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Kount, FreedomPay Join Forces To Offer Payments Platform, Fraud Prevention Package

PYMNTS

Fraud protection specialist Kount and Philadelphia-based payments platform FreedomPay are teaming up to offer “an integrated, complete solution to enable international expansion with fraud-free payments and frictionless customer” experiences. Before, they were limited to one or two areas. Today, they’re pretty much everywhere.”.

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Organizations' Fraud Threats Rise This Holiday Season

PYMNTS

This security focus will be even more acute amid the holiday season. Last week, Info Security reported that Philadelphia's largest food bank, Philabundance , lost nearly $1 million due to a BEC attack in which a scammer sent a seemingly legitimate invoice from one of the food bank's construction vendors. Corporate-Facing Fraud.

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Commerce Department Won't Pursue TikTok Shutdown

PYMNTS

District Judge Wendy Beetlestone last month in Philadelphia, she posited that the shutdown “presents a threat to the ‘robust exchange of informational materials’” and would violate the International Emergency Economic Powers Act, which the Trump administration has used so far to pursue legal damages against the company.

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Soda Wars Summer

PYMNTS

The Ad Age story notes that it will also be supported by TV advertising, social media efforts and a summer-long “experiential” tour. The app will also allow users to record a 15-second “digital lip-sync video” that can be shared on social media using the hashtag #ShareaCoke, the brand told Ad Age.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media financial compliance specialist Gremln raised $1.4 HQ: Philadelphia, Pennsylvania. Social media management & compliance for financial institutions . Tags: Enterprise, compliance, social media, regulations, marketing, Finovate alum. One Finovate alum added cash at year-end: .