Larger financial institutions have an edge over smaller ones in AI-related fraud prevention. That’s according to a new report from the U.S. Treasury on dealing with artificial intelligence (AI)-centered...
Real estate software/data analytics provider RealPage has debuted tools to combat rental fraud. The new offerings, announced Wednesday (March 27), will be available with the company’s OneSite and...
Most crimes, at the end of the day, are crimes of opportunity. After all, bad actors and scammers just need to get lucky once. And...
Earlier this year, bankrupt cryptocurrency firm FTX called off plans to resurrect its exchange. And that was a missed opportunity, some of the company’s creditors told The Wall Street...
Rich Clow, managing director and head of innovation and strategy, Global Payments Solutions, Bank of America, told PYMNTS that omnichannel demands are pointing banks toward a...
Mastercard and Worldpay are teaming to help merchants settle transaction disputes faster and reduce chargebacks. Chargebacks — refund requests sparked by customers disputing transactions — are a growing issue,...
Amid a challenging economic landscape, the U.K.’s Financial Conduct Authority (FCA) has unveiled its Business Plan for the 2024-2025 fiscal year, marking the culmination of its three-year strategic roadmap. One of...
As traditional forms of identification prove increasingly inadequate in the digital space, the necessity for innovative and secure solutions becomes evident. Remote Identity Proofing (RIDP),...
For the bad actors, check fraud is en vogue. For consumers, and for banks, the rising embrace of disbursements may have a positive knock-on effect:...