February 14, 2023
Avoiding the Network Effect of B2B Payments Fraud 

B2B networks leveraging the latest technologies are only as strong as their weakest link. As business-to-business (B2B) relationships evolve to become online-first and more companies digitize their operations, fraudsters will...

February 13, 2023
G20 Nations Consider Collaboration To Regulate Crypto

The world’s 20 biggest economies are could come together in an effort to jointly regulate cryptocurrencies, following months of high-profile scams that have shaken confidence in this emerging area. India’s...

February 12, 2023
G20 Nations Consider Collaboration to Regulate Crypto

The world’s 20 biggest economies are considering whether they could jointly regulate cryptocurrencies. India’s Finance Minister Nirmala Sitharaman, whose country is this year’s head of the Group of 20 (G20),...

February 10, 2023
Fed Governor: Banks Must Remain ‘Safe and Sound’ Around Crypto

Banks must approach crypto customers in the same “safe and sound” manner they generally employ. So said Federal Reserve Board Governor Christopher Waller while speaking Friday (Feb. 10) at a Global Interdependence Center conference focused on decentralized...

February 07, 2023
Chainalysis Says It’s Time to Find Out What’s Real in...

The time is ripe for financial institutions to explore what cryptocurrency offerings their customers want. That’s despite 2022’s bear market, Jeff Billingham, director of strategic initiatives at blockchain intelligence platform Chainalysis,...

February 06, 2023
UK Regulator Reports ‘Broad Support’ for Reimbursing APP Fraud Victims

The U.K.’s payments regulator wants banks to reimburse victims of authorized push payment (APP) fraud. In light of a 40% increase in APP fraud in 2021, regulators in the country...

February 06, 2023
SEON Acquires Complytron To Step-Up Money Laundering Fight

U.K. fraud prevention firm SEON has purchased anti-money laundering specialist Complytron. The acquisition, announced in a Monday news release provided to PYMNTS, is designed to create a combined fraud, anti-money...

February 06, 2023
nsKnox Is Preparing for a Wave of ‘Human Hacking’

As cybercriminals become increasingly sophisticated, companies must implement technology to protect payments, Nithai Barzam, COO at nsKnox, writes in the new PYMNTS eBook, “2023 Payments New Year’s Resolutions.” With the...

February 03, 2023
Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable...

 Not knowing who’s on the other side of the transaction is expensive.  As noted here last month, financial institutions (FIs) were fined nearly $5 billion for anti-money laundering (AML) violations, breaches...