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The B2B Payments Fraud Threat Of Internal Employees

PYMNTS

The currency exchange company continues in the grips of a ransomware attack that has crippled its operations, as well as the foreign currency operations of its corporate clients, including HSBC and Barclays. Ten percent of business email domains are protected from spoofing , according to recent Security Boulevard reports.

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Report: Email Variants Keep BEC Fraud Humming Along

PYMNTS

In payments fraud, it pays — literally — to change up the game a bit. The report shows the use of malicious emails, rather than attachments, is on the rise — which darkreading.com said comes along with new variants of impersonation fraud. Individual Fraud Cases, Here and Abroad. The data across a sample set of 1.3

Fraud 154
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Caribou Coffee Doubles Down On Customer-Driven Mobile Innovations

PYMNTS

Minnesota-based Caribou Coffee and other smaller chains are following suit by not only developing mobile order-ahead apps, but also by instituting rewards and loyalty programs, encouraging customers to return to their stores time and time again. Bringing In-store Operations Up To Date. Keeping The Cup Secure.

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FBI Probing Hack Of US Electricity Providers

PYMNTS

The impacted utilities operate in 18 states from Maine to Washington, including Cloverland Electric Cooperation in Michigan, Klickitat Public Utility District in Washington state and Basin Electric Power Cooperative in North Dakota. He added that the company now blocks emails from Hong Kong. “We

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The 2023 GonzoBanker Awards

Gonzobanker

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. and Summit Financial Group, Inc.

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

Two Finovate alums raised fresh capital: Emailage raised another $5 million for its email-based fraud prevention solutions. Equities markets operator. Alt-lender using high-end luxery items for security. Fraud protection for financial institutions. HQ: Eden Prairie, Minnesota. Latest round: $252.7 million IPO.

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Jumio On Why Political Ads Should Get The Same Scrutiny As Bank Transactions

PYMNTS

Add security to the list, of course, as in the security of the election process itself. That Facebook is unable to recognize ads connected to a well-established foreign interference operation is also deeply troubling.” Election day in the U.S. is tomorrow.