‘We Want Klarna at Every Checkout’: How the Collaboration With WorldPay Will Work
From its start as a buy now, pay later service provider, the Swedish fintech Klarna has developed into a comprehensive payment network with sights set on attaining a global scale. The company’s latest push for worldwide growth is a partnership with Worldpay that promises to streamline payment integration for merchants globally. Klarna already processes 2.5 […]
Harnessing Data Power: Elevating B2B Expense Management and Corporate Credit
Tue, Nov 12, 2024 1:00 PM – 2:00 PM EDT Register Now Join us for a Payments Journal webinar on “The Importance of Data for B2B Expense Management and Corporate Credit,” where we explore the pivotal role of data in transforming business operations and strategic financial decisions. This session will delve into how data underpins […]
AI-Powered Scams Cost U.S. Consumers Millions
The number of scams that utilized artificial intelligence doubled in the past year, costing Americans more than $108 million. According to a report from Authority Hacker, nearly half of AI scams resulted in financial losses, with an average loss of $14,600. That success rate was significantly higher than other types of fraud; only 28% of […]
After TikTok’s ‘Glitch’ Craze, Banks Look to Prevent the Next Fraud Fad
Over the summer, some users of the social media app TikTok said they had discovered a “glitch” in the workings of Chase Bank. They found that they could deposit sizable checks into Chase ATMs, then withdraw the money in cash before the bank realized the checking accounts could not cover the amounts. They tended to […]