Fraud Prevention

Onfido Debuts Facial Biometric Tech That Verifies ID in Seconds

Onfido Debuts Facial Biometric Tech That Verifies ID in Seconds
Onfido Debuts Facial Biometric Tech That Verifies ID in Seconds
September 21, 2022  |  Authentication

Next-generation facial biometric technology has the ability to speed up verification, detecting a real person in seconds. Get the Full Story Complete the form to...

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Galileo, DataVisor Debut Payments Risk Mitigation Platform
Galileo, DataVisor Debut Payments Risk Mitigation Platform
September 20, 2022  |  Fraud Prevention

Galileo Financial Technologies has expanded its Galileo Payment Risk Platform with a partnership with DataVisor, which works in fraud and risk management, to offer more...

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DOJ Seeks to Double Jail Time for Money Transmission Crimes
DOJ Seeks to Double Jail Time for Money Transmission Crimes
September 20, 2022  |  Legal & Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Treasury Department Seeks Public Comment on Crypto Risks
Treasury Department Seeks Public Comment on Crypto Risks
September 19, 2022  |  Cryptocurrency

The U.S. Department of Treasury is asking for public comment on any risks that digital assets pose in terms of illicit finance and national security. ...

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Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Cybersecurity

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

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Finland’s Findynet Paves Way for Pan-EU Interoperability
Finland’s Findynet Paves Way for Pan-EU Interoperability
September 12, 2022  |  Cybersecurity

The Nordic countries have been spearheading digital payment innovation for decades and the adoption of electronic identity (eID) documents is no different. However, ensuring the...

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FinTechs Say Traditional Payment Rails Don’t Meet SMB Owners’ Needs
FinTechs Say Traditional Payment Rails Don’t Meet SMB Owners’ Needs
September 09, 2022  |  Disbursements

Digital payments have become table stakes in the United States and worldwide. More than $6.6 trillion in digital payments changed hands last year, a 40%...

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EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
September 08, 2022  |  Europe

Today in Europe, the Middle East and Africa, the online car seller Cazoo announced that it would wind down its business in mainland Europe and...

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