The post Security Fatigue Is Costing You Customers: How to Reduce Friction Without Raising Risk appeared first on CSG.| CSG
Canada’s government is to introduce the first cross-government national anti-fraud strategy and set up a new agency to tackle financial crime. The moves – which aim to tackle what is described as ‘an ever-growing threat to the financial wellbeing of Canadians everywhere’ – will form part of the upcoming federal Budget 2025, to be tabled on […]|
On October 10, Europol, in cooperation with police authorities in Estonia, Finland, Latvia and Austria, raided a cybercrime-as-a-service (CaaS) network. During the raid, seven people were arrested who are believed to have swindled millions of euros through the criminal activity. In addition, five servers, 40,000 active SIM cards, four luxury cars, bank accounts and crypto wallets were seized, Europol said. In total, the network is suspected of having created 49 million fake accounts for users...| How evolving regulations are redefining CISO responsibility | CSO Online
Governments and international organizations combat AI fraud through regulation, policy-making, enforcement, and international cooperation.| Help Net Security
In March 2025, the Government announced its intention to abolish the Payment Systems Regulator (PSR). We support this important decision because - while the PSR has laudable objectives to support competition, innovation and the interests of service users - we agree with the Government that that the regulatory environment is too complex; The post Realising the benefits from regulatory reform appeared first on Pay.UK.| Pay.UK
The digital age has brought unprecedented speed and convenience to payments, but with it, a darker shadow: a surge of payment fraud that impacts economies around the world.| Pay.UK
LuxUrban Hotels is facing liquidation, capping off its failed bid to build a boutique empire in New York. The short-term hotel operator’s Chapter 11 case was converted to Chapter 7 last week after federal officials accused company leadership of “gross negligence” and mismanagement, according to Bisnow. The move hands control of the firm to an independent trustee, marking a rare and rapid collapse for a company that once claimed it could compete with hospitality heavyweights like Marri...| Latest New York Real Estate News
A hospice marketer was recently ordered to serve 12 months of home detention and pay $100,000 in fines for their alleged role in a kickback fraud scheme in California. Callie Jean Black, 66, recently faced sentencing in the U.S. District Court of Central California for allegedly recruiting patients for hospice companies in exchange for illegal […] The post Hospice Marketer Sentenced in California Fraud Case appeared first on Hospice News.| Hospice News
The Government of Canada is to introduce the first cross-government national anti-fraud strategy and set up a new agency to tackle financial crime. The moves – which aim to tackle what […]| Global Government Forum
Years ago, I met a friend for lunch. She had been a successful and savvy business owner for years. So, I was... The post Protect Your Small Business From Fraud appeared first on Small Business Currents.| Small Business Currents
Veronica Nannis, principal in the firm’s False Claims Act and Civil Litigation departments, will moderate the session “Litigating False Claims Act Cases” at the Taxpayers Against…| JGL Law
The American Bankers Association this week sent a letter urging the Federal Communications Commission to issue a notice of proposed| ABA Banking Journal
Inaction is not an option. That is the thesis of United We Stand: A National Strategy to Prevent Scams,| ABA Banking Journal
First-party fraud is on the rise. Here's how to detect it and stop it. The post What is first-party fraud detection and how to combat abuse appeared first on Signifyd.| Signifyd
Online merchants have a bigger ability to improve their bank authorization rates than they realize. Here's what to do. The post 5 strategies to increase bank authorization rates for merchants appeared first on Signifyd.| Signifyd
Learn the approval vs. authorization transaction process and why banks decline good orders. Discover core difference and boost revenue today.| Signifyd
Australia has had success in fighting financial fraud by embracing a voluntary system in which banks agree to take steps| ABA Banking Journal
Rep. Ajay Pittman and former Sen. Anastasia Pittman have been accused of faking documents provided during the Oklahoma Ethic Commission’s investigation into campaign finance violations by the northeast Oklahoma City Democrat. A civil suit filed today by the Ethics Commission accuses Ajay Pittman (D-OKC) of submitting a “not genuine” $2,500 cashier’s check to the regulatory […] The post Ethics Commission sues Rep. Ajay Pittman for fraud, alleges Anastasia Pittman faked letter appeare...| NonDoc
As digital technology evolves, businesses face growing pressure to verify identities quickly and securely. eKYC – electronic Know Your Customer – offers a powerful solution that changes how companies confirm identities and fight fraud and financial crime. With more industries going digital, e-KYC improves security while simplifying the customer experience. This article breaks down how […] The post eKYC in action – Transforming identity verification appeared first on Fraud.com.| Fraud.com
Customer identity verification is more crucial than ever, especially in today’s fast-paced digital landscape. Businesses are continuously seeking solutions that not only streamline processes but also enhance security. Cloud KYC is a game-changing approach to identity verification that leverages the power of the cloud to make life easier for both companies and customers alike. Imagine […] The post Enhancing customer verification through cloud KYC appeared first on Fraud.com.| Fraud.com
In an increasingly digital-first economy, traditional Know Your Customer (KYC) processes, rooted in manual documentation, in-person verification, and prolonged approval timelines, are rapidly becoming obsolete. These outdated methods not only frustrate customers but also result in higher operational costs, increased customer drop-off rates, and greater vulnerability to fraud. As customer expectations evolve and regulatory demands […] The post Streamlining onboarding with video KYC appeared ...| Fraud.com
Fraudsters are constantly evolving, but so are the tools to stop them. An effective Anti-Money Laundering (AML) risk assessment is your first line of defense, helping financial institutions, businesses, and compliance teams detect, prevent, and report suspicious activity before it escalates. In this guide, we’ll break down what an AML risk assessment is, how it uncovers fraud, and […] The post AML risk assessment – A complete guide to fighting fraud appeared first on Fraud.com.| Fraud.com
Know Your Customer onboarding is a crucial process for businesses seeking to ensure compliance and protect against fraud. As regulations tighten and cyber threats evolve, companies need efficient, secure methods to verify customer identities while providing a seamless user experience. This article explores how optimizing KYC onboarding can enhance both security and customer satisfaction, helping […] The post Optimizing KYC onboarding for compliance & fraud prevention appeared first on Fraud...| Fraud.com
Digital transformation is reshaping how we handle money and share personal information and the financial world has become both vast and complex. For businesses operating in this space, the challenge of staying ahead of fraud while meeting compliance demands has grown increasingly urgent. Enter Know Your Customer (KYC) regulations, a cornerstone of modern financial security […] The post KYC regulations – Preventing fraud and ensuring compliance appeared first on Fraud.com.| Fraud.com
Financial transactions move across the globe in seconds, and the threat of fraud has never been more significant. Against this backdrop, Anti-Money Laundering (AML) regulations play a vital role in protecting financial systems from the damaging effects of illegal activities. Far from being mere bureaucratic requirements, these regulations are a cornerstone of modern fraud prevention. […] The post AML regulations – The foundation of modern fraud prevention appeared first on Fraud.com.| Fraud.com
In today’s digital-first world, businesses face increasing risks of financial crime, including fraud, money laundering and terrorist financing, and identity theft. As these crimes grow more sophisticated, organizations must adopt robust measures to protect themselves and their customers. One of the most critical tools in this fight is KYC compliance. KYC, or Know Your Customer, is a regulatory and […] The post KYC compliance – The key to effective fraud prevention appeared first on ...| Fraud.com
Money laundering and fraud continue to pose serious threats to the global financial system, enabling illegal activity and undermining economic integrity. As these crimes become more sophisticated, Anti-Money Laundering (AML) software plays a crucial role in detecting and preventing illicit financial flows. This article explores how AML technology uses advanced algorithms, identity verification, and real-time […] The post How AML software combats money laundering and fraud appeared first on ...| Fraud.com
KYC requirements - Guidelines for secure customer onboarding; Discover more about fraud detection and prevention systems.| Fraud.com
Have you ever wondered what happens after you put your credit card information into one of those Toll Road Scam phishing sites? Well, Gary Warner from Intelligence for Good just showed how the scammers are use those card details to drain your bank account without ever touching your wallet. The scam works through an app […]| Frank on Fraud
In his opening remarks at the American Bankers Association Annual Convention — which kicked off today in Charlotte, North Carolina| ABA Banking Journal
Trufresh, Rio Rico, AZ, reports that an unauthorized individual is impersonating its CEO, Rafael Roiz, and Trufresh. The post Fraud Bulletin Trufresh: October 17, 2025 appeared first on Blue Book.| Blue Book
B & M Avocados, LLC reports that an unauthorized individual is impersonating its Managing Member, Javier Barragan, and B & M Avocados, LLC. The post Fraud Bulletin: October 17, 2025 appeared first on Blue Book.| Blue Book
Author: Maël Le Touz and John Wòjcik After uncovering Vigorish Viper in June of 2024, we kept following the DNS trail and have discovered dozens of other actors involved in illegal activities in Southeast Asia. While we spend our days knee-deep in domains related to these threats, there is a rich human story behind […] The post Pig Butchering Scams and Their DNS Trail: Linking Threats to Malicious Compounds appeared first on Infoblox Blog.| Infoblox Blog
The Federal Reserve’s online toolkits on scams and check fraud mitigation expand with more insights and resources to improve fraud awareness and action.| FedPayments Improvement
A Calgary company is warning others after falling victim to a new, online scam using QR codes to defraud victims out of their money.| Global News
In this blog Signifyd reflect on how retailers can ensure their fraud and checkout systems ready with the rise of agentic commerce.| IMRG
Last year, we worked extensively with industry and the Payment Systems Regulator (PSR) to prepare for, implement, and ensure compliance with, the PSR’s authorised push payment (APP) reimbursement policy from 7 October 2024. The post APPR policy continues to deliver positive outcomes appeared first on Pay.UK.| Pay.UK
+++ Update September 2025: Update September 2025: Polish President Signs KSeF Act – Additional Deadline for Micro-Enterprises With the signing of the act introducing the national e-invoicing system (KSeF) on August 27, 2025, the path is now clear for the mandatory use of e-invoicing in Poland. Businesses finally gain planning certainty – including a newly […]| SEEBURGER Blog
Financial institutions could find the early warning signs of attack where cybercriminals organize themselves: on the dark web.| Searchlight Cyber
Some useful pointers for employers in the handling of protected disclosures, courtesy of the EAT’s recent decision in Argence-Lafon -v- Ark Syndicate Management Limited, a sad example of what happens when an employee lets his unshakeable belief in his own rightness cost him his sense of perspective and ultimately his job. As almost always with...... Continue Reading| Employment Law Worldview
LONDON–(BUSINESS WIRE)–Swap, the e-commerce operating system (OS) that consolidates global operations within one platform for e-commerce brands, today announced a strategic partnership with Signifyd, a leader in fraud and abuse prevention. Swap and Signifyd will work together to deliver the most secure cross-border platform on the market. By integrating Signifyd’s Commerce Protection Platform with Swap Global, […]| Merchant Fraud Journal
ALLENTOWN, Pa.–(BUSINESS WIRE)–Most businesses today rely on vendors and suppliers for many reasons – be it to manufacture goods before they’re shipped to customers or to perform certain services that will help the business maintain operations. Regardless, vendors and suppliers are a critical part of the operational flow of businesses. But as Creditsafe’s Battling Vendor Fraud […]| Merchant Fraud Journal
Learn what you need to know about fraud detection accuracy and the hidden costs of inaccurate fraud detection, from lost revenue to poor CX.| Signifyd
Prosecutors have asked that the pretrial release of Abdiwahab Ahmed Mohamud be revoked after he allegedly engaged in witness tampering.| Alpha News MN
Discover why adopting secure, modern payment portals is essential for organizations of all sizes. Learn how advanced risk management protects sensitive data, prevents fraud, and builds lasting trust in today’s digital payments landscape. %| CSG Forte
The video looked real at first, but to Judge Victoria Kolakowski something just seemed off. A witness named Geri Haas appeared to be giving video testimony that could would help a couple win a $8.7 million lawsuit against their property management company. But it just looked weird. The judge watched the video again. The woman […] The post Deepfake Fraud Testimony Caught In Court By Judge appeared first on Frank on Fraud.| Frank on Fraud
A Denver real estate agent avoided becoming the victim of a sophisticated identity theft scheme which tried to capture her image and a video during a concocted Zoom call. The attempt is part of a growing use of artificial intelligence targeting real estate agents and brokerages across the country. The deepfakes are being used in […]| Frank on Fraud
By John Trest, Chief Learning Officer, VIPRE Impostor scams are not a new phenomenon, but they are becoming increasingly sophisticated. With the rise of powerful generative AI, cybercriminals are leveraging these tools to enhance the scale and complexity of their attacks. Let’s delve into the mechanics of impostor scams, the tactics employed by attackers, and strategies... The post Impostor Scams: What You Need to Know appeared first on Inspired eLearning.| Inspired eLearning
by John Trest, Product Solution Analyst, VIPRE Our mobile devices are the command centers of our daily lives. From managing bank accounts and work emails to navigating traffic and streaming entertainment, these devices do far more than make calls. Unfortunately, our deep dependence on mobile technology has also made us prime targets for cybercriminals. This threat... The post SMiShing Threats: How Your Mobile Could Be an Attacker’s Gateway appeared first on Inspired eLearning.| Inspired eLearning
Referencing cases of government fraud in Minnesota, lawmakers are looking to tackle fiscal responsibility and accountability in the upcoming session| InForum
SALT LAKE CITY, Utah – A Belgian national in the United States operated a $5 million Ponzi scheme over the ... Read More The post NEWS RELEASE: Belgian National Sentenced to Prison after Defrauding Investors in a $5M Ponzi Scheme appeared first on blog.commerce.utah.gov.| blog.commerce.utah.gov
[vc_row][vc_column][vc_column_text]Identity verification, the process by which financial institutions confirm your identity, has evolved over the years due to technological advancements, as well as our dependency on and the convenience of digital devices. Traditionally, this verification process depended on in-person interactions with bank staff and the presentation of physical documents, such as passports, driver's licenses and utility bills. However, these documents can be susceptible to fo...| FedPayments Improvement
Find out why new account fraud, which may occur during digital account openings, is a growing threat that can harm financial institutions and their customers.| FedPayments Improvement
“Shady” brokers allegedly continue to facilitate “license flipping” among fraudulent hospices, though new regulations have started bearing down on the| Hospice News
Covid-19 might have passed, but the latest outbreak of titulitis is tearing through Spain. A term used to refer to politicians’ obsession with higher| Foundation for Economic Education
The evidence that Attorney General Letitia James committed fraud was so weak that the U.S. attorney quit rather than prosecute.| The Real Deal
Earlier this year, we announced a new three-year charity partnership with Age UK East London, focused on supporting older adults in the boroughs of Hackney, Newham, and Tower Hamlets.| Pay.UK
The American Bankers Association last week responded to a request for information from the Office of the Comptroller of the| ABA Banking Journal
1. Introduction Today Financial Crime News is publishing a Financial Crime Dashboard (see Annex 1) for Latvia and a summary of the progress made, a week after the new Moneyval report for Latvia was discussed at the joint FATF Moneyval Meeting and is said to be positive. Nevertheless, we will have to wait until Q4 2025 as Latvia is the first country to be assessed under the 6th round of country evaluations so it will go through a full quality check. For the avoidance of any doubt, FCN has not ...| Financial Crime News
Today Financial Crime News is publishing an updated Financial Crime Dashboard on Singapore after spending a few weeks meeting many financial crime leaders in the city state, and just ahead of the FATF assessors coming to town for their 5th round onsite. See: FCN Singapore Dashboard June25Pbd The last full FATF evaluation was published in 2016 with a follow up report in 2019 so a lot has changed since then, both in terms of the threat and the response. See for 2016 & See for 2019: The last FA...| Financial Crime News
The UAE ML/TF Risk Assessment 2024 dropped last week and it’s a very big improvement on those prior NRA extracts reported in 2019 and 2021. The UAE has been through a lot during this period, including being added and then removed from FATF’s Grey List. FCN has reported on the journey the UAE has been on including reporting on improvements made, which suggest where genuine political commitment to make improvements in combatting financial crime and money laundering are real a lot can be ach...| Financial Crime News
Scams made the front cover of the Economist’s Feb 8, 2025 edition titled “Scam Inc”. It claims, “every year US$500bn is stolen in online scams” and now it “rivals the international drugs trade”. The source is an “expert in Chinese organised crime who was a police officer in Hong Kong for 11 years. That puts scamming on a par with the illegal drugs trade as one of the world’s biggest illicit industries”. The source named in the piece is well credentialed but he left the HK ...| Financial Crime News
Etsy is restricting access to community forums over security concerns, but will it shield the company from public scrutiny too?| Value Added Resource
Citron Research report says Etsy is the largest organized clearing house for counterfeit goods in the world.| Value Added Resource
Kyle Ramstetter admitted to helping facilitate a kickback scheme. Then prosecutors dropped the case. Then he made a call.| BusinessDen
Fraud has been top of mind since feeding our future surfaced, but the push renewed this week in several efforts from lawmakers, Gov. Tim Walz.| Cloquet Pine Journal
Acting U.S. Attorney Joe Thompson announced charges for eight individuals who are accused of fraudulently billing the state’s 2020 Medicaid program.| Cloquet Pine Journal
Discover the key machine learning fraud prevention benefits.| Signifyd
Acting U.S. Attorney Joe Thompson announced charges for eight individuals who are accused of fraudulently billing the state’s 2020 Medicaid program.| Wadena Pioneer Journal
Blue Book received a report from a shipper fraud victim involving an individual who falsely claimed to represent a hospital| Blue Book
SAS Innovate on Tour México fue simplemente extraordinario.| SAS Latin America
Fred Heiding spends his time at Harvard researching how criminals exploit technology but even he was surprised at how easily he was able to create convincing phishing emails using tech from the biggest AI companies in the world. Six AI chatbots, including those from OpenAI, Meta, and Google, generated phishing emails so convincing, that 12 […]| Frank on Fraud
The USDA AMS's PACA Division has recently received a significant increase in allegations of fraudulent activity.| Blue Book
The biotechnology firm revealed new allegations of research misconduct in Marc Tessier-Lavigne’s lab and disclosed more potential image alterations while saying that its potentially “incomplete” findings did not prove fraud in a contested 2009 study.| The Stanford Daily
With limited resources, how should the UK prioritise different types and targets of tax enforcement?| TaxWatch
This is a free Notes on the Crises article. A reminder to readers that the various activities run out of the still-new Notes on the Crises office cost money, while an enormous amount of time and effort goes into my writing and my constant dedication to refresh and deepen my| Notes on the Crises
From velocity checks and rate limits to more advanced tools, this article provides actionable strategies you can implement to keep card testers at bay.| Chargebacks911
By Anna Jordan on Information Age - Insight and Analysis for the CTO The new Failure to Prevent Fraud offence is now in effect. Find out what you need to do so that you don't get caught out The post Failure to Prevent Fraud offence and what you need to do now appeared first on Information Age.| Information Age
-Sofia Dash & Ahan Gadkari Introduction The recent Criminal Procedure (Identification) Act, 2022 (“CP Act”) has spurred nationwide debates amongst human rights activists and the government officials. The CP Act, which aimed at replacing the archaic Identification of Prisoners Act, 1920,permits law enforcement officers to collect identifiable information of all convicts, arrested persons, and detainees, … Continue reading A Not So ‘Fair’ & Lovely Criminal System| The Criminal Law Blog
–By Shreyas Sinha Introduction The Latin term ‘mens rea’ refers to the mental element of a criminal act, i.e., a legally-determined state of mind required to convict an individual of a criminal offence. A person can be said to possess the requisite mens rea vis-à-vis a criminal offence when – (1) they are aware that … Continue reading The Mens Rea of Fraud: Lessons from the Great White North| The Criminal Law Blog
Avis Capital Limited is one of the largest companies in the UK. It says it was spun out from Avis (the car hire company), is FCA-regulated and has £58bn of net assets. It promises investors a 31% return. But all of this is a lie. Avis Capital’s accounts are a work of fiction. It’s completely […]| Tax Policy Associates Ltd
The EPA’s Office of Inspector General found continued lack of enforcement of the EPA wood heater regulations, more than a year after its first major investigative report found similar issues. Unlike that in-depth report, this new report cites very specific details of instances where manufacturers and labs have violated EPA regulations. It found that even when the EPA knew of significant violations, it did not take action to correct the problem. | Heated Up!
Since launching in 2020, Confirmation of Payee has transformed the way people in the UK make payments, offering a vital layer of protection against misdirected payments and fraud.| Pay.UK
AARP Minnesota advocates at the state, federal, and local levels to improve consumer protections and enforce laws. If you've been targeted by scams or fraud, you are not alone.| Minnesota
Minnesotans who have been defrauded now have a stronger path to financial recovery, thanks to a groundbreaking bipartisan law championed by AARP Minnesota. In 2025, the state enacted the Consumer Fraud Restitution Fund, the first of its kind in the nation, with overwhelming support from both sides of the aisle.| Sahan Journal
In a 2016 interview with Fraud Magazine, former Enron CFO Andrew Fastow explained what he thought made him so successful while at the former energy corporation that’s now infamous for financial scandal. “I think my ability to do structured financing, to finance things off-balance sheet and to find ways| Powering the Planet
The Financial Crimes Enforcement Network and U.S. banking agencies today released guidance for financial institutions on how to share financial| ABA Banking Journal
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
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
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
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
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
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
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 ®
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
