PYMNTS

AUGUST 26, 2019

Each of the defendants has been charged with “conspiracy to commit fraud, conspiracy to launder money, and aggravated identity theft,” according to the complaint and reports said other defendants also face fraud and money laundering charges. She worked for De Niro from 2008 until her resignation in April.

Fraud 145

Fraud Online Portland Los Angeles 145

PYMNTS

AUGUST 3, 2017

Back in 2004, fraud was on the rise globally. Digital fraud was a new beast, and people didn’t know any better than to be tricked by phishing emails that today would raise red flags for even the most technologically illiterate consumers — sketchy email addresses, poor grammar and those classic sob stories from Nigerian princes, to name a few.

Fraud 123

Fraud Payments Security Data 123

PYMNTS

JUNE 22, 2017

Fighting fraud is a lot harder online, and a lot harder for merchants and consumers, as card-not-present transactions become the preferred method of malfeasance. In one recent announcement, payments provider TSYS and real-time learning technology platform Featurespace said they were joining forces to offer fraud prevention tools.

Fraud 162

Fraud Tools Cards Online 162

BankInovation

JULY 13, 2022

As part of the British multinational aerospace and defense company BAE Systems, London-based NetReveal delivered positive financial performance after BAE acquired the company in 2008, Mike Foster, […].

System 96

System Fraud Software Company 96

PYMNTS

SEPTEMBER 14, 2016

ACI Worldwide advises that, as the world moves toward immediate payment ecosystems, a holistic view of the transaction, with layered controls from origination to the application of real-time rules, is the only way to push the pedal to the metal on faster payments and put the brakes on fraud. million in 2008 and then to £59.7

Fraud 100

Fraud Payments Customer Experience Exercises 100

PYMNTS

JANUARY 15, 2021

It also said the bank’s Check Cashing Group admitted that it failed to file thousands of suspicious activity reports (SARs) as well as thousands of Currency Transaction Reports (CTRs) from 2008 to 2014. The statement from FinCEN said Capital One established the Check Cashing Group as a business unit within its commercial bank in 2008.

Capital 268

Capital New Jersey Groups New York 268

PYMNTS

MAY 9, 2016

Though the industry knew it was coming, the sharp migration of fraud from in-store to online channels with the growing adoption of EMV is still enough to keep any online merchant up at night. The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent. contact-form-7].

Fraud 100

Fraud Online United States Cyber Security 100

Perficient

AUGUST 16, 2023

He was promoted to President and CEO in 2008. Shan Hanes, who served as the bank’s President and CEO until its closure, joined the firm in 1993 as an agricultural loan officer and Informational Technology Officer.

United States 221

United States Kansas FDIC Risk Management 221

PYMNTS

OCTOBER 2, 2019

He is accused of setting up and operating Darkode, a black marketplace that operated between 2008 and 2013, as well as creating and deploying Mariposa, one of the largest botnets. And Samsung-backed Blocko is now in the UAE after it secured funding in Asia Pacific and Europe.

blockchain 145

blockchain Security Bitcoin United States 145

PYMNTS

APRIL 7, 2020

A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime securities prior to the Great Recession, according to a report in Reuters. Securities and Exchange Commission (SEC) investigation.

Arkansas 200

Arkansas Security Fraud Management 200

PYMNTS

SEPTEMBER 30, 2016

Fraudsters have been causing problems for retailers over the past four quarters, leading to a 137 percent jump in fraud attacks and affecting $7 out of every $100 made in retail sales, according to the latest PYMNTS.com Global Fraud Attack Index. The collaborative study with Forter measures the rate of fraud attempts made on U.S.

Fraud 100

Fraud Data Cyber Security Study 100

PYMNTS

MAY 23, 2017

In the latest Data Drivers, Uri Rivner, head of Cyber Strategy and vice president of Business Development at BioCatch , stated that as countries around the world embrace faster payments, they may do well to heed some sobering statistics on fraud gleaned from the United Kingdom’s own experience. Data Point One: 300 Percent. In the U.K.,

Fraud 101

Fraud Payments Data Cards 101

PYMNTS

OCTOBER 20, 2016

3D Secure 2.0 ’s Built around the increasing popularity of mobile commerce, 3D Secure 2.0 On Wednesday, November 2nd at 1:00 PM (EST) join ecommerce advisors James Rendell, CA Technologies ; Paul Baker, Mastercard ; and Karen Webster, Market Platform Dynamics for a live digital discussion surrounding 3D Secure 2.0. Paul Baker.

Security 100

Security CA Cards Strategy 100

PYMNTS

JULY 16, 2020

The people warning BaFin about Wirecard’s potential fraud and money laundering activity included investors, U.S. In another instance, two short sellers accused Wirecard in 2016 of participating in money laundering and fraud. authorities, journalists and others in the know about the company, according to WSJ.

Report 169

Report Fraud Regulation Marketing 169

PYMNTS

JANUARY 23, 2019

Four former high-ranking bank officials at Barclays have been accused of hiding 322 million pounds ($420 million) in payments to Qatar in exchange for investing in the bank and cash infusions in 2008, according to a report from Reuters. All four were charged with conspiracy to commit fraud by false representation.

Fraud 115

Fraud Security Marketing Report 115

PYMNTS

SEPTEMBER 9, 2016

With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. The Mountain View, Calif.-based

Fraud 100

Fraud Analytics Data Payments 100

PYMNTS

OCTOBER 15, 2020

The world saw this during the 2008-09 financial crisis, he pointed out, when fraud attempts doubled and, in some cases, tripled. And not only do hard times stimulate fraud, but they also create financial vulnerability among consumers. So, I think there’s a real kind of threat emerging right now.”.

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Company Fraud Compliance Course 243

PYMNTS

SEPTEMBER 20, 2018

The indictment, which was unsealed on Tuesday (September 18) in a federal court in Baltimore, charged the men with conspiracy, wire fraud, identity theft and money laundering. It’s been ten years since the 2008 financial crisis, and it is easy to forget the financial system is one built on trust,” he added. In addition, the U.S.

Baltimore 167

Baltimore Maryland Texas Nevada 167

PYMNTS

OCTOBER 8, 2019

Three former Barclays executives are facing a retrial and accused of participating in a “dishonest mechanism” to pay Qatar extra fees in exchange for emergency fundraising to avoid a bank bailout during the financial crisis in 2008. s Serious Fraud Office (SFO) also originally charged the bank itself, but those charges were jettisoned. .

Fraud 108

Fraud Regional Report Security 108

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. Prevention.

Fraud 40

Fraud Payments St. Louis Security 40

PYMNTS

FEBRUARY 28, 2020

Securities and Exchange Commission filing. Banga has served as CEO since 2008 when he took over the reins shortly following the onset of the financial crisis. How Dropbox Fights Fraud (Digital Fraud Tracker). Securities and Exchange Commission — known as a confidential S-1 — to undertake an initial public offering (IPO).

Fraud 130

Fraud Security Data New York 130

PYMNTS

FEBRUARY 19, 2019

During a fraud trial on Tuesday (Feb. 19), the former chairman of Barclays bank said that Qatar was “not as central” to the bank’s plans to fundraise billions in 2008, according to a report in the Financial Times. We at Barclays did not anticipate how much worse things were going to get,” he said.

Capital 115

Capital Fraud National Marketing 115

PYMNTS

NOVEMBER 10, 2016

Securities and Exchange Commission, the U.K.’s s Serious Fraud Office and the Australian Securities and Investment Commission, to the emails. Rio Tinto told the paper it has been looking into the emails since August and that it has alerted the Department of Justice in the U.S., as well as the U.S.

Payments 115

Payments Fraud Security Groups 115

PYMNTS

DECEMBER 9, 2019

The lawyer was previously convicted in 2016 for attempted fraud involving Anheuser Busch InBev heiress Amicie de Spoelberch, who is the widow of Luka Bailo. The suspicions began in 2008 when a whistleblower leaked information about thousands of clients of HSBC private bank. The lawyer stashed the money in Singapore, Dubai and Monaco.

Comparison 130

Comparison Fraud Report Company 130

PYMNTS

JULY 11, 2018

Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam. To protect himself, he created faulty invoices to trick QVC into paying for his fraud. The fraud happened from 2008 until he was fired in 2013, noted the report. QVC former director James D.

Company 102

Company New York City Fraud Retail 102

PYMNTS

JULY 6, 2020

The challenges that led FinTechs to enter this space after the 2008 financial crisis still persist, however, motivating SMBs to demand their loans from these entities be quick and digital. Marrying the security required by the U.S. The Speed and Security Balance. The SBA is very concerned about fraud.”.

Georgia 147

Georgia Atlanta Tools Lending 147

PYMNTS

JANUARY 30, 2019

The inaugural edition examines how the 2008 financial crisis led to the current state of compliance and regulations, and why many FIs still struggle with standardization. How FrontFundr Keeps Its Investment Platform Fraud-Free. Each edition of the Tracker will include a Deep Dive into the current state of the AML/KYC market.

How To 170

How To blockchain Compliance Regional 170

PYMNTS

JANUARY 24, 2019

A server running an Elasticsearch database contained sensitive data from as far back as 2008 that included loan and mortgage agreements, repayment schedules and other financial and tax documents. The database, which is believed to have been exposed for two weeks, was discovered by independent security researcher Bob Diachenko.

Taxes 155

Taxes New York Security Data 155

PYMNTS

MAY 15, 2019

The bug affects Windows 7, Windows Server 2008, Windows 2003 and Windows XP. This is certainly one to take seriously,” said Chris Coulter, vice president of technology with BlackBerry’s Cylance security group. Windows 10 and Windows 8 users won’t be affected by the flaw, Microsoft said.

Security 115

Security Software National Groups 115

PYMNTS

SEPTEMBER 12, 2019

The latest AMC/KYC Tracker examines current efforts to stop money laundering, fight fraud and improve customer identity authentication in the financial services space. Between 2008 and 2018, approximately $26 billion worth of fines were levied against banks for AML, KYC and sanctions noncompliance. The Cost of Compliance.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

Javelin Strategy & Research

MAY 13, 2014

The clamor for improved security has created a groundswell of support among stakeholders for the EMV transition in the U.S. Based on previous experiences overseas, it is expected that EMV will eliminate counterfeit card fraud, while removing the incentive for criminals to compromise card data from POS merchants. Cards Association).

Fraud 56

Fraud Cards Marketing Data 56

PYMNTS

NOVEMBER 28, 2019

The transactions were carried out via 194 SEB accounts including around 475 million Swedish crowns ($49 million) connected to the so-called Magnitsky affair, named after Russian lawyer Sergei Magnitsky, who was arrested in 2008 after accusing Russian official of tax fraud.

Taxes 108

Taxes Fraud Report US 108

SWBC's LenderHub

JUNE 21, 2021

Regulatory technology, or RegTech, was developed in the wake of the FinTech revolution and has been continuously expanding since the financial crisis of 2008. Experts predict it will rapidly advance the regulatory landscape by offering technological compliance solutions for the highly regulated financial services industry.

Industry 78

Industry Compliance Regulation Technology 78

PYMNTS

JANUARY 7, 2019

Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. for use of biometric data.

Illinois 161

Illinois Google New Hampshire Texas 161

PYMNTS

OCTOBER 17, 2017

So far, only information from the company’s user account database was leaked, which included details like email addresses, usernames and encrypted passwords for accounts that were created between 2008 and November of 2013. Currently, the company said it has found no evidence that there were any unauthorized logins or wrongdoing.

Data 101

Data Security Company System 101

PYMNTS

JUNE 6, 2019

The National Security Agency (NSA) has released an advisory, urging Microsoft Windows administrators and users to make sure they are using a patched and updated system to stay protected against cyber threats. The NSA noted that, while Microsoft has issued a patch, millions of machines could still be vulnerable.

System 101

System Security Software National 101

PYMNTS

JANUARY 23, 2020

The incident was among the biggest scandals in the banking industry since the 2008 crisis. Department of Justice is investigating the matter along with the Securities and Exchange Commission. The OCC’s investigation shows regulators that individuals will be accountable along with the company itself. Aside from the OCC’s probe, the U.S.

Regulation 131

Regulation Community Bank Community Security 131