Fraud Prevention

DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk

DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk
DOJ Asks Congress for Tools to Limit NFT Money-Laundering Risk
September 22, 2022  |  Cybersecurity

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Justice Department Seeks Congressional Green Light for Faster Crypto Investigations
Justice Department Seeks Congressional Green Light for Faster Crypto Investigations
September 21, 2022  |  Cryptocurrency

Not only does the U.S. Department of Justice want crypto criminals who violate money transmitter licensing laws to spend more time in jail, but it...

READ MORE >
Onfido Debuts Facial Biometric Tech That Verifies ID in Seconds
Onfido Debuts Facial Biometric Tech That Verifies ID in Seconds
September 21, 2022  |  Authentication

Next-generation facial biometric technology has the ability to speed up verification, detecting a real person in seconds. Get the Full Story Complete the form to...

READ MORE >
Galileo, DataVisor Debut Payments Risk Mitigation Platform
Galileo, DataVisor Debut Payments Risk Mitigation Platform
September 20, 2022  |  Fraud Prevention

Galileo Financial Technologies has expanded its Galileo Payment Risk Platform with a partnership with DataVisor, which works in fraud and risk management, to offer more...

READ MORE >
DOJ Seeks to Double Jail Time for Money Transmission Crimes
DOJ Seeks to Double Jail Time for Money Transmission Crimes
September 20, 2022  |  Legal & Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Treasury Department Seeks Public Comment on Crypto Risks
Treasury Department Seeks Public Comment on Crypto Risks
September 19, 2022  |  Cryptocurrency

The U.S. Department of Treasury is asking for public comment on any risks that digital assets pose in terms of illicit finance and national security. ...

READ MORE >
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Cybersecurity

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

READ MORE >
Finland’s Findynet Paves Way for Pan-EU Interoperability
Finland’s Findynet Paves Way for Pan-EU Interoperability
September 12, 2022  |  Cybersecurity

The Nordic countries have been spearheading digital payment innovation for decades and the adoption of electronic identity (eID) documents is no different. However, ensuring the...

READ MORE >