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The “Dirty Dozen” list of tax scams released by the IRS this year reads less like a seasonal advisory and more like a snapshot of a rapidly professionalizing fraud economy.
The tax agency wants small and medium-sized business (SMB) owners to know that criminals are increasingly targeting entrepreneurs, independent contractors and startups with schemes designed to steal data, trigger...
Citigroup has reportedly reduced its 12-month forecast for bitcoin and ethereum.
The downgrade is due in part to slow progress on cryptocurrency legislation in the U.S., Reuters reported Tuesday (March. 17).
Movement on the crypto market structure legislation known as the Clarity Act has stalled in the Senate amid disagreement over stablecoin rules, leading Citi to lower its 12-month...
The Securities and Exchange Commission (SEC) is seeking a new enforcement director.
The regulator announced Monday (March 16) that Judge Margaret Ryan had stepped down as director of the Division of Enforcement.
Principal Deputy Director Sam Waldon will now serve as the division’s acting director, with the SEC expecting to announce a new permanent enforcement director in the coming...
Amazon says it has begun offering one-hour and three-hour delivery options in the U.S.
The new service, announced Tuesday (March 17), comes as the eCommerce giant looks to fend off competition in the delivery space from main rival Walmart.
“Our customers are busier than ever and are looking for new ways to save time while keeping their households running,” Udit Madan, senior vice...
Reviews website Trustpilot is reportedly seeking partnerships with eCommerce giants amid the rise of AI-powered shopping.
“If you imagine AI agents are out there doing the shopping, they want to know as much as possible about different businesses, and the best AI agents will be the ones that use the kind of data that Trustpilot has,” CEO Adrian Blair said in an interview with Bloomberg...
OpenAI reportedly wants to pause its “side quests” to focus on coding and business users.
Fidji Simo, the artificial intelligence (AI) startup’s CEO of applications, previewed the company’s new strategy in a recent “all-hands” meeting with employees, the Wall Street Journal (WSJ) reported Monday (March 16).
“We cannot miss this moment because we are distracted by side quests,” Simo...
Watch more: What’s Next in Payments With FIS’ Christine Hurtubise
Artificial intelligence is altering the mechanics of digital identity, forcing financial institutions to reconsider long-standing assumptions about how a customer proves that a transaction is legitimate.
Tools capable of replicating voices, images and behavioral patterns are increasingly accessible. As a result, identity...
Watch more: What’s Next in Payments With Trulioo’s Zac Cohen
Artificial intelligence is rendering traditional digital identity verification toothless.
The next wave of AI-powered cyberattacks are already here, and they’re arriving with synthetic faces, voices, devices and behavioral signals that can mimic legitimate users down to keystroke cadence and device posture.
“When you can do...
Young consumers in the United States are doing more than ever to stay afloat, but new data shows that effort alone is no longer restoring their sense of control.
“Generations Under Pressure: How Younger Consumers Are Coping With Higher Living Costs,” the February installment of the PYMNTS Intelligence Generational Pulse Report, was based on a survey of 2,747 U.S. consumers conducted in...
Consumers are becoming far more deliberate about how they use Pay Later tools, assigning each payment option a specific role in managing their finances. The emerging pattern suggests that speed, credit strategy and liquidity are no longer competing ideas in the Pay Later market. They are becoming separate use cases.
That shift appears in “Speed vs. Strategy: How Consumers Choose...