The digital age, of course, has given rise to digital scams. 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...
For merchants and financial institutions (FIs), the “new normal” of commerce — done increasingly online — means that battling fraud is a bit like feeling an elephant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A Texas man is facing charges of filing fraudulent loan applications seeking more than $5 million in forgivable loans from the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), according to the U.S. Department of Justice. Get the Full Story Complete the form to unlock...
The Brazil cosmetics company that bought Avon Products Inc. in January accidentally exposed personal information about 250,000 of its customers that could have been accessed by anyone, The Hacker News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The pandemic — and specifically, the lockdowns resulting from it — has spurred criminals to shift their cyber fraud schemes to exploit new avenues of attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Mastercard has announced a series of consumer protections aimed at protecting customers and merchants from fraud at fuel stations. 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 Nigerian fraud ring is suspected by the U.S. Secret Service of siphoning hundreds of millions of dollars in unemployment payments from numerous state programs processing record numbers of jobless claims amid the global coronavirus pandemic. Get the Full Story Complete the form to unlock...
In the mad dash to secure Paycheck Protection Program (PPP) funds, small businesses have faced confusion, anxiety and often a lack of clarity as to when they would receive capital – if at all. The process was chaotic for the lenders, too, creating greater potential...
