PYMNTS

MAY 2, 2016

The Internal Revenue Service has estimated that the business of tax evasion is a costly one for the government. Tax cheats cost the government as much as $458 billion annually, according to data tabulated between 2008 and 2010. And the IRS has stated that it expects to recover about $52 billion of that aforementioned $458 billion.

Taxes 100

Taxes US United States Fraud 100

PYMNTS

NOVEMBER 29, 2018

Federal authorities in Germany raided six offices of Deutsche Bank on Thursday morning (November 29), searching for evidence about money laundering and offshore tax havens, according to a report by The Wall Street Journal. The searches could very well continue into Friday, authorities said.

Taxes 129

Taxes United States Report Company 129

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. The Association of Real Estate License Law Officials estimates that there are more than 3 million active real estate licensees in the United States. In 2017, over 5.51 In 2017, over 5.51

El Paso 195

El Paso Miami United States New York City 195

PYMNTS

NOVEMBER 12, 2019

April is months away, but tax season is likely top of mind for crypto holders. To that end, in the United States, the Internal Revenue Service (IRS) has said that huddling with other tax authorities across the globe has helped train a spotlight on how to detect and thwart tax evasion efforts.

Taxes 101

Taxes Bitcoin cryptocurrency Fraud 101

Abrigo

JUNE 8, 2022

Takeaway 3 Anti-Money Laundering and Fraud monitoring software can help combat this serious crime. World Elder Abuse Awareness Day is an international United Nations observance day commemorated each June 15 by most countries around the globe. Reports of abuse in this demographic is one of the most common in the United States.

Training 195

Training Fraud National Resources 195

PYMNTS

APRIL 9, 2020

This is something that is noticeably difficult when many of these entities in the United States, for instance, still rely on checks as the go-to disbursements default. government has made additional changes to help both businesses and consumers deal with the strains of COVID-19, by extending the deadline to file taxes to July 15.

Taxes 178

Taxes Mobile Fraud United States 178

ZootBlog

MAY 18, 2016

This is the first in a two-part series as we look more deeply at fraud concerns and best practices for managing this ever-changing threat. Over the past couple of weeks we’ve been discussing fraud mitigation strategies on ZootBlog—everything from EMV chip cards to encryption, tokenization, and biometrics.

Fraud 67

Fraud Taxes United States Study 67

PYMNTS

JUNE 2, 2020

The company wrote in its United States patent application that it can be challenging, if not impossible, to ascertain the trustworthiness of a party as activities move online and internationally. Amazon Technologies Inc. It noted, “Trust is earned. Gartner Inc.,

blockchain 142

blockchain United States Taxes System 142

PYMNTS

JUNE 16, 2020

Additionally, Kellerman called for a tax credit to encourage firms in the financial vertical to set aside 10 percent of their information technology (IT) budgets at a minimum toward cybersecurity.

US 227

US Cyber Security Security National 227

CFPB Monitor

JULY 6, 2021

The Priorities purport to identify and describe the most significant AML/CFT threats facing the United States. This Priority is not specific, like “securities fraud,” or “e-mail compromise scheme fraud” – it’s just “fraud,” with no qualification. The Priorities and Their Utility. Proliferation financing.

United States 78

United States Fraud Regulation Compliance 78

PYMNTS

JUNE 13, 2019

Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data.

Security 129

Security blockchain San Francisco United States 129

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. No matter the reason or method, it seems fraud prevention for retailers continues to get more challenging. One big reason, according to the report?

Retail 218

Retail Online Cards Data 218

PYMNTS

SEPTEMBER 16, 2019

The requests come on top of a busy week in antitrust investigations where, as has been widely reported, a group of 50 attorneys general stood on steps of the United States Supreme Court on Monday and announced an investigation into Google’s advertising practices. On the Continent — and Taxes in Sight.

social media 122

social media Google Taxes Arkansas 122

PYMNTS

AUGUST 20, 2019

Instagram is inviting a group of security researchers known as white hat hackers to stress-test its Checkout feature before it launches outside the United States. Instagram is a place for people to treat themselves with inspiration, not a place to tax themselves with errands.

Security 116

Security social media United States Taxes 116

PYMNTS

JANUARY 8, 2018

Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Good news for consumers avidly awaiting their tax refund for 2018: Credit Karma Tax is rolling out a new product call Earlybird Advance, an online refund advance service. And that was just Tuesday.

Taxes 105

Taxes Data Louisiana Colorado 105

PYMNTS

JANUARY 15, 2021

The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones without going through a URL entry. For more on these and other QR code news items, download this month’s Tracker. Decathlon On The QR Code Deployment Challenge For The U.S.

Retail 207

Retail Security Payments United States 207

PYMNTS

JULY 5, 2019

Earnings season serves as a barometer of the health of companies, and as always, offers management commentary on the state of the general economy. Many firms, with reach global in scope, also are doubtless going to reference and spotlight the impact on the trade war between China and the United States.

Apple 128

Apple United States Branding Taxes 128

Abrigo

JULY 12, 2021

This is a growing concern worldwide and is a growing threat in the United States. The report shines a light on corruption, tax fraud, drug trafficking, and labor trafficking as being linked to environmental crime. According to FATF, this is the first comprehensive assessment of how REMVEs raise, move, and use funds.

Training 195

Training Policies United States Report 195

PYMNTS

AUGUST 1, 2018

MGM officials will also reportedly help the league detect fraud and game-fixing. Beyond that, legal gambling culture in the United States, despite the Supreme Court ruling , remains a tangle of state laws and regulations. That could lead to additional taxes, possibly at or above 15 percent.”.

United States 101

United States Online New York Louisiana 101

FICO

MARCH 17, 2021

The GAO Study goes on to say that “In addition to TBML, criminal organizations may also be involved in other trade-facilitated criminal activity, such as customs fraud, trafficking in counterfeit goods, or tax evasion.”.

Study 98

Study United States Groups Trends 98

PYMNTS

AUGUST 6, 2018

The report noted that the filing also disclosed that Wells Fargo is being investigated in formal and informal manners by a government agency or agencies into how it purchased federal low-income housing tax credits. The United States alleged that, in 2005, Wells Fargo began an initiative to double its production of subprime and Alt-A loans.

United States 120

United States Software Taxes National 120

PYMNTS

SEPTEMBER 6, 2019

Visa: Chip Cards Reduce Counterfeit Fraud By 87 Pct. Report: The Risky Business Of Navigating Online Sales Tax For Merchants. In some ways, the United States and China exist as mirror images , at least when it comes to economic drivers. Chip cards are now accepted at more than 3.7 That’s an 825 percent increase.

Innovation 116

Innovation Payments Apple United States 116

PYMNTS

MARCH 22, 2018

Prior to Mastercard, he spent 20 years at Citibank, where he held several leadership positions, including managing parts of Citibank’s Consumer Financial Services business in the United States, Brazil, Puerto Rico and the United Kingdom.

Puerto Rico 101

Puerto Rico United States Leadership Data 101

PYMNTS

FEBRUARY 21, 2018

Perhaps it isn’t surprising that analysts are now musing about how to avoid a repeat of the Punjab National Bank fraud scandal, and some are looking towards blockchain to do so. United States. Blockchain may be shaping up to be a topic left to individual states to handle.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

JANUARY 24, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The Bank App Feature 54.1 Percent Of Consumers Agree They Want.

Payments 150

Payments New York Mobile United States 150

Abrigo

AUGUST 27, 2021

COVID-19 creates new opportunities for fraudsters Fraudsters have taken advantage of COVID-19-related fraud schemes with the influx of money from government stimulus and vulnerable individuals. Takeaway 1 COVID-19 has sparked new fraud schemes, and cyber-enabled fraud is on pace to reach new highs. Current State of Fraud.

Fraud 195

Fraud Training Regulation Video 195

Abrigo

MARCH 3, 2021

While the typologies of EIP fraud are not new, FinCEN has provided examples of trending types of EIP-related criminal activities. . Takeaway 1 FinCEN has provided examples of the trending types of EIP fraud. . Takeaway 3 FinCEN has requested specific SAR filing instructions for EIP fraud. . Red flags for EIP fraud.

Fraud 195

Fraud Payments ATM Trends 195

PYMNTS

NOVEMBER 10, 2017

Juniper Research estimates that speaking to speakers will be a common practice in 55 percent of homes in the United States within five years. No respondents have seen a boost in fraud. Sizzle: Voice assistants to be a part of daily home life: Soon the chatter will be everywhere. Speed, it seems, thrills.

Retail 100

Retail New Jersey Taxes Virginia 100

PYMNTS

MARCH 4, 2016

After all they may have to give back more than they recoup should they be exposed in the light of the United States legal system. But the truth, said Bloomberg , may be a bit more mundane. Of that $2.5 billion thus unclaimed, said the newswire, roughly $1.2 Of the two funds, the bigger one is Harley International (Cayman) Ltd.,

Virgin Islands 100

Virgin Islands United States New York Taxes 100

FICO

MARCH 31, 2016

At FICO World, two senior FICO leaders, experts in the areas of fraud and financial crime prevention, will engage in a lively discussion of how best to approach some of the top global compliance threats in the areas of anti-money laundering, know your customer (KYC), tax and business due diligence.

Compliance 40

Compliance DC Washington Regulation 40

Current

DECEMBER 9, 2020

Civilians who work for the federal government, such as employees of the United States Postal Service, could be eligible for this form of unemployment. The Employment Development Department (EDD) of the State of California says filing online is the quickest and most convenient way to get your benefits. Loss of future tax refunds.

California 52

California Taxes Online Meeting 52

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Mozido’s fintech fraud fiasco. And others disappear forever.

Fraud 78

Fraud Las Vegas Company Video 78

Abrigo

FEBRUARY 2, 2020

The global AML community has long seen the United States as behind in knowing their true customers (think Delaware incorporations). Shell companies, particularly in tax haven countries, can be used for legitimate business purposes, but they are also known to be vehicles for money laundering.

United States 195

United States Regulation Delaware Policies 195

Tomorrow's Transactions

DECEMBER 12, 2014

United States. with the middle classes abandoning the stuff entirely except for tax evasion, drugs and prostitution. In case you’re wondering, that’s me drinking French champagne in a toast to celebrate that France took over from the UK as the card fraud capital of Europe in 2013.

Cards 66

Cards Payments Taxes Retail 66

PYMNTS

JANUARY 10, 2019

Top markets include Japan, the United States and Korea. Platform operators and merchants must conduct due diligence related to everything from intellectual property and tariffs to tax laws and FX rates. One is account takeover — well-documented in this space — and the second type is merchant fraud.

United States 158

United States Regulation Compliance Strategy 158

PYMNTS

AUGUST 21, 2018

Some of the root causes of this latest crisis are political ones, where, as The New York Times reported, there have been disputes between the United States and Turkey over who was behind a failed coup (and individuals detained on both sides in its wake) a few years ago. The spiral can be tough to overcome.

Policies 136

Policies blockchain Taxes Bitcoin 136

PYMNTS

JANUARY 1, 2021

Cross-border online sales in the United States as a share of total eCommerce surged by 40 percent in May compared to the same month in 2019, and the rate of growth was six times higher than in the previous month. There was another inconspicuous but remarkable dimension to these trends, however. Credit Union.

Trends 259

Trends Video Retail Payments 259