digital transformation

PYMNTS Data: FIs’ Adoption of Fraud Detection Tech Has Tripled Since 2018
PYMNTS Data: FIs’ Adoption of Fraud Detection Tech Has Tripled Since 2018
September 15, 2021  |  Fraud Prevention

Financial institutions (FIs) want to reduce fraud, but at the same time don’t want to create false positives, which is the flagging of legitimate customers...

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FinTech Startup Pagaya Could Go Public in $9B SPAC Deal
FinTech Startup Pagaya Could Go Public in $9B SPAC Deal
September 15, 2021  |  IPO

The FinTech Pagaya Technologies is mulling an initial public offering (IPO) via a merger with the special-purpose acquisition company (SPAC) EJF Acquisition Corp that would...

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AI/ML Lifts Synchrony Fraud Detection Accuracy to 90%
AI/ML Lifts Synchrony Fraud Detection Accuracy to 90%
September 15, 2021  |  Fraud Prevention

Financial crime risks have soared since the unprecedented shift to remote work, and the new fraud landscape has financial institutions (FIs) struggling to keep pace...

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Google Unveils Supply Chain Twin Solution 
Google Unveils Supply Chain Twin Solution 
September 14, 2021  |  Google

Google on Tuesday (Sept. 14) rolled out Supply Chain Twin, a Google Cloud-based initiative that helps companies to create a so-called “digital twin” of their...

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Supply Management Firm LevaData Raises $47M
Supply Management Firm LevaData Raises $47M
September 14, 2021  |  Investments

Supply management software company LevaData announced that it had closed a $47 million Series C funding round, according to a press release on Monday (Sept....

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71% of Healthcare Execs to Invest in AI Over the Next 3 Years
71% of Healthcare Execs to Invest in AI Over the Next 3 Years
September 10, 2021  |  Healthcare

The majority of health insurers’ fraud, waste and abuse (FWA) investigations take place after claims are paid, not before — and consumer payments can be...

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FinTech, ID-Focused Firms Helm Public Listing Announcements this Week
FinTech, ID-Focused Firms Helm Public Listing Announcements this Week
September 10, 2021  |  IPO

Listing announcements this past week — for traditional initial public offerings (IPOs), and for special purpose acquisition companies (SPACs) — were centered on FinTech, ID...

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Perfect Corp. Unveils AI-Powered Makeup Tutorial Platform
Perfect Corp. Unveils AI-Powered Makeup Tutorial Platform
September 10, 2021  |  Retail

Beauty tech company Perfect Corp. is launching a new digital makeup tutorial solution, giving brands the ability to present step-by-step lessons using artificial intelligence (AI)...

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Deep Dive: How Merchants Can Reduce the Risk of False Positives Through AI and ML
Deep Dive: How Merchants Can Reduce the Risk of False Positives Through AI and ML
September 10, 2021  |  Fraud Prevention

The risk of digital fraud is difficult to overstate for merchants of all sizes, especially as digital engagement continues to grow and open more doors...

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