security & fraud

CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders
CFPB Cracks Down On Deceptive Lender Who Targeted 9/11 First Responders
September 20, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau announced Tuesday (Sept. 19) that it took action against Top Notch Funding and two individuals associated with the company. In...

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CFPB Could Have Gotten A Lot More In Fines From Wells Fargo
CFPB Could Have Gotten A Lot More In Fines From Wells Fargo
September 20, 2017  |  Security & Fraud

Last year, Wells Fargo faced fines of as much as $10 billion from the Consumer Financial Protection Bureau, but instead settled for a fraction of...

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Uber Sues Fetch Media For Fraudulent Ads
Uber Sues Fetch Media For Fraudulent Ads
September 20, 2017  |  Legal

Uber has filed a lawsuit against Fetch Media, accusing the mobile ad company of improper billing for fraudulent ads and falsely taking credit for app...

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Equifax Lets Go Of Two Execs; Wealthy Victims Could Be At Risk After Breach
Equifax Lets Go Of Two Execs; Wealthy Victims Could Be At Risk After Breach
September 18, 2017  |  Security & Fraud

In the wake of the massive data breach at Equifax, the embattled credit scoring company announced that the Chief Information Officer, David Webb, and the...

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Dubai Financial Services Authority The Latest To Warn Against ICOs
Dubai Financial Services Authority The Latest To Warn Against ICOs
September 14, 2017  |  Bitcoin

The Dubai Financial Services Authority (DFSA) warned investors on Wednesday (Sept. 13) that initial coin offerings (ICOs) are complex and risky, joining a growing list of governments to...

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ICBA Bancard Partners With CardinalCommerce For Cardless Authentication
ICBA Bancard Partners With CardinalCommerce For Cardless Authentication
September 14, 2017  |  Authentication

ICBA Bancard, the payments services unit of the Independent Community Bankers of America (ICBA), announced Wednesday (Sept. 13) a new partnership with CardinalCommerce. In a...

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Equifax CEO Vows To Make Changes, Protect Consumers In Wake Of Breach
Equifax CEO Vows To Make Changes, Protect Consumers In Wake Of Breach
September 14, 2017  |  Security & Fraud

Equifax Security chairman and chief executive officer Richard Smith recently penned an Oped in USA Today in which he vowed to provide protections to everyone...

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Synthetic Identity Theft On The Rise
Synthetic Identity Theft On The Rise
September 14, 2017  |  Security & Fraud

A new type of credit card fraud is emerging, dubbed “synthetic identity theft.” In instances of synthetic identity theft, cybercriminals create new identities to credit...

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Beijing Court Sentences Mastermind of Ezubao Scam To Life In Prison
Beijing Court Sentences Mastermind of Ezubao Scam To Life In Prison
September 13, 2017  |  Fraud Attack

A court in Beijing handed down a life sentence for the mastermind behind the $9 billion Ezubao financial Internet scam and sentenced 26 others to...

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