Search results for "fraud"

August 28, 2024
Partnerships Help Firms Capitalize on Positive Trends Amid Uncertainty

FinTech partnerships can help financial institutions thrive, Boost Payment Solutions founder and CEO Dean M. Leavitt writes in a new PYMNTS eBook, “Beyond the Horizon: How to Identify Unexpected Threats...


August 27, 2024
IBM Joins AI Chip Race with Mainframe-Focused Processor

IBM has unveiled an upgraded computer chip that could give its customers an AI boost, potentially reshaping how some industries handle data-intensive tasks. For big businesses still relying on IBM’s...


August 27, 2024
Galileo Adds Mastercard Smart Data to Expense Reporting Solutions

Galileo Financial Technologies now enables its FinTech clients to connect their business customers to Mastercard’s expense reporting and analytics suite, Mastercard Smart Data. The offering allows businesses to better manage...


August 27, 2024
AWS Says Technology Helps Firms Meet Changing Data Localization Regulations

Technology can help banks and payment companies stay in conformance with local data regulations, AWS Head of Payments Mark Smith writes in a new PYMNTS eBook, “Beyond the Horizon: How...


August 27, 2024
Retailers Tackle the High Cost of Returns by Incentivizing People...

Retailers are facing mounting pressure from the costs associated with returns, but they are also discovering ways to turn this challenge into an opportunity for growth, Catherine Dummitt, VP of...


August 26, 2024
Nigeria Targets Online Scams Following Meta Crackdown

Nigeria is reportedly eager to combat online extortion scams following a crackdown by Meta. The country’s Economic and Financial Crimes Commission is willing to work with global law enforcement to...


August 26, 2024
Galileo: Banks Need to Predict Customer Experience to Combat Fraud

Forget everything you knew about fraud and fraudsters. Financial institutions must grapple with the dual challenge of countering increasingly sophisticated fraud attacks as fraudsters harness artificial intelligence and machine learning...


August 25, 2024
Telegram Founder Arrested in France in Cybercrime Probe

 Telegram’s founder has reportedly been arrested in France as part of a cybersecurity investigation. Pavel Durov, the Russian-born billionaire behind the popular messaging app, was detained at Le Bourget airport...


August 25, 2024
Visa Reportedly Weighing $925 Million Featurespace Acquisition

 Visa is reportedly considering a multimillion-dollar bid for fraud-prevention firm Featurespace. The payments giant is in advanced talks about a possible sale, Sky News reported Saturday (Aug. 24), citing unnamed...


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.