We may be wondering what’s on the other side of commerce, banking, and “normal” life after the pandemic — but rest assured it will be done (at a significant and accelerating pace) online. Get the Full Story Complete the form to unlock this article and enjoy...
Such immense effort is expended fighting determined fraudsters that it’s easy to minimize friendly fraud — a frustrating state of affairs that leaves financial institutions (FIs) and merchants on the hook for purchases disowned, justly or otherwise, by legitimate cardholders. Get the Full Story Complete...
EY’s global chairman and CEO has expressed regret over the accounting firm’s failure to uncover fraud sooner at Wirecard AG, the bankrupt German payment company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The old saying goes: Faster payments, faster fraud. 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 to our daily newsletter, PYMNTS Today. By completing this form, you...
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 to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
GrabCar, a unit of Grab Holdings, a Singapore-based ridesharing company, has been issued a $10,000 Singapore dollar ($7,311) fine for a personal data breach, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fifty-seven local and international “persons of interest” who possibly participated in the Wirecard AG scandal are subjects of a probe by government officials in the Philippines, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Chargeback options are meant to protect consumers, but shoppers also sometimes file claims over purchases they simply don’t recall or don’t want to pay for. It’s a problem that cost retailers $35 billion in 2019 alone. In the FI Fraud Decisioning Playbook, Mohamad Tayba, senior...
Fifty-seven people have been charged by the U.S. Department of Justice (DOJ) as of May for attempting to misappropriate over $175 million from the Paycheck Protection Program (PPP), which was created to assist people amid the COVID-19 health crisis, Reuters reported. Get the Full Story...
