The recent discovery by Amsterdam-based cybersecurity firm ThreatFabric that criminals are using Android banking trojans to exploit vulnerabilities in BNPL apps to make fraudulent purchases is a clear indication that more needs to be done to curb the rising fraud threat in the buy now,...
The Securities and Exchange Commission (SEC) has filed charges against Bermudan company Arbitrade, Canadian company Cryptobontix and their principals. 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...
No matter where you look, fraud attacks on banks and merchants are on the rise. The fraudsters are getting more creative in their schemes, leveraging the great digital shift to make the unwitting customers themselves the gateways to fraud. Get the Full Story Complete the...
Crooks likely used the Social Security numbers of dead people and prisoners plus filed claims in multiple states to steal more than $45 billion from the pandemic unemployment program, three times more than previous estimates. Get the Full Story Complete the form to unlock this...
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Sardine, which provides fraud, compliance and instant settlement solutions, has gotten $51.5 million in Series B financing, which will go toward product development and marketing and sales worldwide, a press release said Tuesday (Sept. 20). Get the Full Story Complete the form to unlock this...
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 form, you agree to receive marketing communications from PYMNTS and...
“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Nordic countries have been spearheading digital payment innovation for decades and the adoption of electronic identity (eID) documents is no different. However, ensuring the market for eID services is open while maintaining privacy and security for end-users can be a difficult undertaking. Get the...
