Payroll and payments platform Papaya Global has launched a partnership with verification and compliance solutions provider Sumsub. The collaboration will see Sumsub offer Papaya artificial intelligence (AI)-powered fraud prevention and verification solutions, helping ensure compliant payment transfers for companies and their workers, according to a Wednesday (March 5)...
At least nine states are reportedly considering bills that would require app store operators to verify users’ ages and get parental consent for minors before allowing them to download apps. Over the last two months, legislation has been introduced in Alabama, Alaska, Hawaii, Kentucky, New Mexico,...
FinTech company iCapital plans to enhance its alternative investment marketplace platform for the wealth and asset management industries by acquiring Parallel Markets. The company entered into a definitive agreement under which iCapital will acquire Parallel Markets, which provides “reusable financial identity,” the companies said in...
Stellar Development Foundation is integrating Mastercard’s Crypto Credential solution into its blockchain network. The credential, which helps verify interactions among consumers and businesses using blockchain networks, will be added to the Stellar ecosystem as the exclusive credentialing solution “to enable a range of secure, compliant...
April 17, 2024
It’s imperative for eCommerce merchants serving international markets to be able to complete frictionless cross-border transactions. However, since these merchants must also fend off fraudsters, they must find and employ fraud prevention tools that do not disrupt consumer transactions. When compiling “Fraud Management in Online Transactions,” a collaboration with Nuvei, PYMNTS Intelligence found that 82% of […]
March 14, 2024
Chargebacks have long been a thorny issue for merchants. And as transactions become increasingly digitized, chargebacks have in turn become more prevalent. They not only represent a loss of revenue...
September 26, 2023
As attractive as innovative new technologies appear, it’s important to remember they are just tools. And any tool, when in the wrong hands, can also be used for the wrong...
April 19, 2023
After years of advocacy, open banking is now live in Nigeria, the first country in sub-Saharan Africa to adopt the regulation. The launch marks an important milestone for the country’s...
March 12, 2025
Investment firm Corsair Capital has acquired a majority stake in German identity verification platform IDnow. The company announced the deal last week, and while no dollar amount was given, sources told the news outlet Sifted that Corsair’s investment was worth $295 million. Founded in 2014, IDNow provides identity verification services for companies in a range […]
March 05, 2025
Payroll and payments platform Papaya Global has launched a partnership with verification and compliance solutions provider Sumsub. The collaboration will see Sumsub offer Papaya artificial intelligence (AI)-powered fraud prevention and verification solutions, helping...
February 25, 2025
At least nine states are reportedly considering bills that would require app store operators to verify users’ ages and get parental consent for minors before allowing them to download apps. Over...
January 16, 2025
FinTech company iCapital plans to enhance its alternative investment marketplace platform for the wealth and asset management industries by acquiring Parallel Markets. The company entered into a definitive agreement under...
