Samsung was the victim of a cybersecurity breach in late July, which saw United States customers’ personal information exposed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Names, contact information and some financial information of about 120,000 people was reportedly posted in error by the Internal Revenue Service (IRS) on its website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The British government reportedly expects that 3.3 billion pounds (about $3.8 billion) of the “bounce-back” loans it made to small- to medium-sized businesses (SMBs) in response to the pandemic will be ultimately found to have been fraudulent. Get the Full Story Complete the form to...
The possibilities of Web3 are becoming increasingly apparent. This newest iteration of the internet will feature a strong emphasis on decentralized applications, heavy use of machine learning and artificial intelligence and extensive use of blockchain-based technologies. Additionally, the metaverse provides infrastructure that allows consumers to...
End-to-end payment solutions provider EFT Corporation is instituting new fraud protection measures across Africa through a partnership with real-time payments firm ACI Worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Secret Service has reportedly recovered $286 million in COVID-19 relief funds that had been obtained illegally by people using fake identities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The federal government’s plan to forgive some student loans isn’t up and running yet, but it’s certainly been getting a lot of coverage in the news. And, as is often the case with high-profile news involving money, that means scammers are already trying to take...
Amanda Mickleburgh, product director for fraud at ACI Worldwide, tells PYMNTS that fraud orchestration can be a key line of defense as merchants (and fraudsters) adapt to the continuing shift to eCommerce channels and more frequent “peak” selling seasons.
People subject to sanctions are reportedly using cryptocurrency services to evade the sanctions, and this could put crypto firms and those transacting in crypto at risk of fines or criminal prosecution. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
