Search results for "fraud"

December 19, 2022
Fortnite Game Creator to Pay $520M for Violating FTC Rules 

Fortnite game creator Epic Games will pay $520 million for violating two FTC rules.  The Federal Trade Commission (FTC) said in a Monday (Dec. 19) press release that the video...


December 19, 2022
FTX United States Extradition Remains Unresolved, Bankman-Fried Still Imprisoned

The FTX United States extradition situation has hit an unexpected snag. Sam Bankman-Fried (SBF), the one-time multibillionaire and disgraced FTX founder, appeared Monday morning (Dec. 19) before an emergency hearing of the Bahamas...


December 19, 2022
FTX United States Extradition Remains Unresolved With Bankman-Fried Still Imprisoned

The FTX United States extradition situation has hit an unexpected snag. Sam Bankman-Fried (SBF), the one-time multibillionaire and disgraced FTX founder, appeared Monday morning (Dec. 19) before an emergency hearing...


December 19, 2022
Defendant Blames ‘Blind Loyalty’ to CEO in Wirecard Scandal Trial

A defendant and key witness in the Wirecard scandal trial has admitted guilt. Oliver Bellenhaus, the former head of Wirecard’s Dubai office and one of three defendants in one of...


December 19, 2022
Crypto Currency Gets Central Bank Makeover as Nations Pilot CBDCs

The crypto currency market is increasingly inspiring sovereign central banks to mint national digital fiat. “Digital assets are not on trial. Fraud and organizations are on trial,” said U.S. Sen....


December 19, 2022
Binance Crypto Token BNB Drops Due to Investor Concerns

Investor concerns have reportedly contributed to Binance’s crypto token dropping 6% in the last day. BNB, which is Binance’s native token, has also fallen 15% over the last week and...


December 19, 2022
SMBs See Less Clicks and More Sales With Payments Orchestration

The right payment infrastructure can mean the difference between one less click on the way to checkout and therefore one more sale, says Volusion CEO Troy Pike in this month’s...


December 19, 2022
Intelligent Tech Balances Customer Convenience With Identity Theft

Identity theft and other types of fraud will become even more widespread in 2023. That’s according to the latest report released by the Identity Theft Resource Center (ITRC), which predicts...


December 18, 2022
FTX Collapse Has Fans Rethinking Investing in Cryptocurrency

The demise of FTX has some one-time proponents rethinking investing in cryptocurrency. To be clear, it’s not just the collapse of FTX and the resulting federal investigation that has turned...


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.