Search results for "fraud"

April 19, 2024
Banks Leverage FinTech Partnerships to Ride Digital Transformation Wave

The digital transformation of banking continues to reshape how financial institutions (FIs) are meeting the evolving expectations of consumers. And central to this evolution are partnerships, which play a pivotal...


April 19, 2024
Back-to-Basics Data Approach Confronts Increasing Fraud

Whenever there’s economic uncertainty, there’s a corresponding upswing in fraud, said Mangopay Vice President of Product and Data Maciej Pitucha, adding businesses can prepare and be ready. He breaks it...


April 18, 2024
Kraken Acquires TradeStation Crypto to Expand Regulatory Licensing in US

Cryptocurrency exchange Kraken is buying TradeStation Crypto, the digital assets unit of TradeStation Group. With this acquisition, Kraken aims to expand its regulatory licensing in the United States, Seeking Alpha reported Thursday (April 18). “The...


April 18, 2024
Proposed Federal AI Oversight Plan Faces Hurdles, Experts Say

Sen. Mitt Romney’s call for enhanced federal oversight of artificial intelligence (AI) faces hurdles, according to experts, who say the technology’s rapid advancement and wide-ranging applications pose significant challenges to...


April 18, 2024
UnitedHealth Reports Processing Issues at Change Healthcare

Change Healthcare’s troubles are apparently not over. The company, which is owned by UnitedHealth, said Thursday (April 18) it had fixed an issue that had hindered medical claims processing for some...


April 18, 2024
Google’s Restructuring Shows AI’s Impact on Finance Function

Amid a changing business landscape, digital innovation is reshaping the growth calculus for organizations. And with the news Wednesday (April 17) that Google CFO Ruth Porat is restructuring the tech giant’s finance...


April 18, 2024
WorldFirst Launches Cross-Border Payment Solution for B2B Trade

Digital payments platform WorldFirst has debuted a solution to help small businesses speed cross-border payments. WorldTrade, announced Thursday (April 18), is aimed at small and medium-sized enterprises (SMEs) that procure products from suppliers based...


April 18, 2024
Next-Gen Fraud Strategies Use Data to Onboard Customers Safely

Business need to fight fraud with data, says Bryan Lewis, CEO of Intellicheck. He breaks it down in the new PYMNTS eBook, “The Implications of Uncertainty.”   Data breaches and mail theft...


April 17, 2024
Cognizant and FICO to Launch Real-Time Payments Fraud Prevention Solution

Cognizant and FICO plan to launch a cloud-based real-time payments fraud prevention solution designed for North American banks and other payment service providers. The joint offering would leverage both firms’ artificial intelligence...


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.