May 01, 2023
Crypto Gears Up for Regulatory War While Congress Preps Bill
There is currently a “war” underway between U.S. policymakers and the cryptocurrency industry. That’s according to Blockchain Association CEO Kristin Smith, who said at a conference Friday (April 28) that...
May 01, 2023
UK Cuts Tech Firms Slack on Online Content Fraud
The U.K.’s new anti-fraud strategy reportedly places less burden on tech companies. As the Financial Times reported Monday (May 1), the British government is set to unveil the strategy as early as...
May 01, 2023
China Proposes Draft Measures to Regulate Generative AI
By: By Yan Luo, Xuezi Dan, Vicky Liu & Nicholas Shepherd (Covington Inside Tech Media) On April 11, 2023, the Cyberspace Administration of China (“CAC”) released draft Administrative Measures for Generative Artificial Intelligence Services (《生成式人工智能服务管理办法(征求意见稿)》) (“draft Measures”)...
May 01, 2023
An Insider Details the Best Protections Against Push Payment Fraud
Faster payments have brought significant benefits for consumers, but they also bring the risk of push payment fraud, something that Lee Kyriacou, vice president of real-time payments at The Clearing...
May 01, 2023
Chase Powers New Rewards for Amazon Prime Visa Cardholders
Chase and Amazon have introduced new rewards and cash back opportunities for Amazon Visa cardholders. The credit cards debuted Monday (May 1) with new names — “Prime Visa” and “Amazon Visa” — along with updated...
May 01, 2023
Credit Unions Keep Open Dialogue With Lawmakers in Wake of...
The suddenness of the Silicon Valley Bank collapse shocked the venture capital and technology communities. When the bank’s massive investment losses caused a significant swath of depositors to withdraw their...
May 01, 2023
Commercial Cards Become Important CFO Cash Management Tool
PYMNTS asked business leaders for their take on how to plan for the rest of 2023, and what they are telling their teams to focus on. Seth Goodman, chief revenue...
April 28, 2023
FinTechs See Opportunity to Teach Credit Marginalized Consumers Financial Literacy
Personalized assistance could help the credit marginalized from slipping further behind. Having good credit is a near necessity for U.S. consumers. Maintaining a good score matters in facets of daily...
April 28, 2023
26% of Consumers Want All Disbursements to be Instant
We’ve all gotten used to speed, to getting what we want on demand, through digital channels. In research done in collaboration between PYMNTS and Ingo Money, and as detailed in...
Most eCommerce merchants miss a crucial piece of the security puzzle: Just 33% use screening mechanisms that can identify potential fraud as the cause of failed payments. PYMNTS Intelligence’s latest study, “The Role of Fraud Screening in Minimizing Failed Payments,” a collaboration with Nuvei, draws on insights from 300 executives about the efficacy of eCommerce screening mechanisms.