Fraud Prevention

Court Grants FTC Motion for Preliminary Injunction Against Seek Capital

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....

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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