scams

Spot and avoid scams and unfair, deceptive, and fraudulent business practices with tips from the FTC, America's consumer protection agency. Learn about recent scams and how to recognize the warning signs.

Source: consumer.ftc.gov

This Week in B2B: Payments Get Interesting When Finance Teams Get Smarter
This Week in B2B: Payments Get Interesting When Finance Teams Get Smarter
October 17, 2024  |  B2B Payments

For decades, B2B payments were an unglamorous yet essential component of corporate finance. Now, B2B payments have started to become a little more glamorous as...

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Why ‘Good Enough’ Isn’t Winning Banks’ Fight Against Fraud
Why ‘Good Enough’ Isn’t Winning Banks’ Fight Against Fraud
October 17, 2024  |  Cybersecurity

How do you deal with an entity that is so malicious it will use a natural disaster to commit cybercrimes? It’s happening in the wake...

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This Week in Web3: Usability and Network Expansion Drive Stablecoin Momentum
This Week in Web3: Usability and Network Expansion Drive Stablecoin Momentum
October 16, 2024  |  Blockchain

For nearly its entire history, cryptocurrency has been searching for a sustainable product-market fit. From payments to speculative investments to supply chain management, the blockchain...

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State of the Scam: Can Crypto Clean Up While Scaling Up?
State of the Scam: Can Crypto Clean Up While Scaling Up?
October 14, 2024  |  Cryptocurrency

Crypto scams have remained a booming industry for scammers who exploit the hype, anonymity and global reach of digital currencies. But with crypto thefts and...

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FTC Refunds $449K to Victims of Extended Warranty Scam
FTC Refunds $449K to Victims of Extended Warranty Scam
October 10, 2024  |  Cybersecurity

The FTC is refunding $449,000 to victims of a telemarketing scam involving extended automobile warranties. According to a Thursday (Oct. 10) news release from the Federal Trade Commission (FTC),...

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Mastercard CPO Calls for ‘Rethink’ of Payments Technology With Tokenization
Mastercard CPO Calls for ‘Rethink’ of Payments Technology With Tokenization
October 10, 2024  |  Cybersecurity

Among the meteoric rise of payments innovation, tokenization’s widening adoption has been among the most notable. It’s been around for more than a decade, but...

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Federal Agencies Warn Businesses and Consumers About Hurricane-Related Scams
Federal Agencies Warn Businesses and Consumers About Hurricane-Related Scams
October 09, 2024  |  Cybersecurity

With another major hurricane on the way, three federal agencies are warning companies not to take advantage of these natural disasters and cautioning consumers to...

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OpenAI Says China-Backed Phishing Attempt Targeted Employees
OpenAI Says China-Backed Phishing Attempt Targeted Employees
October 09, 2024  |  Cybersecurity

OpenAI says hackers connected to the Chinese government attempted a phishing attack on its employees. The artificial intelligence (AI) company revealed the attempt Wednesday (Oct. 9)...

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SE Asia-Based Scam Groups Raked in $37 Billion in 2023
SE Asia-Based Scam Groups Raked in $37 Billion in 2023
October 07, 2024  |  Fraud Prevention

Scammers based in Southeast Asia took in up to $37 billion in 2023. These groups are still ramping up their efforts in spite of increased...

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