MoneyGram International is putting its muscle behind U.S. regulators’ proposal to tighten financial reporting required of financial institutions (FIs). 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...
London-listed Network International, a payments company, has been accused of keeping investors in the dark after hiring a legal firm over concerns about links to disgraced payments processing company Wirecard, The Financial Times (FT) reports. Get the Full Story Complete the form to unlock this...
When a customer walks into a physical location to transact, a whole host of behavioral data becomes available to whatever entity is serving them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The incoming Biden Administration has got its work cut out for it on a number of fronts. Job No. 1 is tackling a public-health crisis the likes of which have not been seen in a century. Meanwhile, the U.S. economic recovery has been uneven despite apparent agreement...
The Bounce Back loan program the British government launched in May to spur England’s economic recovery from COVID-19 has been beset with fraud and poor-quality loans that could cost taxpayers as much as $35 billion, the Financial Times reported. Get the Full Story Complete the...
Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the “dark web,” the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday...
Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement. Get the Full Story Complete the form to unlock this article and...
Microsoft has been hacked as part of what officials say could be a Russian campaign that hit multiple U.S. government agencies, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With every dark cloud comes a silver lining – or at least that’s how the old and oft-repeated expression goes. Said less often though, no less true, is the inverse corollary: For every silver lining, there is a dark cloud somewhere. A less sunny aphorism, to...
