The stakes for fraud prevention and data security are rising with innovation across digital payments. Trust remains the cornerstone of today’s dynamic ecosystem, but it is increasingly tested by a web of risks, including fraud and security vulnerabilities, compliance demands, counterparty reliability, payment failures and...
Credit cards have long been a catnip for criminals. The lure is undeniable. “Your account number is valuable — it has personal information that if someone gets a hold of, that’s how fraudsters compromise accounts and steal your money,” Pablo Fourez, chief digital officer at...
Trust is both the foundation and the future of payments. But that doesn’t make maintaining it any easier. There are five big threats to maintaining that trust between payments and financial services providers and the end-customers they serve: Credit risk, payments risk, counterparty risk, fraud...
Complexities breed inefficiency, as business-to-business (B2B) payments throughout their history have proven. But B2B payments should be simple, easy and secure. In an era when digital transformation is reshaping every element of business operations, virtual cards are emerging as a powerful tool to help streamline...
December 20, 2024
The circle of trust and the issues around risk management explored in PYMNTS’ recent “What’s Next in Payments” articles are often heavy on future technology. They may bring to mind a consumer logging into a bank app, sending a P2P payment or transacting with a retailer online, where the customer experience demands interaction and risk […]
December 19, 2024
The stakes for fraud prevention and data security are rising with innovation across digital payments. Trust remains the cornerstone of today’s dynamic ecosystem, but it is increasingly tested by a...
December 19, 2024
Credit cards have long been a catnip for criminals. The lure is undeniable. “Your account number is valuable — it has personal information that if someone gets a hold of,...
December 18, 2024
Trust is both the foundation and the future of payments. But that doesn’t make maintaining it any easier. There are five big threats to maintaining that trust between payments and...
November 20, 2024
The fraudsters come in droves, inundating would-be victims across all manner of attack vectors, from phishing scams to bots. And in the process there’s a significant amount of information being thrown at banks and consumers across digital channels, said David Excell, founder of Featurespace, in an interview with PYMNTS. “And we often don’t have a […]
November 07, 2024
Cryptocurrency-executive-turned-government-witness Caroline Ellison’s stint in prison is officially underway. Ellison, whose testimony helped convict FTX founder Sam Bankman-Fried for fraud last year, arrived at a Connecticut low-security federal prison Thursday...
February 28, 2024
Visa, in partnership with PYMNTS Intelligence, has launched a new benchmarking tool for middle-market CFOs to evaluate their working capital efficiency compared to industry peers. This tool, featuring a calculator...
July 23, 2023
Twitter’s iconic bird logo could soon fly the coop. Owner Elon Musk said Sunday (July 23) that the social media platform would soon swap the blue bird that’s been its symbol...
