NatWest, a U.K. state-backed bank, must pay 265 million pounds (about $350 million) after pleading guilty to failing to prevent money laundering, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) is warning of a vulnerability affecting products containing the log4j software library, according to a CISA press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Drivers for ridesharing and food delivery companies have been among those who have been victimized during a nationwide surge in the number of carjackings and other violent crimes, The Wall Street Journal (WSJ) reported Saturday (Dec. 11). In Minneapolis, for example, 11% of the carjackings...
Fraudsters-turned-bank-employees are suspected of infiltrating U.K. financial institutions (FIs) and committing crimes, The Telegraph reported. 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,...
Payment fraud is always evolving. What is considered a fraudulent attack today might not have even been possible 5 or 10 years ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
BitMart has suffered a hack that lost it $196 million in a number of cryptocurrencies, a report says. 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...
Citing the rise in crime, Brazilian lawmakers are mulling the possible halt of the Pix instant payments system, ZDNet reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Digital fraud in the U.K. is increasing at an alarming rate. 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...
The pivot toward work-from-home environments has opened up new vulnerabilities that allow fraudsters to target B2B payments. 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...
