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Fraudsters Request Pre-Payment For Bogus COVID-19 Vaccine

PYMNTS

Phone scammers claiming to be from the Centers for Disease Control and Prevention (CDC) are saying they have a vaccine to cure the coronavirus (COVID-19), and are asking for credit card and Social Security numbers from unsuspecting victims to reserve it, according to a report by The Verge. Do not fall prey!” Thank you.”.

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Retail Enabler: CardinalCommerce Protects SMBs From Holiday Fraud

PYMNTS

‘Tis the season … to be very, very wary of phishing and other types of fraud. Black Friday and Cyber Monday sales continue to increase year over year — while some project online holiday sales at $98 billion, new estimates from the National Retail Foundation project that this year’s online holiday sales could reach $117 billion.

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Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

The emergency declaration allows the state to access resources from the state’s national guard, technology office, state police and other organizations, according to a statement from the governor’s office. And a virus shut down the entire network of a county in Ohio back in 2017, including that of the local police force.

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WEX Extends Fuel Card Contract With Sheetz

PYMNTS

states, including Maryland, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia. This contract extension will not only provide Sheetz with access to WEX’s … products and services, but its customers will benefit as well through fuel savings programs, fraud protection and data insight.”. billion range.

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Senate Grills Facebook’s Marcus Over Libra

PYMNTS

Like a toddler who has gotten his hands on a book of matches, Facebook has burned down the house over and over, and called every arson a learning experience,” said Ohio Sen. to lead it its construction and regulation, lest the technology form factor be led by others from places “out of reach of our national security apparatus.”.

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Key Under the Mat

Independent Banker

ICBA’s Data Security Principles. All participants in the payments system—including merchants—should be subject to Gramm-Leach-Bliley Act–like data security standards. A national data security breach and notification standard should replace the current patchwork of state laws. in Coldwater, Ohio.

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The 2022 GonzoBanker Awards

Gonzobanker

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. FIS wins Valley National with IBS platform. In January, we were discussing crypto and the need to formulate customer crypto strategies. Now that’s what you call a change of momentum.

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