Scams/page/4 news and trends

Trending: Intensity of Financial Scams Builds Pressure on Banks to Regain Consumer Trust
Security & Fraud // October 29, 2024

The flood waters have yet to recede. In Florida, the devastation is not fully accounted for, and the costs are not fully tallied. All of that will take time. However, the fraudsters are already on the case because they seize on any opportunity to find...

Amazon and Google File Dual Lawsuits Against Fake Review Site
Legal // October 28, 2024

Amazon and Google are taking action against a website that generates fake product/business reviews. The two tech giants have filed parallel lawsuits against Bigboostup.com, accusing it of selling phony product and business reviews to scammers to list on Amazon’s stores and on Google Search and Google Maps, Amazon announced Monday...

Socure to Create ‘Single View of Identity’ With Effectiv Acquisition
Acquisitions // October 24, 2024

Socure plans to acquire Effectiv to create a unified identity, fraud and risk decision engine and offer its partners a “single view of identity.” The $136 million deal, expected to close in November, will add Effectiv’s artificial intelligence orchestration and decisions platform to Socure’s digital...

This Week in B2B: Payments Get Interesting When Finance Teams Get Smarter
B2B Payments // October 17, 2024

For decades, B2B payments were an unglamorous yet essential component of corporate finance. Now, B2B payments have started to become a little more glamorous as executives realize the keys to their kingdom are often buried in the back office. Businesses are re-evaluating the nature of...

Interviews & Exclusives
Trending: Intensity of Financial Scams Builds Pressure on Banks to Regain Consumer Trust

October 29, 2024
The flood waters have yet to recede. In Florida, the devastation is not fully accounted for, and the costs are not fully tallied. All of that will take time. However, the fraudsters are already on the case because they seize on any opportunity to find would-be victims at their most vulnerable as they dig out […]

Why ‘Good Enough’ Isn’t Winning Banks’ Fight Against Fraud

October 17, 2024
How do you deal with an entity that is so malicious it will use a natural disaster to commit cybercrimes? It’s happening in the wake of the two hurricanes that...

Mastercard CPO Calls for ‘Rethink’ of Payments Technology With Tokenization

October 10, 2024
Among the meteoric rise of payments innovation, tokenization’s widening adoption has been among the most notable. It’s been around for more than a decade, but even today — with explosive...

Decoding Cybersecurity: Understanding FedRAMP and ISO 27001 Standards

August 30, 2024
Contemporary businesses operate in an era marked by surging cyberthreats and data breaches. That’s according to a Thursday (Aug. 29) joint cybersecurity advisory by the FBI, the Cybersecurity and Infrastructure...

Quick Reads
Bank of America May Ask Courts to Resolve CFPB Zelle Investigation

October 30, 2024
Bank of America may ask a court to resolve the Consumer Financial Protection Bureau’s (CFPB) investigation of the bank’s processing of payments through the Zelle network. The bank said in a Tuesday (Oct. 29) filing with the Securities and Exchange Commission (SEC) that it has been responding to the CFPB’s inquiry. “The CFPB staff has […]

Amazon and Google File Dual Lawsuits Against Fake Review Site

October 28, 2024
Amazon and Google are taking action against a website that generates fake product/business reviews. The two tech giants have filed parallel lawsuits against Bigboostup.com, accusing it of selling phony product and business reviews...

Socure to Create ‘Single View of Identity’ With Effectiv Acquisition

October 24, 2024
Socure plans to acquire Effectiv to create a unified identity, fraud and risk decision engine and offer its partners a “single view of identity.” The $136 million deal, expected to...

FTC Refunds $449K to Victims of Extended Warranty Scam

October 10, 2024
The FTC is refunding $449,000 to victims of a telemarketing scam involving extended automobile warranties. According to a Thursday (Oct. 10) news release from the Federal Trade Commission (FTC), the scam was carried out...