February 07, 2012
Building a Better Fraud Force Field
Click here to download a free copy of Chase Paymentech’s latetest white paper: Proactive Fraud Prevention for Online Retail. No matter what your industry, fraud is a part of it....
February 07, 2012
Al Rajhi Bank in Saudi Arabia Issues 15,000 Cards per...
Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that Al Rajhi Bank, the largest financial institution in Saudi Arabia, has completed the main phase of the Dexxis...
February 06, 2012
NCR Announces Strong Fourth-Quarter Results
NCR Corporation (NYSE: NCR) reported financial results today for the three months ended December 31, 2011. Reported revenue of $1.64 billion increased 17 percent from the fourth quarter of 2010,...
February 06, 2012
CyberSource 2012 Online Fraud Report
Click here to download your copy of CyberSource’s 2012 Online Fraud Report. Nearly 50% of merchants say that fraud is “cleaner” than last year Managing online fraud continues to be a...
February 03, 2012
Individuals and corporations convicted for $2.3 million kickback scheme to...
A Manhattan jury convicted four individuals (Michael Yaron, Moshe Buchnik, Santo Saglimbeni, and Emilio Figueroa) and three corporations (Cambridge Environmental & Construction Corp., Oxford Construction & Development Corp., and Artech...
January 31, 2012
Contractor gets prison sentence and $327K fine for kickback scheme
Edward T. Fodrey, a Virginia contractor, was sentenced to 37 months in prison and a $326,799 restitution fine for his role in a kickback scheme and mail fraud. An employee...
January 30, 2012
Michael Schrage’s Innovation Muses
Looking to get an edge over the competition? Get a muse, says Michael Schrage, research fellow with the MIT Sloan School’s Center for Digital Business and the Innovation and Entrepreneurship...
January 30, 2012
Real estate investor pleads guilty to bid rigging at public...
Kenneth A. Swanger pleaded guilty to bid rigging and mail fraud at public real estate foreclosure auctions held in San Joaquin County, California. Swanger, a former real estate investor, conspired...
January 29, 2012
Ryan International Airlines defrauder sentenced to prison and fine
Robert A. Riddell was sentenced to 24 months in prison and $131,540 in restitution for his role in a conspiracy to defraud Ryan International Airlines. Riddell had owned and operated...
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.
