PYMNTS

MAY 4, 2016

The Russian national behind global banking malware that was responsible for stealing money from bank accounts across the U.S. Nikita Kuzmin, who created the “Gozi” malware, pled guilty to various computer intrusion and fraud charges back in May 2011, the United States Attorney for the Southern District of New York said in a press release.

United States 100

United States Fraud New York Software 100

Banking 2020

SEPTEMBER 15, 2015

Payment security and speed go hand in hand, according to the Federal Reserve and NACHA. is growing closer to becoming a reality with the formation of a Board Advisory Group that will help NACHA realize its plans to create faster and more secure payments that meet the needs of banking institutions, merchants and many others.

Fraud 40

Fraud Payments St. Louis Security 40

PYMNTS

AUGUST 6, 2018

Wells Fargo , the embattled national bank, disclosed in a Securities and Exchange Commission filing that hundreds of individuals saw their homes in foreclosure because of a glitch in software the company used. According to a report in CNN citing Wells Fargo , software it used denied mortgage modification requests incorrectly.

United States 120

United States Software Taxes National 120

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

OCTOBER 9, 2017

With tough sanctions by the United Nations effectively isolating North Korea from the world, the country’s embassies have been forced to engage in illicit businesses to shore up cash and support their operations. They are always there buying secondhand electronics, toys, dolls, kitchen goods,” Kim said.

New York 100

New York National Report Tools 100

Tomorrow's Transactions

JULY 26, 2016

Earlier in the week I blogged about mobile banking security , and I said that in design terms it is best to assume that the internet is in the hands of your enemies. Anyway, the point is that the internet isn’t secure. I saw Charles Brookson, the head of the GSMA security group, make a very interesting point recently.

Security 30

Security Guidelines Samsung Mobile 30

Jeff For Banks

MARCH 20, 2016

Remember during the depression when the National Housing Act of 1934 created the Federal Housing Administration (FHA). And for fraud without a time limit. In 2007-08, the first asset class impacted was residential mortgages. We don't know. And I suspect we won't know. Until the next time the tide goes out. Perhaps not.

Virginia 60

Virginia Risk Management Capital Comparison 60

PYMNTS

JULY 28, 2016

His co-conspirator is Nazer A-Shekh Mosa aka Mohammed Hasan Haidar, a Syrian national. According to the OECD (Organization for Economic Co-Operation And Development) the value of the international counterfeit good market was around $250 billion in 2007. The alleged criminal also sold $150,000 in fake euros. A third, U.S.-based

New York 100

New York National Groups System 100

Banking 2020

NOVEMBER 17, 2015

It’s been very well documented that fraud tends to shift to the card-not-present (CNP) arena when EMV is introduced in a country. While there is some debate about just how much EMV will be the driver of CNP fraud in the US, it’s still expected to rise significantly over the coming years. Less face-to-face counterfeit fraud.

US 40

US Atlanta Fraud Cards 40

PYMNTS

AUGUST 13, 2018

Last October, in partnership with Ondot Systems , the bank rolled out the enhanced My Mobile Money app so that it now offers two-way fraud alerts for Elan-processed debit cards. Wells Fargo went on to sell at least 73,539 stated income loans between 2005 to 2007. And they almost never go home. So, what did we learn this week?

Data 100

Data ATM Cards Fraud 100

PYMNTS

DECEMBER 15, 2016

14), Aaron pled not guilty to 16 criminal counts, which included securities fraud, conspiracy and hacking. authorities arrested the two Israeli nationals, Gery Shalon and Ziv Orenstein, early last year, while Aaron remained at large in the Ukraine and then Russia until this year. After arriving in New York on Wednesday (Dec.

US 100

US New York Fraud Software 100

CB Insights

JUNE 6, 2019

On the other, you have companies like Earth Class Mail, which despite its large user base went bankrupt during the 2007-08 financial crisis, only to reinvent itself and flourish under new ownership more than a decade later. Julep: M&A doesn’t guarantee ‘synergies’ Founded: 2007. Download the full 25-page report.

Apple 78

Apple Branding Google Company 78

CB Insights

MARCH 6, 2019

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. in funding between 2007 and 2010. Below, we dive into the stories behind 9 of the world’s most notable startup failures. Table of Contents.

Report 78

Report San Francisco Capital New York 78