Search results for "fraud"

June 27, 2012
FBI Arrests 24 for Card Fraud, Wrapping Up Two-Year Investigation

Two dozen fraudsters situated across the globe were arrested for credit card fraud by the U.S. Federal Bureau of Investigation this week. By attracting criminals to its own shop, the...


June 21, 2012
PYMNTS Daily Roundup: June 21-22

RBS and NatWest Web Services Knocked Out; Oslo Bors Hit by DDoS Attack Social in the Enterprise: American Companies Experiment More, European Companies Integrate Better A U.S. Retailer Buys an...


June 20, 2012
PYMNTS Daily Roundup: June 20-21

You rely on PYMNTS.com for insights and analysis on all of the biggest stories in payments. But in addition to our industry-leading, in-depth coverage, we also provide a bird’s eye...


June 20, 2012
KC Fed’s Hayashi: Mobile’s Chicken-And-Egg Problem Persists

Mobile payment applications may seem cool at first glance. But at least one industry expert isn’t quite yet convinced. Dr. Fumiko Hayashi is a Senior Economist in the Payments System...


June 20, 2012
Online marketer of bogus free trials to pay $359M in...

The Federal Trade Commission and several individuals have reached a settlement order of $359 million for charges of online marketing fraud. Most of the defendants were located in Alberta; the...


June 17, 2012
MasterCard Invests More Than Money in iZettle

The $30 million-plus iZettle just raised will certainly help the company expand its geographic footprint. But partnering with companies like MasterCard will bring a whole lot more. MasterCard VP Mobile...


June 13, 2012
Consumers Cite Privacy and Benefits as Major Mobile Deterrent

Chris Hoofnagle (Director, Information Privacy Programs, Berkeley Center for Law & Technology) and Jennifer Urban (Faculty Co-Director, Samuelson Law, Technology & Public Policy Clinic) are the co-authors of a new...


June 13, 2012
Allied Wallet Shares Secrets to Success in Europe

Ten-year-old Allied Wallet provides online payment processing services to “thousands of globally scattered merchants,” with several offices spread across the globe (Los Angeles, Frankfurt, Hong Kong, e.g.). In May, the...


June 13, 2012
CVS and Rite Aid file charges against Wyeth and Teva...

CVS and Rite Aid have filed an antitrust lawsuit against Wyeth and Teva in New Jersey federal court. The pharmacies allege that the two drug manufacturers conspired to keep generics...


The Path to FinTech Profitability Must Be Fraud-Proof

With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.

Improving Financial Performance: Challenges Driving Spend Management System Adoption
Spend Management Headaches Push SaaS Firms to Automated Systems A new PYMNTS’ survey of 225 SaaS firm executives for the “Improving Financial Performance: Challenges Driving Spend Management System Adoption” report, an Airbase collaboration,  showed that accessing real-time data is so challenging when managing non-payroll spend that 76% said they’d pay for a system to help.