The U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) are cracking down on scams known as credit card laundering or transaction laundering,...
Anti-money laundering startup EverCompliant has announced an investment from American Express Ventures. The companies said this week that American Express Ventures is joining existing backers...
Ever wonder why it’s called “laundering money?” It’s because this type of fraud literally started with laundromats. In the 1920s, laundromats were a novel business....
Agree or disagree with the Second Amendment, there’s nothing wrong with a website selling goods like hats and t-shirts to people who wish to wear...
Online stores purporting to sell assorted household goods are being used as a front to collect internet gambling payments, reported Reuters. Per an examination by the...
Getting paid is a worker’s number one priority — including the fraudster. And that’s why they have turned to alternative payments as a way to both...
In the days of Al Capone, laundromats used to, literally, launder money. Now, that’s any website that a clever bad guy sets up or takes...
Israel-based cyber-intelligence company EverCompliant is the first line of defense against transaction laundering, the digital payments space’s equivalent of traditional money laundering. In a nutshell,...
A recent guest blog presented by G2 Web Services explores the obligations acquirers and third parties have when it comes to filing a Suspicious Activity...