Search results for "fraud"

August 16, 2023
Juniper Payments: FedNow Can Spur Credit Unions to ‘Reimagine’ Financial...

Only a few weeks after launching in July, the FedNow Service promises to help transform payments, commerce and banking. But as Dr. Jorge Jimenez, president of Juniper Payments, a PSCU company, told PYMNTS in an interview,...


August 15, 2023
Sam Bankman-Fried Attorneys Protested Lack of Internet Access in Jail

Before FTX founder Sam Bankman-Fried was sent to jail, his attorneys reportedly argued that he would have difficulty accessing evidence and materials for his trial without internet access. The attorneys...


August 15, 2023
A Crypto Crime Chronicled: Prosecutors Lay Out Case Against Bankman-Fried

Facing consequences is something relatively new for alleged cryptocurrency criminal Sam Bankman-Fried. But the FTX co-founder is currently caught up in a legal battle that could see him spend the rest...


August 15, 2023
Banks Need Data Providers to Grapple With the Changes in...

Charles Zhu, vice president of product at Enigma, said “know your business” (KYB) mandates can be onerous on financial institutions (FIs) building an in-house compliance process.  But for forward-thinking FIs,...


August 14, 2023
FTX Founder Charged With Using Customer Funds for Political Contributions

FTX founder Sam Bankman-Fried has been charged with using stolen customer funds to make more than $100 million in political campaign contributions. This allegation is included in a new indictment...


August 14, 2023
Amazon Takes More ‘Fake Review Brokers’ to Court

Amazon has filed suit against two services it accuses of churning out bogus product reviews. “Fake reviews are primarily being driven by the emergence of an illicit ‘fake review broker’ industry,”...


August 14, 2023
Genesis Bidco Aims to Acquire Fraud Prevention Firm Glantus

Basware subsidiary Genesis Bidco Limited has announced its intention to purchase the entire share capital of Glantus Holdings PLC, a provider of specialist audit recovery and fraud prevention software. In response, the...


August 14, 2023
The Trade-Off With That Free, Unexpected Package You Received —...

Have you received an unexpected package lately? It might be from Amazon, Home Depot, or any other retailer you can think of. While receiving an unsolicited package might seem like...


August 14, 2023
Dynamic Routing Boosts Merchant Conversion Rates and Customer Loyalty

Andy McHale, senior director of product and market strategy at Spreedly, told PYMNTS in an interview that in the age of digital commerce, dynamic routing can be key to customers’ loyalty...


The Path to FinTech Profitability Must Be Fraud-Proof

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.

Improving Financial Performance: Challenges Driving Spend Management System Adoption
Spend Management Headaches Push SaaS Firms to Automated Systems A new PYMNTS’ survey of 225 SaaS firm executives for the “Improving Financial Performance: Challenges Driving Spend Management System Adoption” report, an Airbase collaboration,  showed that accessing real-time data is so challenging when managing non-payroll spend that 76% said they’d pay for a system to help.