July 18, 2023
ConnexPay Expands by Debuting Payments in British Pounds and Euros
ConnexPay has launched British pounds and euros currencies to expand the global presence of its all-in-one platform for B2B payments. This launch serves to benefit European companies, as they are...
July 18, 2023
Doubling of Check Fraud Last Year Makes AP Automation an...
Outdated and inefficient accounts payable (AP) procedures are a critical factor in exposing companies to external risk and internal fraud, leading to significant financial and reputational damage. Dated AP processes...
July 18, 2023
Commercial Cards Give Firms Working Capital Certainty in Uncertain Times
Business interest in alternative financing solutions is rising almost as fast as interest rates are. That’s because with continually fluctuating economic conditions and ongoing operational uncertainty, businesses are seeking innovative...
July 17, 2023
EnKash Launches Small Business Financial Operations Platform
EnKash has launched a 360-degree full-stack payable, receivable and reconciliation platform designed for small and medium-sized businesses (SMBs). The new Olympus platform is a plug-and-play solution that seamlessly interconnects accounting...
July 17, 2023
Bottomline and Pay.UK Team on Fraud Prevention
Payments FinTech Bottomline has teamed with Pay.UK to help companies prevent fraud. The collaboration, announced Monday (July 17), sees Pay.UK — the recognized standards body for the U.K.’s national retail...
July 17, 2023
SEC Chair Gary Gensler Says Agency Developing Rules for AI...
The Securities and Exchange Commission (SEC) will be using current authorities to regulate the use of new artificial intelligence (AI) tools. SEC Chair Gary Gensler said that while outlining challenges...
July 17, 2023
CFPB and European Commission Open Dialogue About Digitization of Finance
As financial services become more digital, consumer advocates on both sides of the Atlantic are taking notice. To that end, Didier Reynders, commissioner for justice and consumer protection of the...
July 17, 2023
FSB Unveils ‘Same Activity Same Risk’ Crypto Rules
Same activity, same risk, same regulation. That’s the guiding principle behind the proposed regulatory framework for cryptocurrency released by the Financial Stability Board (FSB) on Monday (July 17). The framework, the international watchdog...
July 17, 2023
Australia’s NAB Bars Payments to ‘High Risk’ Crypto Exchanges
National Australia Bank is blocking some cryptocurrency payments amid a nationwide wave of crypto scams. The bank (NAB) on Monday (July 17) announced it was introducing new customer protections by prohibiting some payments...
With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
