Klarna picks up $20M From H&M, Apple, Amazon deny Chinese server hacks, Why it’s time to break the AML fraud prevention tech rules

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October 8, 2018

Digital Identity Lifestyle Capsule

NEW DATA: 40 Percent Of Consumers Think Online Security Can Be Better, Faster

When it comes to making sure customers are who they say they are, consumers say they expect invisible authentication and eTailers to pick up that slack. The latest Digital Identity Lifestyle Capsule analyzes over 230 data points to gauge how customers are being authenticated and their satisfaction levels with those methods.

 

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The Monday Conversation

Brighterion CEO: Why It’s Time To Break The AML Fraud Prevention Tech Rules

Sure, the continuing-to-unfold scandal at Danske Bank has been shocking. However, as Akli Adjaoute, founder and CEO of Brighterion, tells Karen Webster, it’s not really surprising. The reality, he says, is that banks worldwide are using costly AML prevention tools that just don’t cut it. Find out what he thinks it’s time for banks to break the AML fraud prevention tech rules.

 

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Security & Fraud

Fake IDs And Fraud’s Other Face

Among the many plots and ploys they ply, fraudsters are prolific producers of fake IDs. In the online world, where one in every 60 transactions is fraudulent, it’s harder than ever for merchants to know if someone is who they claim to be. Kevin Trilli, Onfido’s CPO, tells PYMNTS ahead of Wednesday’s webinar that combining tech and a human touch can stop the bad guys, by facing them down (literally).

 

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B2B Payments

The Roil Over B2B Payments Rails

B2B payments innovators have a lot in common with Warren Buffet: They are each obsessed with rails and have clear points of view on the old rails/new rails debate. Karen Webster says the roil over B2B payments rails was a hot topic of conversation last week at the PYMNTS B2B Payments Summit in NY, which inspired her to weigh in on five topics debated there.

 

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What's Hot


Klarna Gets $20M From H&M To Integrate With Retailer


DHS Believes Apple, Amazon Denials Over Chinese Server Hacks


ShopRunner Buys Fashion Marketplace


NJ Online Gaming Payments Rollout Shows Mixed Results


Investors Warned To Heed Big Bank Regulator Fines


AR Growth Fueled By Chinese Investments


Deliverr Raises $7.1M To Rival Amazon Prime Delivery


CFTC Ups Crypto Regulation In 2018


Curve Aims To Become The ‘Amazon Of Banking’


Bitcoin Daily: Yale Mulls $400M Investment In Crypto; Fortnite Targeted With Bitcoin Wallet Malware


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