security & fraud

Consumer Group Wants Banks To Be More Accountable For Transfers To Fake Accounts
Consumer Group Wants Banks To Be More Accountable For Transfers To Fake Accounts
September 26, 2016  |  Security & Fraud

The U.K.’s Payment Systems Regulator (PSR) is gearing up to look into complaints from consumer group Which? over the level of protection banks give customers...

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CFPB Files Lawsuit Against Credit Repair Company Prime Marketing Holdings
CFPB Files Lawsuit Against Credit Repair Company Prime Marketing Holdings
September 26, 2016  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced on Friday (Sept. 23) it filed a lawsuit in federal district court against credit repair company Prime Marketing...

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Bad Guys Are Scamming People And Then Selling Victims’ Information
Bad Guys Are Scamming People And Then Selling Victims’ Information
September 26, 2016  |  Security & Fraud

The bad guys aren’t happy just scamming people. It turns out they are also sharing their victims’ information with other unscrupulous people. That’s according to...

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Money Data Limited Taps Thomson Reuters Risk Solutions For Hong Kong Compliance
Money Data Limited Taps Thomson Reuters Risk Solutions For Hong Kong Compliance
September 22, 2016  |  Regulation

Money Data Limited, a subsidiary of Tencent, announced on Wednesday (Sept. 21) it has selected Thomson Reuters Risk solutions to comply with the Hong Kong...

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Russia To Adopt Rules That Enable Them To Decrypt Code
Russia To Adopt Rules That Enable Them To Decrypt Code
September 22, 2016  |  Security & Fraud

The Russian Federal Security Service and the Ministry of Communications is getting more involved in the internet business game, with Forbes reporting the two agencies in Russia...

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Visa Gearing Up To Make Enhancements To Verified By Visa
Visa Gearing Up To Make Enhancements To Verified By Visa
September 21, 2016  |  VISA

Visa Inc. announced on Tuesday (Sept. 20) that changes coming to Verified by Visa, its online authentication service, and to Three-Domain Secure (3-D Secure), the...

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Digital Channels Making Banks More Vulnerable To Scams
Digital Channels Making Banks More Vulnerable To Scams
September 21, 2016  |  Security & Fraud

SAS, the analytics company, and Javelin Strategy & Research, the market research company, found in their “2016 Digital Channel Threat Report: Derisking Convenience” that digital...

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Fiserv Detects More Than 90 Percent Of Fraud With Payment Fraud Manager Tool
Fiserv Detects More Than 90 Percent Of Fraud With Payment Fraud Manager Tool
September 20, 2016  |  Security & Fraud

Fiserv, the provider of financial services technology solutions, announced on Monday (Sept. 19) that its Payment Fraud Manager tool detected more than 90 percent of...

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BNL Launches Electronic PIN Code For Hello Mat! Debit Card
BNL Launches Electronic PIN Code For Hello Mat! Debit Card
September 20, 2016  |  Security & Fraud

BNL, BNP Paribas Group announced on Monday (Sept. 19) the availability of a fully electronic PIN code distribution for its cards. According to a press...

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