Search results for "fraud"

December 23, 2022
Former Alameda Research CEO Ellison ‘Truly Sorry’ for Fraud Offenses

Former Alameda Research CEO Caroline Ellison revealed she is remorseful for her crypto fraud actions. A close collaborator with former FTX CEO Sam Bankman-Fried, Ellison revealed in her recently unsealed...


December 23, 2022
FTX Pursuing Judicial Intervention in $440M Robinhood Shares Battle

FTX Group is searching for judicial intervention in its battle to retain its Robinhood shares. The company reached out to a U.S. bankruptcy judge on Thursday (Dec. 22) in an attempt to...


December 23, 2022
Christmas Tree Farm Finds Green in Digital Ordering and Delivery

For most people, a Christmas tree is a bulky, perishable item that is best acquired locally. But for Wes Brown, founder of the D2C site “A Tree To Your Door,”...


December 23, 2022
Crypto Winter Leaves Few Gifts Under the Tree in 2022

In 2022, the cryptocurrency industry fully entered the mainstream — and almost drowned. The industry enjoyed an auspicious start, coming off of a banner 2021 year that saw record valuations,...


December 23, 2022
Automation Helps Minimize Friction In Online Insurance Claims Process

Automation can be the missing link to minimizing friction in the online insurance claims process. In fact, when it comes to making an insurance claim, filling out forms and providing...


December 22, 2022
Sam Bankman-Fried Released on $250M Bond and Electronically Monitored 

Sam Bankman-Fried has been released on a $250 million bond.  During his first court appearance in the United States on Thursday (Dec. 22), the FTX founder and former CEO was...


December 22, 2022
FCA Cautions Holiday Shoppers Against Rise in Loan Fee Scams

The U.K.’s financial regulator has warned consumers to be wary of Christmas scams. With inflation in the double figures, many in the country are turning to credit options to help...


December 22, 2022
Brazilian President Jair Bolsonaro Signs Bill Creating Crypto Payment Regulations

Brazilian President Jair Bolsonaro has signed a bill creating crypto payment regulations. Bolsonaro made no modifications to the bill approved by Congress before signing it into law on Thursday (Dec....


December 22, 2022
FTX Crypto Execs Plead Guilty, Flip on Founder, Look for...

Alameda Research CEO Caroline Ellison is cooperating with authorities in the FTX crypto case. That’s according to a recently unsealed plea agreement showing the 28-year-old hedge funder is admitting her guilt to...


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.