Search results for "fraud"

August 23, 2024
Businesses Can Navigate Returns Fraud Without Alienating Consumers, Loop CEO...

Returns fraud and policy abuse have surged to unprecedented levels, with U.S. merchants losing an estimated $101 billion in 2023 due to these issues. In an interview with PYMNTS, Hannah...


August 23, 2024
Revolut Business Payment Gateway Integrates With BigCommerce

The Revolut Business Payment Gateway can now be integrated with BigCommerce, Revolut said in a Friday (Aug. 23) post on LinkedIn. The integration will make online businesses’ payment processing smoother...


August 23, 2024
Recovering Revenue: A Merchant’s Guide to Automated Chargeback Management

Chargebacks pose a growing threat to merchant profitability. As payment methods have diversified away from cash, the volume of transaction disputes has grown, exposing the limitations of traditional dispute resolution...


August 23, 2024
Cyber Hygiene: The Constant Defense Against Evolving B2B Threats

Today’s cybersecurity and fraud landscape is increasingly becoming an arms race. For every 12-foot-tall wall that businesses build, fraudsters start to shape an ever-more sophisticated 13-foot ladder. In this tit-for-tat...


August 23, 2024
Game Day Every Day: How AWS Prepares for the Unexpected

Practice makes perfect, as the adage goes, even when you’re practicing failure. That’s a rough approximation of how Amazon Web Services practices operational resilience. Other companies may try and even...


August 22, 2024
Checkbook Expands Payment Operations Amid Shift From Paper Checks

Payments solution provider Checkbook has expanded its payment operations. The company announced this expansion in a Thursday (Aug. 22) news release, saying it marked a milestone in “streamlining check and payment operations for a variety...


August 22, 2024
This Week in B2B Innovation: Riding the Digital Payments Wave

The B2B landscape is undergoing a profound transformation, driven by a confluence of technological advancements, evolving business expectations, and the unrelenting push toward greater efficiency. At the center of this...


August 22, 2024
TD Bank Puts Aside $2.6 Billion for Money Laundering Investigation

Lapses in its anti-money laundering (AML) program continue to cost Toronto-Dominion Bank (TD Bank). The lender announced third-quarter earnings Thursday (Aug. 22) that include a $2.6 billion provision related to a possible investigation into...


August 22, 2024
Velera to Provide Contact Center Services to Civic Federal Credit...

Credit union service organization (CUSO) Velera will provide contact center services and support to Civic Federal Credit Union, a digital-first credit union serving local government employees and their families across...


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.