ClickCease

Prove Fraud & Cybercrime Executive Advisor Mary Ann Miller on Business Insider | It's becoming increasingly clear that fintech has a fraud problem

Mary Ann Miller
April 5, 2023

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.

Tags:
fraud

Keep reading

See all blogs
Prove Identity Launches Solutions in AWS Marketplace to Elevate Digital Customer Experiences

Prove’s solutions can help businesses make their online customer experiences faster, easier and more secure.

Prove
April 16, 2024
Fortifying Digital Customer Onboarding Against Deepfakes

While the rise of deepfake technology is not totally new, its level of sophistication presents new challenges for businesses seeking to deliver frictionless digital onboarding experiences to their customers.

Bill Fish
April 16, 2024
Prove and BetMGM Partner to Improve and Fortify Digital Identity in Online Gaming

Prove and BetMGM, the sports betting and iGaming leader, have entered into a partnership which will elevate the security standards and user experience for BetMGM customers through the Prove Pre-Fill® identity solution.

Kaushal Ls
April 9, 2024