Witnesses from the ranks of business and banking told lawmakers that efforts to fight payment and investment scams must be aided by a “whole government” approach, along with fine-tuning of suspicious activity reporting — in addition to a repeal of the Corporate Transparency Act. Get the...
British banks, tech companies and telecoms are reportedly pledging to increase their data-sharing on fraud. 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,...
There is a growing concern for middle-market firms in the United States, and it surrounds fraud and risk management. 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...
According to digital records, a prominent member of Elon Musk’s Department of Government Efficiency (DOGE) team has links to an alleged cybercrime organization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Historically, banks built security the same way they built vaults: thick walls, high fences and minimal exposure. 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...
A part of the U.S. Department of Homeland Security (DHS) responsible for identifying and monitoring cyberattacks has come under scrutiny as the Department of Government Efficiency (DOGE) looks to make spending cuts across the board. Get the Full Story Complete the form to unlock this...
Auto lenders face an emerging threat from artificial intelligence (AI)-powered fraud tools, according to Point Predictive. 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...
The Federal Trade Commission (FTC) said two operators of an alleged eCommerce business opportunity scam have agreed to settle the charges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A deep dive into Federal Deposit Insurance Corp.’s (FDIC) Office of Inspector General’s latest audit and report on the agency reveals key risks to banks: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
