A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. Get...
Reports of a hacker-for-hire group dubbed “Dark Basin,” which has targeted journalists, advocacy groups and elected officials, are rocketing around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The European Union (EU) has established a new unit to wage war against financial crime amid an economy struck by the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
It has often been said during the last several weeks that the world has seen several years’ worth of eCommerce innovations advance in about three months, due to the pressure and pivots created by the global health pandemic. What most people fail to appreciate, Payoneer...
Three U.S. universities have been the victims of ransomware attacks in the past week, according to Cointelegraph. 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...
As commerce shifts online in a pivot that is likely to remain permanent, the fraudsters are also shifting their targets — and methods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
After some three months of keeping consumers at home, governments around the world are beginning to let people publicly mix again — albeit in a modified fashion that involves wearing masks, keeping socially distant and limiting crowded indoor locations. The big question is how to...
In the first five months of the year, cryptocurrency thefts, hacks and frauds totaled $1.4 billion, and could exceed the 2019 loss of $4.5 billion by year’s end, according to a new report. Get the Full Story Complete the form to unlock this article and...
India’s BHIM payment app has reportedly accidentally exposed the personal data of 7 million users, including addresses, scans of Aadhar IDs and caste certificates, according to cybersecurity company VPNMentor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
