CFPB Monitor

AUGUST 7, 2019

On July 30, 2019, Acting New Jersey Governor Sheila Oliver signed into law SB 1149 , which requires student loan servicers to be licensed, creates an Office of the Student Loan Ombudsman within the NJ Department of Banking and Insurance, imposes various requirements, and prohibits certain conduct. Licensing requirement.

New Jersey 60

New Jersey NJ Payments Report 60

PYMNTS

JUNE 13, 2019

Countering digital fraud is a lot like playing whack-a-mole: As soon as one fraudster is taken out, two more pop up where they’re least expected. The popularity of digital banking services has created ample opportunities for bad actors, leaving banks scrambling to protect themselves against the rising tide of fraud. It helps.”.

Fraud 128

Fraud Analytics New Jersey Data 128

PYMNTS

JANUARY 26, 2017

After nearly four years of evading authorities, a fugitive implicated in one of the Justice Department’s largest credit card fraud schemes gave himself up. The group allegedly cost banks and other businesses more than $200 million in fraud losses.

Fraud 100

Fraud Cards New Jersey United States 100

PYMNTS

SEPTEMBER 2, 2019

Mobile sports betting is quickly growing to a point where New Jersey is close to topping Las Vegas as the country’s biggest market, The Wall Street Journal reported Monday (Sept. Mobile betting, however, is only allowed in five: New Jersey, Pennsylvania, West Virginia, Iowa and Nevada.

NJ 108

NJ New Jersey Rhode Island Online 108

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

JANUARY 8, 2020

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report.

San Diego 130

San Diego Cards New Jersey Massachusetts 130

PYMNTS

JANUARY 15, 2021

These violations, said FinCEN, “caused millions of dollars in suspicious transactions to go unreported in a timely and accurate manner, including proceeds connected to organized crime, tax evasion, fraud, and other financial crimes laundered through the bank into the U.S. financial system.”.

Capital 268

Capital New Jersey Groups New York 268

Abrigo

MARCH 22, 2023

A business with significant funds movement to/from or between higher risk geographies, including domestic areas with geographical risks, such as south Florida, southwestern border states, and New York/New Jersey. Account activity or a business operation that doesn’t make sense for the entity or industry.

Training 195

Training Fraud New Jersey Regulation 195

American Banker

OCTOBER 28, 2021

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New Jersey 41

New Jersey Fraud 41

PYMNTS

OCTOBER 22, 2020

Alacriti is rolling out a new solution that will link banks and credit unions (CUs) with the burgeoning work of real-time payments, or RTP. The New Jersey-based FinTech on Thursday (Oct. 22) unveiled its Cosmos for RTP solution.

New Jersey 146

New Jersey Customer Experience Fraud Payments 146

PYMNTS

OCTOBER 18, 2020

14) in a New Jersey court that accused the company of making a user interface for financial services applications that infringed on TD Bank's logo, trademark and green color scheme. “Plaid is publicly known for never selling or renting consumers' personal information,” the company said, according to The Globe and Mail.

New Jersey 312

New Jersey California Software Branding 312

PYMNTS

JANUARY 27, 2021

New Jersey-based Affinity Federal Credit Union began upgrading its systems about five years ago as it looked toward the digital future. The contact center serves as an improvement from both a customer relationship management perspective and a fraud-fighting one, for example.

New Jersey 223

New Jersey Connecticut Fraud System 223

PYMNTS

MARCH 19, 2019

New Jersey was the ringleader of the effort, though it did enlist support from 17 other states and three additional state governors. According to the latest data from the state’s gambling regulator, consumers in New Jersey have placed more than $780 million worth of online bets since that decision, and $1.25

Online 125

Online New Jersey Las Vegas Risk Management 125

PYMNTS

JANUARY 22, 2020

Provident Bank, a New Jersey-based financial institution (FI), will issue a comprehensive suite of commercial payment solutions in conjunction with First Bankcard. First Bankcard , a division of First National Bank of Omaha , has formed a strategic partnership with Provident Bank , First Bankcard announced Wednesday (Jan.

Omaha 131

Omaha Payments New Jersey Cards 131

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

The new view of the Wire Act comes months after the Supreme Court in May 2018 struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders. New Jersey was the ringleader of the effort, though it did enlist support from 17 other states and three additional state governors.

Online 143

Online New Jersey Las Vegas Risk Management 143

PYMNTS

NOVEMBER 10, 2019

In other Ukraine news , U.S. District Court in Newark, New Jersey, the Ukrainian computer hacker, Oleksandr Ieremenko, 27, of Kiev, and others working with him were charged with hacking an SEC database, getting their hands on thousands of “test filings” that included around 157 earnings announcements.

New Jersey 101

New Jersey Fraud National Groups 101

PYMNTS

JANUARY 15, 2019

District Court in Newark, New Jersey, the Ukrainian computer hacker, Oleksandr Ieremenko, 27, of Kiev, and others working with him were charged with hacking an SEC database , getting their hands on thousands of “test filings” that included around 157 earnings announcements. In addition to Ieremenko, the U.S.

New Jersey 109

New Jersey Fraud Groups Report 109

PYMNTS

FEBRUARY 16, 2018

District Judge Jerome Simandle in Camden, New Jersey, follow reports released earlier this week that hackers stole more than $17 million from Russian banks in 2017. continues to focus on safeguarding corporates and FIs against external threats, the nation’s business community is also struggling with record levels of fraud.

New Jersey 101

New Jersey Fraud Survey Cards 101

PYMNTS

FEBRUARY 20, 2017

District Judge Esther Salas in New Jersey sentenced Vovnenko after he pleaded guilty last year to aggravated identity theft and conspiracy to commit wire fraud, reported Reuters. Vovnenko was also told to pay restitution of $83,368.

New Jersey 109

New Jersey Fraud Cards Online 109

PYMNTS

DECEMBER 16, 2020

That roster includes Washington State, New Jersey, Chicago and New York City. Read More On Restaurants: ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud DoorDash And Uber Fee Hikes Will Test Business Model – And Restaurants’ Patience COVID Surge Prompts Gov. percent and 37.6

National 160

National New York City Policies New Jersey 160

PYMNTS

FEBRUARY 1, 2019

According to Bloomberg , Attorneys General in Pennsylvania, Illinois and Connecticut are investigating existing allegations against the company, while New York, New Jersey and Massachusetts are looking to find any potential unknown violations. North Carolina is also part of the probe. And earlier this week, U.S.

North Carolina 108

North Carolina New Jersey Connecticut social media 108

PYMNTS

FEBRUARY 26, 2020

After that news was released, Google, Facebook and Twitter sent the company cease-and-desist letters. In New Jersey, lawmakers initiated a ban across the state on law enforcement using the company’s software. The company keeps the photos in its database, even after users delete them.

New Jersey 170

New Jersey New York Technology Google 170

PYMNTS

DECEMBER 6, 2018

Lawmakers in New Jersey have passed a bill to ban stores from going cashless. Additional violations would fall under the consumer fraud act, which means retailers could face penalties of up to $20,000. Senate Commerce Committee. Businesses would receive a $2,500 fine for a first offense, and $5,000 for a second.

NJ 133

NJ New York City New Jersey Philadelphia 133

PYMNTS

MAY 7, 2020

Kindred Group, which also supports gambling platforms in Europe and Australia, has been operating its Unibet brand in New Jersey and Pennsylvania for about a year. The platform is now searching for instant disbursement solutions that can better meet customers’ desire for instant gratification. US Payments Are Playing Catch-Up.

Online 142

Online New Jersey Pennsylvania Regulation 142

PYMNTS

JUNE 13, 2017

District Judge Esther Salas in New Jersey sentenced Vovnenko after he pleaded guilty last year to aggravated identity theft and conspiracy to commit wire fraud, Reuters reported. Vovnenko was also told to pay restitution of $83,368.

New Jersey 100

New Jersey System Industry Fraud 100

PYMNTS

FEBRUARY 20, 2020

MGM Resorts has locations in Las Vegas, Detroit, Mississippi, Maryland and New Jersey, and its properties include the Bellagio, Mandalay Bay, MGM Grand and Park MGM. The company also wants to use the space for other eSports events, as well as use other lounges and bars for similar events. “We

Las Vegas 130

Las Vegas Mississippi Detroit New Jersey 130

PYMNTS

DECEMBER 14, 2017

13) that former Rutgers University student Paras Jha pleaded guilty in federal court in New Jersey to charges, including writing code that enabled him to infect and control devices. Three computer hackers behind the Mirai botnet, which kicked websites offline last year in cyberattacks, have pleaded guilty to cybercrime.

New Jersey 170

New Jersey Report Fraud Security 170

PYMNTS

JANUARY 28, 2020

Virtual cards allow AP departments better control over expenses and cash flow, improve operational efficiencies and guard against card fraud. Furthermore, this solution forges deeper ties with suppliers, as payments are speedy and safe. Across The Next-Gen AP Automation Space.

Cards 143

Cards New Jersey Texas System 143

Abrigo

OCTOBER 3, 2014

Recently, Accounting Today’s editor-in-chief Daniel Hood spoke with Ralph Thomas , the CEO and executive director of the New Jersey Society of CPAs, to have a candid conversation about the challenges currently facing accountants for the website’s video series.

New Jersey 270

New Jersey social media Industry Regulation 270

Independent Banker

NOVEMBER 24, 2015

Current best practices in fighting wire fraud. With wire fraud on the rise, community banks have to step up precautions to protect themselves and their customers. Wire fraud incidents nearly doubled to 27 percent in 2014, from 14 percent a year earlier, according to the 2015 AFP Payments Fraud and Control Survey.

Community Bank 70

Community Bank Fraud Atlanta Community 70

PYMNTS

JANUARY 29, 2019

New Jersey was the ringleader of the effort, though it did enlist support from 17 other states and three additional state governors. It all comes down to security, authentication and fraud prevention. They cannot control which wall the DOJ and Congress” might eventually rule on this new betting regime.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

JULY 25, 2018

The subsequent legalization of sports betting in states like New Jersey promises to be a game changer for the companies that help gamblers lay their money down online. Russell Medley, director of risk management and fraud for gaming website 888.com It’s quite tricky in the U.S., Betting on the Future.

Online 100

Online Regulation Fraud New Jersey 100

PYMNTS

MAY 16, 2018

He predicts that the state of New Jersey will be accepting live electronic bets in time for the start of the American football season, and other states won’t be far behind; they’ll want to cash in on the season, he said. Fraud Isn’t A Problem. Payments will, of course, be central to online gaming and sports wagering.

Online 100

Online Fraud Industry New Jersey 100

PYMNTS

SEPTEMBER 20, 2017

Owned and operated by Donadio and headquartered in Verona, New Jersey, Top Notch is a company that marketed loans to consumers who were on tap to receive payments from legal settlements or victim compensation funds. Our proposed order seeks to knock these parties out of this business altogether, and impose penalties on them.”.

New Jersey 105

New Jersey National Company Payments 105

PYMNTS

MAY 24, 2016

– What are companies doing to battle cyber security and avoid fraud? In 2002, the New Jersey Technology Council named him “CFO of the Year.” . – B2B payment trends – how are businesses paying today, and what does this mean for AR? – Network-based payment solutions. Digital Discussion Presenter: Ed Jordan.

Cyber Security 109

Cyber Security New Jersey User Experience Innovation 109

PYMNTS

MARCH 22, 2016

When it comes to bitcoin, the stories about ransomware seem to be nothing out of the ordinary for the mainstream news cycle. Ironically, this most recent case comes less than a year after a New Jersey police officer from the same city was nabbed for selling bitcoin mining equipment.

Bitcoin 0

Bitcoin Los Angeles New Jersey Washington 0