The Federal Trade Commission announced Thursday (May 19) that it will mail 690,000 checks, amounting to over $152 million, to customers who were defrauded by a payday lending fraud scheme run by AMG Services and the company’s owner, Scott Tucker. Get the Full Story Complete...
The pandemic has significantly changed consumer behavior and preferences, pushing banks to upgrade their processes to meet these shifting demands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Financial crime compliance technology specialist Napier announced Wednesday (May 18) that it has added two new hires to its growing team in North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The U.K. Payment System Regulator (PSR) is continuing its fight against authorized push payment (APP) fraud. New rules and legislation will provide the regulator with more tools to reduce fraud and to demand compensation from banks. Get the Full Story Complete the form to unlock...
The U.S. Department of the Treasury issued its strategy for fighting illicit financing Friday (May 13), highlighting measures designed to make the financial system more transparent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
With more work being done and services being provided via the cloud, identity has become increasingly important. 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...
Mining Capital Coin CEO and founder Luiz Capuci Jr. was indicted for allegedly masterminding a $62 million global investment fraud scheme through his purported cryptocurrency mining and investment platform, the U.S. Department of Justice announced Friday (May 6). Get the Full Story Complete the form...
Most consumers don’t think about eCommerce 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, PYMNTS Today. By completing this form, you agree...
Stripe, the financial infrastructure platform, will help businesses set up direct connections with customers’ bank accounts, a press release says, letting them set up various financial processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
