January 19, 2023
Authentication Is Necessary to Stop Invoice Fraud
Only 38% of businesses are using document and identity authentication tools, leaving most organizations vulnerable to fraud attacks linked to incoming payments. In this month’s “B2B Payments Fraud Tracker®,” Candler...
January 19, 2023
Report: 2022 Saw 50% Spike in Money Laundering Fines
Penalties for failing to stop financial crimes jumped by more than 50% last year. That’s according to a Thursday (Jan. 19) report by the Financial Times (FT), which says the...
January 18, 2023
Crypto Exchange Bitzlato Founder Charged With Unlicensed Money Transmitting
Cryptocurrency exchange Bitzlato has had assets seized and its founder arrested in the United States. Anatoly Legkodymov, a Russian national who resides in China and is founder and owner of...
January 18, 2023
Crypto Industry Continues Balancing Contagion With Cleanup Post-FTX
Crypto continues battling through a historic shock to its system, while industry lessons accumulate. In just the past two weeks alone, bitcoin (BTC) has risen 30% on the year hitting...
January 18, 2023
News Startup Semafor Looks To Buy Out Bankman-Fried: Report
Media startup Semafor is reportedly seeking to buy out investor Sam Bankman-Fried. The effort, reported Wednesday (Jan. 18) by the New York Times, adds Semafor to a growing list of organizations and...
January 18, 2023
Report: News Startup Semafor Looks to Buy Out Bankman-Fried
Media startup Semafor is reportedly seeking to buy out investor Sam Bankman-Fried. The effort, reported Wednesday (Jan. 18) by the New York Times, adds Semafor to a growing list of organizations and...
January 18, 2023
Coinbase Suspends Business in Japan
Coinbase has put its Japanese operations on hold as the cryptocurrency industry continues to struggle. “Due to market conditions, our company has made the difficult decision to halt operations in...
January 18, 2023
Bank Account Validation Boosts B2B Payments Security, Protects Against ‘Bad...
“It’s always a cat and mouse game between the fraudsters and the ones that are trying to stop them,” nsKnox Chief Operating Officer Nithai Barzam told PYMNTS. The conversation with...
January 18, 2023
B2B Payments Fraud – January 2023
