Promotions have not just become a lifeline for retailers looking to boost revenues during the pandemic, but also fraudsters looking for a quick and easy scam. In this month’s Digital Fraud Tracker, Luke Rauch, vice president of customer experience at Walgreens, discusses how digitizing promotions...
Microsoft has been hacked as part of what officials say could be a Russian campaign that hit multiple U.S. government agencies, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With every dark cloud comes a silver lining – or at least that’s how the old and oft-repeated expression goes. Said less often though, no less true, is the inverse corollary: For every silver lining, there is a dark cloud somewhere. A less sunny aphorism, to...
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Robinhood has come under the watchful eye of regulators — this time in Massachusetts. State regulators are set to file a complaint on Wednesday (Dec. 16) saying that the stock-trading platform failed to protect its customers and their assets, violating state laws and regulations. Get...
Disputes and chargebacks are nothing new. But in the digital age of commerce wrought by the pandemic, they’re becoming a key point of friction between consumers, merchants and issuers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
For all the time, effort and energy put into fighting fraud in its various forms, the reality is that there’s no magic bullet to stop it. As Trulioo Chief Operating Officer Zac Cohen told Karen Webster in a recent Masterclass conversation, fraudsters aren’t only a...
A report by a major Swedish newspaper triggered a selloff by investors of shares in a trio of Nordic banks, puzzling analysts since the revelations appear to be based on criminal probes publicly disclosed months and even years ago. Get the Full Story Complete the...
The Federal Trade Commission (FTC) has announced a new operation, Operation Income Illusion, to crack down on fraudsters targeting victims with fake promises of jobs or income, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...
