November 22, 2022
Impersonation Scams on the Rise Ahead of Holidays Prompting Response...
‘Tis the season to be … wary. The holiday weeks mean fewer days in the office — online or onsite. Staffers embark on their usual round-robins of vacation. We’re all...
November 22, 2022
‘Imposter Calls’ Top FTC Complaint List
You pick up the phone and hear a recorded message, purporting to be from the IRS. For a moment, you’re worried, but eventually, you think “This seems like a scam.”...
November 22, 2022
FTX Uncovers $1.24B in Cash Ahead of Bankruptcy Hearing
New managers at cryptocurrency exchange FTX have found the company and its affiliates have $1.24 billion in cash — more than what debtors had previously identified — as the beleaguered...
November 22, 2022
Featurespace Looks to Tackle $2T Money Laundering Wave
Anticipating a wave of fraud tied to a global recession in 2023, financial crime prevention firm Featurespace says it is building an artificial intelligence (AI) system to help banks and...
November 22, 2022
CFOs Ditch Paper to Prioritize Digital Payments
Through the past few years, companies have proven a level of resilience that scarcely seemed imaginable when the pandemic shook the globe. Businesses had to examine internal processes urgently to...
November 21, 2022
NMI, Kount Team on ISV and Merchant Fraud Prevention
Payments platform NMI is collaborating with digital identity firm Kount, an Equifax company, to provide independent software vendors, independent sales organizations and merchant partners with enhanced fraud protection. With this...
November 21, 2022
DOJ Charges 2 in $575M Crypto Mining Scam
An already edgey cryptocurrency market was given additional cause for fear Monday following reports that two Estonian nationals have been arrested for their alleged involvement in a massive international money...
November 21, 2022
WooCommerce Merchants Can Now Accept Crypto Payments
In what could be seen as a contrarian move in light of the dramatic implosion and fraud surrounding the collapse of digital currency trading exchange FTX, WooCommerce and Coinbase have...
November 21, 2022
UK Pushes to Legally Protect Access to In-Person Banking Services
As it currently stands, the proposed Financial Services and Markets Bill in the U.K. will give the Treasury and Financial Conduct Authority (FCA) a new mandate to protect access to...
