risk management

Finverity Raises $5 Million to Expand Supply Chain Finance Technology
Finverity Raises $5 Million to Expand Supply Chain Finance Technology
March 31, 2023  |  B2B Payments

Finverity has raised $5 million to expand its trade and supply chain finance technology. The United Kingdom-based firm will use the new funding to increase its...

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Vendor Concentration Risks Draw Greater Scrutiny Post SVB
Vendor Concentration Risks Draw Greater Scrutiny Post SVB
March 22, 2023  |  Security & Fraud

Living in the past holds organizations back. But as the B2B payments landscape continues to be transformed by ongoing digitization, some enterprises are themselves holding...

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Supply Chain Weak Links Pose Incoming Payments Fraud Risks for CFOs
Supply Chain Weak Links Pose Incoming Payments Fraud Risks for CFOs
March 06, 2023  |  B2B Payments

Hackers and fraudsters constantly probe their would-be victims for weaknesses. And when it comes to B2B fraud — where the payoff can be in the...

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OpenEyes Raises $18M for Commercial Auto Insurance Solution
OpenEyes Raises $18M for Commercial Auto Insurance Solution
February 15, 2023  |  Insurance

InsurTech OpenEyes has emerged from stealth with an $18 million Series A round. This brings to $23 million the amount the firm has raised for...

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The Payments Strategies Digital Economy Startups Need to Go Global
The Payments Strategies Digital Economy Startups Need to Go Global
February 14, 2023  |  Banking

Digital platforms and eCommerce marketplaces that operate worldwide face a host of challenges: managing payments to vendors, suppliers and freelancers; avoiding noncompliance worldwide; and dealing...

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G20 Nations Consider Collaboration to Regulate Crypto
G20 Nations Consider Collaboration to Regulate Crypto
February 12, 2023  |  Cryptocurrency

The world’s 20 biggest economies are considering whether they could jointly regulate cryptocurrencies. India’s Finance Minister Nirmala Sitharaman, whose country is this year’s head of...

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85% of CFOs Are Prioritizing Fraud Controls for Incoming Payments
85% of CFOs Are Prioritizing Fraud Controls for Incoming Payments
January 20, 2023  |  Security & Fraud

New PYMNTS data shows that businesses’ accounts receivable operations have been underfunded for fraud prevention. Compared to their accounts payable counterparts, the investment deficit has...

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FTX Court Filings Highlight Key Crypto Industry Risk Management Lessons
FTX Court Filings Highlight Key Crypto Industry Risk Management Lessons
January 09, 2023  |  Cryptocurrency

The FTX collapse provides a master class in caveat-emptor crypto industry risk management and accounting failures. This, as court documents confirm that the world’s one-time...

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Old-Fashioned Audits Play New Role in Fight Against Business Payments Fraud
Old-Fashioned Audits Play New Role in Fight Against Business Payments Fraud
December 21, 2022  |  Risk Management

Fighting B2B payments fraud starts with acknowledging that financial risk management starts from within. A continuous audit and data validation has been shown to be...

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