The Commonwealth Bank of Australia (CBA) released a statement on Tuesday (April 19) denouncing claims that the bank was partnering with a cryptocurrency trading platform that came from a false news article. Get the Full Story Complete the form to unlock this article and enjoy...
The U.S. Internet Crime Complaint Center, also known as IC3, is warning the public about a cybersecurity scam that tricks people into transferring funds in order to “reverse” instant payments, according to an FBI press release. Get the Full Story Complete the form to unlock this...
The U.K. Online Safety Bill was introduced in the U.K. Parliament on March 17, 2022, to curb online harms by significantly increasing the responsibilities of social media firms and search engines to monitor content posted on their platforms. Get the Full Story Complete the form...
Strong fraud protections, anti-money laundering (AML) compliance and seamless user experiences go together in today’s marketplace. 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...
A New Jersey man admitted Thursday (April 7) to running a decade-long invoice factoring scheme that bilked lenders of $50 million, the U.S. Attorney’s Office in Trenton, New Jersey, announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The internet is a curious place — a digital bazaar where anything can be had, for a price. 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 former employee of Block (formerly known as Square) is accused of downloading Cash App reports containing sensitive data belonging to customers, according to multiple reports on Wednesday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Federal Reserve on Tuesday (April 5) banned six former bank employees, including two who had previously worked in Bank of America Corp.’s wealth management unit, for approving fraudulent loans for small businesses that needed a financial boost during the COVID-19 pandemic. Get the Full...
The Paycheck Protection Program (PPP) loans are gone. The various tranches of government aid have been exhausted, and trillions of dollars in economic aid are in the rear-view mirror. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
