PSCU, the payments credit union service organization (CUSO), has said it’s partnering with Q6 Cyber, which provides cybercrime intelligence for financial institutions, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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The Paycheck Protection Program (PPP) loans are gone. The various tranches of government aid have been exhausted, and trillions of dollars in economic aid are in the rear-view mirror. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Fraud has become a common concern for consumers, with the Federal Trade Commission (FTC) reporting recently that Americans lost more than $5.8 billion to fraud in 2021, with 2.8 million consumers filing reports. Get the Full Story Complete the form to unlock this article and...
A hacker who gambled $3 million that a decentralized finance (DeFi) protocol was exploitable hit the jackpot over the weekend, coming away with a tidy $12.6 million profit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.K.’s Financial Conduct Authority (FCA) was busy in 2021 when it came to keeping the cryptocurrency space safe, not only fighting off money laundering efforts in the sector but also tracking an increase in scams that targeted consumers who use digital currency. Get the...
While cryptocurrencies have the potential for faster cross-border transactions at a lower cost, common misconceptions hold back broader consumer adoption. In the Digital Fraud Tracker, Wirex’s Tony Lees explains how crypto-linked debit cards, stringent onboarding processes and vigilant monitoring systems can help simplify use and...
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Meta and Apple reportedly provided customer data to hackers masquerading as law enforcement, Bloomberg reported Wednesday (March 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...