Security & Fraud

Security & Fraud
Senators Push FTC To Shield SMBs From PPP Scams
May 06, 2020

A group of senators is asking the Federal Trade Commission (FTC) to take more steps to protect small- to medium-sized business (SMB) owners from scams during the coronavirus pandemic, according to a CNBC report. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Two Men Charged In First US Case Of PPP Stimulus Fraud
May 06, 2020

Two men were charged in Rhode Island with fraudulently seeking loans through the Paycheck Protection Program (PPP), the U.S. Department of Justice said in a statement on Tuesday (May 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Federal, State Investigators Question Wells Fargo Over PPP Loans
May 06, 2020

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. 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...

Security & Fraud
Credit Unions, CUSOs Fighting Fraudsters
May 05, 2020

“Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud prevention efforts as a result,” according to PYMNTS’ April Credit Union Tracker® done in collaboration with PSCU. Get the Full...

Security & Fraud
Mastercard’s Playbook On Fighting Online Fraud’s Big Surge
May 05, 2020

The shift to online commerce in the wake of the coronavirus pandemic is unprecedented. 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...

Security & Fraud
Fight Card-Not-Present Fraud In A Card-Not-Present World
May 05, 2020

In the age of the coronavirus, everyone is conducting all facets of daily life – commerce, banking, schooling, working – from home. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
US Power Grid Eyed As Latest Front In Cyberspace War
May 04, 2020

In an age of what might be termed escalating geo-tensions, cyber is emerging as a new front of (possible) conflict. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Wirecard CEO Won’t Resign Despite Questions Raised By Audit
May 04, 2020

Despite an audit that raised questions about operations at Wirecard, a publicly traded financial services provider based in Munich, its CEO has ignored calls to resign. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
Some COVID-19 Relief Funds Went To Healthcare Cos Under Scrutiny For Possible Fraud, Report Says
May 03, 2020

The U.S. government’s massive payouts of financial aid to health care providers of Medicaid and other programs have inadvertently resulted in taxpayer dollars going to companies or individuals under criminal or civil legal investigation. Get the Full Story Complete the form to unlock this article...