A new breed of autonomous artificial intelligence called agents is taking over customer service and operations at major companies, making decisions that, until recently, required human managers. The shift marks a turning point in enterprise automation as companies move beyond basic chatbots to deploy sophisticated...
Fraud prevention firm BioCatch launched what it called “the world’s first interbank, behavior-based, financial crime intelligence-sharing network.” The BioCatch Trust Network is designed to protect the company’s banking customers against scams, fraud and other financial crimes by offering real-time assessments of account trustworthiness, according to...
When it comes to the economy, some things are not up for discussion. Everyone is spending more on housing, on transportation, food and shelter. And the consumer who wants to borrow money is still looking at much higher interest rates compared to March 2022, when...
In a landscape where data fuels decisions and insights drive growth, simplicity has taken center stage. “Data is the key to driving simplicity,” Banyan Chief Product Officer Vish Shastry told PYMNTS during a discussion for the “What’s Next in Payments” series, “Business Simplicity: The New...
November 22, 2024
As digital payments scale, the sophistication of scams matches their pace. This ongoing dichotomy forces payment ecosystems to adopt more adaptive and resilient fraud prevention measures. Marcos Gelfi, vice president – global head of commercial fraud/dispute products and cardholder solutions at Discover® Global Network, Jeff Hallenbeck, head of payments at Forter, and Freyja McKenna, head […]
November 20, 2024
When it comes to the economy, some things are not up for discussion. Everyone is spending more on housing, on transportation, food and shelter. And the consumer who wants to...
November 20, 2024
In a landscape where data fuels decisions and insights drive growth, simplicity has taken center stage. “Data is the key to driving simplicity,” Banyan Chief Product Officer Vish Shastry told...
November 19, 2024
Embedding AP payment solutions eliminates the friction points that have plagued B2B payments, Finexio Chief Strategy Officer Chris Wyatt writes in a new PYMNTS eBook, “The New Value Equation: 11...
November 20, 2024
Fraud prevention firm BioCatch launched what it called “the world’s first interbank, behavior-based, financial crime intelligence-sharing network.” The BioCatch Trust Network is designed to protect the company’s banking customers against scams, fraud and other financial crimes by offering real-time assessments of account trustworthiness, according to a Wednesday (Nov. 20) press release. “The network’s foundational behavioral […]
November 19, 2024
Banks, credit unions and brokerages are reportedly racing to keep up with a surge in check fraud as tips for committing the crime are being shared on social media platforms....
November 15, 2024
Apple reportedly added a security feature to its latest iPhone operating system, iOS 18, that reboots the phone after it has remained unlocked for 72 hours. This feature puts the...
November 12, 2024
Financial regulators in the United Kingdom issued long-expected rules governing “critical third parties.” The new regulations, expected to go into effect Jan. 1, will govern major tech companies that work...