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Today In Payments: NYC Taxi Commission Accused Of Fraud; Apple Considers Letting Users Change Default Apps

PYMNTS

In today’s top payments news, the New York attorney general accused the Taxi and Limousine Commission of drastically inflating the price of taxi medallions, and Apple is debating letting users change their default apps. NYC Taxi Commission Accused Of $810 Million Fraud.

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The Wild Ride Of Mobile Order-Ahead Apps

PYMNTS

Even New York City has now greenlit indoor dining, but the great restaurant sector reset of 2020 is far from finished. When the seesaw stops and COVID cools down, mobile order-ahead (MOA) apps are poised to control a much larger swath of food commerce, with new complexities attending that growth. percent to 45.6

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Global Fraud Trends: What’s Happening and What’s Next?

FICO

Global Fraud Trends: What’s Happening and What’s Next? Here are the highlights from the fraud trends breakout session at FICO World 2022 with a panel of fraud professionals from Brazil, Turkey and North America. A lot has changed since the last pre-pandemic FICO World conference, held in November 2019 in New York City.

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Signifyd Data Shows Fraud Is Actually Declining

PYMNTS

Fraud isn’t perpetrated by a random assortment of individuals; it’s organized crime. It’s “fraud as a Service.” It’s a very unfair match, if you ask Skye Spear, VP of eCommerce fraud-fighting firm Signifyd. “I Good news, of course, but that doesn’t mean the pressure is any less. Classic fraud deflection is rules-based.

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Walmart+, Amazon Pay, and The Battle For The Digital Consumer Top This Week's News

PYMNTS

Hilton To Permanently Close Its Hotel In New York City's Times Square. In a filing with New York’s State Department of Labor, the managing director of the Hilton Times Square said the 44-story hotel will close permanently next month and 200 jobs will be lost. Here’s an inside look at how it works.

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NJ Lawmakers: Brick-And-Mortars Must Accept Cash

PYMNTS

The bill, which is set to go before the full state Senate, excludes retailers inside airports from the cash requirement, as well as sales made online and by telephone or mail. Additional violations would fall under the consumer fraud act, which means retailers could face penalties of up to $20,000. That’s certainly not our aim.”.

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How QSRs Enable Digital Options With Rapid Order-Ahead Growth

PYMNTS

And payments firms are helping restaurants with mobile orders: Square, for instance, is releasing new order management integrations for Square for Restaurants. The release also noted, “Additionally, restaurants will have a simplified look into their in-store, online, and delivery orders all in one unified location.”.

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