Fraud Prevention

Cashless NYC: Convenience and Challenges of Digital Payments
Digital Banking & Payments Cashless NYC: Convenience and Challenges of Digital Payments

In the bustling streets of New York City, a quiet revolution has been reshaping how residents and visitors handle everyday transactions, moving away from crumpled bills and loose change to the swift tap of a card or smartphone. This shift toward digital payments, accelerated by technological

How Does PNC Bank Enhance Payments with Extend's Tech?
Digital Banking & Payments How Does PNC Bank Enhance Payments with Extend's Tech?

I’m thrilled to sit down with Kofi Ndaikate, a renowned expert in the fintech space whose deep knowledge of blockchain, cryptocurrency, and financial regulations has made him a sought-after voice in the industry. Today, we’re diving into the exciting partnership between PNC Bank and Extend, a

Afterpay Faces Rising Self-Pay Fraud in BNPL Services
Digital Banking & Payments Afterpay Faces Rising Self-Pay Fraud in BNPL Services

Unveiling a Critical Challenge in BNPL Growth The buy now, pay later (BNPL) sector has exploded in popularity, reshaping consumer spending with its promise of flexibility and instant gratification, but a shadowy threat looms large over this fintech success story, threatening its long-term

Kazakhstan Intensifies Crackdown on Financial Crime and Crypto
Regulatory & Compliance Kazakhstan Intensifies Crackdown on Financial Crime and Crypto

Central Asia's Financial Battleground: Setting the Stage Kazakhstan, a pivotal economic hub in Central Asia, is grappling with a staggering challenge: a shadow economy that undermines its financial stability and global reputation. With illicit activities ranging from money laundering to

Why Did JPMorgan Face a Record €45M Fine in Germany?
Regulatory & Compliance Why Did JPMorgan Face a Record €45M Fine in Germany?

In a striking move that has sent ripples through the financial sector, Germany's financial watchdog, BaFin, has levied an unprecedented €45 million fine on the Frankfurt-based subsidiary of JPMorgan Chase & Co. for significant lapses in its anti-money-laundering (AML) systems, highlighting the

Toast Explores Checkout-Free Dining with Eat-and-Run Tech
Digital Banking & Payments Toast Explores Checkout-Free Dining with Eat-and-Run Tech

Diving into the Future of Dining Transactions In an era where convenience reigns supreme, the hospitality industry stands at a pivotal crossroads with over 156,000 restaurant locations globally already leveraging digital tools for efficiency, and Boston-based Toast, a titan in restaurant software

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