Retail investors have been succumbing to “impersonation fraud,” where fraudsters pretend to be famous brands and thus are able to con millions of Euros from them, Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Securities regulators in New Hampshire are investigating claims by former Gov. Craig Benson that he lost $100 million because Merrill Lynch churned customer accounts to generate millions in excess commissions, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...
Lawmakers are urging German Chancellor Angela Merkel to release transcripts of conversations between Deputy Finance Minister Jörg Kukies and former Wirecard CEO Markus Braun, as the collapse of the payments processing company has captured headlines for weeks. Get the Full Story Complete the form to...
Citing security concerns, Wells Fargo is asking employees to remove the TikTok apps from their work phones, Bloomberg reported. 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...
A national survey has found more than 80 percent of medical practices have been the victims of cyberattacks, USA Today reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Delivery startup Dunzo, India’s food and grocery delivery service backed Google, has suffered a data breach, The News Minute reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
As federal investigators recognize the connections between cyber and traditional financial crimes, the U.S. Secret Service has established a single agency to fight them, the Secret Service announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Punjab National Bank shares fell by nearly 6 percent late Thursday (June 9) after it was defrauded $491 million by one of its customers, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Cryptocurrency exchange Bitfinex must answer allegations by the state of New York that the Hong Kong-based company hid more than $800 million in losses of client and corporate funds, the New York Court of Appeals ruled Thursday (July 9), according to Bloomberg. Get the Full...
