The IRS has recommendations for taxpayers whose identities were stolen by fraudsters claiming unemployment benefits in other peoples’ names during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
If there’s one trait that most business executives share, it’s a love of predictability. Volatility is an enemy of most banking professionals, but they sure have their share of it these days. And it used to be a sworn enemy of stockbrokers, but the recent...
A national cybersecurity investigation lasting more than two years culminated in charges being levied against alleged hackers from North Korea, the U.S. Department of Justice (DOJ) said in a Wednesday (Feb. 17) press release. Get the Full Story Complete the form to unlock this article...
One of the more unfortunate consequences of the great digital shift for merchants — particularly small ones — has been a surge in fraud and chargebacks. Chargebacks have always been an issue, but for those merchants that operated primarily via physical stores pre-pandemic, it wasn’t...
The risk of fraud is often thought of among businesses as an external threat. Some anonymous bad actor on the dark web targets a company and demands a ransomware payment in exchange for freeing up company data, or an unknown attacker pretends to be a...
Fast has rolled out a new zero fraud guarantee, which will help every merchant using Fast Checkout be 100 percent guarded against fraudulent chargebacks, a blog post says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
American Express (AmEx) is said to be cooperating with the investigation by the U.S. Department of Justice (DoJ) into its business card sales practices, according to a Wall Street Journal report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
An online payday lending scheme operating under several different names was banned from the industry and debts owed to it wiped from the books, the Federal Trade Commission (FTC) said in a press release. Get the Full Story Complete the form to unlock this article...
Digital trust and safety company Sift has discovered a new method of fraud in which scammers use the Telegram messaging technology to steal from eateries and food delivery platforms, according to a Thursday (Feb. 11) announcement emailed to PYMNTS. Get the Full Story Complete the...
