Search results for "fraud"

September 03, 2024
Check-In Time: Hospitality Welcomes Real-Time Payments

After the devastating downturn brought on by the pandemic, the global travel, tourism and hospitality industries are poised for remarkable growth this year. In fact, international arrivals are projected to...


September 03, 2024
Finexio CEO: Security Offers Competitive Edge in Payments Landscape

Staying ahead in fraud prevention is a competitive advantage for today’s businesses, Finexio CEO Ernest Rolfson writes in a new PYMNTS eBook, “Beyond the Horizon: How to Identify Unexpected Threats...


September 02, 2024
CrowdStrike Faces ‘Daunting’ Legal Battles Beyond Potential Delta Suit

CrowdStrike faces numerous legal challenges from the glitch that caused a global tech outage. While the potential $500 million suit from Delta Air Lines is the most high-profile of these...


September 02, 2024
AWS and Mastercard Lead Industry Coalition to Fight Economic Crime

The Centre for Finance, Innovation and Technology (CFIT) has formed an anti-financial crime group. The U.K.-based group announced the effort Monday (Sept. 2), noting it had recruited several tech and...


September 02, 2024
Nigeria’s Tingo CEO Fined $250 Million Over ‘Fabricated’ FinTechs

A federal court has fined Nigerian businessman Dozy Mmobuosi $250 million following a fraud investigation. The court order — issued last week and the subject of a report Sunday (Sept....


September 02, 2024
They Said That: Notable Quotables From the Last Week of...

Cue the Beach Boys and Jimmy Buffett. It’s the last week of summer, and while a lot of the banking and payments world was on vacation, we were busy covering...


August 30, 2024
Automating Accounts Payable for Cost Savings

Accounts payable (AP) departments are due for an upgrade. Burdened by cumbersome paper-based systems and incompatible technology stacks in the face of rising business-to-business (B2B) payment volumes, outdated AP processes...


August 30, 2024
25% of Small Healthcare Provider Payments Arrive Late, Data Shows

The healthcare sector, often burdened by slow and cumbersome payment processes, is undergoing a transformation aimed at alleviating financial strains. With a high volume of transactions and intricate billing systems,...


August 30, 2024
Regulatory Change Tops List of Payments Unexpected Threats

The rise of technology requires a careful balance between innovation and risk management, i2c Chief Client Officer Serena Smith writes in a new PYMNTS eBook, “Beyond the Horizon: How to...


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.