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Fraud in UK at level where it ‘poses national security threat’

TheGuardian

UK Finance said fraudsters had capitalised on the coronavirus pandemic, with criminals targeting children as young as 14 via social media to become money mules.

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Attorneys General From 47 States To Probe Facebook

PYMNTS

The social media company’s shares dropped 3.9 Our investigation now has the support of 47 attorneys general from around the nation, who are all concerned that Facebook may have put consumer data at risk, reduced the quality of consumers’ choices and increased the price of advertising.”. percent on the news, CNBC reported.

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NY To Lead 47 AGs In Nationwide Facebook Antitrust Probe

PYMNTS

The social media company’s shares dropped 3.9 Our investigation now has the support of 47 attorneys general from around the nation, who are all concerned that Facebook may have put consumer data at risk, reduced the quality of consumers’ choices and increased the price of advertising.”. percent on the news, CNBC reported.

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Happy National Coffee Day: Let’s All Celebrate Contextual Commerce

PYMNTS

As a nation of awake-earliers, up-very-laters, last-minute-crammers and entrepreneurs who simply never sleep at all, in this country, we like our coffee. Welcome To National (Free) Coffee Day. If you happened to have missed it, National Coffee Day was technically yesterday, Friday (Oct. National Taco day is next week (Oct.

National 103
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New York City Council Bans Cashless Food And Retail Stores

PYMNTS

Applebaum added that communities of color in New York City are more than twice as likely to lack access to a bank and are less likely to host a branch of a bank than the national average. Praising Torres and the other councilmembers, he said the bill would ensure that everyone can shop or eat at any place in the city.

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The Rapid Rise Of Social Credit Scores 

PYMNTS

This has led consumers in China to complain that the system is a back-door mechanism for social control, largely meant to limit the freedom of mobility among Chinese nationals. government is not building a social credit system a la China, private industry arguably is. Consumers were also barred 5.5 million on enterprises.

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Bitcoin Daily: South Korean Crypto Startup Steals $2.7M In Exit Scam; Venezuela Wants World’s Oil Market To Use Petro

PYMNTS

According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. And Venezuela is trying to lure the world’s oil markets to start using its national cryptocurrency, the petro.

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