Prove Fraud & Cybercrime Executive Advisor Mary Ann Miller on Business Insider | It's becoming increasingly clear that fintech has a fraud problem
.png)
I recently spoke with Bianca Chan of Business Insider about fintech’s growing fraud problem. This is a topic that continues to rear its ugly head and Chan’s article delves into a recent report alleging widespread fraud on Cash App but also analyzes the fintech industry’s overall fraud problem. As I mention in the article, start-ups have an impetus to grow at breakneck speeds in order to appease investors. Unfortunately, some companies can achieve this growth by cutting corners when it comes to fraud prevention.
Read the full story here.
Keep reading
Read the article: FIDO's Agentic Commerce Blueprint Is a Major Step Forward. Here's What Comes Next.The FIDO Alliance’s new standards for agentic commerce mark a major step toward trusted AI-driven transactions, but they leave a critical question unanswered: how to verify the real identities behind AI agents. This article explores the gaps in AP2 and Verifiable Intent (VI) protocols and why foundational identity infrastructure will determine whether agentic commerce can scale securely.
Read the article: Prove and Velocity Partner to Close the Trust Gap in the Global Stablecoin EconomyProve and Velocity have partnered to bring trusted identity verification to the global stablecoin economy, helping enterprises, banks, and payment providers enable secure, compliant cross-border payments and treasury operations.
Read the article: Spinwheel Launches New Credit Data AI Lab; Announces Prove as Founding Partner to Support Agentic AI Innovation for Financial Institutions and FintechsSpinwheel’s Credit Data AI Lab also integrates with Prove’s industry-leading identity platform to anchor on a foundation of trusted identity.
