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West Virginia bank buys fraud prevention firm

American Banker

MVB Financial plans to use Paladin Group to advise its bank and a number of its fintech clients.

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Why US Credit Card Fraud Complaints Are On The Rise

PYMNTS

Credit card fraud complaints in the U.S. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. At the state level, the number of credit card fraud complaints were much more pronounced. Across the U.S.,

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Report: 80 Pct. Of NJ Gamblers Place Wagers Online

PYMNTS

Mobile betting, however, is only allowed in five: New Jersey, Pennsylvania, West Virginia, Iowa and Nevada. com to invest in automated authentication processes, according to Russell Medley, 888’s director of fraud and risk management. Geofencing ensures mobile apps stay within each state. at more than $40 billion by 2020.

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WEX Extends Fuel Card Contract With Sheetz

PYMNTS

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.”.

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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. All from Keystone, West Virginia. However, it seems unlikely that McConnell didn't orchestrate the fraud.

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Health Care Companies Data At Risk Of Being Compromised

PYMNTS

John Huff, director of the Missouri Department of Insurance, said in a statement in the report that information on 411,786 members of Blue Cross Blue Shield of Kansas City was potentially taken.

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Procure-to-Pay, 3 Ways Analytics Reduces Risks and Costs

FICO

This article from the State of West Virginia is a perfect example: "More than 17% of Purchase Card transactions lacked sufficient documentation". Procure-to-pay: 3 Ways Analytics Solves Problems. (1) 1) Analytics can provide 100% coverage. You are able to monitor 100% of transactions.