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 Good news, of course, but that doesn’t mean the pressure is any less. Classic fraud deflection is rules-based.

Fraud 109

Fraud Data Delaware New York City 109

PYMNTS

SEPTEMBER 20, 2019

Plot Thickens as FBI Probes Alleged MyPayrollHR Fraud. News came at the end of the week that the FBI and the New York State Department of Labor are investigating allegations that MyPayrollHR , which abruptly shut down earlier in the month, diverted millions of dollars into its coffers that should have gone to employees.

Fraud 108

Fraud Payments Bitcoin Lending 108

PYMNTS

DECEMBER 4, 2018

Banks give consumers confidence that their data won’t fall into the wrong hands when they make purchases or reservations, thanks to investments in fraud detection and prevention. percent: The share of brands that pick New York as the location for their first pop-up shops. And Tiffany & Co. ’s

Data 100

Data New York City New York Fraud 100

PYMNTS

OCTOBER 23, 2018

The New York Attorney General announced that Wells Fargo & Company has agreed to pay a $65 million fine in connection with its “cross-sell” business model, related sales practices, and publicly reported cross-sell metrics. When the truth was finally made public, New York investors lost millions of dollars.

New York 139

New York Fraud Community Bank Strategy 139

PYMNTS

JANUARY 23, 2019

Swift Prepaid is also supporting Bitty’s ability to provide immediate access to cash advances that are uploaded to business debit cards. Their collaboration links Bitty to Visa Direct functionality, allowing it to brand virtual and physical prepaid and debit cards linked to a business account.

Samsung 162

Samsung New York Branding Apple 162

PYMNTS

FEBRUARY 15, 2019

Amazon and the city of New York managed to pull off one of history’s more spectacular break-ups this week, with the Valentine’s Day announcement that the city and the nation’s largest eCommerce firm would not be joining forces to build half of Amazon’s HQ2 in Long Island City. As noted by Kathryn S. How can anyone be surprised?”

New York 115

New York New York City Virginia Nashville 115

Abrigo

MARCH 22, 2023

A well-known example of a TBML system is the Black Market Peso Exchange , where U.S. Trade-based money laundering is the process of moving illegal funds through the international trade system to legitimize them. This can include the falsification of the price, quantity, and quality of imported or exported goods.

Training 195

Training Fraud New Jersey Regulation 195

PYMNTS

JULY 6, 2020

Wirecard continues to dominate the headlines in the realm of corporate fraud thanks to $2 billion missing from the company’s books, but it’s not the only company at the center of questionable activity. With the global pandemic continuing to cause market disruptions, the opportunities for fraudsters remain on the rise.

Fraud 148

Fraud Missouri California Report 148

PYMNTS

JANUARY 20, 2020

In early September 2019, reports emerged that Amazon was testing hand recognition-based payments at Whole Foods locations using its New York employees and some custom-fitted vending machines as an initial experiment. There were also New York Post reports that the technology might make an appearance at Whole Food checkouts this year.

Payments 277

Payments Data Cards New York 277

PYMNTS

JULY 11, 2018

Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam. To protect himself, he created faulty invoices to trick QVC into paying for his fraud. The fraud happened from 2008 until he was fired in 2013, noted the report. QVC former director James D.

Company 102

Company New York City Fraud Retail 102

PYMNTS

JUNE 5, 2019

According to a report from Quartz , “over the past seven years, a New York City-based fraud ring allegedly stole more than $19 million worth of iPhones by posing as cell phone subscribers to get new devices at little or no cost. Counterfeit Debit Cards. The work involved wasn’t the most complicated, either.

cryptocurrency 132

cryptocurrency Fraud New York City social media 132

PYMNTS

FEBRUARY 23, 2017

. “Gulf has always aimed to remain vigilant in our efforts to prevent fraud at the pumps and in stores, while providing our customers with an exceptional experience,” said Margaret McDonnell, senior director of credit card operations at Gulf Oil.

Mobile 116

Mobile Payments New York Fraud 116

PYMNTS

JULY 12, 2019

As a result, banks, credit unions and payment card networks are hesitant to participate. One of the biggest arguments in favor of federal legalization of marijuana is the opportunity for regulation to pull an industry off the black market, and into the world of compliance and transparency — ultimately promoting consumer safety.

Retail 154

Retail Colorado Regulation Compliance 154

PYMNTS

NOVEMBER 4, 2016

From a person’s payment information to their mother’s maiden name, hackers have everything they need to pose a legitimate customers and keep perpetrating fraud. Identity data is the critical currency for perpetrating online fraud.

Data 100

Data Cards Retail Security 100

PYMNTS

AUGUST 12, 2019

Anecdotal evidence pf questionable spend includes examples spanning invoices for IT equipment five times the market price, payments for expired contracts and invoices from debarred suppliers (contractors that the government will no longer work with). In Canada – and in the US, too.

New York City 149

New York City Phoenix Fraud Florida 149

PYMNTS

JULY 24, 2019

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. And the New York Times has revealed that it is planning to use blockchain technology to fight fake news.

Regulation 108

Regulation Bitcoin New York Online 108

South State Correspondent

JULY 24, 2023

Film quality aside, there have been few movies in the history of the World that have done a better job at marketing than Barbie. This article highlights these lessons and applies them to marketing deposits. We will also stipulate that you don’t have $100mm to spend on a marketing budget. Marketing made it so.

Marketing 195

Marketing social media Branding Apple 195

NCR

NOVEMBER 28, 2016

Improving fraud detection and prevention is a top priority for any financial institution (FI), but banks face a delicate balance to get this right. Therefore, reducing false positives without impacting the overall effectiveness of fraud prevention strategies needs to be a focus for any bank. Knowing your customers’ location.

Fraud 40

Fraud Tools Minneapolis Seattle 40

PYMNTS

APRIL 18, 2019

The New York District Attorney’s (DA’s) office has shut down one of the largest drug vendors on the dark web, sinmed, as well as arrested the three men who allegedly ran it. via Dream Market, the dark web bazaar. via Dream Market, the dark web bazaar.

ATM 100

ATM Online New York Bitcoin 100

PYMNTS

MAY 28, 2019

The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. The company integrated GO-PAY into the GO-JEK app, which lets customers store money on their mobile phones, much like a digital debit card. Just under $3 billion – or $2.7 billion in 2017.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JULY 22, 2019

Visa will release its quarterly earnings on Tuesday (July 23) after the market closes, and experts expect to see growth in payments volume and processed transactions, as well as cross-border and digital payments. They announced the acquisition of Rambus in June, which uses tokens to prevent payments fraud.

Payments 109

Payments New York City New York Conference 109

PYMNTS

JANUARY 31, 2020

They can come to the site and book five nights in New York City, for example, and those stays could include parking services for just the first two nights, Shust said. Splitty stated that it increases the market availability of hotels on its platform by up to 15 percent, enabling hotels to reach wider traveler bases. “We

Industry 168

Industry New York City Online Security 168

PYMNTS

MARCH 13, 2017

The Securities and Exchange Commission announced Friday (March 11) that it has lodged charges against two ex-executives at a credit card processing company for masterminding a scheme to steal millions of dollars through fake expense reimbursements, invoices that were inflated and other improper accounting tactics.

New York 101

New York California Regional Cards 101

PYMNTS

DECEMBER 6, 2019

Churn can also impact SaaS providers that offer access to cloud-based eCommerce, marketing, graphic design and other software services (such as Adobe Creative Cloud, FreshBooks and Mailchimp). . Recent data indicates that it is between five to 25 times more expensive to gain a new customer than to keep an existing one. .

Cards 131

Cards Video Data Payments 131

PYMNTS

AUGUST 1, 2018

Supreme Court struck down state bans on sports betting, MGM Resorts International has signed deals with the NBA and other operations that could mark the first chapter of the country’s new sports and gambling culture. MGM officials will also reportedly help the league detect fraud and game-fixing. NBA Data and Logos. GVC Joint Venture.

United States 101

United States Online New York Louisiana 101

PYMNTS

JUNE 28, 2019

MainVest did not reveal details about what it plans to do with the investment, though noted it continues to gain traction in the SMB investment market by allowing non-accredited investors to participate in crowdfunding for small businesses in their own communities. This week, the company revealed a $24 million investment from Oak HC/FT.

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

MARCH 20, 2020

The drop in the stock market has led some banks to run out of big bills as clients reportedly arrived take as much money out of their accounts as they could. The Bank of America at 52nd Street and Park Avenue in New York City, in one case, ran out of $100 bills for a time due to large withdrawal attempts.

Technology 181

Technology Apple New York City social media 181

PYMNTS

FEBRUARY 18, 2019

We had roughly 340 execs register to listen live to the two of us banter about the people, processes and tech necessary to do more than simply rebrand what’s typically described as the fraud and risk departments of digital platforms. Card Networks Want to Raise Their Prices. Amazon Takes Its Bite Out of the Big Apple.

Cards 169

Cards Course Study New York 169

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. Market opportunity. Fraud prevention tools. Virtual card issuance. Business lending and corporate cards. Support new lines of business.

Online 98

Online Company Retail Payments 98

FICO

AUGUST 16, 2022

Card Skimming Fraud Grows 700+% in First Half of 2022. Credit card and debit card skimming fraud is back with a vengeance in the US, while other fraud types are seeing global growth. Card Skimming Fraud – Old Threat, New Growth. through FICO’s Card Alert Service. Darcy Sullivan.

Fraud 52

Fraud Cards Oakland ATM 52

PYMNTS

DECEMBER 24, 2019

The company has an option to transfer money to the bank without a debit card for the same fee. Discover announced that it will start issuing contactless cards over the next several months. Mastercard is running two transportation-friendly holiday season options for cardholders using tap-and-go payments in New York City.

Cards 160

Cards Payments Study Examples 160

PYMNTS

DECEMBER 1, 2017

The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. The company informed the New York Attorney General, Eric Schneiderman, and the FTC about the October 2016 hack for the first time on Tuesday. drivers’ license numbers.

New York 144

New York Data Regulation Washington 144

PYMNTS

FEBRUARY 25, 2019

Given slowing iPhone sales and increased competition in markets like China, Apple’s move toward diversification is a rational play — though perhaps not an easy one. As Apple eyes the media market, it already has formidable competitors, including Netflix and Spotify, which have more subscribers and the early mover advantage.

Apple 122

Apple Data Leadership Report 122

FICO

OCTOBER 26, 2016

Machine learning and AI are a prominent part of banking and processing payment cards, not just reserved for self-driving cars and computers that can win at Jeopardy. Fighting fraud. The FICO® Falcon Fraud Management solution is the industry leader, protecting two thirds of the world’s payment card transactions against fraud.

Analytics 40

Analytics Fraud New York City social media 40

FICO

OCTOBER 26, 2016

Machine learning and AI are a prominent part of banking and processing payment cards, not just reserved for self-driving cars and computers that can win at Jeopardy. Fighting fraud. The FICO® Falcon Fraud Management solution is the industry leader, protecting two thirds of the world’s payment card transactions against fraud.

Analytics 40

Analytics Fraud New York City social media 40

PYMNTS

OCTOBER 13, 2016

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. “You want to get into as many use cases as possible,” said Greg Weed, director of card performance research at Phoenix Marketing International.

Mobile 100

Mobile Payments Apple Samsung 100

Independent Banker

DECEMBER 31, 2021

is facing increased competition in its home market from other banks, nonbanks and even credit unions that are aggressively pricing loans to businesses, says president and CEO Steve Dehnert. will continue its mission to fund microloans to new small businesses in New York City’s low-income neighborhoods, says president and CEO Carlos P.

Community Bank 144

Community Bank Community Lending Louisiana 144