PYMNTS

NOVEMBER 11, 2019

Researchers at New York-based Red Balloon Security identified two vulnerabilities in retail cash machines manufactured by Nautilus Hyosung America, the companies said in a joint press release on Monday (Nov. According to an estimate by Red Balloon Security, more than 80,000 machines are vulnerable. based in South Korea.

Security 100

Security ATM America New York 100

PYMNTS

FEBRUARY 27, 2020

Hamilton left a complaint by investors in place, which alleged that Ripple had been selling unregistered securities. 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. XRP fell 8.2

Oakland 151

Oakland California Fraud New York 151

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. KYC, Security In The Digital Onboarding Age.

Data 198

Data New York City New York Fraud 198

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

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

NOVEMBER 22, 2019

Ongoing security concerns have prompted the Federal Reserve to further scrutinize big tech firms that serve the banking industry, The Wall Street Journal (WSJ) reported on Thursday (Nov. 21), citing a senior official.

Security 116

Security Policies Conference Compliance 116

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

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

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

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 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

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. Enterprise Security. ’s AimBrain deploys biometric authentication technology to combat fraud for FinTechs and financial institutions. Corporate Accounting.

Fintech 171

Fintech Marketing New York City Capital 171

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

Insights on Business

APRIL 2, 2019

Customers increasingly demand new payment options like real-time payments and P2P payments, underpinned by security and trust. Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. Applying technologies to modernize payments.

Payments 125

Payments New York City Fraud New York 125

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.

Data 131

Data New York City Video New York 131

PYMNTS

OCTOBER 22, 2018

Facebook is reportedly gearing up to acquire a cybersecurity company in an effort to assure users that security is a top priority of the social media company. CNET , citing a report from The Information, reported Facebook has reached out to several security companies that could be takeover targets.

New York City 187

New York City Company social media New York 187

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

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

JANUARY 23, 2019

In a press release issued Tuesday, Swift Prepaid said it will integrate its prepaid services to enable Bitty small business customers immediate access to virtual funds after they secure a merchant cash advance. The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay.

Samsung 162

Samsung New York Branding Apple 162

PYMNTS

AUGUST 29, 2017

As phone spoofing begins to infiltrate the consumer retail arena, some firms are fighting back against this new type of fraud. One of them, New York-based Next Caller , just completed a funding round to bolster its abilities.

Fraud 102

Fraud New York Security Retail 102

PYMNTS

JANUARY 9, 2019

A New York pension fund is suing Danske Bank and four former executives, accusing the bank of lying to investors and boosting its share price while knowingly concealing and allowing rampant money laundering to continue in the bank’s Estonian branch. Reuters reported that on Wednesday (Jan. District Court.

US 134

US New York United States Course 134

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

MARCH 15, 2020

The New York Department of Financial Services ( NYDFS ) sent a letter to the approximate 18 cryptocurrency firms it regulates saying they have 30 days to submit a contingency plan in the face of the coronavirus epidemic.

cryptocurrency 150

cryptocurrency Bitcoin New York Regulation 150

PYMNTS

JANUARY 8, 2020

New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. Our passion and mission have always been to help as many organizations as possible [to] secure their data from internal and external threats.”.

Las Vegas 132

Las Vegas Milwaukee Security New York 132

PYMNTS

FEBRUARY 28, 2017

HYPR, for example, debuted what it is calling a biometric shopping platform at the National Retail Federation’s BIG Show in New York City in January. The platform is designed to help retailers combat an uptick in online retail fraud, caused largely by ineffective or stolen password credentials.

New York City 100

New York City Fraud Security New York 100

PYMNTS

FEBRUARY 23, 2017

. “Mobile payment technology is changing the retail experience, and the Gulf Pay app enhances transaction security and further delivers on our commitment to provide high-quality products and services in a fast and convenient environment.”

Mobile 116

Mobile Payments New York Fraud 116

PYMNTS

JUNE 19, 2020

Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18), alleging the company sold counterfeit goods as the trade in the so-called “gray market” continues to draw attention. The counterfeits [are] kind of flooding the markets,” he told Federal News Network. “It

social media 181

social media United States Branding National 181

PYMNTS

AUGUST 16, 2019

As with many aspects of the mobile ordering scene, however, fraud continues to creep into the picture. Starbucks Rewards members account for approximately 42 percent of the chain’s daily transactions, and its delivery program, Starbucks Delivers, has expanded to more than 2,700 stores in 11 markets, thanks to a partnership with Uber Eats.

New York City 191

New York City Mobile New York Fraud 191

PYMNTS

FEBRUARY 28, 2020

Securities and Exchange Commission filing. How Dropbox Fights Fraud (Digital Fraud Tracker). Cloud service providers host terabytes of valuable information, making them a particularly attractive target for fraud. News emerged Thursday (Feb. 1 or 2 player. Mastercard’s Incoming CEO’s Take On The Future Of Payments.

Fraud 130

Fraud Security Data New York 130

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. Oak HC/FT led the Series B funding round, reports said, which also saw participation from Mastercard, Propel Venture Partners, Two Sigma Ventures, Commerce Ventures and Partnership Fund for New York City.

Fraud 115

Fraud Capital New York City Lending 115

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

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. But cryptos have done a great job of acting as conduits to all sorts of fraud.

cryptocurrency 132

cryptocurrency Fraud New York City social media 132

PYMNTS

JUNE 29, 2017

On the other side of the planet, DBS Bank (one of the largest banks in Asia) is offering the same functionality to three new markets as it rolls out its all-mobile banking platform digibank in India, Singapore and Indonesia. The secure platform sits easily on a cloud or premise foundation.

Marketing 103

Marketing New York City Training Mobile 103

PYMNTS

JULY 12, 2019

That said, in a first-ever congressional hearing on marijuana law reform, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security convened July 10 to debate altering federal law around cannabis. Fraud, in the herbal world, is a very common occurrence,” she told PYMNTS in a recent interview.

Retail 154

Retail Colorado Regulation Compliance 154

PYMNTS

JULY 2, 2018

As noted last week, some regulators, spanning the United Kingdom, North America and Asia, are seeking those exemptions as they contend that the General Data Protection Regulation ( GDPR ) could stymie cross-border law enforcement actions that focus on fraud and manipulations of markets.

Regulation 100

Regulation North Carolina Alabama cryptocurrency 100

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

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. Security researchers Noam Rotem and Ran Locar discovered the database and reported their findings to TechCrunch.

Regulation 108

Regulation Bitcoin New York Online 108