FinCEN Director Tells Banks To Look Out For Crypto Fraud

FinCEN Director Tells Banks To Look Out For Crypto Fraud
FinCEN Director Tells Banks To Look Out For Crypto Fraud
September 29, 2020  |  Cryptocurrency

Kenneth A. Blanco, director of the Financial Crimes Enforcement Network (FinCEN), said banks need to be wary of risks with cryptocurrency, according to remarks planned...

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Blackhawk Debuts One-Stop Gift Card, eGift Management
Blackhawk Debuts One-Stop Gift Card, eGift Management
September 29, 2020  |  Retail

Global branded payments provider Blackhawk has debuted a new service allowing companies to outsource gift card and eGift program management, according to a news release...

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B2B Payment Network PayCargo Lands $35M Investment
B2B Payment Network PayCargo Lands $35M Investment
September 29, 2020  |  B2B Payments

Supply chain industry payments network PayCargo has landed an Insight Partners-led $35 million investment, according to a Tuesday (Sept. 29) announcement. Get the Full Story...

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German Bank Raided Over $117M Wirecard Loan
German Bank Raided Over $117M Wirecard Loan
September 29, 2020  |  Loans

A team of police and investigators raided the headquarters of KfW, a German state-owned development bank, over a 100 million euro ($117 million) loan it...

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Report: EY Whistleblower Called Out Wirecard For Fraud Years Before It Went Bankrupt
Report: EY Whistleblower Called Out Wirecard For Fraud Years Before It Went Bankrupt
September 29, 2020  |  Security & Fraud

An EY whistleblower has alleged the global accounting firm was warned as far back as 2016 that senior managers at Wirecard may have committed fraud...

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Today’s Top Retail News: Holiday Spending Looks Flat; Target Meets Amazon Prime Challenge
Today’s Top Retail News: Holiday Spending Looks Flat; Target Meets Amazon Prime Challenge
September 29, 2020  |  Retail

In today’s top retail news, holiday spending is expected to be flat this year, Bed Bath & Beyond rolls out same-day delivery and Target goes...

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Airlines Woo Leisure Travelers In Scramble To Fill Empty Seats
Airlines Woo Leisure Travelers In Scramble To Fill Empty Seats
September 29, 2020  |  Travel Payments

With business travel still in the dumps, the battered airline industry is hustling to fill empty seats with vacationers and others looking for a respite...

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Marqeta Introduces Tokenization-as-a-Service For Card Issuers
Marqeta Introduces Tokenization-as-a-Service For Card Issuers
September 29, 2020  |  Digital Payments

Marqeta, the global card issuing platform, debuted its new Tokenization-as-a-Service (TaaS) product, which allows card issuers to access its tokenization technology, the Oakland, California-based company...

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Today In Payments: Amazon One Lets Consumers Pay By Hand; Stripe Heads $12M Funding Round For PayMongo
Today In Payments: Amazon One Lets Consumers Pay By Hand; Stripe Heads $12M Funding Round...
September 29, 2020  |  News

In today’s top news, Amazon introduces pay-by-hand tech to its Amazon Go stores, and payments platform PayMongo raises $12 million. Plus, 70 percent of businesses...

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