Search results for "fraud"

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
Incoming Payments Fraud Costs Companies Millions Every Year

Fraud is both costly and common. In the last two years, 52% of companies with at least $10 billion in revenue experienced some sort of fraud, according to a 2022...


January 18, 2023
BetMGM Wagers That Mastercard Send Fast Payouts Is a Winner

Players using online betting platforms want winnings now, and digital innovation is enabling it. Another way of looking at it is that online sports betting makes consumers happiest when the...


January 17, 2023
Bitcoin Rallies to Pre-FTX Levels as Exchange’s Creditors Find Billions

Bitcoin broke $21,000 for the first time this year, and FTX’s management uncovered more assets. This, as the group of affiliated FTX Debtors announce they’ve identified $5.5 billion in liquid...


January 17, 2023
New Year, New Tech Solutions for Cross-Border B2B Friction Fighting

As businesses look to expand abroad, digital modernization can stop bad history from repeating itself. Aging tech infrastructure and outdated software can hamstring critical business operations and lead to customer...


January 17, 2023
AU10TIX Appoints Tech Industry Veteran Dan Yerushalmi as CEO 

AU10TIX has appointed tech and security industry veteran Dan Yerushalmi as its new CEO. The Israel-based provider of automated identity verification and identity management solutions said in a Tuesday (Jan....


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.