July 18, 2024
AI’s Growing Role in Finance Brings Opportunity and Risk, House...
Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House panel has concluded. The House...
July 18, 2024
This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
Innovation and competition are constantly reshaping the B2B landscape. The pace of transformation has financial institutions (FIs) and corporations increasingly seeking ways to bring their B2B payments processes up to...
July 18, 2024
Physical Cards: The Unexpected Frontier in Digital Security
Dr. Adam Lowe, chief product and innovation officer at CompoSecure, hears it all the time from banking executives when the topic is securing payments: “We cannot introduce friction.” But the...
July 17, 2024
June Auto Sales Reporting Thrown off by CDK Cyberattack
As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the incident, prompting challenge maintaining investor...
July 17, 2024
UK Government Prioritizes Cautious Approach to AI Regulation in New...
The UK’s newly-elected Labour government has announced plans to explore effective regulation of artificial intelligence (AI) models, but has not yet proposed any specific laws. In a speech to open...
July 17, 2024
Cloud Security 101: Treasury Releases Essential Guidelines for FIs
Today’s digital landscape has transformed the operational calculus for financial institutions (FIs) and corporations. And with the news Thursday (July 17) that the U.S. Department of the Treasury and the...
July 17, 2024
Pindrop Raises $100 Million in Battle Against Deepfake Calls
Voice authentication and security firm Pindrop has raised $100 million in debt financing. The funding, announced Wednesday (July 17) and coming from Hercules Capital, allows Pindrop to further develop its...
July 16, 2024
Recent High-Profile Cyber Breaches Highlight Need for Fault-Tolerant Security
What do Rite Aid, Disney, and Squarespace all have in common? The fact that, in just the past few days, they each reported cyber breaches resulting in the theft of...
July 16, 2024
IRS Warns Tax Pros of ‘Barrage’ of Phishing Scams
The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners — a group of state tax...
Digital bill pay, while routine for most consumers, poses challenges such as fraud, friction and limited payment options — particularly in the utilities sector, where consumer trust is low. This edition of the “Money Mobility Tracker®,” a collaboration with Ingo Payments, examines how billers and financial institutions can earn trust among consumers.
There’s no shame in asking for help. Eighty-two percent of merchants experienced a cyber or data breach in the last year, and PYMNTS Intelligence’s latest study of 300 eCommerce executives, “Fraud Management in Online Transactions,” a collaboration with Nuvei, details merchants’ thoughts about fraud prevention, finding that outsourced methods correlate with fewer failed payments.