Search results for "fraud"

December 05, 2022
Crypto Firms Put New Oversights in Place After FTX’s Downfall

Cryptocurrency companies are establishing verification measures to reassure customers following the FTX implosion. Companies such as Binance and Crypto.com have hired outside auditors to provide proof of asset reports, which...


December 05, 2022
European Commission Says MiCA Oversight Would Have Prevented FTX Collapse

An EU official has said that the MiCA regime would have prevented FTX’s failures. Speaking at a hearing of the European Parliament’s Committee on Monetary Affairs on Wednesday (Nov. 30), Alexandra Jour-Schroeder, the deputy...


December 05, 2022
India to Regulate All Real-Money Online Games

India’s proposed online gaming regulations will apply to all games involving real money. That’s according to a report Sunday (Dec. 4) from Reuters, which says this planned regulation comes after...


December 05, 2022
Alloy CFO: Know-Your-Business Focus Aligns Banks and FinTechs in 2023

2022 was a year filled with crypto meltdowns, international sanctions, synthetic IDs and fraud attacks. But Kiran Hebbar, CFO at Alloy, told PYMNTs that 2023 will be the year where...


December 05, 2022
19 Payments Execs Say Payments Next Three Years Is Embedded...

Looking back on 2022 is a lesson in expecting the unexpected. COVID-19 concerns and supply chain shortages were unceremoniously pushed aside by sky-high inflation and a different kind of crisis:...


December 05, 2022
What’s Top of Mind for FinTechs? Getting Profitable, Says Payments...

With the new year comes new expectations for FinTech firms. The hype cycle of 2021 has resolved — dissolved might be the better word — in the face of falling FinTech valuations,...


December 05, 2022
Cloud-Based Innovations Offer Retailers Cheaper Path to Cutting Edge

In a year filled with belt-tightening and challenges, retailers are tapping cheaper cloud-based tech solutions. From the ongoing Ukraine crisis and supply chain issues to an energy crisis and decreased...


December 04, 2022
India to Regulate All Real-Money Online Games

India’s proposed online gaming regulations will apply to all games involving real money. That’s according to a report Sunday (Dec. 4) from Reuters, which says this planned regulation comes after...


December 02, 2022
Stripe Launches Fiat-to-Crypto Widget for Web3 Developers 

Payments processor Stripe now offers a widget that provides a fiat-to-crypto onramp.  When the new customizable widget is embedded into a decentralized exchange (DEX), non-fungible token (NFT) platform, wallet or decentralized application...


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.