PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Trackers and Reports.

Fraud 101

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PYMNTS

MARCH 21, 2019

Separately, in reference to general fraud trends, Trend Micro reported that Singapore was the most “vulnerable” country in Southeast Asia last year, where there were more than three million malicious URLs affecting 15 million victims. The Agari research found that the BEC scams play out similarly to gift card scams.

Fraud 112

Fraud Mobile Report Trends 112

PYMNTS

FEBRUARY 19, 2019

During a fraud trial on Tuesday (Feb. The case is being prosecuted by the Serious Fraud Office, which alleges that senior bankers Roger Jenkins, Richard Boath and Tom Kalaris, as well as former CEO John Varley, were all involved in the emergency fundraising by the bank with Qatar.

Capital 115

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PYMNTS

JUNE 16, 2020

Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. Head of Cybersecurity Strategy Tom Kellermann said, testifying before a U.S.

US 227

US Cyber Security Security National 227

PYMNTS

MARCH 1, 2016

In a nod to just how important cybersecurity is becoming to larger firms within the financial space, Capital One said on Monday (Feb. Brought on board, in this case, is literal, as Capital One has created a new seat on its board of directors dedicated to cybersecurity.

Capital 100

Capital Security Data Software 100

PYMNTS

NOVEMBER 15, 2018

Instacart raises new capital, Berkshire takes a stake in Chase and bitcoin has a bad day. Data: Thanksgiving Day Will See Peak Fraud Attempts. Data: Thanksgiving Day Will See Peak Fraud Attempts. Instagram Rolls Out Three New Ways to Discover Products to Purchase. Instacart Raises $271M on $7.8B

Bitcoin 185

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PYMNTS

FEBRUARY 19, 2019

Fraud is rampant and thriving. Banks, financial institutions (FIs) and other members of the financial world are, thus, dealing with a rising flood of identity theft and application fraud, as bad actors look to capitalize on the email addresses, Social Security numbers, credit details and other information they have on hand.

Fraud 158

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Payments Source

AUGUST 4, 2019

Under the regulation, banks and financial services providers must secure their own systems as well as implement third-party risk management programs, which can mitigate insider threats from third parties, says Michael Magrath, director of global regulations and standards for OneSpan.

New York 67

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PYMNTS

NOVEMBER 16, 2016

‘Tis the season … to be very, very wary of phishing and other types of fraud. Black Friday and Cyber Monday sales continue to increase year over year — while some project online holiday sales at $98 billion, new estimates from the National Retail Foundation project that this year’s online holiday sales could reach $117 billion.

Fraud 100

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PYMNTS

FEBRUARY 20, 2017

But if technology can pave the way to a smoother process, so, too, can it facilitate fraud, in the wrong hands. The debates that dominate the human side of commerce and the capital tied to it are ones that extend to the new presidential administration in the U.S. How should goods and services and people move across borders?

Fraud 102

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PYMNTS

OCTOBER 12, 2018

Patisserie Holdings, the owner of Patisserie Valerie, has requested an “immediate injection of capital” after revealing the accounting irregularities. Albans has been arrested on suspicion of fraud by false representation,” according to reports. The chief financial officer of U.K. The company went public in 2014.

Fraud 124

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PYMNTS

DECEMBER 15, 2017

This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. Dawn Capital led the latest funding round, reports said, while Fourth Swedish National Pension Fund and other backers also participated.

Fraud 115

Fraud Capital New York City Lending 115

PYMNTS

JANUARY 13, 2021

With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank , National Association. The OCC conditionally approved the charter, meaning Anchorage had to agree to comply with certain capital and liquidity requirements, as well as the OCC’s risk management rules, the release stated.

South Dakota 131

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PYMNTS

DECEMBER 20, 2019

Tons of capital was raised and spent on new systems and processes. As city councils all over the nation get a hankering for MOA tax revenue, the category just keeps growing and evolving. As mobile takes fast food by storm, QSRs find themselves gagging on friendly (and unfriendly) fraud. Chargebacks Bite. MOA is a Goer.

Mobile 131

Mobile Fraud New York City Metro 131

PYMNTS

SEPTEMBER 9, 2020

In fact, it’s anything but, supporting the notion that all schools of malicious actors have ramped up their efforts to capitalize on vulnerable remote workers and worried members of the public seeking information related to the pandemic,” the company said in its report. “Attempts to infect users with ransomware in 2020 have not slowed down.

Fraud 131

Fraud Report National Capital 131

PYMNTS

JULY 28, 2020

Gilbert, who also owns the National Basketball Association (NBA) team the Cleveland Cavaliers , controls 79 percent of the voting power for the company’s common stock. The process can aid in going directly to the source of customer data, help eliminate fraud and show bigger patterns for real estate paperwork.

Cleveland 140

Cleveland Detroit New York Company 140

PYMNTS

NOVEMBER 9, 2018

million for its anti-fraud solutions designed for retailers. With artificial intelligence (AI), Fraugster has developed a software solution that prevents fraud for online retailers, analyzing data from multiple sources and cross-checking information to determine whether a transaction is fraudulent or not. SESAMi/Capital Match.

Software 158

Software North Carolina Capital San Francisco 158

PYMNTS

DECEMBER 23, 2019

23) said Egypt’s finance minister, Mohamed Maait, is capitalizing on the high penetration of smartphones in Egypt to implement eInvoice standards for the nation’s tax operations. Reports in Zawya on Monday (Dec. That effort also aims to go live in 2020, reports said.

Taxes 130

Taxes Conference System Mobile 130

PYMNTS

APRIL 28, 2019

The country is also the top of the list when it comes to general fraud schemes. Attacks that capitalize on the human desire to respond to urgent requests from authority are on the rise,” reported Security Asia. Singapore is the nation most beset by BEC attacks at more than 27 percent, followed by Malaysia at 26 percent.

Bitcoin 148

Bitcoin Fraud cryptocurrency National 148

PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. Alternative Lending.

Capital 135

Capital Lending Resources Oregon 135

PYMNTS

JULY 12, 2019

The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare. The government plans to adapt SingPass for smartphones this year by rolling out a new national digital identity (NDI).

Mobile 108

Mobile National Samsung Case Study 108

PYMNTS

DECEMBER 10, 2020

From having to manage troves of unfamiliar vendors to navigating a market marred by fraud, the procurement process for personal protective equipment (PPE) was — and is still — not easy, but it's not the only headache these organizations face. Often, that new vendor was overseas.

Operations 219

Operations Fraud Industry Management 219

PYMNTS

FEBRUARY 10, 2017

Capital Float. million , India’s Zen Lefin, better known as Capital Float, will expand its abilities to lend to SMEs. The company announced the new funding from IFMR Capital Finance and IFMR FImpact Long Term Multiasset Fund, though the funding isn’t just in the form of venture capital. Alternative Lending.

Fintech 100

Fintech Capital Lending Data 100

SWBC's LenderHub

MARCH 25, 2020

In times of national emergency or market disruption, scammers capitalize on public fear to take advantage of vulnerable consumers. FinCEN and many other organizations have issued warnings and red flags to help financial institutions and their customers identify and stop potential scams, including:

National 79

National Capital Marketing Cyber Security 79

PYMNTS

MAY 9, 2016

Bank of America, Capital One, Wells Fargo, Chase and more published their findings — sometimes to contradicting conclusions. Chase reached some optimistic conclusions regarding how small business owners feel about the year ahead, while Capital One highlighted a 9 percent decline in SME optimism.

America 100

America National Capital Survey 100

PYMNTS

JUNE 26, 2020

Dombrovskis told the Times he will ask the 27-nation bloc’s markets supervisor to evaluate BaFin’s handling of the one-time rising star German financial technology company. “We He has said allegations about Wirecard’s accounting practices are false and misleading, the newspaper reported.

Regulation 152

Regulation Capital Policies Course 152

PYMNTS

JUNE 3, 2016

There may be a few resilient, strategic entrepreneurs out there who don’t need venture capital to run a successful startup. “It’s a huge anomaly,” said Small Business Administration Head of Innovation and Investment Mark Walsh, referencing the ability for startup founders to make it without venture capital.

Security 100

Security Data Analytics Capital 100

PYMNTS

NOVEMBER 13, 2018

Flanigan said in a press release , “distributed ledger technology will clearly be important in modernizing the shared infrastructure of capital markets. The idea behind the app for “programmable money” was to help enhance budgeting and insurance payouts and involved National Disability Insurance Scheme (NDIS) members. ”

blockchain 169

blockchain Bitcoin Software Industry 169

PYMNTS

MARCH 2, 2018

“The merchant cash industry first started as a product for unbankable clients,” said Andrew Mallinger, COO of PIRS Capital, in a recent interview with PYMNTS. “It There are scenarios, too, in which a merchant cash advance may actually be the best financial option for a business in need of working capital.

Capital 119

Capital Lending Louisiana Data 119

PYMNTS

AUGUST 2, 2019

The investigation was in April, ahead of the Capital One hack that resulted in the arrest of a former Amazon engineer. Capital One is just one of numerous financial institutions using Amazon’s cloud services to store customer data, igniting the question of where banks end and vendors begin. . banking system.

Regulation 144

Regulation Virginia Google Capital 144

PYMNTS

OCTOBER 22, 2020

“All of these government bodies are really starting to double down on their thought process around digital money movement instead of check cashing,” Switt said – partly as a means of reducing fraud , but also to give people quicker access to funds in order to put food on the table. The Cash Culture. Crypto And AI/ML.

Payments 206

Payments Community Mobile Comparison 206

PYMNTS

JANUARY 31, 2020

Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank’s Adam Kruis, senior vice president and manager of working capital consulting, and Jennifer Swenson, vice president of corporate payment systems, discuss how the bank ensures smooth implementation of virtual card solutions.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

SEPTEMBER 23, 2019

The latest Workforce Spend Playbook explores new solutions that are enabling construction firms and other SMBs to maximize their capital, pinpoint cost-saving opportunities and improve their cash flows. Virtual and purchasing cards can also save money, according to the National Association of Purchasing Card Professionals.

Industry 169

Industry Cards Software Phoenix 169

PYMNTS

NOVEMBER 30, 2020

Pizza Hut has restaurants in Caracas, Venezuela’s capital, and Maracay, Maracaibo and Barquisimeto, the report stated. 22, noting that "the seized digital currencies will be processed pursuant to laws and the proceeds and gains will be forfeited to the national treasury," reported The Block, citing the ruling.

Bitcoin 168

Bitcoin cryptocurrency ATM America 168

PYMNTS

MARCH 22, 2016

Paladin Capital led the investment round, reports said, which also saw participation from Santander InnoVentures, KRW Schindler, Digital Currency Group and Octopus Ventures. In a statement, Elliptic said it anticipates high demand for its solution within both the private and public sectors. via our contacts and knowledge of U.S.

blockchain 100

blockchain Tools Compliance Security 100

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2 customer impact.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

JUNE 1, 2017

With suppliers forced to wait longer to get paid, demand for supply chain financing among Chinese companies and their vendors could increase, with suppliers seeking working capital while they wait to see their invoices settled. One way China has aimed to stunt that outflow has been to target cross-border trade invoice fraud.

Survey 108

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