PYMNTS

JUNE 13, 2017

The recent attack on the Ukrainian power grid should serve as a wake-up call for all those responsible for the security of critical systems around the world,” warns ESET Senior Malware Researcher Anton Cherepanov in the release. This report on cybersecurity comes as Ukraine is becoming more of a hotbed for cyber criminals.

New Jersey 100

New Jersey System Industry Fraud 100

PYMNTS

JUNE 19, 2017

Bertrand was charged with 20 counts of failing to pay federal income taxes, Medicare and Social Security for the company’s employees between 2010 and 2014. Karson said that Soupman’s goal is to keep the company’s soups on grocery shelves across the country and to continue business operations as usual. was about $594,000.

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PYMNTS

JULY 27, 2016

According to the FTC, the operators of the illegal credit card scheme made unauthorized charges on the credit cards and debit cards of victims for internet services they didn’t get. The agency mailed out a first round of checks on June 11, 2009, and the second round on April 9, 2010. Publications, as well as other defendants.

Cards 100

Cards Fraud Operations Report 100

PYMNTS

MAY 19, 2020

The FTC alleged the Utah-based company operated deceptive trial memberships and bogus government grant and money-making schemes in 2010. More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May 18).

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Online Utah Cards Operations 179

PYMNTS

DECEMBER 7, 2016

But however different American Express may be from its founding days, according to Anré Williams, President of Amex Global Merchant Services, there’s one thing that has never changed: Getting things — be they physical goods or digital payments — from point A to point B securely and without issue. The changing commerce landscape.

Fraud 100

Fraud Security Mobile Trends 100

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

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Data How To Community Bank California 91

PYMNTS

NOVEMBER 2, 2016

Shadow Brokers, the group behind the publishing this past August of National Security Agency hacking tools, has posted a new leak that the group said showcases hundreds of organizations the NSA targeted over greater than a decade. It also included the methods behind intelligence operations, noted the report. 22, 2000, and Aug.

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Groups Security Analysis Data 100

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. In 2010, LendingClub added to its war chest with a $24.5 On Friday (Sept.

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Lending Fraud Management San Francisco 135

PYMNTS

SEPTEMBER 4, 2018

In its statement, the company said that it had uncovered “serious shortcomings” in its efforts to conduct customer due diligence at Dutch operations stemming from the period between 2010 to 2016. ING has said that it expects no further fines with the Securities and Exchange Commission.

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Groups Policies Report Security 116

PYMNTS

DECEMBER 8, 2017

The firm reported it had stopped its mining operations for approximately 24 hours as of Thursday (Dec. The attack against NiceHash highlights the digital security issues and risks associated with investment in cyber-based currencies, particularly as they continue to grow in value.

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Bitcoin cryptocurrency Video National 105

PYMNTS

DECEMBER 1, 2016

November 30 began the start of a multinational operation to dismantle a complex, criminal network of worldwide computer servers known as Avalanche,” the statement reads. Avalanche has been operating since at least 2010. The operation involves arrests and searches in five as-of-yet-unnamed countries.

Operations 100

Operations Report Fraud Security 100

PYMNTS

SEPTEMBER 19, 2017

The latest report from Finastra , the FinTech conglomerate recently formed through the merger of Misys and D+H, and financial research firm Celent finds that banks are poised to see a 4 percent growth rate in corporate banking revenue through 2020, double the growth rate seen between 2010 and 2016.

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Innovation Survey blockchain Lending 108

PYMNTS

JUNE 16, 2017

The Federal Trade Commission announced Thursday (June 15) that NetSpend, the operator of a debit card, is providing refunds to settle charges that people couldn’t access their money in their NetSpend accounts. In a release, the government agency said NetSpend is sending notices by email and mail to people who are eligible for a refund.

Cards 109

Cards Marketing Operations Online 109

PYMNTS

MAY 14, 2018

The average model year of a GasBuddy customer is a 2010, and the most popular vehicles on their platform (and in America) remains trucks and SUVs – cars associated with a fair amount of gas consumption. Security, she said, is among them, since card skimming at pump readers is an endemic problem for gas station operators.

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Millennials Operations Mobile Cards 101

PYMNTS

JUNE 12, 2017

First, it can help detect and avert fraud by making trends easier to spot. Zooz also offers secure data storage and protection for consumer information. OL: Ronen Morecki and I founded Zooz in 2010 and launched the company in 2012. PYMNTS: Can you give the history on the founding and launch of the company? We started with $1.5

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Data Retail Software System 136

PYMNTS

JANUARY 7, 2020

If the Iranians do opt to conduct operations (cyber or otherwise), he added, it will partly be to show that the nation is not powerless, and that they are in control of their capabilities and proxies. There’s also the potential for “false flag” operations, he said. In this case, other nations can test their own cyberattacks on the U.S.,

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National United States Operations System 145

PYMNTS

MAY 24, 2016

VirnetX is a somewhat successful patent trolling operation. In 2010, it settled out of court with Microsoft for $200 million and filed a new case against it last year. The plaintiff in the case, VirnetX, was in court with Apple since 2012 and held nearly 80 patents — four of which form the basis of the case against Apple.

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Apple Samsung Video Software 104

PYMNTS

APRIL 27, 2017

AIB said in a statement to Bloomberg that the settlement has to do with issues that happened between July 2010 and July 2014. The bank “fully co-operated with the Central Bank at all stages of this investigation, which has now concluded,” it added.

Compliance 100

Compliance Taxes Regulation Policies 100

PYMNTS

DECEMBER 2, 2016

Hackers have transformed the cybercriminal underworld into a more proficient and digitally-powered environment, which now closely resembles the same business models and operations as legitimate businesses. Once again, we can see how professional the cybercriminal underworld is in their operations,” Chappell added.

Operations 100

Operations Cards Online Industry 100

PYMNTS

MARCH 21, 2017

According to reports out this morning in The Guardian, some of Britain’s best-known banks have processed around $740 million that came care of a massive money laundering operation. The scale of the operation has been the most striking detail for investigators. banks processed over $63.7m. banks and 373 via U.S.

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Compliance Training Operations America 109

PYMNTS

DECEMBER 19, 2018

While most of the special privileges went to big tech companies, the paper noted that Facebook also extended them to online retailers, entertainment website operators, automakers and media firms. The deals, with some dating back to 2010, were active last year — with some still in effect in 2018.

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Data social media New York Apple 127

Jeff For Banks

DECEMBER 12, 2015

If a bank deems a vendor critical to its operation, it must analyze the vendor's financial statements to be confident in its viability. So I went to the Finovate 2010 Best of Show to see where these firms are now. There's the "where are they now" look at Finovate's 2010 Best of Show winners. Bank examiner focus moves in waves.

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Fintech Capital Cards Bitcoin 60

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Fraud prevention tools.

Online 98

Online Company Retail Payments 98

FluentBanking

APRIL 18, 2020

Such limits may be attained in two to three years (2010, 2011 and 2012, respectively) after making the course contents, reading materials, library facilities and coaching facilities available to the candidates.

Regulation 52

Regulation Case Study Security Management 52

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

Fintech Labs Insights

JANUARY 25, 2016

At FinDEVr San Francisco 2015, Nexmo showed how its APIs and SDKs help companies such as Expedia, Zipcar, and Viber increase security, decrease fraud and protect user identity without compromising the user experience. Prior to founding Nexmo in 2010, Jamous worked at Paymo, which was acquired by BOKU in 2009. Nexmo Verify API.

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San Francisco Bitcoin Fraud User Experience 12

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). Meanwhile, the recently released PYMNTS Global Fraud Index , produced in collaboration with Signifyd, found that instances of global fraud increased by 5.5 percent from Q2 2016 to Q2 2017.

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Exercises Resources Industry Cyber Security 119

PYMNTS

NOVEMBER 7, 2018

But it’s worth looking at some of the details that have been illuminated to date, to get a sense of how accounting fraud, rendered through fake documents including invoices and other means, can mean ill-gotten gains that span a significant number of decimal places. These are but a few examples of fraud to the tune of billions of dollars.

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Fraud Examples United States Groups 116

PYMNTS

AUGUST 15, 2019

The “online version of a payments terminal” was how the media portrayed Visa ’s acquisition of CyberSource in 2010. At the turn of the 2010s, online commerce was roughly a tiny 4 percent of all retail sales, but growing at nearly a 15 percent annual clip. And very nascent it was.

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Payments Online Tools Retail 207

PYMNTS

MAY 31, 2018

The actions of the EU over the last several years — the European Commission through decisions and fines and via regulatory fiat in the form of GDPR last week, PSD2 next fall and ePrivacy waiting in the wings — are attempts to create the perfect set of operating rules for businesses, with ample punishments for those who don’t comply.

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Google Regulation Data Innovation 120

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. That July, it banned Holmes from owning or operating a lab for two years. Table of Contents. Powa Technologies. The rise and fall of Theranos.

Report 78

Report San Francisco Capital New York 78

PYMNTS

APRIL 7, 2017

In fact, he noted 2010 marked the year where the number of devices outstripped the number of people and said that gap “will just keep going up and up and up … You can think of that as a ‘threat surface’ that you are dealing with.”. The first big credit card fraud, he said, done by hackers, came in at about $100 million.

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National Georgia Security Innovation 102

CB Insights

JUNE 6, 2019

The company announced it was effectively ceasing operations immediately and filing for Chapter 11 bankruptcy, putting more than 1,100 people out of work overnight. In January 2019, Munchery abruptly ceased all operations, as it informed customers via email. By September 2011, Solyndra’s business model had fallen apart.

Apple 78

Apple Branding Google Company 78

PYMNTS

JULY 31, 2018

In addition, there is increased lawmaker attention to promote innovation among non-bank providers of new payments and payment-related technology, and more consumer concern about online and data security. To do so, regulators should work with FinTech firms on “data sharing, standardization, security and liability issues.”.

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Fintech Security US United States 194

Insights on Business

APRIL 21, 2017

It can detect and halt fraud in milliseconds. When it came on line, the credit card fraud rate in France fell for the first time in a decade. The DOL Fiduciary Rule was set to take effect in April and would expand the “investment advice fiduciary” definition of the Employee Retirement Income Security Act of 1974.

Technology 156

Technology Compliance Regulation Training 156

PYMNTS

JANUARY 6, 2020

A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. The fact that the weekend attack was carried out by a thus-far-unknown group known as the Iran Cyber Security Group Hackers shows that small groups, perhaps even individuals, can have immediate impact. We’re always ready.”

US 131

US Las Vegas Cyber Security Los Angeles 131

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. A most-wanted founder. via Business Insider. Company: ChaCha. via Fortune.

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Capital Company San Francisco Operations 78