PYMNTS

MAY 22, 2019

Wirecard, the global digital financial technology company, announced on Wednesday (May 22) that it has partnered with India’s government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) to facilitate the issuing of physical and digital taxpayer identification cards. The cards can also be used as proof of identity.

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Cards Taxes Fraud Technology 122

PYMNTS

JULY 15, 2019

That fraud spans, among other methods, misuse of government credit cards and procurement payments, reported itnews.com. And when it comes to external fraud, 95 percent of external fraud can be traced to “one large entity” focused on payment card fraud. intentionally caused” the United States a tax loss of more than $1 million.

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Fraud Cards Taxes Payments 109

PYMNTS

MARCH 26, 2016

A loan company employee has pleaded guilty to stealing identities of several customers and fraudulently seeking $400,000 in tax returns. The government alleges that the two co-conspirators worked together to get away with the tax returns. Huff returned half of the money to Battle and kept the remaining balance.

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Company Alabama Taxes Fraud 100

PYMNTS

AUGUST 12, 2019

The company specialized in monthly fan boxes filled with shirts, gear and gadgets for the sci-fi and gaming culture, Chief Restructuring Officer Stuart Kaufman said in a court declaration filed in Wilmington, Delaware. Court papers show the company had more than 250,000 recurring subscribers, the news outlet reported.

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Los Angeles Company Delaware Taxes 109

PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride. Crossing borders and crossing the Rubicon.

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Bitcoin Taxes cryptocurrency Regulation 123

PYMNTS

AUGUST 5, 2019

But federal law still views marijuana as an illegal substance, which prevents most financial institutions, payment card networks and other providers from taking part in those sales. According to a new lawsuit, though, one company allegedly found a way around that. The good news?

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Company Payments Fraud Meeting 163

PYMNTS

NOVEMBER 18, 2016

17) of a new tax bill scam in which unwitting consumers receive a fake IRS notice that contends they owe the government money because of the Affordable Care Act. As the end of the year gets closer and the tax deadline nears, the number of IRS scams tends to pick up. The Internal Revenue Service warned Thursday (Nov.

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Taxes Fraud Compliance Tools 100

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. “It streamlines payments and ease of paying by card,” Weiss told PYMNTS in an interview.

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Cards Fraud Taxes Data 118

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.

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Cards United States Regulation Taxes 109

PYMNTS

APRIL 4, 2018

In their place has risen a new system of exchanging funds that have made payments faster, more efficient, more secure and, above all, smarter. They often use APIs, include heightened security measures, are flexible and capable of finding the most appropriate payment rails, and use models that maximize the payment value.

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PYMNTS

JANUARY 2, 2020

The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . The new regulation went into effect on Jan.

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Cards blockchain Cyber Security Retail 130

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. The decision comes after a lawsuit filed against the company by COTECH SA. Trackers and Reports.

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Taxes Mobile Management blockchain 101

PYMNTS

JANUARY 3, 2021

T-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.”. That incident, the company stated at the time, involved some of the same information that was compromised in the latest incident. T-Mobile previously suffered a data breach in March.

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Mobile Data Taxes Security 213

PYMNTS

SEPTEMBER 13, 2017

While virtual cards (v-cards) can offer a secure and efficient way for businesses to pay travel suppliers, some industry players have highlighted a key pain point for the payment rail: For suppliers accepting v-cards , they still have to manually enter payment data. New reports on Tuesday (Sept.

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Cards Taxes Mobile Payments 100

PYMNTS

FEBRUARY 3, 2020

Daya Shankar Kushwaha was arrested by tax officers in New Delhi for allegedly using fake invoices worth over Rs 1,200 crore to get tax benefits, according to reports on Monday (Feb. Kushwaha reportedly used fraudulent Input Tax Credit (ITC) of Rs 124 crore. .

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Taxes New York Fraud Report 132

South State Correspondent

MAY 13, 2024

timeshare companies, crypto firms, multi-level marketing, credit repair, dating services, telemarketing, tech support companies, etc.). More states require greater disclosure and control over what banks and card processors can charge. The law firm of Sidley Austin held a session on the CFPB’s uniqueness.

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PYMNTS

NOVEMBER 13, 2020

But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. based Paid will go toward enhancing the company's eProcurement solution for both buyers and suppliers. million in new funding for U.K.-based and Hong Kong.

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Capital Cards Fintech Payments 229

PYMNTS

AUGUST 9, 2017

Green Dot Corp released earnings on Tuesday that topped analyst expectations, with 55 cents a share reported, versus estimates of 40 cents a share, as organic growth and card counts both showed momentum in the period. Streit also said the company has entered an agreement to acquire a small tuck in secured credit card portfolio. .

Cards 100

Cards Apple Taxes Millennials 100

Abrigo

SEPTEMBER 20, 2023

Given the current economic climate in the United States, it is essential to understand the effect personal financial security has on 1 st -party fraud. 1st-party debit or credit card fraud : Card fraud causes financial institutions significant monetary losses. The scam here is an inside job, making it inherently more elusive.

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Fraud Trends Cards Software 195

PYMNTS

MAY 19, 2020

BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report. The company said that a third party breached and used the phone number of a BlockFi staffer to get into a part of the company’s encrypted back-office system without permission.

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Data Bitcoin cryptocurrency Taxes 212

PYMNTS

NOVEMBER 22, 2019

In today’s top payments news, ongoing security concerns have caused the Federal Reserve to take a closer look at the Big Tech firms that serve the banking industry. Goldman CEO Denies Claims Of Apple Card Credit Biases. Security Concerns Prompt Fed To Strengthen Big Tech Oversight. And Former U.S. Google’s $2.1

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South Dakota Apple Taxes Cards 101

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

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Retail Online Cards Data 218

PYMNTS

DECEMBER 17, 2020

Twenty-two percent of Americans have reported being targeted by pandemic-related fraud, for example, such as schemes involving fake personal protective equipment (PPE) merchants or fraudsters impersonating tax officials. Developments From The World Of Digital Fraud.

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Fraud Online Retail Examples 255

PYMNTS

JANUARY 24, 2019

Data and analytics company Ascension has suffered a data leak that exposed more than 24 million loan and mortgage documents from some of the country’s biggest banks. The database, which is believed to have been exposed for two weeks, was discovered by independent security researcher Bob Diachenko.

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Taxes New York Security Data 155

FluentBanking

MAY 22, 2020

Credit cards become so popular these days in our country. But, if you are at the planning stage of applying for a credit card our reviews can help in your decision-making process. is one of the dominant credit card service providers in our country. is one of the dominant credit card service providers in our country.

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PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. Meanwhile, BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report.

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Bitcoin cryptocurrency Taxes Security 148

PYMNTS

FEBRUARY 26, 2020

He took advantage of that access to steal currency stored value (CSV) such as digital gift cards that he then resold on the internet. . On fake tax returns, he said the bitcoin was gifted to him from a relative. Over a seven month period of illegal activity, he transferred into his accounts roughly $2.8 million in bitcoin.

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Fraud Bitcoin Washington Taxes 207

PYMNTS

AUGUST 11, 2020

No one will call to ask for your bank account, credit card or Social Security number, the FTC said. As in the first distribution of $1,200 checks in the spring, most people will get money direct deposited, or via a debit card or check will be mailed to the address where your taxes were filed.

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Fraud Taxes Survey Cards 174

BankBazaar

OCTOBER 4, 2019

It may not be easy getting a Credit Card if you’re unemployed/self-employed, but it isn’t impossible either. Often during financial emergencies, we opt for a Credit Card as the main line of credit to help us get out of a bind. If you have a job, gaining approval for a Credit Card is much easier. Let’s find out more.

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Cards How To Security Taxes 60

PYMNTS

OCTOBER 13, 2019

FinTech company Revolut wants to raise as much as $1.5 According to The Financial Times , a source familiar with the matter revealed that the company has hired JPMorgan to raise $500 million in new equity from investors, as well as secure a $1 billion convertible loan. But despite its growth, the company has not turned a profit.

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Taxes Fintech Branding Regional 163

PYMNTS

JULY 22, 2019

Unfortunately, also adding heat this week was the world of fraudsters and hackers – with a few pretty sizable security blips and glitches. percent and the company lost about $178 million from its market cap. The company said it will “pursue all available sources” to minimize its losses. Starting with. MILLION, BILLION?personal

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Data Security Fraud Indiana 100

PYMNTS

MARCH 18, 2020

A common scheme involves fraudsters posing as tax officials — a particularly effective tactic during the first quarter, when restaurants are preparing employee W2s and corporate tax documents. One hacker even posed as a company’s HR department and made off with more than 20,000 company records. .

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Fraud Training Data Taxes 177

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Virtual card issuance.

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Online Company Retail Payments 98

PYMNTS

FEBRUARY 21, 2020

Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. False Positives and Data Security. They must do so judicially or risk wasting those investments, however.

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Customer Experience Fraud Millennials Online 152

PYMNTS

APRIL 21, 2020

Mexico’s eInvoicing requirements began back in 2004, when its tax authority, the SAT, first developed its eInvoicing legal framework. “Nobody will take your money unless it’s cash or secured by a bank-to-bank transaction,” he said, adding that for many payers, “cash is still king.”

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Payments Software Taxes Cards 144

PYMNTS

DECEMBER 9, 2019

Carrying enough cash to cover those many needs is often a security risk, though, and drivers who lack the appropriate spending tools could see their delivery schedules veer off track if they have to search for specific retailers that will accept their payment methods. On The Road As A Company Driver.

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Cards Tools Operations Payments 163

PYMNTS

JANUARY 14, 2019

UnionPay International, a subsidiary of Chinese financial services company UnionPay, is giving developers all around the world access to 18 of its mobile internet payment products, the company announced on Monday (Jan. The service is an open platform called the UPI Developer.

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Innovation Mobile Taxes Regional 128