November 20, 2024
TreviPay Adds Automated Buyer Onboarding to Order-to-Cash Offering
TreviPay added automated buyer onboarding to its order-to-cash (O2C) offering. With the new feature, business buyers using TreviPay’s Risk Management Platform can apply for trade credit through a dynamic self-serve...
November 20, 2024
Mastercard and Worldpay Launch Virtual Cards for Travel Agents
Worldpay has teamed with Mastercard to provide virtual cards for travel agents. The new offering is aimed at alleviating what Worldpay says is a persistent problem, per a Wednesday (Nov. 20) news release. “Travel agents...
November 20, 2024
BioCatch Unveils ‘Behavior-Based’ Financial Crime Intelligence Network
Fraud prevention firm BioCatch launched what it called “the world’s first interbank, behavior-based, financial crime intelligence-sharing network.” The BioCatch Trust Network is designed to protect the company’s banking customers against...
November 20, 2024
Velera to Provide Debit Card Processing to Mississippi-Based Keesler Federal
Credit union service organization (CUSO) Velera will provide debit card processing and support to Mississippi-based Keesler Federal Credit Union, which serves 327,000 members in the Southeast. This marks an expansion...
November 20, 2024
ValidiFI and PDI Team to Streamline Pay-by-Bank Enrollment
Payment intelligence provider ValidiFI has teamed with fuel/convenience retail tech company PDI Technologies. The collaboration, announced Wednesday (Nov. 20), will see ValidiFI provide real-time bank account validation for the consumer...
November 20, 2024
Founder Interview: Behavioral Analytics Makes the ROI Case for Banks’...
The fraudsters come in droves, inundating would-be victims across all manner of attack vectors, from phishing scams to bots. And in the process there’s a significant amount of information being...
November 20, 2024
Discover Global Network: Future Payment Strategy Should Be Digital and...
When it comes to the economy, some things are not up for discussion. Everyone is spending more on housing, on transportation, food and shelter. And the consumer who wants to...
November 20, 2024
For Retailers, Data Simplicity Is All About the SKU
In a landscape where data fuels decisions and insights drive growth, simplicity has taken center stage. “Data is the key to driving simplicity,” Banyan Chief Product Officer Vish Shastry told...
November 19, 2024
Financial Institutions Face Surge in Check Fraud
Banks, credit unions and brokerages are reportedly racing to keep up with a surge in check fraud as tips for committing the crime are being shared on social media platforms....
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.
The fight is on. Fraudsters are using more sophisticated tech to scam consumers, but FIs are countering these attacks with their own advanced tools. Will it be enough, though? This year’s edition of “The State of Fraud and Financial Crime in the U.S.” from PYMNTS Intelligence details the dynamic fraud prevention environment. Read it now.