Fraud Prevention

DeFi Platforms Tighten AML to Court Institutional Investors
DeFi Platforms Tighten AML to Court Institutional Investors
August 18, 2022  |  Cryptocurrency

Despite its potentially huge returns, institutional investors have steered clear of decentralized finance. In part, this is because DeFi is a risky business, but another...

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Checkout.com Enhances Authentication Tool to Reduce Abandoned Carts
Checkout.com Enhances Authentication Tool to Reduce Abandoned Carts
August 17, 2022  |  Security & Fraud

Full-stack payments company Checkout.com is rolling out enhancements to its authentication product to help online businesses reduce abandoned carts as evolving strong customer authentication (SCA)...

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Modern Treasury on Turning Challenges Into Benefits With Real-Time Payments
Modern Treasury on Turning Challenges Into Benefits With Real-Time Payments
August 15, 2022  |  Faster Payments

Despite well-known fears, businesses that actually use real-time payments experience fraud 25% less often than those companies that use other methods to move money to...

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Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers
Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers
August 12, 2022  |  Cryptocurrency

The arrest of a Tornado Cash developer in the Netherlands just days after U.S. authorities blacklisted the crypto mixing service for its alleged use by...

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BM Technologies on Managing Digital Security and the Customer Experience
BM Technologies on Managing Digital Security and the Customer Experience
August 12, 2022  |  Digital-First Banking

While 50% of consumers avoid digital-only FIs due to security concerns, BM Technologies CTO Jamie Donahue tells PYMNTS that digital-first institutions actually have a home-field...

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New Report: Small Merchants Found More Effective Than Enterprise Rivals in Resolving Credit Card Disputes
New Report: Small Merchants Found More Effective Than Enterprise Rivals in Resolving Credit Card Disputes
August 12, 2022  |  Fraud Prevention

Fraudulent transaction disputes are an unwelcome fact of life for all merchants and can represent significant financial and administrative burdens. Our data shows that the...

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Crypto Insiders Edgy over Quantum Computing’s Looming Threat to Blockchain Security
Crypto Insiders Edgy over Quantum Computing’s Looming Threat to Blockchain Security
August 11, 2022  |  Security & Fraud

Chatter on the cryptographic side of cryptocurrency has been growing over the past couple of years about the threat posed by quantum computing, an entirely...

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Digital Banks Lack ‘Home Field’ Advantage Needed to Overcome Consumer Security Concerns
Digital Banks Lack ‘Home Field’ Advantage Needed to Overcome Consumer Security Concerns
August 11, 2022  |  Digital-First Banking

Consumers have become increasingly reliant on digital banking channels since 2020, forcing financial institutions (FIs) to prioritize secure and convenient digital customer experiences. At the...

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PYMNTS Cryptocurrency Glossary: Regulations, Legal and Crime
PYMNTS Cryptocurrency Glossary: Regulations, Legal and Crime
August 09, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in...

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