Articles with tag like: scam

Found 31 results in 862 milliseconds.

Scams accounted for 59% of blocked user-generated malicious content within Sift's network in Q1 2021, report finds

News | Digital Identity, Security & Online Fraud | 30 Jun 2021

Sift has released its Q2 2021 Digital Trust & Safety Index report, which revealed that scams accounted for 59% of blocked user-generated malicious content within Sift’s network during the first quarter 2021.

Sift, online fraud, scam

When authorised payments are not: spotting coercion in online transactions

Voice of the Industry | Digital Identity, Security & Online Fraud | 28 Jun 2021

With impostor scams on the rise worldwide and increasingly difficult to detect, financial institutions must develop new strategies to combat the threat of advanced social engineering and maintain customer trust

scam, social engineering, cybercrime, online security, digital identity

Global fraud rates are rising: how identity verification tech can save us

Voice of the Industry | Digital Identity, Security & Online Fraud | 15 Jun 2021

Fraud rates are on the rise around the world. Veriff’s Janer Gorohhov dives into how identity verification tech is the answer 

fraud management, identity verification, scam, digital signature, digital identity, artificial intelligence

FICO releases new version of its Falcon Fraud Manager

News | Digital Identity, Security & Online Fraud | 07 Jun 2021

FICO, an analytics software provider, has released the Fico Falcon Fraud Manager model for retail banking.

FICO, fraud management, fraud prevention, product upgrade, scam

Will pan-European collaboration take payment fraud combatting to the next level?

Voice of the Industry | Digital Identity, Security & Online Fraud | 18 May 2021

Thomas Egner, the Secretary General of the Euro Banking Association, develops on how PSPs started to engage in collective fraud combatting initiatives, both at national and pan-European levels 

PSP, COVID-19, scam, EBA, SEPA, fraud prevention, fraud detection, data, instant payments, IBAN

Payee scams on the rise, says Payments 20

News | Digital Identity, Security & Online Fraud | 13 May 2021

Payments 20 (P20) has called on the payments industry to work together to combat payee scams which have increased exponentially since the start of the COVID-19 pandemic in 2020.

scam, online fraud, report

Scam messages received by Barclays, Halifax, HSBC, and Lloyds customers

News | Digital Identity, Security & Online Fraud | 30 Mar 2021

Scam messages, purporting to be from Barclays, Halifax, HSBC, and Lloyds have been issued in the past week – asking account holders to verify suspicious transactions.

Barclays, transactions , scam, online banking

MPs urges tech giants to act against online pension scams

News | Digital Identity, Security & Online Fraud | 29 Mar 2021

A committee of MPs has urged tech giants such as Google, Facebook, and Microsoft to stop the ‘immoral’ practice of profiting from the EUR 11.7 billion of pension fraud committed by internet scammers.

scam, Facebook, Microsoft, fraud management, regulation, FCA

Over GBP 34.5 million stolen in pandemic scams, UK police reports

News | Digital Identity, Security & Online Fraud | 26 Mar 2021

The UK’s police forces have recorded more than 6,000 cases of COVID-19 related fraud and cyber-crime during the pandemic, leading to a total loss of GBP 34.5 million since 1 March 2020.

cybercrime, payment fraud, scam, COVID-19

Large internet companies demanded to tackle online scams in the UK

News | Digital Identity, Security & Online Fraud | 22 Mar 2021

Bank of England Governor Andrew Bailey has been lobbying the British government to initiate a legal requirement for large internet companies such as Google to take down financial fraud websites.

financial crime, bigtech, Bank of England, fraud detection, scam

Target, Walmart, Best Buy partner to fight counterfeiters on online marketplaces

News | Digital Identity, Security & Online Fraud | 17 Aug 2020

Target, Walmart, and Best Buy have initiated a coalition to fight counterfeiters on online marketplaces such as Amazon and eBay.

Target, Walmart, Best Buy, Coalition, counterfeiters, online marketplaces, Amazon, eBay, Buy Safe America Coalition, retail, third-party sellers, fake goods, fraudulent products, ecommerce, coronavirus, INFORM Consumers Act, scam

First Data to pay almost USD 40 mln to settle FTC charges

News | Digital Identity, Security & Online Fraud | 20 May 2020

Fiserv's First Data Merchant Services has announced it will pay nearly USD 40.3 million to settle US civil charges.

Fiserv, First Data, payments, FTC, charges, merchants, fraud, FTC, trade, credit cards, transactions , scam, risks, criminal prosecution, federal crime, accounts

Cifas data showcases phishing and bitcoin fraud on the rise

News | Digital Identity, Security & Online Fraud | 28 Apr 2020

Cifas, the UK-based fraud prevention association, has highlighted the latest coronavirus-related scams and there has been a rise in scams related to phishing and bitcoin.

CIFAS, fraud prevention, coronavirus, scam, phishing, Bitcoin, fraudster, identity fraud

Easy scams are costing users of Facebook and PayPal millions

News | Digital Identity, Security & Online Fraud | 10 Mar 2020

Vulnerabilities in security systems at Facebook and PayPal have caused a scam that has costed consumers millions of dollars.

Facebook, PayPal, scam, fraud, loophole, bank transfer, fraud prevention, cybersecurity, US, UK, Russia

Lawyer behind OneCoin on trial for scamming crypto aficionados

News | Cryptocurrencies | 07 Nov 2019

The trial against Mark Scott, a US lawyer accused of laundering some of the proceeds from OneCoin, has begun in New York.

Onecoin, scam, cryptocurrency, money laundering, trial, tokens, US

Belgian Finance Authorities issue warning over suspected crypto sites

News | Digital Identity, Security & Online Fraud | 01 Nov 2019

Belgium’s Financial Services and Markets Authority (FSMA) has issued a warning over suspected cryptocurrency scam websites.

cryptocurrency, scam, fraud prevention, online security, Belgium, Bitcoin

Fraudsters hijack Currys PC World's eBay, over 600 customers scammed

News | Digital Identity, Security & Online Fraud | 31 Oct 2019

Fraudsters have hijacked Currys PC World’s eBay account and have stolen thousands of pounds from Currys PC World customers.

Currys PC World, eBay account, fraudsters, scam, fraud prevention, PayPal, merchants, online security

New malware steals crypto wallet addresses

News | Cryptocurrencies | 30 Sep 2019

A new bit of malware called Masad Stealer has been revealed, and it can replace wallet addresses as one types them, thanks to malicious code injected into one’s browser.

malware, cryptocurrency, wallet, fraud, scam, credit card, Monero, Litecoin, ZCash, Dash, Ethereum

USD 556 mln lost by Punjab National Bank to fraudulent buying

News | Digital Identity, Security & Online Fraud | 09 Jul 2019

The Wall Street Journal has revealed that Punjab National Bank had been defrauded USD 556 million from a borrower, Bhushan Power & Steel.

Punjab National Bank, fraud, scam, borrower, banks, the Reserve Bank of India, loan, bankruptcy, accounts, scandal, supply chain, liquidity, credit, fraudulent activity

Bank Of Scotland fined GBP 45.5 mln for fraud

News | Digital Identity, Security & Online Fraud | 04 Jul 2019

The Bank Of Scotland has been fined GBP 45.5 million for failing to report suspicions about a GBP 245 million fraud scandal.

Bank of Scotland, fine, fraud, scam, scandal, FCA, Financial Conduct Association, bank, justice, risks, HBOS, Lloyds Banking Group, loans