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Building Vendor Trust With Virtual Cards

PYMNTS

and divisions in the Netherlands, Singapore and South Korea — have embraced offerings like virtual and purchasing cards that expedite the payment workflow. . The pair explained how these offerings keep suppliers satisfied and DPR’s partners safe from fraud. . Virtual cards move payments quickly,” Phoenix said. “We

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Construction Payments: Building The House With Virtual Cards

PYMNTS

The all-new Securing B2B Payments Report highlights how these solutions are helping B2B partners to quickly and securely make payments and keep their relationships strong. A recent partnership between consulting firm CGI and invoice payment solution provider Ordo aims to make invoice processing safer and more secure.

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B2B Payment Innovations Keep Suppliers In Mind

PYMNTS

The latest Securing B2B Payments Report shines a light on risk and security issues. . Security vs. Friction. Losses from fraud were estimated to hit $4.2 trillion last year, which means businesses need to balance keeping payments secure while still delivering a seamless payment experience.

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BEC Scam Storms The Sports Field (Literally)

PYMNTS

In a smattering of individual instances of fraud: In Canada, SaskEnergy said that it fired an employee amid allegations that the unnamed worker had misappropriated a fuel card, racking up $30,000 in charges between 2004 and 2019. The employee had been given the fuel card as part of their job, which included driving a corporate vehicle.

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Mobile Payments: What’s In It For Me?

PYMNTS

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. “You want to get into as many use cases as possible,” said Greg Weed, director of card performance research at Phoenix Marketing International.

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Data Dive, Columbus Edition: Square, PayPal And One Brave Bank Teller

PYMNTS

The Phoenix Suns Get a Payments Assist from PayPal. Maybe the cashier was slow, maybe you couldn’t find your card, but when the buzzer blows, the outcome is all the same. Because that teller, with a glance and a phone call, unraveled a complex, multinational act of fraud that nearly left the nation of Angola $500 million poorer.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. Fraud solutions based on email addresses. HQ: Phoenix, Arizona. Tags: Financial institutions, enterprises, security, fraud prevention, Wipro (strategic investor), Finovate alum. Alt-lender to students. Source: Pymnts.

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