The Financial Crimes Enforcement Network and U.S. banking agencies today released guidance for financial institutions on how to share financial| ABA Banking Journal
You saw the title, so you already know that this is about to be good ‘n crazy (and it absolutely is). Before we get into everything, though (le sigh), let me just say that I will be the first one to quote the Scripture, “It rains on the just and the unjust.” (Matthew 5:44-46). It’s a wise verse to keep in mind whenever challenging things head your way because…just like wintertime comes to some parts of the world while others are experiencing the summer season, a similar point applie...| xoNecole
Machine learning fraud protection brings advantages over rules-based fraud protection by eliminating the need to constantly manage rules in the face of changing ecommerce fraud schemes. The post Rules-based vs. machine learning in fraud protection appeared first on Signifyd.| Signifyd
Hyatt’s China joint venture was selling phantom stays so that guests could earn Globalist status, confirm upgrades to suites, get free breakfsat and guarantee late checkout. Hyatt blamed the customers and nuked their accounts. Now Chinese courts have gotten involved. Continue reading Customers Sue After Hyatt Bans Accounts For Buying Fake Hotel Nights As Shortcut To Elite Status...| View from the Wing
Another day, another glitch. Target has reportedly fired hundreds of employees at a distribution center in Chicago after an internal investigation revealed that workers had exploited a glitch in the company’s healthcare loan program. The fraud apparently cost Target about $1.3 million according to reports. Employees Took Advantage Of “Glitch” In Targets Medical Loan Benefit […]| Frank on Fraud
The Commodity Futures Trading Commission (CFTC) is to boost its market surveillance and fraud detection capabilities across traditional and digital asset classes by using surveillance technology supplied by Nasdaq, the Washington DC-headquartered regulator has today announced. The CFTC oversees a broad spectrum of derivatives markets, including fixed-income, commodities and currencies, and event-based markets. The Digital […]|
White collar crime enforcement has always been a priority for federal prosecutors. Still, recent Department of Justice updates signal that 2025 will bring heightened scrutiny and sharper tools for corporate and individual accountability. If you are facing investigation or charges, understanding these priorities is critical. At Griffin Law Office, APC, our San Diego criminal defense […] The post The DOJ’s Top Priorities in White Collar Crime: Key Takeaway appeared first on Griffin Law Offi...| Griffin Law Office, APC
Plus, The Atmos Visa Infinite Launches, SavorOne Changes, and the OnePay Card| CardsFTW
A TERS fraudster has been fined the same amount they stole through fraudulent applications for relief.| Hypertext
[SAS 실시간 제재 스크리닝 도입사례 - Orange Bank] - Orange Bank, SAS의 고급 분석 및 실시간 제재 스크리닝 솔루션 도입 후 리스크 대응 민첩성 및 효율성 향상 - 오탐률 감소, 성능 개선, 운영 효율성 강화 디지털 금융의 선두주자 Orange Bank는 금융 범죄 및 테러 자금 조달(CFT)에 대한 대응 역량을 강화하고, 규제 변화에 민첩하게 대응하기 위해 SAS의 클라우드 기반 실시간 제재 스크...| SAS Korea Blog
Liminal members enjoy the exclusive benefit of receiving daily morning briefs directly in their inboxes, ensuring they stay ahead of the curve with the latest industry developments for a significant competitive advantage. Looking for product or company-specific news? Log in or sign-up to Link for more detailed news and developments. Here are the main industry […] The post This Week in Identity appeared first on Liminal.co.| Liminal.co
Stay updated with Digital Identity News on July 18, 2025, featuring AI innovations, mobile IDs, cybersecurity updates, and the latest industry highlights.| Liminal.co
Hear about the evolving fraud landscape, the Federal Reserve's payment security initiatives, as well as tools and resources in this on-demand webinar.| FedPayments Improvement
A look at some of the people and data behind the program state officials want to shutter amid fraud probe by the FBI.| Cloquet Pine Journal
Northern Myanmar’s notorious cyber fraud syndicates — long associated with telecom swindles, kidnappings, and extortion — have found an unlikely new hook: fine wine investment.| Vino Joy News
Chargebacks911 How to Prevent Bank Fraud Tips & Best Practices to Help You Prevent Bank Fraud Before it Happens As they say, “the best defense is a good offense.” Instead of waiting for fraudsters to strike, you need to be proactive. Read More This post How to Prevent Bank Fraud appeared first on Chargebacks911| Chargebacks911
Chargebacks911 Responding to Bank Fraud A Step-by-Step Guide to Responding to Bank Fraud Incidents No matter how robust your defenses are, there’s always a chance that a determined fraudster — or even an organized fraud ring — will find a way through. Read More This post Responding to Bank Fraud appeared first on Chargebacks911| Chargebacks911
Chargebacks911 How to Identify Bank Fraud Important Indicators That Will Help You Identify Bank Fraud Verifying the party on the other end of a digital transaction is tricky for a lot of different reasons. Not least because you can’t physically see or interact with the other person. Read More This post How to Identify Bank Fraud appeared first on Chargebacks911| Chargebacks911
Chargebacks911 Bank Fraud Examples Examples of Bank Fraud That Help Illustrate the Scale of the Threat Bank fraud can sometimes feel like a hypothetical or an abstract threat. But for the businesses that have been targeted, the consequences are all too real. Read More This post Bank Fraud Examples appeared first on Chargebacks911| Chargebacks911
Chargebacks911 How to Prevent Return Fraud Our Tops Tips to Prevent Return Fraud Attacks Although detection is a useful defensive maneuver, you can’t stop return fraudsters by looking for red flags alone. Instead, you’ll have to actively invest in smart technology, Read More This post How to Prevent Return Fraud appeared first on Chargebacks911| Chargebacks911
Chargebacks911 How to Identify Return Fraud How to Identify Return Fraud: Tips & Best Practices to Protect Your Business Most return requests you receive will be legitimate. So, it can be easy to simply miss the fraudulent ones, let alone distinguish them from the real deal. Read More This post How to Identify Return Fraud appeared first on Chargebacks911| Chargebacks911
Chargebacks911 Return Fraud Examples Return Fraud Examples: Real High-Profile Cases to Help Illustrate the Problem Tactics and statistics tell part of the story, but things probably still feel a bit abstract. So, what does return fraud actually look like on a day-to-day basis? Read More This post Return Fraud Examples appeared first on Chargebacks911| Chargebacks911
Chargebacks911 AVS Implementation A Merchant’s Guide to Integrating AVS at Checkout You might assume that implementing AVS involves tons of technical headaches. But, it’s often as simple as flipping a switch in your payment gateway settings. Whether you’re a small-scale seller or an enterprise-level eCommerce merchant, Read More This post AVS Implementation appeared first on Chargebacks911| Chargebacks911
Chargebacks911 Bank Fraud Statistics & Financial Impact Bank Fraud Stats Showing the True Impact of Financial Crime Bank fraudsters inflict staggering financial damage across the financial sector. According to Alloy’s 2024 State of Fraud Benchmark Report, 57% of financial institutions lost more than $500,000 to fraud in 2023. Read More This post Bank Fraud Statistics & Financial Impact appeared first on Chargebacks911| Chargebacks911
Can using AVS help you dodge liability for invalid chargebacks? Is evidence that you tried to prevent fraud a good enough defense for representment?| Chargebacks911
Lenovo is the latest high-profile brand to have a security flaw exposed in its AI customer service chatbot. Indeed, Security Researchers at Cybernews opened up Lenovo’s ChatGPT-powered customer service assistant, Lena, with jaw-dropping results. Its investigation found that Lena can be tricked into providing sensitive company information and data. Cybernews researchers were able to uncover a flaw […]| CX Today
A new report from NPR publishes a letter from The Hartford describing data they gave to Dan Ariely as having been fraudulently manipulated in a paper based on that data.| Neuromarketing
Sean Kingston has been sentenced to three-and-a-half years in prison. The singer’s sentence comes five months after he and his mother were convicted of five criminal counts, including wire fraud and conspiracy to commit wire fraud. CBS News reports that it was in connection with a $1 million fraud scheme in which Kingston used his celebrity status to obtain high-end goods from sellers that he did not pay. In addition to prison time, he was also sentenced to three years of supervised release...| Okayplayer
Common tactics in phishing and scams in 2025: learn about the use of AI and deepfakes, phishing via Telegram, Google Translate and Blob URLs, biometric data theft, and more.| Securelist
In the face of high lending fraud rates, Brad Parker urges credit unions to take advantage of the opportunities that lie in private party lending through solutions that offer enhanced cybersecurity and a better member experience.| CUSO Magazine ®
Técnicas comunes de phishing y estafas en 2025: uso de IA y deepfakes, phishing vía Telegram, Google Translate y URL de blobs, robo de datos biométricos, etc.| Securelist
Spotting ecommerce serial returners increases online revenue.| Signifyd
If you’ve been impacted by a scam, you’re not alone. Learn 7 clear steps to secure your accounts, report the scam, and begin your recovery.| Trend Micro News
In 2023, the IRS flagged over 1million tax returns as fraudulent. As tax seasons rolls around, here are tips to protect yourself: Beware of Phishing Scammers may impersonate the IRS and send fake phishing emails to trick consumers into revealing sensitive personal information like Social Security numbers or bank account details. The IRS will never […] The post Tax Season is High Risk appeared first on ScoreSense.| ScoreSense
A Southwest Georgia man was convicted in federal court this week of wire fraud resulting from a pandemic fraud scheme involving family members. Tyreek Brown, 28, of Pelham faces a maximum of 30 years in prison to be followed by five years of supervised release and a $1 million fine. He will be sentenced at […]| The Georgia Sun
HK and Shenzhen authorities have arrested a total of 12 people in a joint operation targeting the manufacturing and sale of suspected fake concert tickets.| Hong Kong Free Press HKFP
Did you miss the Fraudology Live event with Karisse Hendrick where we went behind the scenes with Apate.AI? Check out the full webinar where we dig into how the AI bots work and how they are able to collect valuable information on scams directly from the scammers in realtime.| Frank on Fraud
A Latino voting rights group is calling for a federal investigation after Texas authorities searched the homes of its volunteers last week and seized phones and computers.| AP News
The Justice Department is escalating efforts to scrutinize perceived adversaries of President Donald Trump with investigations into New York Attorney General Letitia James and U.S.| AP News
The Consumer Financial Protection Bureau is dropping its lawsuit against the company that runs the Zelle payment platform and three U.S. banks as federal agencies continue to pull back on previous enforcement actions now that President Donald Trump is back in office.| AP News
By John C. Asbury John C. Asbury is chair of ABA and CEO of Atlantic Union Bank in Richmond, Virginia.More| ABA Banking Journal
Follow us on Bluesky, Twitter (X) and Facebook at @Hackread| Hackread - Latest Cybersecurity, Hacking News, Tech, AI & Crypto
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Selfie spoofing entails taking a picture of an image from a screen, from a piece of paper or even of a headshot on an identity document.| Help Net Security
There has been a 44% increase in organized ID fraud in North America. This upsurge is believed to be driven by the ongoing economic recovery.| Help Net Security
There have been many scandals amongst the stars of the Real Housewives, but why do so many commit fraud despite being in the public eye?| The Culture Sift
Businesses reported a growth in synthetic identity fraud, while biometric spoofs and counterfeit ID fraud attempts also increased.| Help Net Security
Utahns report staggering $32 million in construction fraud losses over last three years. SALT LAKE CITY—The Utah Department of Commerce ... Read More The post NEWS RELEASE: Utah Forms Task Force to Combat Residential Construction Fraud appeared first on blog.commerce.utah.gov.| blog.commerce.utah.gov
Newly released toolkits on scams and check fraud mitigation support education and increase awareness, enabling the payments industry to better identify and fight these prevalent forms of fraud.| FedPayments Improvement
Mark Finchem, a GOP candidate for secretary of state in Arizona, is calling on state lawmakers to “decertify” the 2020 election results due to the discovery of a massive number of “ghost,” or phony…| Political Vel Craft
UK ministers have praised five of the UK’s Overseas Territories for searchable registers revealing who really owns companies there. TaxWatch set out to see how these registers are working on the ground. One of the five registers, which ministers told Parliament was “fully public” and had been...| TaxWatch
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Preventing phishing scams requires a comprehensive approach. You’ll need to layer together fraud awareness training, technology, and secure internal policies.| Chargebacks911
By Ellie-Rose Davies, Content Executive at IMRG The customer experience remains a crucial focus, with IMRG research showing that retailers… The post Improving the customer experience from the checkout and beyond appeared first on IMRG.| IMRG
By Hemang Nathwani, CEO and Co-Founder of Price Trakker In the highly competitive world of online retail, a missed competitor… The post How Missed Price Moves Impact Online Retail Conversion appeared first on IMRG.| IMRG
By Ellie-Rose Davies, Content Executive at IMRG H1 online retail performance Total market data The total online market had some… The post Ecommerce H1 Review 2025: Key learnings and expectations for H2 appeared first on IMRG.| IMRG
In this blog Melissa explores how retailers can undertake effective ID verification amid rising eCommerce fraud.| IMRG
As global payments become faster and more complex, ensuring security and trust has never been more important. The post Pay.UK discusses how Confirmation of Payee is shaping payments in Australia appeared first on Pay.UK.| Pay.UK
As Europe moves toward the Single Euro Payments Area (SEPA)-wide implementation of Verification of Payee (VoP) by October 2025, payment service providers (PSPs), payment system operators (PSOs), and financial institutions across the region are looking to Pay.UK’s experience with its implementation of Confirmation of Payee in the UK, for guidance.| Pay.UK
The Financial Crimes Enforcement Network today issued a notice urging financial institutions to be vigilant in identifying and reporting suspicious| ABA Banking Journal
In this ransomware scam, scammers are tricking users by introducing them to a cryptocurrency called "SpriteCoin" that does not exist.| Hackread - Latest Cybersecurity, Hacking News, Tech, AI & Crypto
I guess many readers will have had peer reviews where the reviewer doesn't appear to have understood, or even properly read, the paper they...| deevybee.blogspot.com
Agentic commerce is evolving quickly. Merchants will find plenty of potential and some challenges in the new era. The post What is agentic commerce and how do retailers prepare? appeared first on Signifyd.| Signifyd
Join Olivier Beaudet-Labrecque as he shares encounters with cybercriminals in West Africa and reveals the socio-economic forces behind scams. The post Meeting Fraudsters: A Researcher’s Journey Into One Corner of the Scam Landscape appeared first on Trend Micro News.| Trend Micro News
Join Trend Micro's Marike Kuyper and Ryan Flores to discover how AI is used in scams and learn defenses against deepfakes. The post AI Powered Scams: What a Threat Researcher Wants You to Know appeared first on Trend Micro News.| Trend Micro News
Another insane Tik Tok fraud case hit New York City this month. This time it’s called the SYEP Method and very sadly, it targeted kids working for the New York Summer Youth Employment Program. These are some of the poorest kids in the city. The scheme closely follows the pattern of two other major fraud […] The post New Viral ATM Fraud Glitch Targeted Kids In New York appeared first on Frank on Fraud.| Frank on Fraud
When the text message first popped up on his phone he could not believe it. It looked like something out of Squid Game. There it was, his car with his real license plate, parked in front of a local strip club. The message that accompanied the photo was even more ominous. “Hello, I want to […]| Frank on Fraud
AARP Maryland Urges Governor Moore to Veto HB1294: Bill Opens Door to Predatory Lending Practices Against Low-Wage and Older Workers| Maryland
Liminal members enjoy the exclusive benefit of receiving daily morning briefs directly in their inboxes, ensuring they stay ahead of the curve with the latest industry developments for a significant competitive advantage. Looking for product or company-specific news? Log in or sign-up to Link for more detailed news and developments. Here are the main industry […] The post This Week in Identity appeared first on Liminal.co.| Liminal.co
The model’s expanding global adoption represents progress in building a more fraud-aware, resilient and connected payments ecosystem.| FedPayments Improvement
Fighting check fraud will require greater collaboration and cooperation between federal, state and local agencies alongside private sector stakeholders such| ABA Banking Journal
In rural southeastern New Mexico, bank CEO and varsity bowling coach Ken Clayton often takes his team on 500-mile one-day| ABA Banking Journal
Many of the most common gift card fraud scams involve some form of impersonation or deception — government officials and tech support staff are common roles.| Chargebacks911
Politicians in the US (at least on one side of the aisle) love to talk about “waste, fraud, and abuse”. How big is it? Google AI tells us: Estimates of the financial impact of waste, fraud, and abu…| Norman Marks on Governance, Risk Management, and Internal Audit
President Trump – WHAT ARE YOU WAITING FOR? – Reject the amendments before the July 19, 2025 deadline. James Roguski Jul 13, 2025 Israeli Health Minister Uriel Bosso announced that Isra…| Justice-4-Poland.com
French MEP Fabrice Leggeri delivers a blistering speech in the European Parliament, accusing European Commission President Ursula von der Leyen of a €35 billion vaccine deal negotiated via SMS — wi…| Justice-4-Poland.com
Australians have lost $150 million to scammers so far this year, and at least one bank is fighting back in a very unusual way. They’re using AI in a very big way. An Army Of 10,000 AI Bots Take On Scammers In Realtime Commonwealth Bank is deploying an army of fake AI bots to waste […]| Frank on Fraud
Stay updated with Digital Identity News on June 13, 2025, featuring AI innovations, mobile IDs, cybersecurity updates, and the latest industry highlights.| Liminal.co
Three women associated with Houston-based United Hospice & Palliative Care (UPHC) have been charged with Medicaid and Medicare fraud after allegedly| Hospice News
While influencer fraud is frequently framed as a financial issue, its consequences run deeper, affecting the entire ecosystem.| AdMonsters
Here’s a closer look at the financial impact of account takeover fraud and how this type of fraud harms merchants, banks, and cardholders.| Chargebacks911
By Rhoda Wilson on June 16, 2025 Dr. Vernon Coleman argues that vaccination is promoted by those with a vested interest, including doctors, nurses and politicians, while those who oppose it do so o…| Justice-4-Poland.com
Learn how RMIS is designed to help brokers protect their operations from rising fraud and cargo theft in freight.| Truckstop
The importance of strong internal controls cannot be overstated. They form the foundation for financial integrity, operational efficiency, regulatory compliance, and, ultimately, long-term business success. This article explores how strong internal controls not only safeguard against fraud but also serve as a catalyst for business growth and sustainability.| QuickRead | News for the Financial Consulting Professional
Our Confirmation of Payee service is an industry-wide initiative that looks to safeguard against misdirected payments and combat fraud.| Pay.UK
Financial scams often contain grammatical errors, omit certain necessary details and include requests that just don’t make sense.| Sunrise Banks
Online Scams and Young people: What Parents Need to Know, and advice and useful resources to help support your child.| Webwise.ie
The AI game has changed completely. Meet Super-AI, a Telegram Bot channel that has over 81,000 members that are using artificial intelligence as a fraud factory. Super-AI represents a whole new approach to serving scammers on Telegram – providing artificial intelligence from Claude and OpenAI for free in an easy to use bot. From generating […] The post How Super-AI Has Become Scammers ChatGPT appeared first on Frank on Fraud.| Frank on Fraud
Somewhere in Hanoi, hundreds of smartphones line metal shelves, each blinking as they change screens hundreds of times a minute. Large fans keep the room cool to prevent the devices from overheating. Each phone runs automatically, liking social media posts, following accounts, watching videos and operating relentless bots on a mission. Your watching a phone-farm […] The post Inside Vietnamese Phone Farms Where Fakery Is Made appeared first on Frank on Fraud.| Frank on Fraud
We’ve all heard the scary predictions about how AI is going to dominate the “Romance scam” world.” says Gary Warner of Dark Tower, “If you have been rolling your eyes about that, stop.” Gary posted this warning early last week. It proved to very timely. A study released just days later by OpenAI confirms his […]| Frank on Fraud
Older adults diagnosed with dementia lose their ability to assess how well they manage their finance| Aged Care Insite
Fraudulent operators in the hospice space have misspent millions of Medicare dollars in recent years. This problem has become so severe that it has become| Hospice News
“Shady” brokers allegedly continue to facilitate “license flipping” among fraudulent hospices, though new regulations have started bearing down on the| Hospice News
은행업계의 미래는 지금보다 지능화되겠지만 위험도는 더 높아질 것이라는 연구결과가 발표되어 업계의 이목을 끌고 있습니다. SAS의 후원을 받아 이코노미스트 임팩트(Economist Impact)가 진행한 새로운 연구에서는 은행업계가 직면해 있는 선택지와 앞으로 나아갈 방향을 짚어보고, '디지털 인텔리전스 시대'를 선도하기 위한 5가지 필수 요소를 제시합니다. 전 세계 금융 기관...| SAS Korea Blog
Reading Time: 4minutesRecently, the Indonesian startup world was shocked by allegations of financial reporting fraud involving eFishery, a unicorn startup in the aquaculture sector. Reports indicate that the company allegedly manipulated 75% of its total sales figures. This scandal raises serious concerns about corporate governance and financial integrity in the rapidly growing technology sector. Before the eFishery […] The post The eFishery scandal: financial reporting fraud and whistleblo...| Integrity Indonesia
Fraud and scams — including check fraud — continue to be a growing concern. To source the best ideas on how to combat them, the Federal Reserve Board of Governors, the Federal Deposit Insurance Corp. (FDIC) and Office of the Comptroller of the Currency (OCC) are seeking input on potential actions to help mitigate risk of payments and check fraud. Comments must be received within 90 days after the request for comment notice is published in the Federal Register. In its role as a payment sys...| FedPayments Improvement
One year in, user feedback shows the ScamClassifier(SM) model is a powerful tool for fraud prevention across the payments ecosystem, driving targeted detection, better internal education and smarter scam response.| FedPayments Improvement
A monetization mechanism of cybercriminal operations involving backdoored off-brand mobile and CTV Android devices has been disrupted.| Help Net Security
Ontario's Capital Markets Tribunal ordered over $27 million in monetary sanctions — disgorgement, penalties and costs.| Investment Executive
eKYC in action - Transforming identity verification; Discover more about fraud detection and prevention systems.| Fraud.com
