security and fraud

FTC Unit Aids With Criminal Prosecutions of Scammers
FTC Unit Aids With Criminal Prosecutions of Scammers
January 30, 2023  |  Security & Fraud

When scammers took in $1.2 million from small businesses and nonprofits, the FTC acted. Because the Federal Trade Commission (FTC) is not authorized to bring...

READ MORE >
Inscribe Raises $25M to Expand Fraud Detection Capabilities
Inscribe Raises $25M to Expand Fraud Detection Capabilities
January 25, 2023  |  Security & Fraud

Inscribe has raised $25 million to expand its fraud detection capabilities and introduce risk intelligence tools. The new Series B capital brings the firm’s total...

READ MORE >
ShipManager Hack Puts 1,000 Vessels’ Data at Risk
ShipManager Hack Puts 1,000 Vessels’ Data at Risk
January 18, 2023  |  Security & Fraud

ShipManager servers fell victim to a ransomware attack on Jan. 7. DNV, the Oslo-based company that operates the fleet management platform, announced the cybersecurity breach...

READ MORE >
Call Centers Become Prime Target for Identity Fraud
Call Centers Become Prime Target for Identity Fraud
January 03, 2023  |  Security & Fraud

Retail call centers are the front line of consumer queries and the favorite new target for identity fraud. Daniel Flowe, head of identity strategy at...

READ MORE >
Old-Fashioned Audits Play New Role in Fight Against Business Payments Fraud
Old-Fashioned Audits Play New Role in Fight Against Business Payments Fraud
December 21, 2022  |  Risk Management

Fighting B2B payments fraud starts with acknowledging that financial risk management starts from within. A continuous audit and data validation has been shown to be...

READ MORE >
Diverse Data Sets Help Tackle Fraud Without ‘Unnecessary’ Payment Friction
Diverse Data Sets Help Tackle Fraud Without ‘Unnecessary’ Payment Friction
December 21, 2022  |  Security & Fraud

Analysis of a variety of data sets is central to tackling online fraud without creating customer friction. As the digital economy grows and evolves, fraudsters...

READ MORE >
Business Payments Fraud Remains Top Concern Among B2Bs
Business Payments Fraud Remains Top Concern Among B2Bs
December 06, 2022  |  Security & Fraud

Inflation may be inescapable but research shows businesses are actually more worried about fraud. According to the “B2B Payments Fraud Tracker,” from PYMNTS and nsKnox,...

READ MORE >
NMI, Kount Team on ISV and Merchant Fraud Prevention
NMI, Kount Team on ISV and Merchant Fraud Prevention
November 21, 2022  |  Security & Fraud

Payments platform NMI is collaborating with digital identity firm Kount, an Equifax company, to provide independent software vendors, independent sales organizations and merchant partners with...

READ MORE >
How the Entangled CEOs of FTX and Alameda Took the Public for a Ride
How the Entangled CEOs of FTX and Alameda Took the Public for a Ride
November 18, 2022  |  News

At the heart of the FTX implosion, which has reportedly left nearly a million former customers and investors who trusted the exchange empty-handed, is the company’s...

READ MORE >