February 23, 2023
Plaid Launches Portal to Ease Access to Cybersecurity-Related Information
Plaid is streamlining access to information that is commonly requested during cybersecurity due diligence efforts. The firm has launched a public-facing portal called Security Portal that existing and prospective customers...
February 23, 2023
TransferMate Launches Embedded Solution for Cross-Border Payments
TransferMate has launched an embedded solution that facilitates cross-border payments. The new TransferMate Connect enables banks and financial institutions to integrate with the firm’s global payments infrastructure to build payment...
February 23, 2023
Ant Group Profit Falls 83% After China Tech Crackdown
China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector. The FinTech contributed $145 million to its affiliate Alibaba’s earnings, according to a Thursday (Feb....
February 23, 2023
Jiko and Kyriba Team to Help Companies Invest in T-Bills
Financial solutions firms Kyriba and Jiko say they want to help companies manage their T-bill investments. Under a partnership announced Thursday (Feb. 23), Kyriba’s customers will be able to use financial...
February 23, 2023
Property Management Firms’ Reliance on Checks Means More Late Rent...
“If it ain’t broke, don’t fix it” may not be best business strategy, especially when it comes to something as vital for future growth as payments in the property management...
February 23, 2023
Report: Mysterious ‘Nevada Group’ Launches Mass Ransomware Attack
Hackers dubbed the “Nevada Group” have reportedly launched one of the largest ever ransomware attacks. The goal of the as-yet-unidentified group is to paralyze computer networks of nearly 5,000 victims...
February 23, 2023
Targeted Friction Helps Credit Unions Fight Fraud as Attacks Surge
With the world existing more online than ever, fraud attacks targeting financial institutions (FIs) are a growing threat. Criminals are increasingly succeeding in exploiting the vulnerabilities in FIs’ systems, with...
February 22, 2023
Freedom Bank Implements Visa B2B Connect in Kazakhstan
Freedom Finance Bank Kazakhstan JSC and Visa have partnered to facilitate cross-border payments from the central Asian country. UZ Daily reported Tuesday (Feb. 21) that the bank is deploying the...
February 22, 2023
SEC Stablecoin Actions Take Aim at Crypto Market Backbone
Gary Gensler’s 2023 resolution must have been to reign in the crypto industry. This, as the U.S. Securities and Exchange Commission (SEC) chairman has issued a number of warning shots...
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.