Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by CNBC. Shares fell on the news. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Facebook has launched a tool for U.K. users to report suspicious ads that they suspect of being 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...
A group of Venezuelan nationals filed a fraud suit in Florida federal court claiming they were duped into a Ponzi scheme involving cryptocurrency purportedly backed by diamonds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The cybersecurity company Symantec has found an exploit that can be breached by hackers using WhatsApp and Telegram media files, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As computers become more and more powerful and start to utilize quantum technology, today’s security measures, like encryption, will increasingly be at risk, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate false positives and boost compliance processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Drivers on Interstate 285 in Atlanta likely thought they had come into some quick cash when $175,000 recently fell out of an armored truck. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Google has suspended a fraudulent mobile app that claimed to offer system-level Android updates to smartphones. 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...
Punjab National Bank revealed that it had been defrauded $556 million from a struggling borrower, Bhushan Power & Steel, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...