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...
Only 38% of businesses are using document and identity authentication tools, leaving most organizations vulnerable to fraud attacks linked to incoming payments. In this month’s...
Fraud is both costly and common. In the last two years, 52% of companies with at least $10 billion in revenue experienced some sort of...
The FCA has fined Al Rayan and Guaranty Trust banks over anti-money laundering (AML) failures. In the first penalty, announced by the U.K.’s Financial Conduct Authority on...
Recent regulatory action against U.S.-based Coinbase underscores that crypto is reaching a post-FTX inflection point. The pressure is on for the business-as-usual attitude to button...
For retailers already skating on razor-thin margins, a fraud event could be make-or-break. Merchants globally pay billions to combat fraud, and it is only predicted to get costlier...
People who still prefer to pay in cash are often overlooked in today’s digital world. But Europe seems to be bucking that trend and in...
For scores of CFOs, 2022 may go down as the year where they zeroed in on “what really matters” — including digital transformation. Amidst the...
Italian and Albanian authorities have broken up an organized crime group’s crypto scam. The group had stolen an estimated 15 million euros (about $16 million),...