ClickCease

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

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
Read the article: Prove Pre-Fill® Now Available on Temenos Exchange, Delivering Seamless Onboarding to Banks Worldwide
Company News
Prove Pre-Fill® Now Available on Temenos Exchange, Delivering Seamless Onboarding to Banks Worldwide

Prove Pre-Fill® integrates with Temenos Exchange to give banks worldwide seamless, faster customer onboarding and dramatically reduce fraud.

Company News
Read the article: Biometric Update: Prove Unveils Identity Layers to Secure AI Agent Transactions
Company News
Biometric Update: Prove Unveils Identity Layers to Secure AI Agent Transactions

Prove has launched Prove Verified Agent, a new identity and trust solution tailored to the emerging $1.7 trillion agentic commerce economy. Prove Verified Agent binds verified identity, intent, payment credentials and consent into a single, auditable transaction unit.

Company News
Read the article: Prove Launches Verified Agent Solution to Secure the $1.7 Trillion Agentic Commerce Revolution
Company News
Prove Launches Verified Agent Solution to Secure the $1.7 Trillion Agentic Commerce Revolution

Prove launches Prove Verified Agent to secure the emerging $1.7 trillion agentic commerce market. This solution provides a new trust framework by cryptographically binding verified identity, intent, payment credentials, and consent for autonomous agents. Learn how Prove's frontier digital identity framework enables safe, scalable, and fraud-resistant agent-driven transactions.

Company News