PYMNTS

DECEMBER 26, 2018

The Securities and Exchange Commission and various state regulators have been investigating more than 90 cryptocurrency cases in which investors lost money. The firm agreed to pay $10 million after FINRA contended it had lapses in compliance for more than five years from January of 2001 until April of 2016.

Compliance 108

Compliance cryptocurrency Regulation Security 108

PYMNTS

JANUARY 12, 2018

Companies often don’t realize they’ve been targeted until they register losses. Companies put a lot of emphasis on security with features like multi-factor authentication, Carter said, but that’s like putting extra deadbolts on the front door while leaving the back door wide open. Vigilant consumers will take note.

Payments 118

Payments Software Mobile Security 118

PYMNTS

FEBRUARY 27, 2017

Capital One Financial disclosed in a Securities and Exchange Commission filing last week that it’s being investigated by the New York District Attorney’s Office, the Justice Department and the Financial Crimes Enforcement Network of the Treasury Department for its anti-money laundering program.

Capital 100

Capital New York Cards Security 100

PYMNTS

AUGUST 1, 2019

The British company knew of the data breach around November 2018, but only now went public with the details, a person familiar with the matter told WSJ. The cyberattack was reported to Pearson by the FBI in March. Pearson said that to its knowledge, none of the exposed student data was misused and that no financial data was accessed.

Data 108

Data Software Capital Report 108

PYMNTS

SEPTEMBER 20, 2017

19) that it took action against Top Notch Funding and two individuals associated with the company. In a press release , the government watchdog contended the company and two individuals lied about loan offerings to consumers who were awaiting payment from settlements in legal cases or from victim-compensation funds. “We

New Jersey 105

New Jersey National Company Payments 105

Abrigo

APRIL 26, 2022

The Financial Crimes Enforcement Network ( FinCEN ) has profiled this global issue by naming corruption one of the eight national security priorities. Securities and Exchange Commission launched investigations into political corruption and started legislative efforts to thwart such acts. 11, 2001, terrorist attacks.

Training 195

Training Regulation System National 195

PYMNTS

MARCH 5, 2018

According to the AP, the Institute for Religious Works reported that Caloia and Luizzo were charged with embezzlement and self-laundering between 2001 and 2008. During that time, the bank disposed of a “considerable” portion of the real estate assets.

Taxes 101

Taxes Report Operations Marketing 101

Fintech Labs Insights

APRIL 12, 2024

I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

NOVEMBER 22, 2017

It doesn’t mask murderous intentions with a calming voice like HAL of “2001: A Space Odyssey.” For instance, AI can detect fraudulent activity with much greater speed and accuracy than the human eye by watching for known fraud patterns and behaviors to flag suspicious transactions. Kaplan gave a few examples of where this is true.

Data 187

Data Branding Cards Mobile 187

PYMNTS

MAY 22, 2017

That depends, says counterterrorism and cybersecurity expert Richard Clarke, on what companies, banks and regulators are willing to learn from the incident. 11, 2001, terrorist attacks. A recent report found financial service companies lose an average of $16.53 The Digital Threat to Commerce.

Regulation 116

Regulation National Online System 116

Banking 2020

JUNE 11, 2015

EMV is intended to replace the magnetic stripe with a more secure chip-based technology. PIN authentication is the most effective approach to maximize fraud protection, however, the authentication method is up to the credit card issuing bank. However, fraud prevention comes at a price. Business Impacts: Card-Present Businesses.

Cards 40

Cards Fraud System Security 40

PYMNTS

OCTOBER 13, 2017

To put it another way, the theme of the fairy tale applies to the transactional world in which we live — getting it all just right and in balance, a crucial concept when it comes to the consumer experience and security in card-not-present (CNP) transactions. The key is to harness those mobile trends, Rendell said, offering up the 3D Secure 2.0

Security 108

Security CA Payments Analytics 108

CB Insights

MAY 23, 2019

Some companies just push their luck a little too far. When that’s happened, some companies survive. 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. The Honest Company not so honest about labeling.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

JUNE 29, 2020

As things now stand, Wirecard is shaping up to be one of the biggest financial frauds in years, drawing at least some comparisons to Enron from decades past. Rapidly ascending stock prices belie optimism that the horizon (and profits) remain clear for companies. Both firms promised to transform their industries. billion euros ($1.46

New York 178

New York Comparison Fraud Cards 178

Bankelele

NOVEMBER 30, 2015

They were at times angry with the Central Bank of Kenya Governor, the shareholders of Imperial Bank, the directors of Imperial Bank, the companies that took illegal loans from the bank, and the auditors of the bank. You could see the depositors frustration with the process over the last month since the closure.

Regional 28

Regional Fraud National Regulation 28

PYMNTS

JANUARY 1, 2021

This all means that the payments individuals expect from the government and corporate entities such as insurance companies must be made with significant speed so individuals can pay their urgent bills. Companies are reexamining their payment tools as they work to more swiftly and seamlessly pay vendors. Approximately 40 percent of U.S.

Trends 259

Trends Video Retail Payments 259

PYMNTS

SEPTEMBER 18, 2017

And, in the case of Equifax, they make that consumer data vulnerable to compromise — an egregious lapse in security for a company that is, above all, an information and data repository. The CFPB’s complaint database also tracked the companies with the highest number of complaints.

Report 202

Report Regulation Data Retail 202

Fintech Labs Insights

MAY 3, 2021

New in April: #32 Linklogis : $7B Chinese supply-chain financing company that went public in April. #60 US-based payments company. US-based payments security provider. US-based insurance lead gen company. US-based fraud specialist. . US-based payments company. US-based payments security provider.

United States 15

United States Fintech US Company 15

CB Insights

NOVEMBER 9, 2017

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. Company: Jawbone. Company: Beepi. Company: Guvera.

Capital 78

Capital Company San Francisco Operations 78