payments fraud

Even Steel Bars Can’t Keep Internet Scams In Check
Even Steel Bars Can’t Keep Internet Scams In Check
November 21, 2019  |  Security & Fraud

Internet scammers, by nature, are a resourceful lot. They poke and prod, looking for various weaknesses to be exploited on online platforms, in company emails...

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Small Business Loan Fraud Puts FinServ On High Alert
Small Business Loan Fraud Puts FinServ On High Alert
October 03, 2019  |  B2B Payments

Though fraud technology has evolved to combat the monster of payments fraud, there is a growth threat for banks that innovators are also paying attention...

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Some Fraudsters Go Low-Tech To Grab Credit Card, Personal Data
Some Fraudsters Go Low-Tech To Grab Credit Card, Personal Data
September 23, 2019  |  B2B Payments

Paper checks, photocopies.  Fraudulent companies.  Banks and other firms may think payments fraud is all about BEC, but low-tech also has its place in the...

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 Justice Department Indicts 80 in Massive Online Fraud Scheme
 Justice Department Indicts 80 in Massive Online Fraud Scheme
August 26, 2019  |  B2B Payments

The Justice Department has unsealed an indictment spanning hundreds of charges against 80 individuals, many of them Nigerian nationals. The charges detail elaborate BEC schemes...

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 Payments Fraud, Via Apps?
 Payments Fraud, Via Apps?
July 22, 2019  |  B2B Payments

Symantec has discovered vulnerabilities in two popular messaging and media apps, WhatsApp and Telegram, which can be hijacked to commit payments fraud.  Separately, phishing scams...

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In Australia, Card (And Other Payments) Fraud Is Big Business
In Australia, Card (And Other Payments) Fraud Is Big Business
July 15, 2019  |  B2B Payments

Attacks on Australia’s government — including payments fraud — have been on the rise, scoring, cumulatively, tens of millions of dollars.  Elsewhere, individual cases of...

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Palmarius Debuts Accounts Payable Tool
Palmarius Debuts Accounts Payable Tool
July 03, 2019  |  B2B Payments

Cost containment solution provider Palmarius Advisors is rolling out an accounts payable (AP) automation solution designed to generate revenue and enhance spend control for corporate...

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Report: Email Variants Keep BEC Fraud Humming Along
Report: Email Variants Keep BEC Fraud Humming Along
July 01, 2019  |  Security & Fraud

In payments fraud, it pays — literally — to change up the game a bit. As noted in a report by FireEye, the bad guys...

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Visa Buys Rambus Payments To Tokenize Any Transaction On Any Network
Visa Buys Rambus Payments To Tokenize Any Transaction On Any Network
June 25, 2019  |  VISA

In the battle against payments fraud, tokenization offers a strong arrow in the quiver. Visa announces today (June 25) that it has acquired the token...

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