PYMNTS

NOVEMBER 18, 2020

It can also serve as a powerful tool in restaurants’ fight against fraud, which is becoming an increasingly prevalent issue as bad actors target the flood of customers using digital channels during the COVID-19 pandemic. Payment protection platform Verifi has partnered with digital fraud protection firm Kount Inc. About The Tracker .

Boston 186

Boston Fraud Marketing Mobile 186

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.

Fraud 155

Fraud Tools Mobile North Carolina 155

PYMNTS

DECEMBER 14, 2020

Treasury and Commerce departments are unable to protect their digital databases, lesser organizations would be seemingly hard-pressed to prevent similar security breaches. Justice Department, National Security Agency and the White House. The thinking goes that if the U.S. It includes all five branches of the U.S.

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PYMNTS

NOVEMBER 16, 2020

Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. 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.

Fraud 178

Fraud US Mobile Las Vegas 178

PYMNTS

MAY 5, 2020

A little-known Puerto Rican company, Bitcoin Manipulation Abatement (BMA), has filed a lawsuit against Ripple , accusing the blockchain firm of breaking rules when it ran a recent securities sale, CoinDesk reported. That ended up being thrown out, with a California judge deciding to allow the suit to proceed anyway.

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PYMNTS

OCTOBER 15, 2020

Aaron and Lindsey Fisher of California shared with CNBC their story of being robbed of a payment of $931,235 they made as part of purchasing a $1.4 They stole a lot of financial security,” Aaron Fisher said. Bank of America reportedly said the clawback was possible because the fraud was reported to the bank quickly.

Fraud 162

Fraud Report America California 162

PYMNTS

SEPTEMBER 16, 2019

So now, the investigation deepens and broadens, with payroll fraud under the microscope. Pioneer Bank, in turn, has pointed to a filing with the Securities and Exchange Commission this week that referenced $19 million in deposit activity that could be linked to “potentially fraudulent activity.”.

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Fraud Cleveland Indiana New York 174

PYMNTS

JANUARY 17, 2020

An uptick in check fraud has financial institutions considering whether they should update methods and stop using checks, according to a report Wednesday (Jan. Check fraud, or the attempt to perpetrate it, has gone up from $8.5 Also, it makes up 60 percent of all attempted fraud against U.S. 15) by The Wall Street Journal.

Fraud 141

Fraud Survey California Resources 141

PYMNTS

MARCH 18, 2019

The Conference of State Bank Supervisors (CSBC) said last week that there should be a “floor” for data privacy and security regulations, a statement issued by the Senate Committee on Banking, Housing and Urban Affairs. He pointed to the recent enactment of the California Consumer Privacy Act of 2018 as an example.

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PYMNTS

OCTOBER 6, 2020

Now these services are about safety and security, with features like curbside pickup and contactless drop-off, [and they’re now] a basic part of business operations,” Tim Ridgely , head of order and delivery at Paytronix, told PYMNTS. Before March, restaurants provided order and delivery services as something extra, more of a convenience.

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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 13, 2020

Securities and Exchange Commission ( SEC ) on Friday (Nov. 13) civilly charged former Wells Fargo CEO John Stumpf and Carrie Tolstedt, ex-head of Wells Fargo’s Community Bank, with allegedly misleading investors in connection with the bank’s unauthorized accounts scandal. Stumpf agreed to settle the charges by paying a $2.5

Fraud 230

Fraud California Community Bank Security 230

PYMNTS

JUNE 15, 2018

CNBC reported late Friday (June 15) that Holmes, who left the CEO post that same day, was indicted on criminal wire fraud charges. The two former executives appeared in court in California to be arraigned on two counts of conspiracy to commit the aforementioned fraud and nine counts of actual wire fraud.

Fraud 103

Fraud United States California Security 103

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. The highest court in the U.S. 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. The highest court in the U.S. The highest court in the U.S.

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Fraud Florida California Security 130

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 . In the U.S.,

Fraud 141

Fraud Apple California Innovation 141

PYMNTS

FEBRUARY 27, 2020

Ripple failed to persuade a judge in Oakland, California to dismiss the entire lawsuit, called Zakinov v. Hamilton left a complaint by investors in place, which alleged that Ripple had been selling unregistered securities. Securities and Exchange Commission hadn’t taken a position on whether XRP is a security on Wednesday.

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Oakland California Fraud New York 151

PYMNTS

JANUARY 11, 2021

A California man has sued Robinhood Financial and Robinhood Securities, claiming he lost thousands of dollars after his brokerage account with the firm was breeched, according to a complaint. Mehta is represented in the matter by the California law firm Erickson Kramer Osborne. Robinhood, the lawyers state, hasn't kept up.

California 240

California Security Training Report 240

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

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Security Capital Analytics Software 189

PYMNTS

AUGUST 21, 2019

Along with the growing popularity of IoT devices, from fitness wearables to smart fridges, comes increased security and privacy issues. The latest Intelligence of Things (IoT) Tracker details how these concerns are driving providers to develop new security approaches. Who’s Responsible for Smart Device Security?

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Security Software Study Data 165

PYMNTS

JUNE 13, 2019

Countering digital fraud is a lot like playing whack-a-mole: As soon as one fraudster is taken out, two more pop up where they’re least expected. The popularity of digital banking services has created ample opportunities for bad actors, leaving banks scrambling to protect themselves against the rising tide of fraud. It helps.”.

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Fraud Analytics New Jersey Data 128

PYMNTS

AUGUST 26, 2019

Attorney’s Office for the Central District of California. Each of the defendants has been charged with “conspiracy to commit fraud, conspiracy to launder money, and aggravated identity theft,” according to the complaint and reports said other defendants also face fraud and money laundering charges.

Fraud 145

Fraud Online Portland Los Angeles 145

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

APRIL 10, 2019

authorities announced that they have charged a number of individuals in connection with one of the biggest healthcare frauds ever prosecuted in the nation. The fraud, which resulted in more than $1.2 Medicare’s anti-fraud unit announced that it took adverse administrative action against 130 DME companies that submitted over $1.7

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Fraud South Carolina New Jersey Florida 116

PYMNTS

MAY 24, 2019

However, with this growth comes the increased risk of data breaches and fraud. It has also raised concerns among privacy advocates and security experts, with many warning against the dangers of weak security protocols and constant vigilance. Can Device Manufacturers and Governments See Eye to Eye on IoT Security?

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California San Francisco Charlotte Security 188

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

NOVEMBER 23, 2018

An anonymous researcher warned the publication of the security flaw on the USPS website. Perhaps more troubling is that the researcher allegedly warned USPS about the security issue a year ago but did not receive a response. “It seems like the only access control they had in place was that you were logged in at all.

Security 157

Security Data California Report 157

PYMNTS

NOVEMBER 11, 2019

Microsoft has promised to follow California’s privacy law throughout the United States after the regulation goes into effect on Jan. The California Consumer Privacy Act (CCPA) gives consumers in California the right to access any and all personal data that a company has on them and request that it be deleted and not sold.

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California United States Regulation Data 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

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. The Security Love Triangle. saving money) over security. Patience is a virtue in the business of fraud.

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Fraud San Jose Security Data 133

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 potential move by the California insurance regulator is just the latest in a string of Wells Fargo’s problems after its fake account scandal last year.

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California CA Regulation Policies 108

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

JUNE 29, 2018

The state of California passed a new digital privacy law that provides consumers with more transparency and control over their digital data. While technology and businesses in California weren’t in support of the bill, they didn’t attempt to prevent it because the ballot initiative was even tougher, noted The New York Times.

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California Data Online New York 100

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 The new solution is designed to help businesses both prevent digital fraud and improve back-end efficiencies.

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Fraud Cards Security System 228

PYMNTS

JUNE 16, 2020

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

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US Cyber Security Security National 227

PYMNTS

DECEMBER 30, 2020

The deal resolves the five criminal counts including wire fraud, conspiracy and computer intrusion. Another provision of the deal requires that the Los Angeles, California company keep updated compliance and ethics procedures to stop cybercrime. Terms also include a three-year deferred prosecution agreement, according to the release.

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Los Angeles Fraud New York California 223

PYMNTS

AUGUST 16, 2019

A new Bluetooth security flaw was discovered that could leave users’ data unprotected and open to hackers, The Verge reported on Friday (Aug. The weakness was discovered by researchers who presented their findings at the USENIX Security Symposium. But the technology also makes it easier to counteract attacks.

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Security San Diego Data Illinois 121