While dealing with fraud has always been a cost of doing business for merchants, the digital age has changed the game in terms of fighting...
As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be “vigilant...
Banks’ digitization journeys have been a rocky road, to say the least. The spark of FinTech innovation in recent history has set off a catalyst...
This past year has been difficult for Chinese banks, and the country’s central bank, People’s Bank Of China, said that about 13 percent of the...
Consumers lost some $430 billion to fraudsters via online platforms in the past two years, and that figure shows no sign of declining. Get the...
The Asian Development Bank‘s estimation of a $1.5 trillion gap in available trade finance is both concerning (particularly to small and medium-sized businesses [SMBs] struggling...
When it comes to B2B payments’ late payment problem, the root of the matter can often be traced to a lack of negotiating power between...
Regulatory pressures and market forces are pushing the world’s financial institutions (FIs) to ramp up their anti-money laundering (AML) strategies. As this month’s PYMNTS Digital...
When Pitney Bowes, a major logistics service provider, revealed that it had fallen victim to a ransomware attack, it was only the latest case revealing...