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

SEC Urges Corporate Accounting Changes Amid Rising BEC Scam Threat

SEC Urges Corporate Accounting Changes Amid Rising BEC Scam Threat
SEC Urges Corporate Accounting Changes Amid Rising BEC Scam Threat
October 25, 2018  |  B2B Payments

As U.S. public companies brace for wide-ranging changes to accounting standards, the U.S. Securities and Exchange Commission (SEC) wants corporate accountants and financial executives to...

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Elon Musk Stirs Twitter Pot Again — But This Time, It Won’t Cost $40 Million
Elon Musk Stirs Twitter Pot Again — But This Time, It Won’t Cost $40 Million
October 23, 2018  |  Bitcoin

An Elon Musk message on Twitter – apparently a joke about bitcoin that fell flat – ended up causing the messaging and social media platform to...

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Australia Moves To Standardize eInvoicing
Australia Moves To Standardize eInvoicing
October 22, 2018  |  B2B Payments

Australia and New Zealand are planning to create trans-Tasman standards for electronic invoicing in an effort to save $30 billion over 10 years. Get the...

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CFTC Ups Crypto Regulation In 2018
CFTC Ups Crypto Regulation In 2018
October 08, 2018  |  Legal & Regulation

The Commodity Futures Trading Commission (CFTC) reported an increase in enforcement actions in the last fiscal year, partly due to a rise in cryptocurrency cases...

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UK Finance: Invoice Fraud A Threat To Business
UK Finance: Invoice Fraud A Threat To Business
September 28, 2018  |  B2B Payments

Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of millions of pounds...

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Deep Dive: How Retailers Guard Against Cyberattacks
Deep Dive: How Retailers Guard Against Cyberattacks
September 28, 2018  |  Cybersecurity

PYMNTS explores the forces threatening consumer trust in this month’s Digital Identity Tracker™ Deep Dive, including how companies protect themselves while boosting customers’ confidence.

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BEC Run Out Of Detention Center Nets Millions
BEC Run Out Of Detention Center Nets Millions
September 17, 2018  |  B2B Payments

Mobile means payments fraud schemes can be run from the unlikeliest of locations.  In the meantime, business email compromises are on the rise, as phishing...

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Five At Five: Amazon’s Online Ad Push Gains Steam
Five At Five: Amazon’s Online Ad Push Gains Steam
September 04, 2018  |  News

Welcome to Five at Five, your late look at today’s commerce and payments news. Today’s coverage includes the latest on Amazon’s ad efforts, along with a...

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