Fraudsters are using the universal credit (UC) benefits system to defraud U.K. families, leaving them without any money. 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...
First American Financial, the real estate title insurance company, may have provided unauthorized access to the financial information of its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Financial Crimes Enforcement Network (FinCEN) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. Get the Full Story Complete...
Charles Ponzi built his eponymous schemes on the promise of profits tied to postage stamps. But ours is a decidedly high-tech world, where fortunes are made and lost – and in the case of bad doings, unwitting victims parted from hard-earned cash – through bits...
Kaspersky Lab, a cybersecurity and anti-virus company, has reported a rise in a specific malware intended to steal money and credentials from people’s bank accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A software glitch that was in effect for almost a decade prevented Deutsche Bank from detecting potentially suspicious transactions that would be flagged for authorities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wirecard, the global digital financial technology company, announced on Wednesday (May 22) that it has partnered with India’s government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) to facilitate the issuing of physical and digital taxpayer identification cards. Get the Full Story Complete the form to...
Data from Truecaller, the Swedish caller identity app company, is reportedly being sold in private internet forums, including data on customer phone numbers and email addresses of users around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Millions of Instagram users — including celebrities and brands — have had their accounts exposed online. 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...
