PYMNTS

JANUARY 8, 2020

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. From there, they used the information to steal customers’ money from their accounts.

San Diego 130

San Diego Cards New Jersey Massachusetts 130

PYMNTS

MAY 27, 2016

The weather in Boston – and it’s about darn time. I was reminded yesterday in my digital discussion with the CEO of Forter, Michael Reitblat, that 83 percent of the fraud attacks last year were the result of botnets, besting some of the more “tried and true” tactics like account takeovers and phishing. Angela Ahrendts.

Bitcoin 109

Bitcoin Fraud Mobile Apple 109

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." Many financial institutions have been using artificial intelligence (AI) for years, particularly in supporting cybersecurity and anti-fraud efforts. How banks and credit unions use genAI today Short supporting copy.

Examples 195

Examples Fraud Resources Risk Management 195

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Chip card reader for when customers are shopping online to improve security. Verifies the card and pushes that information onto the merchant. The software/platform pieces is the ability to use virtual card numbers. Plus the 1% rewards.

Video 40

Video Mobile social media Analytics 40

Independent Banker

SEPTEMBER 30, 2021

Once, before a holiday weekend, a customer messaged the bank to say that her ATM card wasn’t working. People used to say, ‘It’s not the crime; it’s the cover-up,’” says Seth Berman, a partner at Nutter, McClennen & Fish LLP in Boston. Hill arranged for a banker to call the customer after hours. “I

Community 139

Community Community Bank social media Security 139

William Mills

MAY 9, 2018

HQ: Boston, MA. What if improving security was rewarding for consumers and super simple to do – while the payments ecosystem saw reduced fraud and new revenue opportunities? HQ: Boston, MA. I really like this kind of tech: why use a card with an ATM when you have your mobile banking app on your mobile phone?

Security 40

Security Samsung Strategy San Jose 40