Fraud Prevention

Court Grants FTC Motion for Preliminary Injunction Against Seek Capital
Court Grants FTC Motion for Preliminary Injunction Against Seek Capital
March 04, 2025  |  Legal

The Federal Trade Commission (FTC) said Tuesday (March 4) that a court granted its motion for a preliminary injunction against Seek Capital and its founder and CEO, Roy Ferman....

READ MORE >
FTC Lawsuit Temporarily Halts ‘Phantom Debt Collection’ Scheme
FTC Lawsuit Temporarily Halts ‘Phantom Debt Collection’ Scheme
March 03, 2025  |  Fraud Prevention

The Federal Trade Commission (FTC) said Monday (March 3) that its lawsuit led a federal court to temporarily halt the operations and freeze the assets...

READ MORE >
Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud
Velera Warns Credit Unions of ‘Consumer-Engaged’ Fraud
March 03, 2025  |  Credit Unions

Credit union service organization Velera is sounding the alarm on “consumer-engaged” fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
Scammers Tap Social Media Selfies and GenAI to Fuel Fraud
Scammers Tap Social Media Selfies and GenAI to Fuel Fraud
March 02, 2025  |  Security & Fraud

The wide availability of selfies on social media has helped fuel artificial intelligence (AI)-powered scams. Get the Full Story Complete the form to unlock this...

READ MORE >
Stripe Says AI Boom Drove 38% Increase in Payment Volume
Stripe Says AI Boom Drove 38% Increase in Payment Volume
February 27, 2025  |  Business

Stripe’s investments in machine learning (ML) and artificial intelligence (AI) contributed to the financial infrastructure platform’s rapid growth in 2024, co-founders Patrick Collison and John...

READ MORE >
Taktile Raises $54 Million for AI-Powered Financial Decision-Making
Taktile Raises $54 Million for AI-Powered Financial Decision-Making
February 27, 2025  |  artificial intelligence

Taktile has raised $54 million to help power its artificial intelligence (AI)-powered risk management tool. Get the Full Story Complete the form to unlock this...

READ MORE >
Coupa: AI Is Cure for Procurement Fraud Epidemic
Coupa: AI Is Cure for Procurement Fraud Epidemic
February 25, 2025  |  Fraud Prevention

Procurement fraud has evolved on the back of digitally sophisticated tactics from an occasional business headache into a full-blown financial and reputational disaster for organizations...

READ MORE >
Procurement Fraud Is on the Rise; Here’s How to Stop It
Procurement Fraud Is on the Rise; Here’s How to Stop It
February 24, 2025  |  B2B Payments

Operational uncertainty remains an obvious, if persistent, challenge for middle-market firms. This would be enough to derail even the best-laid plans if it happened in...

READ MORE >
SEC Replaces Crypto Unit With Team to Probe ‘Cyber-Related Misconduct’
SEC Replaces Crypto Unit With Team to Probe ‘Cyber-Related Misconduct’
February 20, 2025  |  Security & Fraud

The Securities and Exchange Commission has created a unit to protect retail investors against fraud. Get the Full Story Complete the form to unlock this...

READ MORE >