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With Terrorists And Scammers Lurking, Is A Crypto Storm Looming?

PYMNTS

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. That’s according to the U.S.

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Today In Data: Holiday Weekend Sales And SMB Lending

PYMNTS

At its peak, holiday shoppers were spending approximately $1 million per minute online to soak up big deals. $3 3 billion | Amount that Amazon Lending has lent to SMBs since the program’s launch in 2011, with borrowers primarily from the U.S., 60 percent | Portion of Singapore’s national spend done through payment cards.

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Halloween Spending Forecast To Break Records

PYMNTS

According the National Retail Federation (NRF), Halloween this year will see record-breaking shopping numbers. percent in 2011. Approximately one-third of consumers will look online for their Halloween inspirations this year, the NRF predicted, while 20 percent will ask their families and 18 percent will troll social media.

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Bitcoin Daily: German Crypto Firm Shuttered After Pyramid Scheme Accusations; People’s Bank Of China Denies Bogus Announcement Of Stablecoin Launch

PYMNTS

Founded in 2011 by Harald Seiz, the firm offered online purchases of “cryptonyzed gold” tokens, offering customers a commission to sign up other “affiliates.” Website DECPAPI.com spotlighted an API with a countdown that showed the national stablecoin would launch on November 20. And the U.S.

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Elder Financial Exploitation During a Pandemic: An Issue We Can’t Forget

Abrigo

Other scams include Medicare/Medicaid fraud using online advertisements for durable medical equipment, or routine products and services that they would normally receive from their physicians but are afraid to go in for an office visit due to the health risk. Ignore online offers for vaccinations. It’s the right thing to do.

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FBI Hot On Syrian Money Laundering Trail

PYMNTS

The Justice Department said on Tuesday (March 22) that it has charged three Syrian nationals — each of them identified as being members (current or former) of the Syrian Electronic Army (SEA) — with counts of hacking and conspiracy. government and a number of international organizations, including media firms.

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FinCEN warns against elder financial exploitation

CFPB Monitor

It highlights new EFE typologies and potential red flags and builds upon a related advisory issued in 2011. Scammers will contact older adults under a fictitious persona via phone call, robocall, text message, email, mail, in-person communication, online dating apps and websites, or social media platforms. Background.