More than 10,000 financial institutions (FIs) are currently participating in open banking initiatives worldwide. But as it turns out, approximately 49 percent of banking customers...
The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Get the Full Story Complete the form...
According to auditor Ernst & Young (EY), German payment processor Wirecard knowingly gave false statements and was in the midst of “elaborate and sophisticated fraud...
Telegram consented to a $18.5 million penalty in a U.S. Securities and Exchange Commission (SEC) settlement over an unsuccessful token offering, CoinDesk reported. Get the...
Gareth David Long, a 41-year-old Las Vegas resident, was sentenced to 70 months in prison for fraud for stealing money from victims’ accounts, the Department...
Amazon has launched a new Counterfeit Crimes Unit, which it wants to use to combat fake listings on its eCommerce site. Get the Full Story...
Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour...
The Philippines has launched an investigation into the missing $2.1 billion that Wirecard said it deposited in two of the island nation’s banks, Reuters reported....
As the world must go increasingly digital — perhaps permanently — people who had resisted the great shift to eCommerce have had to make the...