security & fraud

The CFPB Settles With National Credit Adjusters
The CFPB Settles With National Credit Adjusters
July 16, 2018  |  CFPB

The Bureau of Consumer Financial Protection announced late last week it settled with the National Credit Adjusters, a private company, as well as its chief executive...

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Global Regulators Propose Crypto Monitoring Framework
Global Regulators Propose Crypto Monitoring Framework
July 16, 2018  |  Cryptocurrency

Cryptocurrencies such as bitcoin and ether don’t pose much of a risk to global financial stability at the current time, but that isn’t stopping global...

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At The Grocer, Consumers Sizzle At Self-Checkout
At The Grocer, Consumers Sizzle At Self-Checkout
July 13, 2018  |  Sizzle/Fizzle

Sizzle Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Malta’s Lack Of Anti-Money Laundering Enforcement Slammed By EU
Malta’s Lack Of Anti-Money Laundering Enforcement Slammed By EU
July 13, 2018  |  Regulation

The European Banking Authority, the main banking regulator in Europe, slammed Malta for “systematic” failings in the enforcement of anti-money laundering rules, reported the Financial...

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Ex-QVC Executive Gets 2.5 Years In Prison For Defrauding Company
Ex-QVC Executive Gets 2.5 Years In Prison For Defrauding Company
July 11, 2018  |  Security & Fraud

QVC former director James D. Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam....

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Facebook Hit With Fine In The UK Over Cambridge Analytica Scandal
Facebook Hit With Fine In The UK Over Cambridge Analytica Scandal
July 11, 2018  |  Facebook

Facebook was hit with a $660,000 fine, the maximum allowed, by the British Information Commissioner’s Office over its data scandal with now-defunct political consulting firm...

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Investors Flee Danske Bank Following Money Laundering Allegations
Investors Flee Danske Bank Following Money Laundering Allegations
July 09, 2018  |  Bank Regulation

Danske Bank is facing backlash from a money laundering scandal that has now resulted in it losing client Unity Technologies, a video game startup that is valued...

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Apple’s New iOS Could Make Users More Vulnerable To Banking Fraud
Apple’s New iOS Could Make Users More Vulnerable To Banking Fraud
July 05, 2018  |  Apple

Apple’s new iOS 12 includes a security code auto-fill feature that according to a researcher makes customers more susceptible to banking fraud. Get the Full Story...

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SEC, FBI Investigating Facebook’s Cambridge Analytica Data Scandal
SEC, FBI Investigating Facebook’s Cambridge Analytica Data Scandal
July 03, 2018  |  Facebook

Facebook’s data scandal, in which the now defunct political consulting firm Cambridge Analytica accessed the data on 87 million users without their consent, is getting further...

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