The Securities and Exchange Commission (SEC) has announced charges against investment firm Merrill Lynch, Pierce, Fenner & Smith and its parent company BAC North America Holding Co. The charges,...
Federal regulators have offered new details in a legal action involving Walmart’s money-transfer operations. The Federal Trade Commission (FTC) announced Friday (June 30) that it had amended its year-old complaint against the...
Passwords — and even one-time passcodes (OTPs) — render us vulnerable to fraudsters, which has always been so. The fraudsters are stepping up their attacks...
Plaid now enables consumers to verify their identity across all Plaid-powered apps and services. The open banking platform has modified its Identity Verification product so that previously verified...
Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. That’s according to Great Britain’s Payment Systems Regulator (PSR) which on Wednesday (June...
It’s more than shoplifting. It’s organized retail theft. That’s been a common narrative for the past few years. During May, retailers such as Target, Dollar...
Mastercard and HealthLock say they’ve teamed to help consumers avoid medical bill fraud and claim errors. The partnership, announced Monday (May 22), gives Mastercard health savings account and flexible spending...
Smile Identity has acquired Appruve to expand its digital identity verification solution across Africa. In addition to buying Appruve’s parent company, Inclusive Innovations, Smile Identity is working to finalize...
With online sportsbooks coming off a record Super Bowl in February and more states legalizing the practice at what seems like a monthly cadence, concerns...