Fraud Prevention

Judge Rules New York Lawsuit Against Citibank Can Proceed
Judge Rules New York Lawsuit Against Citibank Can Proceed
January 21, 2025  |  Fraud Prevention

Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud. A federal judge rejected...

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Entrust Adds AI-Powered Verification to ID Platform
Entrust Adds AI-Powered Verification to ID Platform
January 21, 2025  |  Authentication

Entrust has added artificial intelligence (AI)-powered verification to its identity-as-a-service (IDaaS) platform. The new offering, announced Tuesday (Jan. 21), is being introduced to respond to...

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Regional Bank Focuses on Delivering a ‘Yes and …’ Customer Experience
Regional Bank Focuses on Delivering a ‘Yes and …’ Customer Experience
January 21, 2025  |  Opinion

Banking must focus on creating secure, fraud-resistant environments while maintaining personal relationships, Tammy Trilli, SVP Commercial Payments at FNBO, writes in a new PYMNTS eBook,...

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Prove Acquires Portabl to Offer Reusable Digital Identities
Prove Acquires Portabl to Offer Reusable Digital Identities
January 15, 2025  |  Identity

Identity verification firm Prove has acquired fellow digital identity company Portabl. The deal, announced Tuesday (Jan. 14), gives Prove access to Portabl’s offerings including the...

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91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud
91% of Mid-Sized Firms Plan to Expand AP Automation to Combat Fraud
January 15, 2025  |  Fraud Prevention

As cybercriminals target more businesses, accounts payable (AP) departments are more vulnerable to fraud. With more than 80% of U.S. companies affected by sophisticated digital...

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How Payments Investigations Can Cement Customers’ Relationships With Banks
How Payments Investigations Can Cement Customers’ Relationships With Banks
January 14, 2025  |  Banking

Untold millions of payments representing trillions of dollars wind their way across the globe each and every day. And for the most part, the funds...

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FIS: Payments Sector Needs New Way of Thinking
FIS: Payments Sector Needs New Way of Thinking
January 14, 2025  |  Opinion

FIS FinTech platform Atelio arose from innovative thinking around embedded finance, FIS EVP and Chief Business Officer Roy Ng writes in a new PYMNTS eBook,...

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Neobanks Navigate SMB Market Potential and Regulatory Risks
Neobanks Navigate SMB Market Potential and Regulatory Risks
January 13, 2025  |  SMBs

Neobanks have gained momentum with the promise of helping consumers shift their financial lives fully online — with digital onboarding, speedier account openings and competitive...

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Bluefin Integrates With Visa Platform Connect to Help Merchants Combat Fraud
Bluefin Integrates With Visa Platform Connect to Help Merchants Combat Fraud
January 13, 2025  |  Partnerships

Payments security provider Bluefin says it has integrated its payment gateway with Visa Platform Connect. The integration, announced Monday (Jan. 13), is designed to provide...

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