Remove blockchain Remove Fintech Remove Fraud Remove social media
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Fraud Decisioning Pulls Ahead In A Tight Race

PYMNTS

The world’s biggest social media platforms are cracking down like never before. Companies are getting much better at fraud detection and prevention, partly in response to its rapid spread. A leading index of digital theft found that loyalty fraud exploded by 89 percent over 2018, opening a vast new front in the battle.

Fraud 131
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Bitcoin Daily: China Regulator Eyes Digital Currency Veteran As Chief; Crypto Firm Founder Charged With ICO Fraud

PYMNTS

Yao’s hiring was anticipated because of his contribution to the development of the central bank digital currency (CBDC) and his deep understanding of FinTech and blockchain, according to Caijing. The new team would follow a model similar to Square Crypto, a bitcoin-focused entity separate from Dorsey’s FinTech unicorn Square. .

Bitcoin 131
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Deep Dive: Strategizing Transparent, Holistic Digital Banking Transformations

PYMNTS

billion by 2024, and a separate study suggested that many customers were willing to use FinTechs as well as their primary banks to receive the level of technological support they desired. It found that 64 percent of consumers across 27 surveyed markets noted that they were using FinTech services.

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Deep Dive: How Securing Customer Onboarding Can Curb Negative Option Billing Subscription Creep

PYMNTS

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. million fraud reports in 2018, resulting in $1.48 trillion a year.

Security 130
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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. At a high level, that means helping crypto companies and FinTechs come to market with crypto payments across the Visa rails. Keeping An Eye On Fraud. It all depends on how you look at it — and where you look, of course.

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Some Fintech Podcasts To Add To Your List

William Mills

Podcasting continues to gain ground in popularity and that is translating to the fintech industry as well. While there are many great podcasts to listen to, here are a few fintech podcasts (not ranked in any order) that we listen to regularly and think are worth your time as well: Fintech5. Bank on IT. CU Broadcast. BankSocial.

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Facebook’s Libra And The Future Of Digital Identity

PYMNTS

Despite the pervasiveness of digital identity in everyday life, concerns surrounding digital ID security continue to make headlines, with billions of dollars lost to fraud. South Korea’s Financial Services Commission (FSC) has approved blockchain operator ICONLOOP’s my-ID system to protect data collected for digital identities.

Apple 158