PYMNTS

JUNE 9, 2020

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. The FTC and Ohio officials filed their complaint against the trio in U.S.

Ohio 130

Ohio Payments Texas Fraud 130

PYMNTS

DECEMBER 5, 2019

The duo allegedly — and with the help of more than a dozen others — worked to deploy malware known as Dridex (aka Cridex and Bugat) and for committing wire and bank fraud. They are connected with a Russian hacking group known as Evil Corp., which has been known to release malware.

Groups 130

Groups Fraud North Carolina US 130

PYMNTS

NOVEMBER 16, 2016

‘Tis the season … to be very, very wary of phishing and other types of fraud. The eCommerce fraud protection company, headquartered in Cleveland, Ohio, announced last Friday (Nov. The eCommerce fraud protection company, headquartered in Cleveland, Ohio, announced last Friday (Nov.

Fraud 100

Fraud Retail Cleveland Ohio 100

PYMNTS

JUNE 4, 2020

Through using the RTP network, the Columbus, Ohio-based company will be able to offer receipts and better communication options for payers and payees, including messaging, for both consumer and business customers, the release states.

Payments 131

Payments Columbus Ohio Meeting 131

Abrigo

MAY 24, 2023

Bipartisan support The SAFE Banking Act's long road to the Senate Many in the AML/CFT community have been watching the unfolding of the Secure and Fair Enforcement (SAFE) Banking Act for some time now with no significant progress. Sherrod Brown, D-Ohio, in the same hearing.

Lending 195

Lending Fraud Operations Ohio 195

PYMNTS

MARCH 19, 2020

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!”

Ohio 187

Ohio Seattle Payments California 187

PYMNTS

SEPTEMBER 28, 2016

The FTC and the states of Illinois and Ohio said they secured the consumer redress as part of a settlement of charges against One Technologies in Jan. They were also charged with violating the Illinois Consumer Fraud Act and the Ohio Consumer Sales Practices Act. com, FreeScoreOnline.com and ScoreSense.com.

Illinois 100

Illinois Ohio Online Fraud 100

PYMNTS

AUGUST 13, 2019

As a Federal Communications Commission cybersecurity planning guide recently noted, payroll systems often include among the most sensitive of data including employee bank account details, company bank account details, Social Security Numbers and more. Not every employee needs to access all of your information,” the FCC’s guide warns.

Arlington 150

Arlington System Ohio Virginia 150

PYMNTS

JULY 28, 2019

This is exactly why we established the Cyber Security Commission, focused on preparing for, responding to and preventing cybersecurity attacks, and we are well-positioned to assist local governments as they battle this current threat.”. A financial demand was made to restore everything back to normal.

Louisiana 162

Louisiana Cyber Security Ohio Atlanta 162

PYMNTS

OCTOBER 19, 2017

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.”. WEX made news on Aug.

Cards 100

Cards West Virginia North Carolina Virginia 100

PYMNTS

AUGUST 23, 2018

Darden said the Cheddar restaurants impacted are located in Alabama, Arizona, Arkansas, Delaware, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, Missouri, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia, and Wisconsin.

Cards 112

Cards South Carolina North Carolina Nebraska 112

PYMNTS

JULY 17, 2019

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.”.

cryptocurrency 142

cryptocurrency North Carolina Idaho Louisiana 142

Independent Banker

JUNE 29, 2015

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.

Community Bank 70

Community Bank Community Ohio Security 70

PYMNTS

AUGUST 10, 2018

And last year, a virus shut down the entire network of a county in Ohio , including that of the local police force. Baltimore was also hacked, with criminals able to break into the city’s dispatch system that supports emergency calls. Baltimore CIO Frank Johnson called the hack a “limited breach.”.

Baltimore 100

Baltimore Ohio Atlanta Bitcoin 100

PYMNTS

DECEMBER 8, 2017

Last week, an Ohio man was shot by the man who was supposedly going to sell him a PlayStation 4 Pro video game system for $180. However, it’s clear that not everyone using the platform has such noble intentions.

Ohio 101

Ohio Massachusetts Texas Community 101

PYMNTS

MARCH 22, 2017

m oderated by Cortex MCP CEO Shaunt Sarkissian, with participation from Ohio State Senator William P. And while the data drive alternative to the war on drugs might be a longer term goal, in the now, the problem is clearer: Get cannabis off cash and onto payments rails that are more secure and transparent.

Payments 123

Payments Taxes Colorado District of Columbia 123

Gonzobanker

NOVEMBER 9, 2015

Samsung bought LoopPay with its Magnetic Secure Transmission technology, which gives it the ability to reach merchants in a way that other wallets cannot due to having both the NFC (near-field communication) and MST (magnetic secure transmission) technologies. Innovation in security. Apple Pay … not.

blockchain 60

blockchain Bitcoin Lending Innovation 60

PYMNTS

JANUARY 22, 2021

Kroger became the newest entrant when it launched its new “KroGO” shopping carts on an experimental basis in an Ohio supermarket. Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud. As a result, financial institutions are reconsidering their approaches to digital payment security, particularly when it comes to debit.

Ohio 229

Ohio Virginia Mobile Retail 229

Gonzobanker

DECEMBER 19, 2022

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. You may remember Tyfone by its history in security and early entry into mobile banking, but you would recognize them by their red Converse Chucks at any industry event. talent market.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

OCTOBER 3, 2016

A class-action case was also brought about by customers who accused the bank of fraud and recklessness. Democratic U.S. presidential candidate Hillary Clinton promised that Wells Fargo will be held accountable for its recent scandal and what she described as the bank’s “egregious corporate behavior.”. “Really shocking, isn’t it?

Utah 168

Utah Ohio Fraud National 168

PYMNTS

OCTOBER 5, 2016

Wells Fargo Securities was in the state’s past pool and was senior manager on a $750 million state general obligation bond sale in May 2014, the report noted. “We will not reward companies that irresponsibly open new bank accounts and improperly repossess vehicles of members of our armed forces,” he was reported as saying.

Illinois 175

Illinois Chicago Ohio Report 175

PYMNTS

JULY 30, 2019

Sherrod Brown of Ohio said the committee would have his support if it held hearings to look into the incident. . “I About 140,000 Social Security numbers and 80,000 bank account numbers were compromised. . Crapo looking at legislation on data privacy and safeguards.” . Ranking committee member Sen. Reuters reported.

Capital 122

Capital Data US Idaho 122

FICO

JANUARY 5, 2023

CFPB Director Rohit Chopra has further indicated that he would like to see consumer protections akin to those for credit cards, including improving disclosures and fraud and dispute resolution protections. The SEC rules will require a new cyber security preparedness level that many organizations may not be meeting today. See all Posts.

Policies 52

Policies Company Regulation Risk Management 52

PYMNTS

DECEMBER 4, 2018

Said Ohio Democrat Sherrod Brown, such relaxing of rules could be harmful. financial system.”. As noted by Credit Union Times, there was some discussion over how relaxed rules should be for smaller financial institutions.

Innovation 161

Innovation Regulation Compliance Idaho 161