Search results for "fraud"

December 06, 2022
NMI Buys Agreement Express for Merchant Onboarding

Payments platform NMI has acquired the payment solutions of onboarding software provider Agreement Express. According to a Tuesday (Dec. 6) news release, the purchase includes the onboarding, underwriting and risk...


December 06, 2022
AvidXchange Debuts Invoice-to-Pay API for QuickBooks Online 

AvidXchange has released an invoice-to-pay application programming interface (API) integration with Intuit QuickBooks Online.  With this new solution, QuickBooks Online users can add an accounts payable (AP) and payment solution that is fully...


December 06, 2022
Secret Service: Chinese Hackers Swiped $20M in COVID Relief Funds

Federal authorities say Chinese hackers have stolen $20 million in COVID relief money since 2020. The U.S. Secret Service has identified the group behind the theft as a hacking team...


December 06, 2022
Goldman Investing in Crypto Firms in Wake of FTX Crisis

Goldman Sachs is looking to buy cryptocurrency companies as the sector reels from FTX’s collapse The fall of that crypto exchange last month has underlined the need for more trusted...


December 06, 2022
Payments Orchestration Helps Smaller Merchants Compete With eCommerce Giants

Small- to medium-sized businesses (SMBs) can finally remove persistent payment pinch points that have long favored the online juggernauts. While superior service has always been a hallmark advantage of small...


December 06, 2022
Why Startups Need Consolidation and Profitability to Win Back Investors

Venture capital funding has dwindled significantly following a banner year in the tech investment space. According to Thomas Cuvelier, partner at Paris-based venture investment firm Alven, the bulk of the blame lies...


December 05, 2022
Maxine Waters Says Bankman-Fried Must Testify Next Week

The chair of the US House of Representatives Financial Services Committee demanded on Monday that Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX, testify before Congress...


December 05, 2022
Panini Debuts ID Verification Tool BioCred

Fraud prevention company Panini has debuted BioCred, its identity verification product. Unveiled Monday (Dec. 5) at the Future Branches conference in Austin, BioCred is designed to reduce fraud and improve...


December 05, 2022
FTX Collapse Has Historical Parallels; Will We Learn From Them?

By Pymnts As details emerge surrounding the collapse of crypto trading firm FTX, investors should believe them. In much the same way as Shakespeare’s famous adage states that “a rose...


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.