Abrigo

OCTOBER 31, 2022

The purchase amount threshold for the GTOs to apply remains at $300,000 , where it has been set since 2018 when it was determined that money laundering is widespread within all residential real estate, not only on higher-end, expensive properties. New York City and Miami were the original targets under the first order in 2016.

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New York City Las Vegas District of Columbia San Antonio 195

PYMNTS

FEBRUARY 21, 2020

In today’s top payments news, the New York attorney general accused the Taxi and Limousine Commission of drastically inflating the price of taxi medallions, and Apple is debating letting users change their default apps. NYC Taxi Commission Accused Of $810 Million Fraud.

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Apple Samsung Fraud New York City 150

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. Like with all new innovations, there are going to be some hitches to it,” Cavazos said. Sylo is sponsoring the event. It’s a very fine, delicate balancing act.”.

social media 150

social media Regulation New York City Baltimore 150

PYMNTS

JANUARY 16, 2020

In today’s top payments news, Apple buys artificial intelligence (AI) firm Xnor for $200 million, a panel in New York City is seeking a $500 million bailout for debt-burdened taxi drivers and Google modifies its search function to make finding and comparing apparel easier.

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Apple New York City New York Google 130

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. New York City and Miami were the original targets under the first order in 2016.

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El Paso Miami United States New York City 195

PYMNTS

SEPTEMBER 23, 2020

Even New York City has now greenlit indoor dining, but the great restaurant sector reset of 2020 is far from finished. When the seesaw stops and COVID cools down, mobile order-ahead (MOA) apps are poised to control a much larger swath of food commerce, with new complexities attending that growth. percent to 45.6

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Mobile New York City Fraud New York 245

PYMNTS

JULY 13, 2020

Some markets that have partially reopened, such as New York City, have mandated certain changes to in-person meetings to minimize potential health risks. They must ensure the onboarding technologies they use are fast, easy to navigate and secure, meaning data accuracy and upgraded fraud protection tools should be top of mind.

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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.

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Fraud Data Delaware New York City 109

FICO

JULY 1, 2022

Global Fraud Trends: What’s Happening and What’s Next? Here are the highlights from the fraud trends breakout session at FICO World 2022 with a panel of fraud professionals from Brazil, Turkey and North America. A lot has changed since the last pre-pandemic FICO World conference, held in November 2019 in New York City.

Fraud 52

Fraud Trends South Carolina Risk Management 52

PYMNTS

JULY 14, 2020

Some markets that have partially reopened, such as New York City, have mandated certain changes to in-person meetings to minimize potential health risks.”. Such is the now-alien landscape of home buying. Getting The Data Piece Right. But blind spots remain.

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Data New York City Video New York 131

FICO

JANUARY 8, 2020

At long last, fraud and compliance infrastructures are starting to converge. Fraud and Compliance Infrastructures Converge. I’ll start with an important distinction — from a process standpoint, the financial industry has been talking about the convergence of fraud and compliance for almost a decade. by Doug Clare.

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Compliance Fraud New York City Analytics 52

PYMNTS

OCTOBER 22, 2018

Earlier this month CNBC reported New York City Comptroller Scott Stringer said Facebook’s board needs to make a real commitment to addressing the risks. “We The report noted that the proposal to remove Zuckerberg from the CEO job and the board is a symbolic one, since Zuckerberg has control of the board.

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New York City Company social media New York 187

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

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Data New York City New York Fraud 100

PYMNTS

AUGUST 14, 2018

The chain is also rolling out a voice-activated mirror in its flagship New York City location. Sleep Number Unveils New Interactive Store In New York City. Shoppers at the NY store can see a digital map that shows how people in neighborhoods across the city are sleeping.

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Apple New York City New York blockchain 100

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.

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Payments New York City Fraud New York 125

PYMNTS

NOVEMBER 6, 2018

Welcome to Five at Five, your late look at the day’s payments and commerce news. NCR makes a fraud prevention move, Airbnb landlords get a hefty fine, Amazon does a split take and a transit startup lands a big investment. NCR Buys StopLift To Prevent Retail Fraud. Amazon Eyes Two-City Split For HQ2. Transit Raises $17.5M

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Taxes New York City Dallas Virginia 108

Let's Talk Payments

MARCH 25, 2016

Booz Allen provides professional services primarily to US government agencies in the defense, security, and civil sectors, as well as to corporations, institutions, and not-for-profit organizations. The company provides a.

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New York City New York Company US 40

PYMNTS

DECEMBER 20, 2019

Others are getting into the act, and quickly too, including New York City-based mobile store Bandit, various pop-ups and so-called “phantom kitchens” without seating from quick-service restaurants (QSRs) including Wendy’s and Chick-Fil-A. Fraudsters rely on this fact and tirelessly seek to exploit new openings.

Mobile 131

Mobile Fraud New York City Metro 131

PYMNTS

DECEMBER 17, 2019

Fraudsters continue to haunt the mobile order-ahead industry, however, with friendly fraud being a particularly well-documented menace. DoorDash ’s competitor, Grubhub , is taking heat from the New York City Council, which is asking it to pay back restaurants for fees charged for phone calls that did not result in sales.

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Mobile New York City New York Industry 131

PYMNTS

DECEMBER 3, 2019

This type of fraud covers for cybercriminals by tricking unsuspecting consumers into believing that they have landed lucrative work opportunities when they are actually participating in criminal enterprises. The following Deep Dive unpacks how reshipping fraud works, and how both merchants and consumers can stay vigilant against it.

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Fraud New York City social media United States 134

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

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. However, fast time to market only accentuates fraud risk, because real-time payment systems are catnip to fraudsters.

Fraud 40

Fraud Payments Compliance New York City 40

PYMNTS

SEPTEMBER 10, 2019

As a result, companies must either invest in teams of AML specialists or fraud-fighting technologies. The September AML/KYC Tracker takes a look at the latest fraud challenges and efforts to ensure tight security and compliance. B2B Payments: Moving from Inertia to Ignition.

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Apple New York City Payments New York 108

PYMNTS

JULY 10, 2020

Ryan Leblond , manager of fraud prevention and investigations at ESL Federal Credit Union , explained these key strategies in a recent PYMNTS interview. Leblond said that banks and credit unions must still be somewhat measured when sharing fraud-fighting tips with customers to avoid airing too many of their anti-fraud strategies, though. “We

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Analysis Fraud New York City Security 132

PYMNTS

JANUARY 18, 2019

Recently, Taco Bell opened three more Cantina venues in New York City. It’s easier for Taco Bell, Shake Shack and other major chains to leverage their existing reputations to get new customers to put their trust — and credit card information — into their apps. For the rest of the latest headlines, download the Tracker.

Mobile 164

Mobile New York City Fraud Security 164

Insights on Business

NOVEMBER 8, 2018

There was a lot of buzz at the event on fighting fraud faster as criminals have become more adept at fraud schemes in record time. With the help of AI, IBM is protecting banks from fraud within hours.

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Industry San Francisco New York City Fraud 143

PYMNTS

JUNE 5, 2019

But news this week from the police beat reminds us not only that the iPhone remains a juicy target for thieves, but that it can also play a role in pretty brazen illegal schemes – a trend that has played out in other parts of the digital sphere as well. 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

NOVEMBER 16, 2018

While the previous purchase amount threshold varied by city, it’s now set at $300,000 for each metropolitan area, covering certain counties within the following major locations: Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle.

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Las Vegas San Antonio Report San Diego 134

PYMNTS

DECEMBER 16, 2020

As PYMNTS reported in this space earlier in the month , the aggregators have faced challenges from several states and cities that have instituted caps on the fees that can be charged to restaurants. That roster includes Washington State, New Jersey, Chicago and New York City. percent and 37.6

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National New York City Policies New Jersey 160

PYMNTS

JANUARY 14, 2021

Numerous technological and logistical challenges have emerged as firms work to vet and verify applicants without meeting them in person, with 80 percent of companies recently reporting that they experienced candidate fraud. Around The Digital Identity Space.

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Video Tools New York City New York 184

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

DECEMBER 6, 2018

Additional violations would fall under the consumer fraud act, which means retailers could face penalties of up to $20,000. New York City and Philadelphia are also reportedly considering similar bans. Businesses would receive a $2,500 fine for a first offense, and $5,000 for a second.

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NJ New York City New Jersey Philadelphia 133

PYMNTS

DECEMBER 15, 2017

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. million in funding it just raised to continue growing in the fraud and risk management industry.

Fraud 115

Fraud Capital New York City Lending 115

Independent Banker

APRIL 30, 2022

Operations play a role across multiple facets of community banking, including account onboarding, payments and transactions, fraud analysis, compliance and regulatory guidelines. We believe operations is the “engine” that drives every aspect of banking and, ultimately, the bottom line. Take, for example, $7.1

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Innovation Community Bank New York City Community 91

PYMNTS

AUGUST 16, 2019

As with many aspects of the mobile ordering scene, however, fraud continues to creep into the picture. The company recently partnered with Grubhub and Seamless to offer Dunkin’ Delivers delivery options in New York City, with plans for more major markets to be added by the end of the year.

New York City 191

New York City Mobile New York Fraud 191

PYMNTS

AUGUST 12, 2019

In a smattering of individual instances of fraud: In Canada, SaskEnergy said that it fired an employee amid allegations that the unnamed worker had misappropriated a fuel card, racking up $30,000 in charges between 2004 and 2019. In Canada – and in the US, too.

New York City 149

New York City Phoenix Fraud Florida 149

PYMNTS

MARCH 25, 2019

Work, she noted, that starting next month will soon change the lives of millions of commuters nationwide, starting in New York City – and will give card issuers greater opportunity to stay at the top of consumers’ wallets. Building New Consumer Habits.

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New York City Los Angeles New York Training 179