Disputes and chargebacks are nothing new. But in the digital age of commerce wrought by the pandemic, they’re becoming a key point of friction between consumers, merchants and issuers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
For all the time, effort and energy put into fighting fraud in its various forms, the reality is that there’s no magic bullet to stop it. As Trulioo Chief Operating Officer Zac Cohen told Karen Webster in a recent Masterclass conversation, fraudsters aren’t only a...
A report by a major Swedish newspaper triggered a selloff by investors of shares in a trio of Nordic banks, puzzling analysts since the revelations appear to be based on criminal probes publicly disclosed months and even years ago. Get the Full Story Complete the...
The Federal Trade Commission (FTC) has announced a new operation, Operation Income Illusion, to crack down on fraudsters targeting victims with fake promises of jobs or income, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...
A flurry of weekend cyberattacks on some of the most highly guarded digital assets on earth has again exposed the vulnerabilities inherent in our increasingly digitized global economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The epic collapse of German payments company Wirecard continues to raise questions about its accounting firm for years, Ernst & Young (EY). Munich prosecutors have begun an investigation into EY’s audit of Wirecard, adding to its troubles associated with $2.1 billion that went missing at...
Reports of widespread cyberattacks on several U.S. government agency websites have sent shockwaves throughout the country and the world, raising concerns about the ability of any institution to protect its vital and confidential data. Get the Full Story Complete the form to unlock this article...
Attacks by hackers linked to the Russian government against the U.S. Department of the Treasury, the U.S. Department of Commerce and its National Telecommunications and Information Administration unit discovered Friday (Dec. 11) and over the weekend were severe enough to trigger a Saturday (Dec. 12)...
Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco, speaking on Thursday (Dec. 10) about ways to stop financial crime, said one of the key elements is sharing information, according to a press release. Get the Full Story Complete the form to unlock this article...
