security & fraud

Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
June 27, 2023  |  Security & Fraud

Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and...

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LinkedIn Struck by Recruitment Scam Wave Following Tech Layoffs
LinkedIn Struck by Recruitment Scam Wave Following Tech Layoffs
February 26, 2023  |  Security & Fraud

LinkedIn has reportedly seen a rash of scams targeting remote workers and jobless tech employees. People seeking jobs on the networking site are instead being...

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FTC Distributes $115M to Victims of MoneyGram Payment Fraud
FTC Distributes $115M to Victims of MoneyGram Payment Fraud
February 12, 2023  |  Security & Fraud

The federal government has reimbursed nearly 40,000 victims of fraud schemes processed by MoneyGram. According to a Friday (Feb. 10) Federal Trade Commission (FTC) news...

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Authorities Infiltrate and Shut Down Ransomware Group That Took $100M 
Authorities Infiltrate and Shut Down Ransomware Group That Took $100M 
January 26, 2023  |  Security & Fraud

A global ransomware group has been shut down by American, German and Dutch authorities. The U.S. Justice Department said in a Thursday (Jan. 26) press...

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T-Mobile Reports Monthlong Data Breach Affecting 37M Customers
T-Mobile Reports Monthlong Data Breach Affecting 37M Customers
January 19, 2023  |  Security & Fraud

A hacker siphoned customer data from T-Mobile for more than a month. In that time, the bad actor obtained data about 37 million customers, the...

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Mobile Wallet Twint Taps NetGuardians for Anti-Fraud Software
Mobile Wallet Twint Taps NetGuardians for Anti-Fraud Software
January 11, 2023  |  Partnerships

Swiss mobile wallet Twint is tapping NetGuardians for fraud prevention software. Twint chose the Swiss anti-fraud FinTech as a provider due to its ability to...

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Technical Constraints and Fraud Costs Are Crimping FinTech Money Mobility
Technical Constraints and Fraud Costs Are Crimping FinTech Money Mobility
January 09, 2023  |  Security & Fraud

Money mobility ended 2022 as a serious problem for FinTechs and enters 2023 needing attention. The FinTech Fraud Ripple Effect, a PYMNTS and Ingo Money...

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Chicago Grand Jury Charges 2 in ‘Remotely Created Checks’ Scheme 
Chicago Grand Jury Charges 2 in ‘Remotely Created Checks’ Scheme 
December 08, 2022  |  Security & Fraud

A federal grand jury has charged two operators of payment processing companies with bank fraud.  The grand jury in Chicago charged the two Illinois men...

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Alpian Selects Napier Continuum for Compliance Platform 
Alpian Selects Napier Continuum for Compliance Platform 
December 07, 2022  |  Security & Fraud

The Swiss digital bank Alpian will use the Napier Continuum financial crime compliance platform. The developer of the platform, Napier, announced the partnership in a...

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