2016 Cards Security Taxes 
PYMNTS
FEBRUARY 23, 2017
That day is when the IRS hands out tax refund checks from the previous year’s tax filing. In years past, this money was typically spent on things like paying off credit cards, buying new clothes or taking a trip somewhere exotic. Not this year. percent plan to pay down debt. Here’s the breakdown: Everyday expenses.
PYMNTS
OCTOBER 17, 2018
A new report from the Federal Trade Commission (FTC) says that fraudsters are increasingly requesting to be paid with gift cards, with some even asking for certain brands such as Google Play and iTunes gift cards. Google Play cards were not reported in significant numbers until this year.
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PYMNTS
JULY 15, 2019
That fraud spans, among other methods, misuse of government credit cards and procurement payments, reported itnews.com. The report noted there has been an 86 percent increase in fraud investigations done internally, with confirmation of fraud in as many as 75 percent of the cases investigated between 2016 and 2017, according to the report.
PYMNTS
MARCH 10, 2017
Earlier this year, the Treasury Inspector General for Tax Administration reported that there was a reduction in the number of fraudulent tax returns identified between 2013 and 2015. As of February, the number of mentions in 2017 so far was already over 40 percent of the 2016 total. What’s Next In Tax Fraud.
PYMNTS
FEBRUARY 23, 2018
Citigroup disclosed in a filing with the Securities and Exchange Commission (SEC) on Friday (Feb. 23) that it uncovered “methodological issues” with how it calculates credit card interest rates and will offer “remediation” to those customers impacted by such calculations. billion, up from an earlier disclosure of $22 billion.
PYMNTS
JUNE 13, 2019
The Drawbacks of Complex Security. Digital IDs can be protected with common protocols, such as two-factor authentication (2FA), frequent password changes and detailed security questions. AI Solutions for Balancing Security and Convenience. Blockchain-Based Security Methods. More than 4.5
PYMNTS
FEBRUARY 26, 2020
Software developer and Ukrainian native Volodymyr Kvashuk, 25, from Renton, Washington, worked for Microsoft from 2016 to 2018, and was tasked with testing Microsoft’s online retail sales platform. He took advantage of that access to steal currency stored value (CSV) such as digital gift cards that he then resold on the internet. .
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