PYMNTS News

New AI System Aims to Detect Financial Fraud Across Corporate Networks
New AI System Aims to Detect Financial Fraud Across Corporate Networks
September 06, 2024  |  Fraud Prevention

Researchers have developed a new artificial intelligence (AI) system to detect accounting fraud within individual companies and across supply chains and industries. Get the Full...

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FDIC Takes Hard Look at ‘For Benefit Of’ Accounts
FDIC Takes Hard Look at ‘For Benefit Of’ Accounts
September 06, 2024  |  Bank Regulation

The ties that bind banks and FinTechs will be more closely watched by the Federal Deposit Insurance Corporation (FDIC), and a formal proposal/rule from the...

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UK Payments Industry Seeks Further Reduction of Fraud-Reimbursement Cap
UK Payments Industry Seeks Further Reduction of Fraud-Reimbursement Cap
September 06, 2024  |  Regulation

The payments industry in the United Kingdom is reportedly advocating for changes to fraud-reimbursement rules that are set to be enacted Oct. 7. Get the...

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Verizon Acquires Frontier for $20 Billion as Connected Economy Evolves
Verizon Acquires Frontier for $20 Billion as Connected Economy Evolves
September 06, 2024  |  Acquisitions

The future of connectivity is the future of commerce, as well as payments and financial services. Get the Full Story Complete the form to unlock...

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Judge Says Shareholders’ Lawsuit Against Coinbase Can Move Forward
Judge Says Shareholders’ Lawsuit Against Coinbase Can Move Forward
September 06, 2024  |  Legal

A proposed class action lawsuit brought against Coinbase by shareholders is reportedly moving forward. Get the Full Story Complete the form to unlock this article and...

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US Sports Gambling Industry Totals $220 Billion Since 2018
US Sports Gambling Industry Totals $220 Billion Since 2018
September 06, 2024  |  Earnings

As the NFL season gets underway, sports betting has reportedly become big business in the United States. Get the Full Story Complete the form to...

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Etsy’s New Search Tools Aim to Elevate Quality Listings and Enhance Seller Success
Etsy’s New Search Tools Aim to Elevate Quality Listings and Enhance Seller Success
September 06, 2024  |  eCommerce

As the digital marketplace grows, Etsy has been enhancing its search and discovery tools to spotlight high-quality listings. With 100 million items available, Etsy focuses...

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The Week in AI: ‘Safe’ Superintelligence, Research Hurdles and Digital ID Badges
The Week in AI: ‘Safe’ Superintelligence, Research Hurdles and Digital ID Badges
September 06, 2024  |  artificial intelligence

In a whirlwind week for AI, OpenAI co-founder Ilya Sutskever’s new venture secured $1 billion for ‘safe’ superintelligence, while AI-driven drug discovery hit roadblocks in...

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Report: Apple Approves WeChat Update, Allows Time for Fee Negotiations
Report: Apple Approves WeChat Update, Allows Time for Fee Negotiations
September 06, 2024  |  Apple

Apple reportedly approved an update to Tencent Holdings’ WeChat app, just in time for the release of the iPhone 16. Get the Full Story Complete...

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