PYMNTS

AUGUST 17, 2018

To that end, a finance platform based in Switzerland, Advanon, has grappled with fraud, as reported by p2p-banking.com. The invoices were then financed by 78 private investors – and the fraud resulted in ill-gotten gains worth about two million euros. Underhanded Doings in the Land Down Under. 1 of 2013 and the end of March 2018.

Fraud 100

Fraud Payments Wisconsin social media 100

PYMNTS

OCTOBER 11, 2017

The San Mateo startup recently announced the addition of a new fraud monitoring module, Tipalti Detect, to help eliminate accounts payable fraud risk. Israch explained the module looks for patterns across the supplier database, analyzing factors such as tax data, contact information and IP address, among other elements.

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PYMNTS

SEPTEMBER 23, 2019

As we noted in the recent Digital Banking Tracker, the CNP fraud has taken a leg down in favor of fraud that looks to snag credit card numbers. Check Fraud, Too. In another example of decidedly low-tech fraud, in Oklahoma, a woman recently sentenced to prison stole $400,000 from her employer through signed paper checks.

Cards 124

Cards Data Florida Fraud 124

PYMNTS

SEPTEMBER 16, 2019

Fighting Against Fraud. To make small businesses’ technology adoption hurdles even taller, Brolin warned of the growing risk of fraud , a threat for which small businesses must always be watching. Fraud, said Brolin, is “one of the biggest challenges” for small business advisers today.

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PYMNTS

DECEMBER 8, 2020

Then of course, there was the fraud problem to contend with. Tech-driven ways, of course. Edwards noted that many checks bounced, and fraud still is a problem. There's very good technology and tools to manage fraud, but the best tools are digital and online.". Said Edwards: "The payments industry is very robust.

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Payments Fraud Taxes Tools 183

PYMNTS

NOVEMBER 4, 2019

This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. The ETA warns that cyber fraud threats are hampering small businesses’ growth opportunities. The ETA warns that cyber fraud threats are hampering small businesses’ growth opportunities.

Fraud 101

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PYMNTS

AUGUST 5, 2019

Fraud comes in many flavors, and a payments-related lawsuit arising from the growing business of legal, recreational marijuana is proof of that point. Technology can help prevent such fraud, particularly that associated with beneficial ownership of company and using shell companies in support of fraudulent activities. The good news?

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Company Payments Fraud Meeting 163

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. The family lived in eastern Kentucky, an area Johnson describes as “fraud central.”

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PYMNTS

JUNE 13, 2019

The transactions between businesses are done on an account-to-account basis, as opposed to using the existing correspondent banking network — which, of course, relies on intermediaries. The tokenization helps sidestep the vulnerabilities to fraud that exist when sending checks, ACH and wire transfers. Mastercard, Too.

Charlotte 189

Charlotte Payments Taxes Compliance 189

PYMNTS

SEPTEMBER 24, 2018

As thousands of businesses have testified and explained in comments to the administration, tariffs are a tax on American families,” reads a recent statement from Matthew Shay, CEO of the trade group. Supporters, of course, say the tariffs will end up helping U.S.-based economy.” The new duties kicked in Monday (Sept. Strong U.S.

Retail 122

Retail Fraud United States Groups 122

Qudos Bank

FEBRUARY 15, 2024

With most banks having fraud protection programs in place, your cards could then be well-monitored for any dubious or fraudulent transactions. Of course, be sure to never leave your bags or valuables unattended and consider keeping your wallet or physical cash in your front pockets wherever possible.

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PYMNTS

DECEMBER 30, 2020

Automating card data collection and processing and single-use virtual cards also reduce the potential for fraud, as staff are never exposed to card data and the scope for storing sensitive card information is eliminated. Competitive Advantage Of STP .

Cards 262

Cards Regional Payments Data 262

PYMNTS

NOVEMBER 9, 2017

In an interview with PYMNTS, KC Fox, VP of Payments, Tax and Fraud at Radial, said that merchants recover chargebacks only about 25 percent of the time. According to Fox, there are firms that simply “do not have the resources for fraud management or chargeback management.

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PYMNTS

FEBRUARY 21, 2019

That’s not so say that everyone involved with mileage reimbursement is a crook (though, of course, mileage fraud does persist). Beyond that, though, using the IRS rate can lead to unnecessary expenses, including tax-related ones, for employers. Mileage Misconceptions. Different Programs.

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PYMNTS

NOVEMBER 16, 2017

It was a nice crash course early on,” Wu said. And the team got another crash course in tax compliance after the first year, when a lack of planning left them scrambling at tax season to hunt down information and vendors — some of whom had since gone out of business. It just took a while to find the right one.

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PYMNTS

JANUARY 8, 2018

Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Good news for consumers avidly awaiting their tax refund for 2018: Credit Karma Tax is rolling out a new product call Earlybird Advance, an online refund advance service. And that was just Tuesday.

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CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Some companies just push their luck a little too far. Total Funding: $1.1B.

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Fraud Las Vegas Company Video 78

Abrigo

MARCH 23, 2017

Either way, with financial statement fraud on the rise, we need to strengthen our skepticism…not weaken it. In fact a report by Cornerstone Research entitled, “Accounting Class Action Filings and Settlements - 2014 Review and Analysis " , shows allegations that accounting fraud surged 47 percent in securities class-action lawsuits over 2013.

Analytics 150

Analytics Technology Data Study 150

PYMNTS

MAY 11, 2018

” Though South Korean authorities raided the exchange due to concerns over fraud, the South Korean Financial Supervisory Service did not reply immediately to a request for comment by CNBC. UPbit services, such as all transactions and withdrawals, are operating normally. Your assets are kept securely in your account.”

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PYMNTS

JANUARY 27, 2020

The general idea, of course, is to buy low and sell high, or, in the words of the report, “quickly flip the most coveted titles, making thousands of dollars in profit and fueling concerns of unsustainable hype. Flip and Profit. games — have reached the six-figure threshold in private sales.”.

Video 226

Video Trends New York Report 226

Tomorrow's Transactions

OCTOBER 5, 2016

A while back, my old chum Ed Conway from Sky TV (better known for his excellent foreword to that noted tome Identity is the New Money , of course) ran a nice story about the British cash paradox. Is card fraud really a barrier to cashlessness? Is this true? But perhaps our American correspondents could enlighten us on this.

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Fraud Cards America US 54

Abrigo

MAY 29, 2019

Does tax season or holiday retail volumes give you more alerts than you can handle with current staffing? The attention of work can change during the course of the contract as the institution’s needs change. Fraud Prevention. Fraud Prevention. What about seasonality with your alerts? We're here to help. Learn More.

Analysis 150

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PYMNTS

NOVEMBER 22, 2019

How Wahlburgers Keeps Fraud Off The Order-Ahead Menu. Isaacson has watched remote sales tax policies unfold since that time in a flurry of new laws that differ by state, and even municipality. Antitrust headlines dominated the regulatory sphere this past week — focused, of course, on marquee names like Google and Facebook.

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South Dakota Google Taxes Branding 108

PYMNTS

APRIL 18, 2017

The alternatives, he said, are PayPal, which is similarly expensive and doesn’t traditionally support the professionals demands of B2B payments, and paper checks that are, of course, riddled with the risk of fraud, make wire an easy choice. Both wire and ACH do a fairly good job at protecting a business against payment fraud.

Company 102

Company Compliance Taxes Fraud 102

CFPB Monitor

JULY 6, 2021

The Priorities, listed according to FinCEN “[i]n no particular order,” are as follows: Corruption; Cybercrime; Domestic and international terrorist financing; Fraud; Transnational criminal organizations; Drug trafficking organizations; Human trafficking and human smuggling; and. None of this is wrong, of course.

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United States Fraud Regulation Compliance 78

PYMNTS

JULY 5, 2019

Of course, too, there have been warnings from companies that cater to the tourism trade — think handbags and hotels, and where Chinese tourism has been hit hard by the trade wars too. Computing tax liabilities will be possibly confusing, amid worldwide, changing exchange rates.

Apple 128

Apple United States Branding Taxes 128

PYMNTS

MARCH 5, 2019

Compliance and regulatory issues remain top of mind, of course, but so does the overall experience of both buyers and sellers. Expectations can differ from region to region regarding timing of payments, taxes, currencies, regulatory differences – and we look at all of those variables.”.

Regional 148

Regional Mobile Security Fraud 148

PYMNTS

MAY 16, 2018

The rest, says Pappano, are going to be scrambling to catch up so they can start to enjoy the potential new tax revenues that legalized gambling can create. Payments will, of course, be central to online gaming and sports wagering. Tax revenue is a powerful motivator. Fraud Isn’t A Problem.

Online 100

Online Fraud Industry New Jersey 100

PYMNTS

JANUARY 16, 2019

The new Digital Identity Tracker looks at how recent investments in a wide range of identity solutions could be put to use, by providing services to refugees, helping government agencies collect taxes and authenticating gig workers on digital hiring platforms. Around The Digital Identity World.

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blockchain Security Data Taxes 139

PYMNTS

DECEMBER 2, 2018

Of course, I would never say that I’m not making mistakes. Late last week federal authorities in Germany raided six offices of Deutsche Bank on Thursday morning (November 29), searching for evidence about money laundering and offshore tax havens. But if I do, I correct them as quickly as possible.”.

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Taxes Course Report US 129

Qudos Bank

MARCH 28, 2023

With most banks having fraud protection programs in place, your cards could then be well-monitored for any dubious or fraudulent transactions. Of course, be sure to never leave your bags or valuables unattended and consider keeping your wallet or physical cash in your front pockets wherever possible.

How To 52

How To ATM Taxes Cards 52

PYMNTS

AUGUST 21, 2018

Depreciation, of course, leads to inflation, inflation to depreciation. Imagine taxes being automatically charged appropriately and immediately on every single financial transaction and transported seamlessly, at no cost, into the tax authority’s crypto wallet,” he projected. The inflation rate in Turkey has topped 15 percent.

Policies 136

Policies blockchain Taxes Bitcoin 136

Abrigo

MARCH 29, 2017

Since leaving public accounting, she has been an internal auditor, a tax preparer and a controller. According to a 2014 report by Cornerstone Research, allegations of accounting fraud surged 47 percent in securities class actions lawsuits in 2013. She's also done forensic accounting and has written extensively on the accounting field.

Analytics 150

Analytics How To eBook Fraud 150

PYMNTS

JANUARY 10, 2019

Platform operators and merchants must conduct due diligence related to everything from intellectual property and tariffs to tax laws and FX rates. One is account takeover — well-documented in this space — and the second type is merchant fraud.

United States 158

United States Regulation Compliance Strategy 158

FICO

FEBRUARY 9, 2021

Whilst some fraud will be carried out quickly, we still expect many of the fraudsters to play the long game, executing so-called data farming scams aimed less at a quick buck than at stealing data that can be used later. Unpaid tax warning - Criminals have come up with a new twist on the unpaid tax scam. Playing the Long Game.

Taxes 52

Taxes Fraud Data Examples 52

PYMNTS

FEBRUARY 15, 2019

The fizzles this week to hand out are, of course, myriad. Then there are the reputational fizzles: Cuomo’s, AOC’s, de Blasio’s and, of course, the city of New York’s. Card-present fraud slides, again: Continued traction is evident in the fight against fraud at the register. There’s the project itself gone.

New York 115

New York New York City Virginia Nashville 115

PYMNTS

JULY 9, 2018

As reported in March, a withholding tax of about 15 percent would apply to gains stemming from sales of digital tokens and cryptocurrencies. For company-specific regulatory news, cryptocurrency startup Ripple , the firm that is synonymous with and creates XRP tokens, has been served a third lawsuit alleging securities fraud.

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cryptocurrency Regulation blockchain Data 101