April 16, 2015
Banorte Taps CA Technologies To Battle Fraud
The largest Mexican-controlled bank has turned to CA Technologies to strengthen its fraud prevention operations. Banco Mercantil del Norte, S.A. (“Banorte”), a division of Grupo Financiero Banorte, S.A.B. de C.V....
April 13, 2015
Artificial Intelligence & Collusion: When Computers Inhibit Competition
Posted by Social Science Research Network Artificial Intelligence & Collusion: When Computers Inhibit Competition Ariel Ezrachi (University of Oxford) & Maurice E. Stucke (University of Tennessee) Abstract: One may find...
April 13, 2015
The Year of Payments – 2015 – One Quarter In
According to the Chinese lunar calendar, 2015 is the Year of the Sheep. Sheep, so says the Chinese astrological calendar, are gentle, calm and cute – animals seen as symbols...
March 27, 2015
On-Demand Delivery Firm DoorDash Grabs $40M
The on-demand economy is getting bigger every day with big players – like Amazon and Google – squaring off against startups trying to be the next Uber. DoorDash, an on-demand...
March 26, 2015
Lendio’s $20.5M Rise To Help SMBs Get Loans
Small-business lending marketplace Lendio has closed a $20.5 million funding round to grow its team and partnerships, the company announced on Tuesday (March 24). The Series C round was led...
March 20, 2015
B2B Investment Tracker, March 13-20
Last week may have been quiet in the B2B investment front, but this week bucked that investment slump. Maybe it was Microsoft CEO Satya Nadella’s fierce declaration of the dawn...
March 18, 2015
Microsoft CEO Declares The Dawn of B2B SaaS
Software-as-a-Service can no longer be ignored in the business community. The expansion of global operations means corporations must do international procurement, meaning digital payments, communications, data analysis and other management...
March 16, 2015
How Forter Is Fighting Cybercrime
A psychologist, a criminologist and a biologist walk in to a cybersecurity firm reads at first like the setup of an extremely conceptual joke. It is not. It is, however,...
March 10, 2015
Cook: Apple Watch Poised To Propel Apple Pay
Apple’s “Spring Forward” event yesterday (March 9) provided more than just a dose of promotional jargon for its new lineup of products like the gold Macbook and Apple Watch. Instead,...
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