Source: consumer.ftc.gov
Coinbase is reimbursing users following a data breach that turned into an extortion attempt. The breach happened when cybercriminals convinced “a small group” of company...
Banks in the United States are increasingly finding themselves ensnared in cartel-connected money laundering operations. Underground banking networks are working with drug cartels to deposit...
If there’s one unwelcome constant in payments, it’s fraud. Lately, fraud has multiplied, and social engineering scams and others are outpacing traditional fraud prevention measures....
Generative artificial intelligence, encompassing technologies like deepfakes and advanced voice synthesis, has become a double-edged sword in payments and cybersecurity. Last year, a finance worker...
The Consumer Financial Protection Bureau (CFPB) is proposing to rescind the “NBR Rule” it adopted last summer that established a registry of nonbank financial companies that...
New York state introduced legislation to provide oversight to the pay later sector. The legislation, part of Gov. Kathy Hochul’s new budget, is one of...
In a financial landscape marked by sophisticated threats, a new report highlights how malicious actors are adopting highly personalized strategies, mirroring legitimate business practices, to...
Cybercrime syndicates based in Southeast Asia are expanding their operations on an industrial scale, according to the United Nations. The U.N. Office on Drugs and...
Come July 1, 2026, Boston’s Seaport will welcome a new kind of tourist attraction, one that will be near and dear to the hearts of...