China said it has found an ally in its fight against the U.S. efforts to impose restrictions on TikTok and WeChat, the mobile apps under fire by the Trump administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cyberthieves posing as Singapore government agencies and universities stole $749,000 worth of goods after tricking companies into delivering them. 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...
Mitiga is working with law enforcement after uncovering a widespread business email compromise (BEC) scam that has netted more than $15 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Kount, the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi, the payment protection and management company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As ransomware attacks surge and increasingly target vulnerable sectors like healthcare, the federal government’s financial crimefighting team is raising the alarm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
One day after an Ernst & Young (EY) whistleblower’s warning about potential fraud at Wirecard was made public, the global accounting firm is facing backlash, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Singapore’s financial regulatory authority announced Wednesday (Sept. 30) it has directed Wirecard AG to end its payment services in the Southeast Asian country and return customers’ funds by Oct. 14. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
An EY whistleblower has alleged the global accounting firm was warned as far back as 2016 that senior managers at Wirecard may have committed fraud and one had tried to bribe an auditor, the Financial Times (FT) reported. Get the Full Story Complete the form...
Isn’t it just like a crook to exploit a bad situation? COVID-19 is an ideal example, as cold-hearted fraudsters are siphoning off funds designated for legitimate people and businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
