Search results for "fraud"

December 14, 2022
Remy: Regulate (FTX Parody)

By: Remy (ReasonTV) “Mortgaged his house, researched the rate Checked out the CEO, nothing seemed out of place But when he checked one morning, the value was gone We should...


December 14, 2022
Burned Bored Ape NFT Holders File Suits Against Celebrity Backers

Scorched investors are suing celebrity backers of Bored Ape NFT tokens, claiming they were misled. The recent crypto cool down has left a slew of retail investors angry and feeling...


December 14, 2022
Repayment of PPP Business Loans Threatens Struggling Main Street SMBs

For Main Street SMBs, PPP business loans were once lifelines but now could become anchors. This, as the loans that were offered as federal aid during the pandemic are emerging...


December 14, 2022
Online Merchandise Return Rate Expected to Drop in 2022

Consumers are expected to return less of the merchandise they purchase online this year. The online merchandise return rate is expected to drop from 20.8% in 2021 to 16.5% in...


December 14, 2022
FTX Crypto Founder Sam Bankman-Fried Denied Bail

The former billionaire founder of the failed FTX crypto exchange has been denied bail.   As a result, Sam Bankman-Fried will spend the holidays in a Bahamian jail cell, rather than...


December 14, 2022
Information Sharing Helps Banks Fight Consumer Identity Fraud

Increasing online fraud threatens businesses and consumers, and both are aware of the growing problem. Fraudsters use leaked credentials in 95% of credential-stuffing attacks on retail websites. Automated threats are...


December 13, 2022
FTX Crypto Founder Denied Bail, Will Spend Holidays in Bahamian...

The former billionaire founder of the failed FTX crypto exchange has been denied bail.   As a result, Sam Bankman-Fried will spend the holidays in a Bahamian jail cell, rather than...


December 13, 2022
Technology in Restaurants Invoicing Unlocks Key Margin-Boosting Data

Amid ongoing economic challenges, technology in restaurants’ line-item invoice data can help improve buying decisions. This, according to restaurant management software company MarginEdge, which automates invoice processing and announced a...


December 13, 2022
Key Takeaways From House Hearing on FTX Crypto Collapse

Hearings into the FTX crypto collapse kicked off without input from now-jailed founder Sam Bankman-Fried. As reported by PYMNTS, the failed FTX founder faces eight interrelated criminal counts levied against...


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.