article thumbnail

NY Man Gets Jail Time For $390K Card Skimming Scheme

PYMNTS

The case was prosecuted by Homeland Security Investigations, along with agents of the U.S. As payments move more into the digital and card realms, with online sales surging to $143 billion in recent months, fraudsters have been finding new ways to steal, including utilizing skimmers that prey on customers buying things over the internet.

San Diego 130
article thumbnail

Consumers Duped By ‘Risk-Free Trials’ To Get $8.7M In Refunds From FTC

PYMNTS

million in refunds to 187,425 customers who were reportedly signed up for non-consensual payment plans with San Diego’s Triangle Media Corporation, according to a press release. The Federal Trade Commission ( FTC ) is sending out over $8.7

San Diego 148
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mitek Unveils Update For Mobile Banking Deposits

PYMNTS

The technology update “will help customers get access to funds securely and quickly,” the San Diego, California-based firm said, adding that the new release will give financial institutions (FIs) “even more control over” the mobile deposit feature.

Mobile 130
article thumbnail

Gryphon Wi-Fi Router Designed To Block Internet Attacks

PYMNTS

One new device, featured in a Bloomberg Businessweek report, is a product out of Gryphon Online Safety, the 17-person startup based in San Diego. Consumers can also get hacked, which is why startups are coming up with all sorts of ways to protect consumers from becoming a victim.

San Diego 166
article thumbnail

Charity Crowdfunding Startup Classy Raises $30M

PYMNTS

San Diego-based charity crowdfunding startup Classy secured $30 million to provide its software-as-a-service offering to nonprofits that need help raising online donations and keeping donors engaged over time. The platform works with more than 2,500 organizations and is integrated with enterprise app Salesforce.

San Diego 100
article thumbnail

After The Disruption: Alt-Banking Goes Straight, Chases Bad Guys

PYMNTS

But with 62 percent of Americans doing most of their banking online – and 69 percent saying they’ll use banking apps routinely going forward – digital banking is quickly becoming passé to consumers. N26 partnered with San Diego-based Axos Bank to do business in the U.S., Not as cool.

San Diego 131
article thumbnail

How Axos Bank Uses Multilayered Filtering To Keep Bad Bots Out And Good Bots In

PYMNTS

Digital FIs are particularly concerned about fraud’s threats, including San Diego-based Axos Bank , which has more than $12 billion in assets to protect and sees the constant battle with “bad” bots as a never-ending arms race. “We A security gap in one filter will likely be caught by the other due to their different focus areas. “If

Fraud 141