Procurement fraud has evolved on the back of digitally sophisticated tactics from an occasional business headache into a full-blown financial and reputational disaster for organizations worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Mastercard has teamed with financial crime prevention company Feedzai to help financial institutions prevent scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Routable has enhanced its accounts payable (AP) automation platform by adding an AI agent that can detect both invoice fraud and human error. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital payment fraud, the need for reliable security systems is crucial. While digital transformation has brought many benefits, outdated payment systems...
Visa’s artificial intelligence (AI) and machine learning capabilities enabled it to block 85% more suspected fraud globally on Cyber Monday compared to a year earlier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Financial Crimes Enforcement Network (FinCEN) has issued Spanish translations of two resources focused on mail theft-related check fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
A British defense/security think tank says the country should pay whistleblowers to prevent fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Socure says it has reached a milestone in its collaborative effort to combat “friendly fraud.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
