The Better Business Bureau (BBB) has a warning for the public: When an offer appears too good to be true, that is probably the case. One scheme that fits this description is reshipping fraud, a type of scam that often lures in unsuspecting participants by...
The Federal Bureau of Investigation (FBI) has issued a warning about mobile apps developed in Russia, saying they could be a “potential counterintelligence threat.” The revelation was made when the agency addressed questions about face-editing photo app FaceApp, which was developed by St. Petersburg-based Wireless...
Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one human, NBC reported on Saturday (Nov. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The U.S. Department of Justice (DoJ) has accelerated its probe into Deutsche Bank’s participation in a $220 billion Danske Bank money laundering scheme, Reuters reported on Monday (Dec. 2), citing four sources. Get the Full Story Complete the form to unlock this article and enjoy...
Some 11 million U.S. consumers were scammed into buying fake or nonexistent live concert tickets last year — a trend that puts tremendous pressure on ticket-selling platforms to ensure they only engage with legitimate customers. In the new Digital Fraud Tracker, Ticketmaster’s Chief Information Officer...
An exposed database run by TrueDialog revealed millions of SMS text messages, according to published reports on Sunday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In the land of startups, speed matters. Scale matters. Funding matters. 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 our daily newsletter, PYMNTS Today. By completing this...
Outcry from the technology sector and civil liberties advocates has caused the global police organization Interpol to hold off on publicly criticizing the spread of encryption, unnamed sources told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
On the heels of a Vatican banking scandal and subsequent police raid, Pope Francis appointed senior Bank of Italy official Carmelo Barbagallo, 63, to head the Vatican’s Financial Information Authority (AIF), Reuters reported on Wednesday (Nov. 27). Get the Full Story Complete the form to...