PYMNTS

JULY 14, 2019

And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported. The materials were reportedly presented to agency staff at a June event in Washington, D.C. at the World Bank.

blockchain 140

blockchain Bitcoin Fraud social media 140

PYMNTS

APRIL 21, 2016

A Washington, D.C.-area area grocery story chain is only allowing customers to purchase reloadable or prepaid gift cards with cash or bank PIN-based debit due to a significant increase in credit card fraud. This change has been made in order to mitigate potential fraud risk.”.

Cards 100

Cards Fraud Policies Washington 100

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

JULY 7, 2020

Americans have lost more than $77 million in COVID-19 fraud since the start of the year, according to the Federal Trade Commission (FTC). But that number misses an unprecedented scope of scams connected to the coronavirus, according to John Breyault , a spokesman for the National Consumers League , the Washington, D.C.-based

US 175

US Fraud Illinois Washington 175

FICO

APRIL 27, 2016

900 risk managers, fraud managers, marketers, debt managers, IT strategists, analytic scientists and other business professionals from 45 countries are in Washington, DC to take part in FICO World 2016, a four-day conference on analytics and decision management.

DC 40

DC Washington Video Conference 40

PYMNTS

JULY 5, 2020

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. The GSA is estimated to spend around $6 billion per year on open market credit card purchases.

Online 149

Online Retail Washington Fraud 149

Finer Points

MAY 29, 2014

The public policy end was to protect Americans by driving seedy, fraud-laden businesses out of business. Washington' Department of Justice-led joint effort with federal regulators designed to choke off access to banking services by businesses engaged in fraudulent or otherwise illegal activities.

Washington 183

Washington Policies Fraud Regulation 183

FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. Financial institutions (FIs) are not letting fraud trends like scams fade into background noise, but fraud awareness is rising among customers and both the banks and customers are eager to mitigate as much as possible. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Payments South Carolina Compliance 52

PYMNTS

DECEMBER 14, 2020

The Russian embassy in Washington has denied any involvement in the attacks and called the allegations “ unfounded.”. They also come at a time of increased digital traffic brought on by the coronavirus, as well as a commensurate rise in fraud and other digital schemes to steal valuable data or money. SolarWinds Clients.

Security 214

Security US Washington Software 214

PYMNTS

NOVEMBER 24, 2020

Metromile launched in 2016 and is currently available in eight states, including California, New York, Washington, Pennsylvania and Arizona. Metromile also licenses its cloud-based software to other insurance companies to help them increase efficiency, automate claims, reduce fraud losses and boost employee productivity.

Arizona 264

Arizona Pennsylvania Capital Washington 264

PYMNTS

DECEMBER 17, 2020

A less sunny aphorism, to be sure, but one that is unfortunately applicable this week as two pieces of good news – the circulation of a vaccine for COVID-19 and signs of life in a stimulus deal out of Washington before Congress breaks for the holidays – are spotlighting the dark clouds accompanying them. The FTC marked $201.26

Fraud 210

Fraud Taxes Washington Security 210

PYMNTS

APRIL 2, 2020

The story, first reported by TechCrunch, revealed the alleged fraud by Jian Liu is believed to have begun in the second quarter of last year. The three-person special committee has retained Chicago-based law firm Kirkland & Ellis as counsel and FTI Consulting of Washington, D.C.

Fraud 130

Fraud Chicago Washington Security 130

PYMNTS

APRIL 5, 2019

To that end, Vocalink , a Mastercard company, released its third annual Business Fraud Report , which found that as much as 73 percent of the U.K. Additionally, 22 percent of respondents said someone has attempted to commit payments fraud against their businesses. As reported last year, £1.2 The study found that only 32 percent of U.K.

Study 122

Study Industry Fraud Survey 122

FICO

FEBRUARY 16, 2023

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%). We saw that in 2022, 58% of the attempted transactions in fraud cases were balance inquiries. Debbie holds a B.A.

Cards 98

Cards US Data Fraud 98

PYMNTS

JULY 30, 2019

Kevin Zosiak, who lives in Stamford, Connecticut, and whose personal information was compromised in the breach, filed the suit in federal court in Washington, D.C., Thompson, on a charge of computer fraud and abuse, The Washington Post reported. Reuters reported. The suit is seeking class-action status. .

Capital 108

Capital Connecticut Washington social media 108

PYMNTS

JANUARY 19, 2021

In the latest PYMNTS TV episode, GeoGuard CEO David Briggs and People’s United Bank Vice President of Financial Crimes and Fraud Intelligence Karen Boyer build the business case for why financial institutions (FIs) must now use geodata and geodata analytics in the fight against fraud and financial crime.

DC 142

DC Payments Fraud Regulation 142

PYMNTS

NOVEMBER 25, 2019

The impacted utilities operate in 18 states from Maine to Washington, including Cloverland Electric Cooperation in Michigan, Klickitat Public Utility District in Washington state and Basin Electric Power Cooperative in North Dakota. The email was then downloaded onto a disk and sent to the FBI for analysis.

North Dakota 161

North Dakota US Washington Wisconsin 161

PYMNTS

JUNE 20, 2019

As for allegations of bank and wire fraud against the company, as well as his daughter, CFO Meng Wanzhou, Ren said the banks “have full knowledge of all those business activities.”. prosecutors filed criminal charges against China’s largest technology company, accusing it of stealing trade secrets and committing bank fraud.

Fraud 100

Fraud Washington New York Company 100

PYMNTS

OCTOBER 26, 2018

Cyber frauds are a pervasive, significant and growing threat to all companies, including our public companies,” said SEC Chairman Jay Clayton at the time the report debuted. Reports from various news sources said this week that scammers who posed as city vendors bilked nearly $700,000 from the Washington, D.C. city government.

Washington 122

Washington Fraud Security Report 122

PYMNTS

APRIL 1, 2020

In the March Credit Union Tracker® , PYMNTS analyzes the latest developments in the CU space, such as how they are tackling fraud protection challenges in a growing online banking ecosystem. Around The Credit Union World. Members have different banking preferences today than they have exhibited in the past, with 21.9

United States 181

United States Innovation Online Tools 181

PYMNTS

APRIL 21, 2020

The Washington, D.C. Allstate On Using AI To Fight Insurance Claims Fraud. While digital claim filing has made processes more frictionless than ever, it’s also opening new doors to fraud. restaurant industry has asked Congress for more financial aid, as the industry faces losing an estimated $240 billion by year’s end.

Company 141

Company Payments Taxes Fraud 141

PYMNTS

MARCH 17, 2020

“We’re encouraged by American technology companies looking to leverage aggregated, anonymized data to glean key insights for COVID-19 modeling efforts,” an official with the White House’s Office of Science and Technology Policy told The Washington Post.

US 164

US Washington New York Data 164

PYMNTS

OCTOBER 11, 2018

IBT Media, which owned Newsweek during the alleged fraud but has since spun the publication off into a separate entity, is accused of partnering with Christian Media Corp. , a faith-based online publisher in Washington, D.C., to carry out the fraud scheme.

Fraud 100

Fraud Washington Company Security 100

PYMNTS

JUNE 24, 2020

FTI Consulting , the Washington, D.C.-based The 50-year-old executive faces charges of accounting fraud and market manipulation designed to artificially inflate the FinTech’s balance sheet. After a week of bad news, the embattled Wirecard AG caught a break from lenders that provided 1.75 and Mastercard Inc.

NV 153

NV Washington Fraud Regulation 153

PYMNTS

SEPTEMBER 12, 2018

federal judge says that securities law applies to crypto fraud, China has a lead in an important patent area and a major bank makes a big investment push in cities. Judge Says US Securities Law Applies t o Crypto Fraud Cases. Since then, it has invested $40 million in Chicago and $25 million in Washington, D.C.,

Detroit 100

Detroit Chicago Fraud Washington 100

PYMNTS

NOVEMBER 12, 2020

12) filed a lawsuit in federal court in Washington state against 13 individuals and businesses “for advertising, promoting and facilitating the sale of counterfeit luxury goods in Amazon’s store,” the online retail and tech giant announced in a press release. District Court for the Western District of Washington.

social media 132

social media Washington Video Retail 132

PYMNTS

NOVEMBER 26, 2019

The latest class-action suit, filed by Eric Young and Adam Kurtz at the district court in the Western District of Washington on Nov. In other news, crypto exchange Bitfinex and its sister firm, stablecoin issuer Tether , have been accused again of manipulating the bitcoin markets. Defendants’ control of USD?

Bitcoin 130

Bitcoin Marketing blockchain Washington 130

PYMNTS

AUGUST 20, 2019

Rewards program fraud is not isolated to the food and beverage industry, however. is making strides in fraud prevention for its rewards program. If one customer is placing orders in several cities at once, for example, the tool can easily detect fraud. First-party mobile ordering apps are taking other steps to prevent fraud.

Fraud 134

Fraud Security Data Washington 134

PYMNTS

FEBRUARY 6, 2017

The ISPs, said The Washington Post , had been cleared to operate within the program weeks ago. The implication of truncated access to the program, said the Post , is that waste fraud and abuse can be avoided. Lifeline could potentially reach as many as 13 million Americans. Lifeline itself is funded across taxpayers’ utility bills.

Washington 100

Washington New York Fraud Mobile 100

Abrigo

NOVEMBER 2, 2021

With the 2021 change in administration in Washington, D.C., Whistleblowers may be aware of fraud within an institution, corruption, systemic program deficiencies, or even a lack of strengthening programs as expected by regulators. Fraud Prevention. Fraud Trends. Preventing Cyber Fraud – Video. BSA Training.

Compliance 195

Compliance Regulation Resources Policies 195

PYMNTS

JULY 29, 2019

The Washington Post reported that the FBI has arrested a Seattle area woman, Paige A. Thompson, on a charge of computer fraud and abuse. While I am grateful that the perpetrator has been caught, I am deeply sorry for what has happened,” Richard D.

Cards 116

Cards social media Capital Seattle 116

PYMNTS

JULY 31, 2019

Seattle-based Thompson was charged with one count of computer fraud and abuse following her arrest on Monday (July 29). Kevin Zosiak, who lives in Stamford, Connecticut, and whose personal information was compromised in the data breach, filed the suit in federal court in Washington, D.C., Reuters reported.

Capital 115

Capital Data Seattle Connecticut 115

PYMNTS

JUNE 2, 2016

This data specifically refers to the Washington-based Board of Governors, a federal agency that is required by law to maintain public records. 7 | Number of fraud incident reports by the Fed’s national cybersecurity team that impacted the Board of Governors between 2011-2015.

Data 100

Data Washington National Regional 100

PYMNTS

FEBRUARY 25, 2019

As fraudsters get more brazen and inventive in the digital information ecosystem, many companies are realizing they can’t thwart these bad actors on their own, and must instead turn to new partnerships in their fight against fraud. Speaking of DMVs, some states are piloting a program that implements biometrics into physical drivers’ licenses.

Wyoming 134

Wyoming Idaho Maryland Colorado 134

PYMNTS

NOVEMBER 20, 2019

Blockchain forensics company CipherTrace indicated in an August report that cryptocurrency thefts, scams and fraud might exceed more than $4.3 The company also expanded its global regulatory team, and it will be the first blockchain company with an office in Washington, D.C. . A smaller category was the sale of credit card details.

cryptocurrency 124

cryptocurrency blockchain Bitcoin Washington 124

Abrigo

FEBRUARY 25, 2022

The year 2021 saw a continuation of pandemic policies and changes, a new administration in Washington , and regulatory reform from the Financial Crimes Enforcement Network ( FinCEN ). Improve your program with insights from the 2021 BSA/AML and Fraud Staff Survey by Abrigo: Top Issues for FinCrime Fighters. What to Watch. Now that the?

Regulation 195

Regulation Policies Compliance Washington 195

PYMNTS

AUGUST 12, 2019

As reported this past week by Fox 5 in Washington, D.C., 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