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Tax Season Adds Extra Fraud Weight For SMBs

PYMNTS

According to the latest research from Bottomline Technologies, businesses said the fraud threat is on the rise. Meanwhile, Forbes reported separate analysis from North Carolina State University warning that as pressure mounts for chief financial officers to hit their financial targets, they’re less likely to report fraud.

Taxes 164
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FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters.

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Today In Payments Around The World: Razer Fintech, Visa Unveil Prepaid Card; SafetyPay Collaborates With LATAM’s Rappi

PYMNTS

In addition, the Razer Card will showcase contactless payment technology that enables cardholders to tap to pay. SafetyPay’s infrastructure allows those who don't have credit cards and consumers who are concerned about fraud to take part in the digital marketplace via bank transfer or cash. through March 2024.

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Today In Payments: Puerto Rico Falls Prey To $4M Online Fraud; India’s Antitrust Investigation Into Amazon, Flipkart On Hold

PYMNTS

In today’s top news, at least four Puerto Rico government agencies were targeted in a $4 million online scam, and India’s court hit pause on their antitrust investigation into Amazon and Flipkart. Puerto Rico Falls Prey To $4M Online Fraud. Also, Flywire raised $120 million and acquired Simplee Healthcare.

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Equifax Names Ex-Mastercard CEO To Its Board

PYMNTS

Prior to Mastercard, he spent 20 years at Citibank, where he held several leadership positions, including managing parts of Citibank’s Consumer Financial Services business in the United States, Brazil, Puerto Rico and the United Kingdom. At the end of 2017, the cost from the data breach stood at $439 million.

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How the Popular Bank Associate Trainee Program sets recent graduates on a career path to success in banking

PopularBank

We worked with a lot of different people to figure this out–the branches, Miami and Puerto Rico offices and outside information as well. The connections you make across different teams in Popular throughout New York, Miami and Puerto Rico are very helpful. What was the best part of the program? Meet Andrew Dziedzic.

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Surprise Edition: Amex, Hackers And Starbucks E-Commerce Sign-Off

PYMNTS

Two American Express banking subsidiaries have found themselves on the wrong side of the CFPB’s fining pen for discriminating against consumers in Puerto Rico, the U.S. American Express discriminated against consumers in Puerto Rico and the U.S. American Express’ $96M Discrimination Problem. Virgin Islands and other U.S.