Call it a reset on how the Consumer Financial Protection Bureau (CFPB) views authorized P2P fraud — and by extension, just who’s on the hook to make consumers whole. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The FBI is warning investors and financial institutions (FIs) that fraudulent cryptocurrency apps tricked 244 victims out of $42.7 million between October 2021 and May 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fraudsters have an extensive arsenal of methods when it comes to scamming businesses. 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....
“Caveat emptor,” goes the old saying — buyer beware. 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,...
Digitization of small- to medium-sized business (SMB) banking is a double-edged sword. 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...
Once-mighty payments giant Wirecard reportedly faked client data and was lying about internal records in order to get a SoftBank investment for €900 million ($913 million), a report from Financial Times (FT) says. Get the Full Story Complete the form to unlock this article and...
Is “fraudster” a title or job description of some kind? Perhaps it should be, because when shopping or sending money online, you’re never totally sure who’s on the other end. It could be someone you know — or it could be a bad actor who...
Figuring out the best way to maximize money mobility is the goal in today’s digital-first economy, but digital banking’s vulnerability to bad actors has made fraud a pervasive threat to this ideal. Get the Full Story Complete the form to unlock this article and enjoy...
A San Francisco law firm says it is investigating the fraud reimbursement practices of a number of major American banks that use the Zelle peer-to-peer payment system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
