The federal Paycheck Protection Program (PPP) designed to blunt the economic impact of the pandemic is beset by extensive instances of fraud, The Wall Street Journal (WSJ) reported, attributing the conclusion to public records and interviews with government officials. Get the Full Story Complete the...
The escalating COVID-19 pandemic and the ensuing second lockdown in Europe have prompted lawmakers to press for eCommerce platforms and other media to share data, according to a TechCrunch report on Friday (Nov. 6). Get the Full Story Complete the form to unlock this article...
The United Kingdom’s version of the Paycheck Protection Program is also getting hit up by fraudsters, though British bankers appear to be a step ahead in short-circuiting the scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Department of Justice (DOJ) has seized $24 million in virtual currency on behalf of the Brazilian government, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A huge bitcoin amount — nearly $1 billion — has been moved out of a bitcoin address that may have ties to the Silk Road black market, according to a blog post from Elliptic. The London-based company provides blockchain analysis. Get the Full Story Complete...
Scammers are preying on used car buyers as demand surges for pre-owned vehicles amid the COVID-19 pandemic, according to a CBS report on Wednesday (Nov. 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A Russian cybercriminal was sentenced to eight years in prison for his role in a sophisticated Botnet conspiracy that caused estimated losses totaling more than $100 million, according to a Department of Justice (DOJ) statement on Tuesday (Nov. 3). Get the Full Story Complete the...
One of Sweden’s largest private insurers, Folksam Group, says a data breach affected one million of its clients. Folksam said it had accidentally allowed big tech companies to access customers’ private data, Bloomberg reported. Get the Full Story Complete the form to unlock this article...
The classics never get old, and that includes cybertheft oldies like eSkimming. 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...
