It must be a tough time for the-sky-is-falling type of people, or even just the mildly pessimistic. Seemingly endless news of data breaches and cyberattacks — to say nothing of experiencing them personally — can make even the most tech-welcoming consumer think about retreating to...
Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who make faulty payments are having a tough time getting reimbursed. Get the Full Story Complete the form to unlock this article and enjoy...
The Trump administration has created a new task force that will focus on protecting consumers from one of the biggest fraud threats: crypto coins. Bloomberg noted that a focus of the panel, announced on Wednesday (July 11), will be on the scams involving bitcoin and other virtual...
QVC former director James D. Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Another retailer has been hit with a data breach. This time, Macy’s has revealed that hackers obtained names and passwords of online customers — and might have accessed credit card numbers and expiration dates. The data breach impacted one-half of one-percent of customers who were registered...
The U.S. Securities and Exchange Commission (SEC) announced on Tuesday (July 10) that it has charged the former chief executive of Heartland Payment Systems with insider trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Timehop, the mobile app that gathers photos from social media, disclosed on Monday (July 9) that it was the subject of a data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Following a non-jury trial in March, a federal judge has said that PricewaterhouseCoopers LLP (PwC) must pay the Federal Deposit Insurance Corp. (FDIC) $625.3 million after failing to detect fraud between a client and a mortgage lender. Colonial Bank, which was PwC’s client, and Taylor,...
Just a few weeks in, the data privacy law that has just taken root in the European Union already has some regulators seeking exemptions around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
