November 14, 2023
Connatix CFO: Collaboration and Trust Are Redefining B2B Payments Innovation
Lately, it seems each new day brings another advancement in the payments world. And increasingly, those exciting advances and innovations are impacting the world of business-to-business (B2B) payments. “There’s been...
November 13, 2023
McLaren Health Care Reports Data Breach Affecting 2.2 Million Patients
McLaren Health Care, a healthcare provider based in Michigan, has reported a data breach that compromised the personal and health information of about 2.2 million patients. The hackers accessed a...
November 13, 2023
NRF Releases Principles for AI Use in Retail Sector
The National Retail Federation (NRF) has released its Principles for the Use of Artificial Intelligence in the Retail Sector, providing a framework for retailers to govern and strategically plan their use of artificial...
November 13, 2023
Digital Identity Becomes New Currency as Companies Turn IDs into...
As the payments ecosystem continues to evolve, it is missing just one key element. That element? A single source of truth in the form of a dynamic digital identity that...
November 13, 2023
Hackers Claim ICBC Paid to End Ransomware Attack
A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. The bank, which is China’s largest lender, disconnected itself from an electronic...
November 13, 2023
BNPL and Financial Education Unlock Opportunities for Credit-Insecure Consumers
While credit rules may vary in other countries, in the United States, having a good credit score is the passport to securing a mortgage, a car loan, or student loan....
November 13, 2023
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. The stolen tether funds were converted to ether before being transferred to other exchanges and bridges to bitcoin...
November 13, 2023
Zelle Network Banks Begin Reimbursing Imposter Scam Victims
Banks that use payment app Zelle have reportedly started refunding customers victimized in imposter scams. According to a Monday (Nov. 13) report by Reuters, Zelle operator Early Warning Services (EWS) says the 2,100 firms...
November 13, 2023
Sezzle CEO Says Real-Time Business Payments Improve Velocity of Money...
The pain of using checks in B2B transactions is now starkly apparent. Sezzle CEO Charlie Youakim told Karen Webster that buyers and suppliers are actively looking to replace the paper...
Most eCommerce merchants miss a crucial piece of the security puzzle: Just 33% use screening mechanisms that can identify potential fraud as the cause of failed payments. PYMNTS Intelligence’s latest study, “The Role of Fraud Screening in Minimizing Failed Payments,” a collaboration with Nuvei, draws on insights from 300 executives about the efficacy of eCommerce screening mechanisms.