Fraud Prevention

DOJ Seeks to Double Jail Time for Money Transmission Crimes

DOJ Seeks to Double Jail Time for Money Transmission Crimes
DOJ Seeks to Double Jail Time for Money Transmission Crimes
September 20, 2022  |  Regulation

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Treasury Department Seeks Public Comment on Crypto Risks
Treasury Department Seeks Public Comment on Crypto Risks
September 19, 2022  |  Cryptocurrency

The U.S. Department of Treasury is asking for public comment on any risks that digital assets pose in terms of illicit finance and national security. ...

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Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Security & Fraud

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

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Finland’s Findynet Paves Way for Pan-EU Interoperability
Finland’s Findynet Paves Way for Pan-EU Interoperability
September 12, 2022  |  Security & Fraud

The Nordic countries have been spearheading digital payment innovation for decades and the adoption of electronic identity (eID) documents is no different. However, ensuring the...

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FinTechs Say Traditional Payment Rails Don’t Meet SMB Owners’ Needs
FinTechs Say Traditional Payment Rails Don’t Meet SMB Owners’ Needs
September 09, 2022  |  Disbursements

Digital payments have become table stakes in the United States and worldwide. More than $6.6 trillion in digital payments changed hands last year, a 40%...

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EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
September 08, 2022  |  emea

Today in Europe, the Middle East and Africa, the online car seller Cazoo announced that it would wind down its business in mainland Europe and...

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Neobank IppoPay Buys Tutelar To Boost Risk Management
Neobank IppoPay Buys Tutelar To Boost Risk Management
September 06, 2022  |  Acquisitions

IppoPay, a neobank startup, has bought Tutelar, an AI-enabled risk management startup, a press release said. Get the Full Story Complete the form to unlock...

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Lawsuits Show Crypto KYC Can Help Recover Losses
Lawsuits Show Crypto KYC Can Help Recover Losses
September 02, 2022  |  Cryptocurrency

One of the biggest issues virtually all crypto regulations seek to fix is the need to identify the parties in every transaction, which is difficult...

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B2B Payment Trends Driven by Need for Speed
B2B Payment Trends Driven by Need for Speed
September 02, 2022  |  B2B Payments

It’s been an eventful period in the B2B payments space. Here’s a recap of recent developments along with an analysis of the trends they illustrate....

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