A new study by three academics has found that insider trading at cryptocurrency exchange Coinbase Global may be more widespread than a case being pursued by federal prosecutors. The study by academics at the University of Technology Sydney examined the activity around tokens on decentralized...
Full-stack payments company Checkout.com is rolling out enhancements to its authentication product to help online businesses reduce abandoned carts as evolving strong customer authentication (SCA) requirements kick in across Europe. “With the flurry of work to comply with SCA requirements in the rear view mirror,...
While 1,500 people have been charged with pandemic fraud and 450 have been convicted, investigators are still chasing down abundant leads in what could top $163 billion illegally siphoned from COVID unemployment insurance (UI) benefits alone. A report from the Department of Labor’s Office of...
The financial services industry has done a good job safeguarding consumers from third-party fraud — that age-old ruse in which bad actors steal personal information, card numbers or passwords to access victims’ bank accounts. Featurespace Founder David Excell told PYMNTS in an interview that, naturally,...
Three individuals have been charged with illegally tipping and trading in the securities of Equifax before its public announcement of a big cyber intrusion and data breach from 2017, the SEC reported. The SEC filed a complaint that stated Equifax had engaged a public relation...
Chatter on the cryptographic side of cryptocurrency has been growing over the past couple of years about the threat posed by quantum computing, an entirely new type of computer that would be many orders of magnitude more powerful than current ones — so powerful that...
Last week saw the implementation of the U.K.’s long-awaited “Register of Overseas Entities,” a cornerstone of the government’s Economic Crime Act. But what is “economic crime” and why has the U.K. been moved to legislate against it? In February, as countries around the world began...
Digital authentication company Twilio said some employees and customers were victims of a hack, a Bloomberg report said Monday (Aug. 8). The hackers tricked employees into giving up their passwords. The report said attackers targeted Twilio employees with fake texts, which said the staffers’ password...
An unwelcome side effect of the eCommerce and digital payments boom is the burden of chargebacks and disputes, and more merchants and brands are finding they are better handled by specialized third-party solutions with advanced dispute resolution capabilities. In the study “Dispute-Prevention Solutions: Protecting Profits...
