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Fraudsters Try New Spins On The BEC Scam

PYMNTS

Separate analysis from Singapore warned that monetary losses associated with BEC scams that specifically instruct targeted employees to send gift card redemption details are on the rise, too. Since last January, $987,000 has been lost to BEC scams demanding payment in the form of gift cards , new research out of Singapore has warned.

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Thyngs Teams With CDS Global; Alipay Partners With Turkish FinTech

PYMNTS

Coverage includes Thyngs work with CDS Global to support contactless payments for subscriptions of magazines in the U.K. Thyngs is working with CDS Global to support contactless payments for subscriptions of magazines, Thyngs said in an announcement. Mark Judd, managing director of CDS Global in the U.K. and Australia.

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Banking Apps Spread In Brazil As Critics Note Potential For Shakeout

PYMNTS

Magazine Luiza , another Brazilian merchant, recently said that it looks to roll out a wallet based on an app in January, teaming with Banco do Brasil SA for withdrawals of cash. The rise in payment accounts from nonbanks challenges online banks to learn risk management from the beginning. trillion in banking assets.

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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

Speakers at Abrigo’s ThinkBIG conference will: Spotlight current challenges facing banking professionals Provide industry best practices to drive growth and manage risk Offer advice on regulatory compliance. The Fighting Financial Crime track will focus on BSA compliance, anti-money-laundering (AML), and fraud detection topics.

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What’s Next For The 'Set It And Forget It' Subscription Auto Refill Economy

PYMNTS

Online magazines. As Benson noted, generally speaking there’s been a surge in subscriptions offered and managed directly by merchants — and in platforms that are selling and managing subscriptions, too. Mascara delivered to the door for those endless Zoom calls.

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Meet Our 2023 FICO Decisions Awards Judges

FICO

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal, CFA senior research manager, The Asian Banker.

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PAUL UK Teams With Yoyo For Mobile App; Khalti Earns Payment Service Provider License

PYMNTS

In Europe, the PAUL UK bakery chain has teamed up with Yoyo to create a new app for mobile payments that will let diners accumulate rewards points, MobileMarketing magazine reported. To make a payment, diners will have to connect their debit/credit card to the app. The new app can be downloaded starting May 20.

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