The Federal Trade Commission (FTC) announced news on Monday (Aug. 7) that it charged twelve people with money laundering millions of dollars in credit card charges via fraudulent merchant accounts. According a FTC press release, the defendants set up an operation known as Money Now...
September 01, 2017
T1 Payments has a lot in the hopper, with a new same-day settlement to partners offering coming soon. At the same time, the firm has been investing in managing merchant fraud. CEO Don Kasdon weighed in on what high risk really means when it comes to a merchant portfolio.
August 08, 2017
The Federal Trade Commission (FTC) announced news on Monday (Aug. 7) that it charged twelve people with money laundering millions of dollars in credit card charges via fraudulent merchant accounts. According a FTC press release, the defendants set up an operation known as Money Now Funding (MNF) to get and maintain merchant accounts that let […]
