The wiles and ways of scammers to part businesses from their money continue to proliferate, and continue to use technology as a springboard to trick executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Nirav Modi, an Indian jeweler accused of bank fraud to the tune of $2 billion, was denied bail in London, reported Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The following Deep Dive takes an in-depth look at how real-time payments and P2P services are enabling faster transactions for users and opening new opportunities for fraudsters to steal funds.
An international coalition of pension funds, government entities and asset managers is suing Danske Bank over a far-reaching money-laundering scheme tied to Russia, and its subsequent cover-up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A new study by the Organisation for Economic Co-operation and Development (OECD) shows that trading in pirated and counterfeit goods has risen significantly, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Usage of Zelle surged in 2018, with $119 billion exchanged in P2P transfers on the platform. That volume has attracted fraudsters eagerly trying to cash in by tricking users into making fraudulent transfers. In the new Digital Fraud Tracker, Amy Hsu, VP of product management...
German payments company Wirecard’s shares dropped after an Indian business became a key issue in the company’s continuing problems, following a series of articles in the Financial Times alleging fraud in Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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 this form, you agree to receive marketing communications from PYMNTS and...
Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
