March 24, 2017
Compliance As Competitive Advantage
As financial services fraud grows ever more sophisticated, tracking the bad guys must be top of mind across the organization and all levels and departments within the organization. Cheryl Gurz,...
March 23, 2017
CO-OP Financial Enlists AI In Fraud Fight
CO-OP Financial Services announced it will now bring artificial intelligence (AI) to the table when it comes to combatting fraud. The company said it will rollout a machine learning-based risk...
March 22, 2017
Coupa Software Hit By Major W-2 Form Phishing Fraud
Earlier this month, Coupa Software fell victim to a data breach that exposed the IRS W-2 payroll forms of its employees. According to SiliconBeat, a fraudster impersonated Coupa’s CEO and...
March 16, 2017
Ride-Hailing App Grab Opening Two New R&D Centers
Grab, the ride-hailing app that is a direct competitor to Uber in Southeast Asia, announced it is opening two new research and development centers and is gearing up to hire...
March 15, 2017
Study Shows Retailers Hesitating at The IoT Starting Line
The Internet of Things (IoT) is well beyond its initial start line. When it comes to the question of whether or not businesses should incorporate IoT aspects to help both...
March 15, 2017
Xero Introduces Machine Learning Into Accounting Platform
SME accounting firm Xero is integrating machine learning technology into its solution, the company announced this week. Reports Tuesday (March 14) said Xero is deploying a machine learning automation system that...
March 14, 2017
Boomerang Commerce Enables Smarter Pricing
While the retail technology space has boomed just as quickly as commerce moved online, some sectors still relied on older management systems and tactics well after others had upgraded. “In...
March 14, 2017
AML’s Silver Bullet
As banks and payments companies endeavor to meet anti-money laundering (AML) regulations to avoid hefty fines for non-compliance, easily identifying customers in the digital channel becomes paramount to their success....
March 14, 2017
Teaching Chatbots To Speak The Language Of Consumers
Although Eno is a new way for Cap One and its customers to communicate, Ken Dodelin, VP of digital product development at Capital One, says that it’s really not all...
With more than two-thirds of CFOs citing payment delays as a problem for their firms in the last six months, nine in 10 companies wish to expand their investment in AR automation to accelerate order processing, reduce invoicing errors and expedite payments. In the “Working Capital Tracker®,” a collaboration with Billtrust, PYMNTS Intelligence explains why the demand for AR automation is growing and what’s at stake for companies that opt out of this trend.
Although authorized party fraud accounts for only 37% of FIs’ fraud losses in dollars, these types of attacks are the most likely to impact customer satisfaction and retention — something FIs cannot overlook. PYMNTS Intelligence’s latest 29-page report, “Leveraging AI and ML to Thwart Scammers,” a collaboration with Hawk, contains 8 charts of proprietary data examining the role of ML and AI to help keep fraudsters from getting the upper hand