22%, buoyed by the past week’s rallies that saw...


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.