PYMNTS

JANUARY 19, 2021

Fraudsters have unfortunately also carefully followed this payment trend, with skimming, prepaid card and ATM fraud all seeing upticks recently — especially in regard to debit transactions. Another study indicated that debit-related fraud is on the rise across the U.S. Around The Next-Gen Debit World. The report noted that U.S.

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Fraud Tools Mobile North Carolina 155

PYMNTS

OCTOBER 15, 2020

The FBI is warning homebuyers to be on the lookout for internet criminals who are sneaking into online conversations between buyers and mortgage companies or other participants in the sale process and providing false instructions that dupe purchasers into wiring funds to the criminals’ accounts, CNBC reported Thursday (Oct.

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Fraud Report America California 162

PYMNTS

NOVEMBER 16, 2020

Multifactor authentication (MFA) has become commonplace for online accounts, with users confirming their identities via text messages sent to their phones. Such security methods can be critical to preventing fraud that targets mobile users, of which one of the most prevalent types is SIM swap fraud.

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PYMNTS

SEPTEMBER 21, 2020

Consumers are using mobile apps’ order-ahead features and loyalty perks more often during the COVID-19 pandemic, yet chargeback fraud — also known as friendly fraud — is unfortunately also rising. A Proactive Approach To Friendly Fraud. Friendly fraud often develops around online promotions at restaurants.

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Fraud Mobile social media Customer Experience 177

PYMNTS

SEPTEMBER 22, 2020

Fraud has soared during the coronavirus, spurred by the massive shift to digital that has left doors open for scammers. In addition, many people were banking online for the first time, and may have been unaware of the warning signs for fraud. .

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Report Fraud California Online 256

PYMNTS

SEPTEMBER 18, 2020

We have deep dives on digital onboarding at universities, subscriptions and quick-service restaurant (QSR) friendly fraud. Epic Games indicated that the California-based tech firm has provided an extension without an end for fans to get into the survival game. Helping QSRs Fight Food Fraud. Top News .

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Fraud Apple California Innovation 141

Current

DECEMBER 9, 2020

California unemployment benefits could help to see you through until your next job arrives. But signing up for California unemployment benefits can seem like a job in and of itself. In 2020, California unemployment benefits were critical for many people. In May 2020, for example, California's unemployment rate was 16.3%.

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California Taxes Online Meeting 52

PYMNTS

DECEMBER 27, 2016

Backpage.com Chief Executive Carl Ferrer, along with two controlling shareholders, are facing fresh charges from California Attorney General Kamala Harris, who last week filed a lawsuit alleging the online media company engaged in pimping and laundering money.

California 101

California Google Report Online 101

PYMNTS

DECEMBER 7, 2017

The state of California’s insurance regulator is aiming to suspend or revoke the insurance licenses from Wells Fargo due to illicit sales practices with an online referral program. The sales were for renters’ insurance and term life policies that are offered by four insurance firms via the referral program.

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California CA Regulation Policies 108

PYMNTS

MAY 12, 2019

According to a report in Reuters citing California Superior Court documents, Terpin won the civil judgment against Nicholas Truglia, who Terpin said was part of the scheme to steal digital tokens from him after gaining access to his mobile phone. That was 70 percent of all the fraud in 2018, reported Reuters, citing CipherTrace.

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Fraud US cryptocurrency California 116

CB Insights

MAY 18, 2021

The company’s team and technology will be integrated into Stripe Radar, its anti-fraud platform. Bouncer : California-based Bouncer is a card-scanning and risk detection technology platform that identifies fraudulent transactions by running automated card authentications. WHO ARE THE PARTIES TO THE DEAL? Want the full post?

Fraud 74

Fraud Cards California Taxes 74

PYMNTS

OCTOBER 23, 2017

If fraud attacks are the flu, then the Equifax data breach was a raging fever: a symptom (albeit a dramatic one) of a larger illness that will almost inevitably infect any organization that hasn’t had its shots. Even at the highest levels of the corporate ecosystem, executives are making the same mistakes as first-time online buyers.

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Fraud San Jose Security Data 133

PYMNTS

MAY 7, 2020

Many are instead flocking to online gambling sites after the closure of all 989 commercial and tribal casino properties in the U.S. However, it can take a long time for online players to collect funds, unlike at casinos, where consumers can instantly collect winnings in cash. Enabling faster disbursement options in the U.S.

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Online New Jersey Pennsylvania Regulation 142

PYMNTS

MARCH 31, 2020

Complaints are stemming from travel and vacation cancellations as well as online shopping issues and government imposter scams. The FTC urges those who have encountered any type of fraud — including fraud related to the ongoing coronavirus crisis — to report it via FTC.gov/complaint ,” the FTC said.

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New Jersey Fraud Florida Texas 175

PYMNTS

SEPTEMBER 4, 2019

In online commerce, though, friction is part of the equation. Financial institutions, she said, had been focused on fighting fraud at the expense of ease of use. Fraud, however, has evolved, too. We’re obviously seeing a lot more fraud going to online and mobile channels. Healthy Friction, Evolving.

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Online Fraud Mobile Data 110

PYMNTS

DECEMBER 5, 2019

The duo allegedly — and with the help of more than a dozen others — worked to deploy malware known as Dridex (aka Cridex and Bugat) and for committing wire and bank fraud. They are connected with a Russian hacking group known as Evil Corp., which has been known to release malware. Losses from those malware deployments came in at $70 million.

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Fraud North Carolina US Nebraska 131

PYMNTS

NOVEMBER 10, 2020

Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. New York-headquartered PAAY, a consumer authentication innovator co-founded in 2011 by James Ruffer and Yitz Mendlowitz, has a new security solution that aims to obliterate hacking and fraud threats.

Security 233

Security New York Atlanta Fraud 233

PYMNTS

JULY 27, 2016

Credit card fraud complaints in the U.S. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. At the state level, the number of credit card fraud complaints were much more pronounced. Across the U.S.,

Fraud 100

Fraud Cards South Dakota West Virginia 100

PYMNTS

JULY 10, 2020

Oakland, California-based issuer processor Marqeta, which is backed by Goldman Sachs, is preparing for an initial public offering (IPO) and seeking out investment banks for advice. Punjab National Bank Faces Third Major Fraud In As Many Years. Also, WhatsApp Business announces QR codes and a catalog service. Valuation In May.

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National Fraud Oakland Payments 130

Independent Banker

OCTOBER 1, 2022

Financial fraud and cyber attacks aren’t a one-age-fits-all scenario. Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Reports about fraud losses: Millennials vs. people 40+. By Katie Kuehner-Hebert. Rehman Khan, Travelers.

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Fraud social media Millennials Examples 133

PYMNTS

DECEMBER 5, 2019

The duo allegedly — and with the help of more than a dozen others — worked to deploy malware known as Dridex (aka Cridex and Bugat) and for committing wire and bank fraud. They are connected with a Russian hacking group known as Evil Corp., which has been known to release malware. Losses from those malware deployments came in at $70 million.

Groups 130

Groups Fraud North Carolina US 130

PYMNTS

SEPTEMBER 29, 2016

One of the unintended consequences in the rise of eCommerce is a related rise in cyberfraud attacks on online shoppers. billion in fraud losses. “We Automated attacks are used in a number of cybercriminal schemes, and they enable certain types of fraud and breaches that really aren’t possible without that level of automation.”.

Online 100

Online Security Fraud Retail 100

PYMNTS

SEPTEMBER 9, 2020

After Epic Games asked a California judge to reinstate Fornite in Apple’s devices, Apple has filed a counter-lawsuit accusing Epic Games of greed and deceit in the fight over the iPhone maker’s App store. But simply enabling consumers to shop online doesn't cut it when they want to pick up and inspect products at physical stores.

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Boston Apple Company Payments 131

PYMNTS

JUNE 29, 2020

Wealthfront , the online investment service firm, has added checking features to its app. The Palo Alto, California startup said the no-fee account is the company’s latest move to build a next-generation banking service that is branchless, automated and optimizes every dollar.

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Fintech California New York ATM 151

PYMNTS

SEPTEMBER 8, 2020

1 million was stolen from the City of Industry via invoice fraud, claims officials in the California city. million was siphoned from one New Zealand business in a scam linked to invoice fraud. million per targeted attack. The average sought in a BEC scam is up from $54,000 in the first quarter of the year. $1

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Company Los Angeles Fraud Data 174

PYMNTS

SEPTEMBER 24, 2020

These considerations are especially important during the ongoing coronavirus pandemic as the wave of legitimate customers now doing their banking online has prompted a corresponding spike in fraud. GDPR has been a blueprint for many online data and privacy regulations rolled out around the world. Answering The Data Question .

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Compliance Fraud Regulation Security 151

PYMNTS

SEPTEMBER 12, 2020

NS8 , a Las Vegas-based online fraud prevention and detection software maker for small and medium-sized businesses (SMBs), has begun layoffs following the abrupt resignation of its CEO. 8) that the Securities and Exchange Commission (SEC) was investigating the company for alleged fraud. “We.

Las Vegas 210

Las Vegas Fraud Software California 210

PYMNTS

DECEMBER 3, 2019

A California college student has filed a lawsuit against TikTok , accusing the viral video service of sending her personal data to its parent company in China, as well as creating an online profile for targeted advertising, without her consent. TikTok’s lighthearted fun comes at a heavy cost.

CA 131

CA Data California Video 131

PYMNTS

SEPTEMBER 2, 2020

Fast Track provides startups, like California-based online payments processor Checkbook, a way to access Visa's growing network with experts who can provide guidance in helping them operate efficiently. “To The card features a one-time use 16-digit number with a pre-determined spending limit that is emailed to the recipient.

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Cards Fintech California Fraud 213

PYMNTS

JULY 19, 2020

Plaid is facing a lawsuit which alleges that it has violated users’ privacy and used customers’ private data in inappropriate manners for years, affecting over 200 million individual accounts, according to a court filing with the northern district of California.

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California Data Software Report 207

PYMNTS

JANUARY 13, 2020

And beginning earlier in the month, new laws seek to tackle “rogue traders and online tricksters,” as denounced in a statement by Vera Jourova, the EU’s commissioner for values and transparency. That applies, too, to online ticket sales. A California CFPB? Penalties in the New Year.

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Data social media Regulation California 131

PYMNTS

NOVEMBER 3, 2020

Lingering economic uncertainty and growing fraud rates in multiple markets are prompting consumers to sharpen their focus on privacy and security. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K. The Pandemic And The Privacy Question . and the EU.

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Study Data Regulation Digital Banking 192

PYMNTS

JANUARY 20, 2019

Pinduoduo , the Chinese Nasdaq-listed Internet marketplace that lets consumers get discounts from merchants, announced Sunday (January 20) that an online collective stole tens of millions of yuan worth of discount vouchers. Reuters , citing Pinduoduo, said the group took advantage of a loophole on the platform to steal the vouchers.

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Apple California Fraud Regulation 148

PYMNTS

JANUARY 8, 2020

By using secret card-reading devices and pinhole cameras at various locations, Rusu and others were able to commit a widespread bank fraud conspiracy that targeted various banks in Massachusetts, New York and New Jersey from August 2014 to November 2016, according to law enforcement.

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San Diego Cards New Jersey Massachusetts 130

PYMNTS

MAY 13, 2019

On March 14, 2019, Boost.com experienced unauthorized online account activity in which an unauthorized person accessed your account through your Boost phone number and Boost.com PIN code,” the company said. Boost did notify the California attorney general, which is required by law if more than 500 people are affected by the same incident.

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Mobile Fraud California Strategy 145

PYMNTS

MARCH 27, 2020

California’s Pathlight announced a $7 million Series A funding round this week for its B2B technology that enables businesses to streamline day-to-day team management operations. Even so, an impressive $114 million was raised by U.S. Arkose Labs. Landing the largest funding round of the week is Plastiq , a U.S.

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Cards Fintech Capital California 181

PYMNTS

SEPTEMBER 8, 2020

The technology update “will help customers get access to funds securely and quickly,” the San Diego, California-based firm said, adding that the new release will give financial institutions (FIs) “even more control over” the mobile deposit feature. The goal is to streamline and automate the onboarding process.

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Mobile San Diego California Survey 130