Alipay Gears Up for Travel Surge at Chinese New Year
As the Year of the Snake begins, merchants in China are optimistic about a prosperous Chinese New Year. Payments giant Alipay+ is partnering with merchants to make sure the holiday is both smooth and profitable through special promotions. The holiday is a prime time for tourists to visit China or for émigrés to return home. […]
Money Mules Up the Ante on Fraud, Creating Significant Impacts on Financial Institutions
Criminals are continually looking for ways to circumvent fraud detection systems, and money mules have become a popular vehicle to move illicit funds between accounts. Mules are favored because they are effective—often, they are everyday people, many of whom are already customers of a financial institution who have passed verification checks. Glenn Fratangelo, Head of […]