scams

Spot and avoid scams and unfair, deceptive, and fraudulent business practices with tips from the FTC, America's consumer protection agency. Learn about recent scams and how to recognize the warning signs.

Source: consumer.ftc.gov

Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts
Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts
March 15, 2021  |  B2B Payments

Criminals are creative, and when it comes to corporate payments, there are a plethora of ways scammers can infiltrate a transaction workflow to steal not...

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Bitcoin Daily: YouTube, Ripple Reach Settlement Over XRP Lawsuit; Bankrupt Crypto Investment Firm Had UK Fugitive Managing Capital
Bitcoin Daily: YouTube, Ripple Reach Settlement Over XRP Lawsuit; Bankrupt Crypto Investment Firm Had UK...
March 10, 2021  |  Bitcoin

YouTube and Ripple have agreed “to work together” after Ripple sued the video company last April for allegedly failing to remove XRP scams from its...

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Cybersecurity Firm Agari Warns Of Email Capital Call, Payroll Scams
Cybersecurity Firm Agari Warns Of Email Capital Call, Payroll Scams
March 03, 2021  |  B2B Payments

Agari unveiled the results of a six-month cybersecurity study, which support claims that email is the most popular conduit used by fraudsters. Get the Full...

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How Banks And AP Departments Share The Burden Of Fighting Fraud
How Banks And AP Departments Share The Burden Of Fighting Fraud
March 01, 2021  |  B2B Payments

Fraud alarms continue to sound louder as the coronavirus crisis presses on. For corporates, the threat has evolved in a variety of ways, from attackers...

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How First Tech Federal Credit Union Uses AI To Coordinate Its Fraud-Fighting Defenses
How First Tech Federal Credit Union Uses AI To Coordinate Its Fraud-Fighting Defenses
February 22, 2021  |  Fraud Prevention

Financial institutions (FIs) face a dizzying array of cybercrime threats such as account takeovers and botnets that require multilayered defenses, but ensuring these layers cooperate...

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Bitcoin Daily: Bitcoin Marks New Record High Above $48,000; Miami Mayor Offers To Pay Workers With Crypto
Bitcoin Daily: Bitcoin Marks New Record High Above $48,000; Miami Mayor Offers To Pay Workers...
February 11, 2021  |  Bitcoin

Bitcoin hit a new record Thursday (Feb. 11), surging past $48,000, CNBC reported. Get the Full Story Complete the form to unlock this article and...

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Fraudsters Use Telegram To Execute Restaurant Scam
Fraudsters Use Telegram To Execute Restaurant Scam
February 11, 2021  |  Security & Fraud

Digital trust and safety company Sift has discovered a new method of fraud in which scammers use the Telegram messaging technology to steal from eateries...

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Bitcoin Daily: Blockchain Payment Platform Celo Raises $20 Million; Europol Arrests Eight Over Celeb SIM Swap Hack
Bitcoin Daily: Blockchain Payment Platform Celo Raises $20 Million; Europol Arrests Eight Over Celeb SIM...
February 10, 2021  |  Bitcoin

Open-source decentralized finance (DeFi) blockchain ecosystem Celo raised $20 million from partners including Andreessen Horowitz, Greenfield One and Electric Capital, according to a press release. This...

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Why The Data Breach Decline Is Bad News For Businesses
Why The Data Breach Decline Is Bad News For Businesses
February 01, 2021  |  B2B Payments

The Interstate Technology & Regulatory Council (ITRC) released new data on the state of cyberattacks and data breaches with some surprising news: data breaches were...

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