PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

OCTOBER 5, 2020

Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,

Security 202

Security Bitcoin Capital Analytics 202

PYMNTS

APRIL 26, 2019

operations. It’s also struggling with a lack of capital, which prompted the move. In a letter on its webpage, Sinemia said it was ending operations in the U.S. operations,” Sinemia wrote in the letter. Just like any other FinTech company, Sinemia also faces its own challenges of fraud,” the company said at the time.

Operations 122

Operations Fraud Capital Analysis 122

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? From transaction monitoring to detecting unusual activities and facilitating report filing for reviews and audits, regtech solutions for banks can streamline and optimize compliance operations. The staff and support are very friendly, helpful, and responsive."

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? From transaction monitoring to detecting unusual activities and facilitating report filing for reviews and audits, regtech solutions for banks can streamline and optimize compliance operations. The staff and support are very friendly, helpful, and responsive."

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

DECEMBER 19, 2019

Yet, each of these strategies to modernization is a double-edged sword, exposing a bank — and, thus, its partners and customers — to a new breed of fraud risks. As the Tracker revealed, though, this journey comes with security concerns that add a new level of complexity to banks’ digitization journeys. In the U.K.,

Fraud 104

Fraud Payments Security Fintech 104

PYMNTS

APRIL 16, 2020

Not only do industry giants have innate name recognition, but they also have colossal advertising budgets and access to cutting-edge mobile ordering technology and features that small operations cannot match. Bad actors are taking advantage of the chaos and bringing about an upswing in digital fraud. Fighting Fraud.

Fraud 130

Fraud Chicago Resources Mobile 130

PYMNTS

OCTOBER 20, 2017

Two cybersecurity companies came out on top, but they both focus their enterprise security efforts in different ways. Duo Security. The $70 million raise by Duo Security makes this cybersecurity startup the latest unicorn in the industry. This California-based startup has a particular cybersecurity focus: payments fraud.

Capital 109

Capital blockchain Fraud Security 109

PYMNTS

APRIL 29, 2019

As part of the agreement, the company must pay restitution to shareholders, as well as implement internal controls and cooperate with the investigations of the former executives allegedly involved in the fraud. Celadon reported $856 million in revenue in 2017 in truckload operations, making it the 13th largest operator in the sector.

Fraud 108

Fraud Indianapolis New York Operations 108

Banking Exchange

DECEMBER 17, 2019

How Banks Are Achieving Smarter Fraud Detection Risk Management Technology Security Feature Feature3 Cyberfraud/ID Theft Operational Risk.

Capital 78

Capital Risk Management Fraud Security 78

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

MAY 8, 2019

The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result of a financial accounting scandal at another trucking firm where FreightRover executives had worked. Fraud Allegations. Leadership Changes. Here is what happened, at least according to the U.S.

Fraud 135

Fraud Report Indianapolis Leadership 135

Abrigo

MARCH 24, 2020

Key Takeaways We can learn about potential fraud from previous cases such as Italy. Fraudsters capitalized on vulnerabilities from shifts in daily life due to coronavirus. Fraudsters capitalized on vulnerabilities from shifts in daily life. the elderly).

Fraud 150

Fraud Software Resources Security 150

PYMNTS

DECEMBER 17, 2019

Headlines are filled with reports of service outages and data breaches , and both banks and consumers are contending with rising fraud concerns as digital banking takes off. Fraud threatens everyone, yet customers rely on their banks for protection. FIs around the globe are also grappling with faster.

Technology 142

Technology Fraud Data Security 142

PYMNTS

JANUARY 14, 2021

One unfortunate result of this shift has been an uptick in fraud, with bad actors taking advantage of digital channels to victimize customers and retailers more easily than they could during face-to-face interactions. How Swap.com Stomps Out Fraud. The secret sauce to preventing fraud year-round is diversification, Brendel said.

Fraud 143

Fraud Miami Security Retail 143

PYMNTS

AUGUST 20, 2019

In the wake of the Capital One data breach that exposed data tied to 100 million individuals in the United States comes a warning that there really are not any places to hide. There will be accidents, especially in the cloud,” Korbinian Ibel, a director general at the ECB’s supervisory operations, said in the report.

Data 176

Data Security Capital United States 176

PYMNTS

NOVEMBER 20, 2019

This rampant availability of users’ data makes it easier for bad actors to wreak havoc and commit fraud. She recently spoke to PYMNTS about how Scotiabank has revamped its fraud strategy in recent years. “I The increasing sophistication of fraud attacks has led Scotiabank to reassess how it employs AI, ML and automation.

Fraud 117

Fraud Data Management Analytics 117

Abrigo

MAY 24, 2023

Bipartisan support The SAFE Banking Act's long road to the Senate Many in the AML/CFT community have been watching the unfolding of the Secure and Fair Enforcement (SAFE) Banking Act for some time now with no significant progress. Sherrod Brown, D-Ohio, in the same hearing.

Lending 195

Lending Fraud Operations Ohio 195

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. The new capital will help fuel hiring and other growth, the company said. Fraud Prevention Innovation.

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. We will introduce data innovation that embeds risk and control elements expected from SWIFT, creating peace of mind for business-critical operations. The new approach promises to create new value-added services to support business growth. “We

Innovation 348

Innovation Payments Compliance Data 348

PYMNTS

DECEMBER 8, 2020

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. The company said its technology prevented one fraud attempt every 51 seconds during the month, totaling 22,000 thwarted attacks.

Video 211

Video Report Meeting United States 211

PYMNTS

AUGUST 21, 2020

six FinTechs were able to secure a share of the next round of RBS grant money , with the winners including small business banking and biometrics company Onfido. The company secured the investment from Ascension Ventures and Fuel Ventures, reports said. In the U.K., million in new funding , U.K.-based Attabotics.

Fintech 154

Fintech Austin Capital Fraud 154

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions.

Report 195

Report Risk Management Capital Data 195

PYMNTS

NOVEMBER 30, 2020

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. Another business, homewares company Sage and Clare, was out $7,360 after falling for such fraud.

Fraud 177

Fraud Cyber Security Data Software 177

PYMNTS

JANUARY 13, 2021

13) on the Nasdaq Global Select Market and the Nasdaq Capital Market under the symbols “BTRS” and “BTRSW,” respectively. Swap.com Uses Data Analytics To Fight Post-Holiday Fraud Surge. Debate Looms Over Crypto Privacy, Security And Regulation. The debate over privacy versus security rages on.

Analytics 145

Analytics Fraud Payments Capital 145

PYMNTS

FEBRUARY 24, 2020

These firms are finding that managing both systems in the cloud offers the flexibility and security needed to streamline invoicing and cut costs, while keeping operations running as smoothly and accurately as possible. Across The Next-Generation AP Automation Space. Growth encouraged the media company to switch to automated processes.

Software 223

Software Fraud System Survey 223

Payments Source

JULY 15, 2018

If fintechs can prove effective at overcoming fraud challenges as they scale their customer base, they’ll be able to better capitalize on their unique position of operating independent of legacy platforms as they create a more financially connected consumer experience, writes Dave Excell, founder and CTO of Featurespace.

Fintech 72

Fintech Security Fraud Capital 72

PYMNTS

NOVEMBER 2, 2018

In this week’s rundown, the industry landed the most funding among B2B FinTechs, though other bright spots included cybersecurity, alternative finance and a startup working to prevent firms from losing money when employees commit expense fraud. Mission Secure. Shape Security. Veritas Finance. The Credit Junction.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

JANUARY 10, 2017

It’s early in 2017, but fraud looms like Nosferatu chancing upon the sleeping maiden. Yes, that is billions with a B, and a capital B, as it represents the staggering amount that merchants lost last year, in the United States alone, from false declines, as estimated by BI Intelligence.

Fraud 100

Fraud US Data System 100

PYMNTS

JULY 6, 2020

Wirecard continues to dominate the headlines in the realm of corporate fraud thanks to $2 billion missing from the company’s books, but it’s not the only company at the center of questionable activity. 34 percent of furloughed employees were asked to commit furlough fraud , according to a survey from U.K.-based

Fraud 148

Fraud Missouri California Report 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

APRIL 26, 2019

Per the attorney general’s filing, messages from executives at the exchange — in at least one case to a payment processor based in Panama known as Crypto Capital — detail what seems to be a precarious financial position. The attorney general’s complaint states that Crypto Capital failed to process redemption orders.

Fraud 134

Fraud Bitcoin cryptocurrency United States 134

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

JANUARY 30, 2020

These 16-digit credit card numbers are created for one-time purchases at set amounts, and the convenience, security and speed they provide are allowing them to take hold in the B2B payments space. They also offer more safeguards against fraud than traditional business credit cards. How Security Drives Virtual Card Use.

Cards 178

Cards Payments Fraud Capital 178

PYMNTS

JULY 12, 2020

Dunzo said it has taken steps to secure the gaps in its system and added additional layers of security protocols. The company operates in Bengaluru, Delhi, Gurugram, Pune, Chennai, Jaipur, Mumbai and Hyderabad, Money Control reported. Google, Lightbox Ventures, STIC Investment, STIC Ventures and 3L Capital participated.

Google 200

Google Data Security Course 200

Payments Source

AUGUST 29, 2019

With lots of day-to-day IT tasks and countless systems to configure, it's easy to make mistakes, says Brian Kelly, CEO of CloudBolt.

Operations 70

Operations Security System Capital 70

Abrigo

FEBRUARY 3, 2020

Financial institutions generally are moving away from self-managed, on-premise technology and are finding hosted solutions that provide the security and scalability they need. Creating more efficient operations and improving customer experiences are the goals driving technology strategies and investments at many U.S.

Resources 150

Resources Security Customer Experience Fraud 150