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Watch more: Monday Conversation With Propel Holdings’ Clive Kinross
Karen Webster didn’t send Clive Kinross the questions ahead of time. So when she asked him, point-blank, whether the FICO score was dying, he hadn’t prepared an answer.
What came out was unscripted. And more revealing for it.
“Our consumers, you can’t score on a FICO basis,” the CEO and co-founder of Propel Holdings...
Watch more: Visa Protect With Visa’s Michele Herron
Check fraud has gained prominence as a measurable source of losses for financial institutions, businesses and consumers. Even as digital payment adoption accelerates, paper continues to circulate through the U.S. banking system at extraordinary scale, preserving structural vulnerabilities that criminals increasingly exploit. According...
Watch more: What’s Next in Payments With Veriff’s Hubert Behaghel
The surge in artificial intelligence-powered fraud has placed identity verification in the spotlight.
Tools capable of generating photorealistic faces, synthetic voices and forged identity documents have lowered the barrier to entry for fraud rings.
As generative AI tools make it easier than ever to fabricate documents,...
Developments in The Prompt Economy over the past few weeks has been moving from retail and infrastructure issues to a focus on financial services. And that focus has resulted in new thinking and use cases for that sector as banks find a place for agentic AI in executing their business models as well as protecting them.
And one of the biggest issues there is in identifying non-human...
A growing share of consumers in the United States are using credit not simply because they have to, but because they see it as a flexible financial tool that can serve different needs at different moments.
That was one of the central findings in the PYMNTS Intelligence report “Credit’s New Reality: Seven Numbers Reshaping the Card Economy,” which explored how consumers approach...
Watch more: What’s Next in Payments With Paymentology’s Tim Joslyn
The “I” in “AI” doesn’t always just stand for intelligence. Increasingly, across the security sector, it can also stand for “Identity.” As in, Artificial Identity.
With AI continuing to blur the line between human and machine behavior, identity verification is entering a new era defined less by passwords and biometrics...
For much of modern banking history, waiting several days for money to arrive was treated as routine. That assumption is eroding.
Instant payments, same-day ACH and digitally initiated cash transfers are changing how quickly money reaches consumers, and expectations are rising alongside those technical advances.
The January PYMNTS Intelligence report “Money Mobility: Who Gets Paid Fast...
Cryptocurrency traders have reportedly made five-minute bets a big business for prediction market platform Polymarket.
As Bloomberg News reported Sunday (March 15), users can now bet on where the price of bitcoin will be within five or 15 minutes.
In a little more than a month, such bets have become some of the busiest on the website, with up to $60 million changing hands each day,...
ServiceNow’s CEO is warning that college graduates could struggle to find work due to artificial intelligence.
Unemployment for new college graduates “could easily go into the mid-30s in the next couple of years,” Bill McDermott, whose company offers an AI platform for employers, said in an interview Friday (March 13) with CNBC.
“So much of the work is going to be done by agents,” So...
Airlines are reportedly seeing a greater share of revenue from co-branded credit cards.
That’s according to a report Friday (March 13) from Reuters, which says this trend is becoming apparent in the way loyalty programs reward travelers.
The report cited examples of changing rewards policies at high-profile airlines such as Delta and United, the latter of which recently said it would...