security & fraud

Capital One Eyes Blockchain For Authentication

Capital One Eyes Blockchain For Authentication
Capital One Eyes Blockchain For Authentication
August 20, 2018  |  Banking

Capital One, the national bank, filed a patent application with the U.S. Patent and Trademark Office last June to use blockchain for securing user authentication methods...

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University Of Florida Researchers Develop Device To Detect Skimmers
University Of Florida Researchers Develop Device To Detect Skimmers
August 16, 2018  |  Cybersecurity

Aiming to detect skimmers that are placed on credit card readers, University of Florida researchers  Nolen Scaife, Christian Peeters and Patrick Traynor showcased the Skim Reaper,...

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Intel Finds Three More Flaws In Microprocessors
Intel Finds Three More Flaws In Microprocessors
August 15, 2018  |  Cybersecurity

Semiconductor company Intel disclosed Tuesday (August 14) that it found three more potential flaws in its microprocessors that could enable hackers to get access to...

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Banks, Merchants Turn To Behavioral Biometrics To Fight Fraud
Banks, Merchants Turn To Behavioral Biometrics To Fight Fraud
August 14, 2018  |  Fraud Prevention

In an effort to prevent fraud, an increasing number of banks and merchants have been monitoring visitors to their websites and apps. Get the Full...

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FBI Warns Banks About Widescale ATM Cash-Out Scam
FBI Warns Banks About Widescale ATM Cash-Out Scam
August 13, 2018  |  Cybersecurity

The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global scam, known as...

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Little Evidence That Tether Has The US Dollar Reserves To Back Tokens
Little Evidence That Tether Has The US Dollar Reserves To Back Tokens
August 13, 2018  |  Cryptocurrency

Tether, the digital currency that is purported to be backed by U.S. dollars, has been surging in trading — with daily trading volume around $3...

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CFPB Settles With Payday Lender Over Scam Fees
CFPB Settles With Payday Lender Over Scam Fees
August 13, 2018  |  CFPB

The Consumer Financial Protection Bureau announced Friday (August 10) that it entered into a settlement agreement with Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated...

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Bank CEO Accused Of Accelerating Manafort Loan Approvals
Bank CEO Accused Of Accelerating Manafort Loan Approvals
August 13, 2018  |  Legal & Regulation

Federal Savings Bank‘s chief executive Steve Calk is being accused of helping Paul Manafort, the former Trump campaign chairman, secure loans in exchange for a...

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