South State Correspondent
SEPTEMBER 13, 2023
Most banks ignore instant payments or are still worried about fraud and research. 33% are still made via check that contains more than $8B of fraud per year. Check fraud is up some 84% and is only going to go up. Maybe the payer needs a breakout of taxes, or perhaps the payee was only able to ship a partial order.
PYMNTS
FEBRUARY 21, 2020
trillion by 2020, but new sales channels also invite emerging fraud forms. More than $1 trillion is expected to be spent on cybersecurity solutions worldwide between 2017 and 2021 as companies address the need for protections and make major investments in digital fraud-fighting techniques. The Sizable Online Fraud Threat.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
MAY 11, 2018
” Though South Korean authorities raided the exchange due to concerns over fraud, the South Korean Financial Supervisory Service did not reply immediately to a request for comment by CNBC. By comparison, the cryptocurrency’s value was around $7,600 in February, a level that represented a new two-month low.
CB Insights
MAY 23, 2019
Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Mozido’s fintech fraud fiasco. And others disappear forever.
PYMNTS
NOVEMBER 30, 2020
“There’s a lot of third-party data we’re tapping into to draw some of those comparisons and do some level of verification without it being too intrusive or [taking] too long or [being] uncomfortable for the customers,” Knutson explained. Positive experiences could inspire many to use these tools over the long term.
BankBazaar
JULY 11, 2019
Additional Reading : Tax Deduction Myths Busted For You. In comparison, payments modes such as Credit Cards are far safer. For instance, many cards come with in-built fraud protection, extended warranties, and additional insurance. Myth 4 – Cash Payments Are The Best.
Abrigo
APRIL 20, 2017
Analytics can range from simple comparisons (for example prior year’s ending balances vs current year ending balances, square footage of retail space available vs sales ) to the use of complex models involving many relationships, regression analysis and components of data. Are there indications of potential fraud?
Expert insights. Personalized for you.
221 
Let's personalize your content