The Paypers

MARCH 28, 2024

iDenfy has partnered with SCOPE FinTech Solutions to augment fintech security in response to the expanding European market and rising threat of financial fraud.

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Fintech Security Fraud Marketing 41

Gonzobanker

SEPTEMBER 21, 2023

CSI partnered with Dragonfly for treasury management and with Hawk AI for fraud and anti-money laundering solutions. Fiserv partnered with Central Payments LLC , a BAAS provider for fintech, and sold its Frontier Reconciliation and Accurate Reconciliation solutions to Trintech. an embedded payments platform for fintechs.

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Fintech Software Illinois Lending 103

PYMNTS

JULY 15, 2020

Judges dismissed a civil suit that alleged Wirecard of fraud weeks after the company filed for insolvency in a Munich court. The judge also found that the involvement of the Mauritius’ Emerging Markets Investment Fund (EMIF) was not a reason to suspect fraud. “As

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Fraud Taxes Groups Compliance 160

PYMNTS

JULY 10, 2018

Emailage , the online fraud prevention startup that uses email addresses to assess risk, is expanding its operations in the Canadian market. Already, there are many new FinTech startups in a few of Canada’s major cities and the different tech hubs. That’s where companies such as Emailage come in.

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Fraud Fintech User Experience Strategy 110

PYMNTS

OCTOBER 6, 2020

Singapore-based FinTech platform Nium is expanding into the Middle East, the company announced on Monday (Oct. FinTech across the Middle East is also set to grow at a compounded annual growth rate of 30 percent, and expected to raise over $2 billion in venture capital funding by 2020.".

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Fintech Regional Fraud Meeting 174

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. The benefits of fintechs. By Elizabeth Judd. Quick Stat.

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Community Bank Community Fintech Risk Management 159

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

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Fintech Lending Software Compliance 195

PYMNTS

SEPTEMBER 2, 2020

Checkbook has joined Visa 's FinTech Fast Track program and launched Virtual Cards , a program that will expand the reach of real-time payments, according to a press release. Virtual Cards were created by Checkbook to reduce the fear of losing a wallet or being a target of credit fraud, according to the release.

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Cards Fintech California Fraud 213

Gonzobanker

JULY 9, 2021

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

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Fintech Lending Community Payments 197

PYMNTS

SEPTEMBER 8, 2020

While consumer onboarding for banks and FinTechs has seen immense innovation in recent years, the same cannot be said for business customers, according to Kyle Mack, CEO of Middesk. 8), the company announced that it has joined Visa's Fintech Fast Track Program to help emerging FinTechs optimize their own business identity strategies.

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Fintech Compliance Fraud social media 198

PYMNTS

JULY 24, 2019

In the latest Digital Fraud Tracker , PYMNTS examines how fraudsters are utilizing mobile and app-based channels for fraud attacks, as well as why fraudsters are still relying on phishing as a major fraud strategy even as they increase their use of new technologies and techniques. Around the Digital Fraud World.

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PYMNTS

SEPTEMBER 27, 2019

MyPayrollHR Founder Faces $70M Fraud Charge. The CEO and founder of the New York payroll company MyPayrollHR was arrested and charged in a $70 million bank fraud scheme that left hundreds of small businesses across the country scrambling. Visa Partner Launch Eyes $17T Digital Payments Opportunity For FinTechs.

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Fraud Fintech District of Columbia Payments 116

PYMNTS

NOVEMBER 25, 2018

Venmo , the digital money transfer service owned by PayPal , suffered payments fraud earlier in 2018 that played a role in the company posting losses that were higher than forecasted for the first quarter of this year. Keeping hackers at bay has long been a problem for banks and FinTechs. We cannot let that happen.”

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Fraud Payments Report Branding 222

PYMNTS

AUGUST 21, 2020

Robinhood’s $200 million fundraise this week may be the talk of the FinTech town, but B2B FinTechs saw their fair share of fresh investments, too. 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. In the U.K.,

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Fintech Austin Capital Fraud 154

PYMNTS

DECEMBER 19, 2019

An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. 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. In the U.K., billion for small businesses alone.

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Fraud Payments Security Fintech 104

PYMNTS

SEPTEMBER 17, 2019

Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and fraudsters have been reluctant to abandon the scheme as this year progresses. Fraudsters made off with account numbers and other personal details, which could later be used for different synthetic identity fraud or related schemes. market debut.

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PYMNTS

JUNE 23, 2017

We break down all the B2B FinTech funding rounds below. ’s AimBrain deploys biometric authentication technology to combat fraud for FinTechs and financial institutions. is TrueLayer, which provides a developer platform for FinTechs to streamline access to bank APIs that are PSD2 compliant. EaseCentral.

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Fintech Marketing New York City Capital 171

PYMNTS

MAY 23, 2019

To that end, Jessica Moran, general manager of Paymode-X Business Solutions at Bottomline Technologies , noted the continued (and accelerating) collaboration between banks and FinTech firms. I cannot remember the last time we had a conversation with a corporate who didn’t say, ‘Oh yeah, you know, I experienced check fraud.’

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Fintech Fraud Technology Innovation 191

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. The world needs a FinTech operating system.”. He also cited “banks’ aversion to taking on risk and fraud” in a proactive manner that leads them to create and promote new card offerings.

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System Operations Fintech Taxes 258

PYMNTS

AUGUST 14, 2020

There’s been no shortage of big payments and FinTech announcements over the past few days, such as Apple ’s bundle bet, Goldman Sachs ’ move to bid on the General Motors credit card or Square ’s decision to test small-dollar, short-term loans. Birnbaum noted that many FinTechs benefited from facilitating the U.S.

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PYMNTS

JUNE 5, 2020

Financial Institutions (FIs) that adopt open banking allow third parties like FinTechs to integrate with their application programming interfaces (APIs) to provide personalized financial management and payment apps that draw on bank customers’ data. We need to manage risk appropriately, but open banking is a good thing,” Davies said.

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Security Fintech Data Fraud 174

PYMNTS

MAY 25, 2020

Department of Justice’s first case of alleged PPP fraud, small businesses quickly came to realize that government relief will not be the silver bullet they need to survive the market downturn. FinTech Eases The Business Model Shift. Even the B2B arena is facing pressure to switch gears and collaborate with FinTechs.

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Maine Fintech Fraud Marketing 151

PYMNTS

MARCH 27, 2020

In a recent report, CrunchBase looked back at how VC investors reacted to the market downturn over a decade ago. companies, including $75 million landing at one FinTech looking to bolster small business credit card payment adoption. FInTech that raised $75 million in Series D funding for its small business credit card technology.

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Cards Fintech Capital California 181

PYMNTS

SEPTEMBER 19, 2019

This has become a larger problem for FIs as they must not only deal with protecting customers from fraud, but also guard against bad actors armed with 4.1 Account opening fraud is a favorite tactic among such cybercriminals, many of whom rely on these credentials to pose as legitimate customers. billion stolen credentials.

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Fraud Data Mobile Tools 144

BankNXT

DECEMBER 14, 2017

Vaishali Naroola looks at the reasons why fintech is doing so well in emerging markets. Fintech in emerging markets on BankNXT.

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Fintech Marketing Trends Fraud 88

PYMNTS

NOVEMBER 14, 2017

A new report by business banking market research and analysis firm East & Partners suggests corporations aren’t opposed to changing banks as a direct result of new FinTech solutions businesses want to use. East & Partners found regional trends in corporate treasurers’ demand for FinTech solutions, too.

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Tools Fintech Survey Analysis 179

PYMNTS

JANUARY 17, 2020

In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check fraud spiked 43 percent. Alphabet Market Cap Hits $1T. Google’s parent company, Alphabet, reached $1 trillion market value, joining Apple, Amazon and Microsoft in hitting the milestone.

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Marketing Fraud Payments Apple 130

PYMNTS

MAY 22, 2019

Faced with a growing number of transactions to process in real time, payment service providers (PSPs), financial institutions (FIs) and FinTech firms also need to make sure the security of these smarter payment systems is up to par. Regulators in Ghana and Uganda are exploring changes to their remittance rules to keep payments secure.

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Fraud Payments Regulation Security 180

PYMNTS

MARCH 10, 2020

In today’s top payment news, retail remains a bright spot in the markets, Ant Financial has rolled out a strategy for digital evolution in China, and the Consumer Financial Protection Bureau (CFPB) filed a suit against a Cincinnati-based bank. The stock market rout on Monday (March 9) left pretty much no one unaffected.

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Strategy Retail Marketing Payments 197

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. based B2B software-as-a-service and data solutions provider focusing on supporting corporates’ compliance and anti-fraud efforts.

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Fintech Capital Security Fraud 188

PYMNTS

SEPTEMBER 19, 2017

There’s one thing banks and FinTechs can agree on: Those old-fashioned merchant onboarding processes take way too long. But nimble FinTechs have been able to move much faster to address that compared to their lumbering legacy competitors, and that has often left traditional banks to watch as merchants turned to the FinTechs instead.

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Fintech Fraud Regional Mobile 177

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS).

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Fraud Technology social media Innovation 52

PYMNTS

JUNE 6, 2019

Business consultancy CGI has announced a collaboration with invoice payments FinTech Ordo to develop a service that combats fraud for both payers and payees. A key focus of the collaboration is fraud and data security, the firms noted. CGI and Ordo are focusing on transparency throughout the invoice payment process.

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Fraud Payments Security Data 122

PYMNTS

JUNE 21, 2019

Finding Friendly Ground With FinTech Firms. That is a big revelation — fundamentally, it means that when people are planning their future, saving for retirement or planning a loan for a home, they are willing to trust that to a FinTech simply because of ease of use and access,” she said.

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Fintech Fraud Data ATM 163

PYMNTS

DECEMBER 12, 2018

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Digital Demand.

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Fintech Mobile Analysis Technology 211

PYMNTS

DECEMBER 11, 2020

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. The FinTech as a Service launched Tuesday (Dec. Platform companies are coming to market with increasing frequency. million in consumer losses.

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Trends Fraud Millennials Community Bank 175

PYMNTS

DECEMBER 6, 2018

Such a scenario stands as a terrifying example of not only the sophistication of criminals, but also the threat of fraud in a real-time payments environment. Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. . – Holistic Defense.

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Fraud Payments Security Cyber Security 133