PYMNTS

AUGUST 19, 2019

The threat actors realized they can amplify their impact by targeting specific companies such as managed service providers,” said Bennett. Gary Robinson, who serves as head of DCPCU, said that online conduits are gaining favor from fraudsters to further their schemes. “We Corporate Wire Fraud.

Fraud 180

Fraud Delaware Maryland social media 180

PYMNTS

SEPTEMBER 17, 2019

Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and fraudsters have been reluctant to abandon the scheme as this year progresses. Fraudsters made off with account numbers and other personal details, which could later be used for different synthetic identity fraud or related schemes. digital bank Monzo.

Fraud 196

Fraud Digital Banking Delaware Tools 196

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 Classic fraud deflection is rules-based. Fraud is dynamic. It’s a business. percent in Q1 2017.

Fraud 109

Fraud Data Delaware New York City 109

PYMNTS

SEPTEMBER 10, 2019

Use cases for the digital ID wallet could include accessing age-restricted places like bars, signing into services like online tax filing or verifying identities at polling stations. The advantage is that users could prove their ages if necessary without revealing their birthdates or other personal information.

Wyoming 136

Wyoming District of Columbia Colorado Idaho 136

PYMNTS

SEPTEMBER 27, 2018

States like Colorado, Delaware, Idaho, Maryland and Wyoming, and even the District of Columbia, have already piloted the use of digital driver’s licenses in recent years. It is now moving into phase two: testing digital licenses in online and other digital environments. Pilot Testing Digital IDs. You have a choice,” she explained.

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Wyoming District of Columbia Colorado Hawaii 124

CB Insights

AUGUST 25, 2017

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Some startups are looking to build blockchain technology into an IoT platform as well.

blockchain 78

blockchain Industry Bitcoin Security 78