PYMNTS

SEPTEMBER 16, 2019

The first Influencer Fraudnomics Summit in New York City on Tuesday (Sept. 17) will discuss the fraud problem stemming from influencer marketing. Robert Cavazos researched the influencer fraud problem and said issues are anticipated with a model like influencer marketing. He said, “$1.3

social media 150

social media Regulation New York City Baltimore 150

PYMNTS

MARCH 26, 2019

Attorney Michael Avenatti has been charged in two federal cases with wire and bank fraud, as well as allegedly attempting to extort more than $20 million from Nike. The Wall Street Journal ( WSJ ) reported that the U.S. Avenatti alleged that his client had evidence that Nike was making secret payments to high school basketball players.

Fraud 110

Fraud Los Angeles California New York 110

Perficient

MAY 15, 2023

market trend data, economic data, etc.) Risk & Fraud Prevention. Venues in New York City, and it is free for those employed by financial services institutions to attend. to more accurately perform “bigger picture” predictive analysis. The one-day conference is on May 16 at etc.

Data 275

Data Conference New York City New York 275

PYMNTS

MARCH 1, 2019

He served jail time in connection with fraud and conspiracy, centered on accounting tricks that were partly used to cover financial losses. The company posted a $600 million loss, The New York Times noted this week, and wrote down shareholder equity by $1.2 Founder and Chairman Kenneth L. Founder and Chairman Kenneth L.

Fraud 108

Fraud Payments Report New York 108

PYMNTS

DECEMBER 2, 2019

In recent announcements, the numbers have been supporting the argument that cryptos are becoming a favored avenue of theft and fraud. Consider the fact that, as estimated by CipherTrace’s third-quarter report for 2019, the total volume of fraud tied to crypto shows losses in the range of $4.4 billion in fraud and theft seen last year.

Fraud 130

Fraud Report cryptocurrency National 130

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 27, 2019

Western Union CEO Hikmet Ersek told Karen Webster that real time means receivers will have funds available to spend within minutes, enabling new real-time, cross-border, cross-currency payments capabilities for C2C, B2C and B2B use cases. MyPayrollHR Founder Faces $70M Fraud Charge. Lessons Learned — Or Not — From WeWork’s Whirlwind.

Fraud 116

Fraud Fintech District of Columbia Payments 116

Abrigo

JUNE 27, 2023

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

El Paso 195

El Paso Miami United States New York City 195

PYMNTS

AUGUST 9, 2020

The PFSA said it “would like to remind you that the cryptocurrency market in Poland is not a regulated or supervised market. In other news, the Binance stablecoin can now be accessed in New York since the state’s financial watchdog gave it the go-ahead, CoinDesk reported.

blockchain 224

blockchain Bitcoin New York cryptocurrency 224

PYMNTS

JANUARY 18, 2021

But new concerns are mounting over the U.S. government's inability to curb the risk of fraud that emerged during the first round of PPP funding. While it may be the most high-profile business fraud story today, it's certainly not the only pandemic-related business fraud threat. Homeland Security investigators.

Community 219

Community Fraud Taxes Massachusetts 219

PYMNTS

MARCH 31, 2020

“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. 1 to March 30, with 986 complaints; followed by Florida with 508; Texas with 490; New York with 470; and New Jersey with 247.

New Jersey 175

New Jersey Fraud Florida Texas 175

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

MARCH 23, 2018

To take stock of the cryptocurrency market, take stock? News came Friday that the wild west of cryptocurrencies — where fortunes are made and lost in the blink of an eye, and where regulations are less than regular — might be well-governed by the stock market when it comes to governance. After a fashion.

Marketing 109

Marketing cryptocurrency Conference Security 109

PYMNTS

MAY 1, 2019

Bitfinex is the cryptocurrency exchange that last week was swept up in an investigation over a coverup alleged by the New York State Attorney General to have involved as much as $850 million in losses. To recap, the AG accused Tether (of the Tether stablecoin) and the Bitfinex operator of possibly defrauding crypto investors.

Bitcoin 139

Bitcoin Fraud New York cryptocurrency 139

PYMNTS

NOVEMBER 24, 2020

The combined company, to be led by Metromile CEO Dan Preston , will have a pro forma market capitalization of approximately $1.3 The new company seeks to expand into 49 states by the end of 2022, with a premium run-rate of $1 billion by the end of 2024, the company said. Morgan Securities, Wells Fargo and Northland Capital Markets.

Arizona 264

Arizona Pennsylvania Capital Washington 264

PYMNTS

JULY 21, 2017

Working cooperatively, American and European authorities reported yesterday (July 20) that they have shut down two of the largest online black markets — AlphaBay and Hansa Market. The fall of AlphaBay pushed many eclectic shoppers to Hansa Market — the dark web Walmart to AlphaBay’s evil Amazon. You got this one law enforcement.”

Marketing 100

Marketing National New York Conference 100

PYMNTS

JULY 13, 2020

Consumers’ and commercial buyers’ interest in the sector have slowly risen since some markets worldwide have reopened brick-and-mortar locations and resumed normal business dealings. Many markets’ stay-at-home orders led consumers looking for new homes to rely on digital tools. declined 17.8

Data 198

Data New York City New York Fraud 198

PYMNTS

JUNE 23, 2017

The new funding will help the company expand geographically in the U.S., with plans to open an office in New York City later this year. ’s AimBrain deploys biometric authentication technology to combat fraud for FinTechs and financial institutions. Enterprise Security. Corporate Accounting.

Fintech 171

Fintech Marketing New York City Capital 171

PYMNTS

FEBRUARY 27, 2020

Ripple has argued that the case, were it to go forward, would upend and threaten to destroy the established XRP market, which has involved over $500 billion in trading over the last several years. percent to about 23 cents at the close of New York trading, having fallen about 14 percent this week, according to numbers compiled by Bloomberg.

Oakland 151

Oakland California Fraud New York 151

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

FICO

JANUARY 8, 2020

At long last, fraud and compliance infrastructures are starting to converge. Industry forecasts project the global TPRM market to grow from $3.2 Relative to that, I also predict continued strong growth for the cyber insurance market, as cyber risk underwriting continues its transition from art to science. billion in 2019 to $6.8

Compliance 52

Compliance Fraud New York City Analytics 52

PYMNTS

OCTOBER 4, 2016

As reported by Courthouse News Service , the financial giant has been ordered to face claims of as much as $163 million tied to allegations of fraud that Wachovia used certain securities as a “dumping ground” for assets the bank no longer wanted to hold. That debt had been sold by Wachovia’s capital markets division.

Fraud 176

Fraud New York Capital Security 176

PYMNTS

APRIL 26, 2019

The slide comes as the New York state attorney general has accused Bitfinex , a cryptocurrency exchange, of covering up missing funds — $850 million worth — through illegal transactions. Cryptocurrencies have had a rough week of it, evidenced by a double-digit percentage drop in bitcoin, arguably the marquee name in the space.

Fraud 134

Fraud Bitcoin cryptocurrency United States 134

PYMNTS

OCTOBER 1, 2018

Facebook’s Vice President of Global Marketing Carolyn Everson told an Advertising Week panel Monday (Oct. The social network found that attackers were able to take control of user accounts through a function within the platform’s code, The New York Times reported. Facebook said on Friday (Sept.

Marketing 121

Marketing social media New York Data 121

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

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

Insights on Business

APRIL 2, 2019

Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. The future of payments will increasingly be shaped by fintechs who are quick to respond to market needs with new payment services that offer exceptional value and customer experience.

Payments 125

Payments New York City Fraud New York 125

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

FICO

FEBRUARY 16, 2023

A cluster of states in the northeastern US accounted for an additional 29%, and included New York, New Jersey, Pennsylvania, Maryland and Virginia. When looking at total fraud cases related to skimming, we saw that 70% were tied to POCs in 5 states: California (38%), New York (16%), Pennsylvania (6%) and Florida/Washington (5%).

Cards 98

Cards US Data Fraud 98

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

MARCH 9, 2020

authorities — and those in other places — also noted the presence of fraud in which people are led to purchase medical supplies that don’t exist or give financial information to criminals who purport to be health workers. CEO Jane Sun and Chairman James Liang won’t get salaries any longer starting in March.

Policies 141

Policies New York San Francisco Seattle 141

FICO

NOVEMBER 1, 2019

Here, achieving success often involves adopting technologies that let established firms connect their past with their future, in ways that catapult robust-but-inflexible legacy infrastructure into new markets and contexts. High Fraud Losses at Launch. Banks quickly figure out fraud patterns and adjust their defenses accordingly.

Fraud 40

Fraud Payments Compliance New York City 40

PYMNTS

JANUARY 23, 2019

“New and growing small businesses often need fast access to capital that supports basic needs like inventory purchases, payroll and marketing,” said Edward Siegel, CEO of Bitty Advance, in a statement.

Samsung 162

Samsung New York Branding Apple 162

CFPB Monitor

NOVEMBER 16, 2022

District Court for the Western District of Pennsylvania against New York-based Fluent, Inc.—a The lawsuit alleges that Fluent collected the personal data of Pennsylvania consumers through a series of promotional offerings on websites and thereafter sold that information to sellers and telemarketing companies (“Marketing Partners”).

Pennsylvania 78

Pennsylvania New York Marketing Compliance 78

PYMNTS

JULY 14, 2020

“One major change [resulting from COVID-19] concerns how potential customers want to initiate contact with real estate agents and conduct many of the first property-buying steps, such as uploading documents or participating in house tours,” the new Tracker states. Getting The Data Piece Right. But blind spots remain.

Data 131

Data New York City Video New York 131

PYMNTS

APRIL 26, 2019

Cryptocurrencies declined in trading Thursday (April 26) night after the New York Attorney General went after Bitfinex, a crypto exchange, for hiding the fact it’s missing $850 million. The New York AG says the funds used from Tether total $850 million. Tether is backed by the U.S. dollar and is known as a stablecoin.

Bitcoin 115

Bitcoin New York cryptocurrency Meeting 115

PYMNTS

JANUARY 27, 2021

The CU, which has 20 branch locations within the tri-state area that includes New York and Connecticut, has upgraded its automated services to incorporate integrated cloud-based technologies and environments that involve artificial intelligence (AI). Embarking On A Digital Transformation. Prioritizing Upgrades.

New Jersey 223

New Jersey Connecticut Fraud System 223