PYMNTS

JUNE 29, 2020

Connie Ngo , CertiK’s marketing manager, told CoinDesk in an email that the companies agreed “it would make sense to formally partner with one another as a public promise of Hdac’s focus on security and a symbol of CertiK’s ability to support larger enterprise-level solutions such as Hdac’s.”

blockchain 168

blockchain Security Bitcoin Boston 168

PYMNTS

NOVEMBER 4, 2019

In the company’s ongoing efforts to prevent fraud on its site, Amazon announced a new program, Intellectual Property Accelerator, last month to help sellers make sure their products won’t be copied or counterfeited. According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017.

Fraud 124

Fraud Retail Online Study 124

PYMNTS

OCTOBER 19, 2018

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. At the least, it won’t get any better — not according to any anti-fraud expert who is worth their rate. million fraud crimes in 2017, Trilli said, and $22.1 In the U.S.,

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PYMNTS

MARCH 3, 2020

The Supreme Court on Tuesday (March 3), possibly inched closer to a decision that would allow the Securities and Exchange Commission (SEC) to recoup money from fraudsters, according to a report from the Associated Press. Rapawy said most of the money was used for property development and for marketing. The highest court in the U.S.

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PYMNTS

MARCH 3, 2020

The Supreme Court on Tuesday (March 3), possibly inched closer to a decision that would allow the Securities and Exchange Commission (SEC) to recoup money from fraudsters, according to a report from the Associated Press. Rapawy said most of the money was used for property development and for marketing. The highest court in the U.S.

Fraud 130

Fraud Florida California Security 130

PYMNTS

JULY 16, 2019

Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by CNBC. In a K-8 filing, KeyCorp, which is based in Cleveland, said the fraud involved a “business customer” and that it was discovered “on or about” July 9. Shares fell on the news.

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PYMNTS

DECEMBER 12, 2019

The China Securities Regulatory Commission , China’s security watchdog, is setting up a technology regulation bureau and will announce Yao Qian as its new department chief, the Chinese business publication Caijing said on Wednesday (Dec. 11), as reported by Coindesk.

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PYMNTS

AUGUST 18, 2017

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.”. There’s never ‘too much’ security,” Grant said.

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Chris Skinner

JULY 8, 2017

Nevertheless, from a financial markets point of view, it’s a fascinating place. Plan to put a mini computer screen on bank cards – Daily Mail Customers may soon be offered bank cards with a security code that changes by the hour in a bid to tackle fraud.

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PYMNTS

FEBRUARY 21, 2020

These taxi medallions were marketed as a pathway to the American Dream, but instead became a trapdoor of despair for medallion owners harmed by the TLC’s unlawful practices,” she added. . The TLC had said medallions were investments “with greater returns than the stock market,” a statement from the attorney general’s office alleges.

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PYMNTS

DECEMBER 29, 2016

So, what can corporates expect from their banks in 2017? It’s difficult to determine the health of the corporate banking space across the world, however, with researchers finding varying degrees of success and failures depending on geographical market. Fraud Prevention Remains Paramount. FinTech Continues Its Disruption.

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Security Fintech Boston Fraud 181

PYMNTS

JUNE 24, 2020

Within days, Braun, 50, was arrested on charges of accounting fraud and market manipulation. Neil Campling, an analyst at Mirabaud Securities, told CNBC that the transaction was structured in such a way that SoftBank took no financial risk. billion euros ($2.1 A KPMG audit was conducted for Wirecard last fall.

Fraud 262

Fraud Groups Report Security 262

PYMNTS

JUNE 25, 2020

Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour in 2019 for a total annual cost of $1.45 million such attacks aimed at APIs between December 2017 and November 2019. Building Consumer Trust With Open Banking Security.

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PYMNTS

JANUARY 31, 2019

NACHA recently released new figures on ACH network volume, revealing earlier this week that Same-Day ACH volume grew 46 percent between Q4 2017 and Q4 2018, surpassing 50 million transactions for the first time. Accelerated payments are taking off in several markets around the world, and NACHA’s latest figures demonstrate U.S.

Fraud 182

Fraud Payments Compliance Regulation 182

PYMNTS

SEPTEMBER 17, 2020

The site reported that 1,932 BTMs were in the world in December 2017, while there were 4,009 by the close of 2018. But they have grown in popularity in markets that are not stable. Department of Homeland Security is running a contest for the development of a digital wallet, CoinDesk reported.

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Bitcoin ATM Security cryptocurrency 178

PYMNTS

FEBRUARY 9, 2017

With more than $15 trillion in the stock market, improving the liquidity of investments is seen by many financial professionals as an essential step toward greater efficiency and reduced risk. E, and absent Reg E, they had no mechanism to deal with customer allegations of fraud or error. And they have something else in common.

Security 100

Security Risk Management Conference Industry 100

PYMNTS

MAY 8, 2019

PYMNTS readers might recall that late last year, FreightRover secured $500 million in financing to fuel its factoring operations, with the capital coming from Crayhill Capital Management. Williams reportedly was president of a Celadon subsidiary called Quality Companies during the period of alleged fraud. Fraud Allegations.

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Fraud Report Indianapolis Leadership 135

NCR

DECEMBER 27, 2017

As December draws to a close, it’s time to look back on the biggest headlines and defining themes of 2017 for the financial services industry. The humble ATM celebrated its 50 th birthday in June 2017. For many financial institutions (FIs), preparing for the EU’s PSD2 regulation has been priority number one in 2017.

ATM 76

ATM Fraud Industry Security 76

PYMNTS

FEBRUARY 21, 2020

trillion by 2020, but new sales channels also invite emerging fraud forms. More than $1 trillion is expected to be spent on cybersecurity solutions worldwide between 2017 and 2021 as companies address the need for protections and make major investments in digital fraud-fighting techniques. The Sizable Online Fraud Threat.

Customer Experience 152

Customer Experience Fraud Millennials Online 152

PYMNTS

JULY 17, 2017

Fraud isn’t perpetrated by a random assortment of individuals; it’s organized crime. It’s “fraud as a Service.” It’s a very unfair match, if you ask Skye Spear, VP of eCommerce fraud-fighting firm Signifyd. “I percent in Q1 2017. Classic fraud deflection is rules-based. Fraud is dynamic. It’s a business.

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PYMNTS

JULY 31, 2020

The revelations came shortly after Luckin was listed on the NASDAQ stock market. Securities and Exchange Commission (SEC) is investigating Luckin, which is domiciled in the Cayman Islands. Securities and Exchange Commission (SEC) is investigating Luckin, which is domiciled in the Cayman Islands.

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Regulation Fraud Report Security 151

PYMNTS

MARCH 9, 2018

Challenged with rising customer expectations and security concerns contact centers around the space are turning to AI to better serve callers.In Cybercrime targeting contact centers more than doubled in 2017, jumping by 113 percent from the year before. Around the Call Center Commerce world.

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PYMNTS

JANUARY 20, 2017

s card-not-present fraud situation may get worse before it gets better. The biggest challenge in combating cyber ransom, Radware’s Global Application & Network Security Report 2016-2017 report noted, is that ransom is not only easy, but also every attack has its own vector, technique or angle.

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Fraud Cards Data Online 100

PYMNTS

NOVEMBER 18, 2020

18), the first time the cryptocurrency has climbed above $18,000 since December 2017, CNBC reported. The company confirmed in the post that while its customer’s assets are secure, personal contact information and encrypted passwords might have been compromised in the attack. “We It fell slightly, hitting 17,542.52 as of 3:39 p.m.

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Bitcoin Report cryptocurrency Security 151

FICO

SEPTEMBER 28, 2020

I’ll be participating in an excellent panel, “ Balancing Fraud Prevention & the Customer Experience ,” at the first virtual edition of CBA LIVE , the must-attend annual event for the retail banking industry. Learn from Fraud-Fighting Superstars. What’s great about virtual conferences is that you can register , today, to attend.

Customer Experience 59

Customer Experience Fraud Strategy Compliance 59

NCR

JULY 28, 2017

This convenience offers many advantages to the consumer, but financial institutions and consumers need to recognize one of the biggest disadvantages of this technological expansion: the increased risk of digital banking fraud. million instances of fraud and two million computer misuse offenses in England and Wales alone. .

Fraud 74

Fraud Digital Banking Survey Security 74

NCR

MARCH 2, 2018

As financial institutions move forward in 2018 faced with an expanding range of potential security threats, one danger that businesses need to be prepared for is account takeover fraud. More than one in nine of all new accounts opened in 2017 were reportedly fraudulent. ” Mounting a response. ” Mounting a response.

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Fraud Strategy Security Data 72

PYMNTS

AUGUST 13, 2019

The Securities and Exchange Commission (SEC) has announced fraud charges against a Brooklyn individual and two of his entities who allegedly engaged in a fraudulent scheme to sell digital securities to investors and to manipulate the market for those securities. million the defendants raised in 2017 and 2018.

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Operations social media Bitcoin Security 115

PYMNTS

AUGUST 29, 2019

Digital fraud continues to be one of the most pressing issues that marketplaces face today. Experts estimate that total fraud losses in 2018 totaled $3.9 Developments Around The Digital Fraud World. Businesses are turning to a variety of solutions to fight fraud, including leveraging blockchain technology.

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PYMNTS

DECEMBER 3, 2020

Australia’s largest cryptocurrency exchange, BTC Markets , revealed in a series of tweets that it had mistakenly revealed its client names and email addresses in an announcement from the company. In addition, there will be an internal review and additional rigor placed around data security and training.”.

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Bitcoin cryptocurrency Strategy Training 141

PYMNTS

MAY 1, 2019

Tether, in turn, has said in the past that its stablecoin is backed in a one-to-one dollar relationship (and those dollars were held in its bank accounts, according to past reports), but now has said in New York court that cash and short-term securities (i.e., not simply dollars) backed roughly four quarters of Tether coins.

Bitcoin 139

Bitcoin Fraud New York cryptocurrency 139

PYMNTS

JULY 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG , the collapsed payments company that is facing a series of criminal allegations. ESMA said they will conclude the inquiry by the end of October.

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Regulation Guidelines Groups Report 141

PYMNTS

JULY 2, 2020

Its auditor, Ernst & Young ( EY ), has said it was the result of a sophisticated global fraud. A Financial Times summary of its customers in 2017 suggested just 100 clients represented more than 50 percent of its real sales, the news outlet said, citing an internal spreadsheet. Wirecard’s trouble can be traced back three years.

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Regulation Fraud Report Community 142

PYMNTS

FEBRUARY 28, 2019

They must also excel at securely handling payments and personal data, while recommending services at the right moment to enhance transactions along the way. Platforms need to pay careful attention to fraud across dozens of markets, meaning the ability to detect and manage fraud will only become more crucial as the sharing economy grows.

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Payments User Experience Training Case Study 183

PYMNTS

MARCH 29, 2019

The scam was first seen in 2017 after fraudsters used Elon Musk, Bill Gates, and Richard Branson to promote their fake campaigns. s national fraud helpline has found that in the 12 months leading up to March 19, investors lost over £15 million ($19 million) to bitcoin scams. In addition, the U.K.’s Crypto.com also had three reports.

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Bitcoin blockchain Fraud cryptocurrency 116

PYMNTS

AUGUST 22, 2019

The Securities and Exchange Commission (SEC) settled with Russia-based ICO Rating for $268,998 to satisfy charges over undisclosed payments received for publicizing companies’ digital asset securities offerings, the SEC said in a press release on Wednesday (Aug. ICO didn’t admit or deny the SEC’s findings. A pair of U.S.

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Payments blockchain Security Analytics 108

PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. In the case of Same Day ACH in the U.S.,

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Payments Fraud Security Data 141