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Payments Company Owner Gets Jail Time For Debit Fraud

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Gareth David Long, a 41-year-old Las Vegas resident, was sentenced to 70 months in prison for fraud for stealing money from victims’ accounts, the Department of Justice said in a press release. Long pled guilty in November of 2019 to a scheme where he committed wire fraud and aggravated identity theft.

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SaaS Firm CEO Resigns; Layoffs, SEC Investigation Follow

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NS8 , a Las Vegas-based online fraud prevention and detection software maker for small and medium-sized businesses (SMBs), has begun layoffs following the abrupt resignation of its CEO. The Las Vegas Review-Journal reported that Adam Rogas resigned on Sept.

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How US Mobile Leverages Digital Identity To Protect Against SIM Swap Fraud

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Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. Multifactor authentication (MFA) has become commonplace for online accounts, with users confirming their identities via text messages sent to their phones.

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Trulioo On Tweaking The Odds In Favor Of Online Sports Betting

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For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. First, a review and update about the online sports gambling situation in the U.S. Now, at least eight states have some form of legal online sports betting.

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Tech, Global Network Of Merchants Can Combat Ecommerce Fraud

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Emailage, the email risk assessment company, has found that during 2016 $1 billion in fraud was stopped by using technology and a syndicated network of global merchants. When was the last time you opened an account or bought something online without an email address? CNP fraud is on the rise in the U.S. billion in the U.S.

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NEW REPORT: Why Banks Farm Out Mobile Security

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As more Americans reach for their mobile devices when making purchases, providers are looking for new ways to secure smartphones. And, over the course of the past month, several security providers rolled out new mobile phone protections, designed to help provide security in the booming mobile economy. Delivering safe sales.

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Justice Department Announces Three Dozen Indictments In $530M Cyber ID Crime Spree

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“Today’s indictment and arrests mark one of the largest cyber fraud enterprise prosecutions ever undertaken by the Department of Justice,” acting assistant attorney general John Cronan said. In similar news published by ZDNet.com , the group has been charged with nine counts ranging from conspiracy to racketeer to computer crimes.

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