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 Justice Department Indicts 80 in Massive Online Fraud Scheme

PYMNTS

22) the Justice Department unsealed an indictment —spanning 252 counts — against 80 defendants for alleged online scams that bilked firms and individuals of tens of millions of dollars. As reported, many of those indicted are Nigerian nationals. Late this past week, on Thursday (Aug. The indictment was unsealed by the U.S.

Fraud 145
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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services

Perficient

BB : In 1992, I discovered these online bulletin boards, where you could communicate with people all around the world. I eventually got headhunted to work for City National Bank in Los Angeles. MM: So, you started at City National Bank, and was the bank online before you got there? MM: What happened next?

Industry 539
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How Cargomatic Leverages Geocoding To Meet Pandemic-Driven Supply Chain Challenges

PYMNTS

The pandemic’s onset triggered a mass migration of consumers to online channels to meet their everyday shopping needs, with merchants following suit. Los Angeles-based logistics online marketplace Cargomatic is one firm that saw supply chain conversion accelerate immediately with the pandemic-induced surge in online sales.

Meeting 147
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Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

PYMNTS

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. Approximately 30,000 U.S.

Payments 191
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Happy Returns: In-Person Returns For eTail

PYMNTS

In a twist on contemporary retail trends toward online channels, consumers still largely prefer to return in-store. The easiest way to describe what we do,” said David Sobie, CEO of Happy Returns , “is that we’re the buy online, return to store option for retailers that don’t have stores.”. and Houston. and Houston.

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How Connected Consumers Order Ahead During Their Commutes

PYMNTS

From SPOT to Starbucks , online platforms and retailers are providing consumers with new ways to place orders or make purchases from the car. SPOT serves cities including Los Angeles, Miami and Philadelphia, per a report last year. company-operated transactions. percent – of commuters – who did the same in 2017.

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Should QSRs Be Scared Of ‘Ghost’ Restaurants?

PYMNTS

Cloud kitchens, sometimes called KaaS (kitchens as a service) or ghost kitchens have emerged as a new model, driven by the rise of online ordering and delivery services. Recent data indicates that consumers increased their spending on online food delivery in 2019 by almost 15 percent year over year.