Industry News
Fraud Blog posts tagged “Industry News”.
Department of Justice Investigating Visa’s Post-Durbin Amendment Fees
While recently announcing their quarterly profits Visa also disclosed that the U.S. Department of Justice has requested more information…
Nov 2, 2021 · 2 min read Industry NewsDiscover Partners with, now Compatible with Google Wallet
Discover Financial Services recently announced their partnership with Google Wallet allowing cardholders to use their Discover cards within…
Nov 2, 2021 · 2 min read Industry NewsDMV Employee Created and Sold Fraudulent State Licenses
Former New Hampshire Department of Motor Vehicle employee Donna Rockholt was sentenced to eight to twenty-eight years in prison on bribery…
Nov 2, 2021 · 1 min read Industry NewsDwolla Launches Real-Time Bank Transfers, Builds Competitive Alternative to Traditional Payment
Dwolla, an alternative cash based payment network, enables consumers to make retail payments and peer-to-peer transfers over their hybrid…
Nov 2, 2021 · 2 min read Fraud PreventionFBI Charges Creators and Distributor of Gozi Malware
Three sophisticated fraudsters behind the malware Gozi, which infected over one million computers including hundreds at NASA, have been…
Nov 2, 2021 · 2 min read Industry NewsFDIC Warns There are no Safe Harbors for Mobile Payments
In a recent article from the FDIC’s Supervisory Insights publication mobile payments are discussed in terms of understanding and managing…
Nov 2, 2021 · 2 min read Fraud PreventionFinancial Institutions Buy Top-Level Domains to Combat Phishing and Pharming
Major financial institutions have invested millions in new top-level domains that will be exclusive to their brand while financial industry…
Nov 2, 2021 · 2 min read Industry NewsFTC Charges Google, Myspace with Internet Privacy Violations
The Federal Trade Commission has accused the social networking website Myspace of providing user data to third parties without user consent…
Nov 2, 2021 · 2 min read Industry NewsGlobal Growth Expected in Mobile Commerce and Mobile Fraud
A recent survey finds that many consumers want more opportunities to use mobile wallets in-store while online mobile commerce transactions…
Nov 2, 2021 · 2 min read Industry NewsHigh Costs Predicted as UK Prepares to Enforce Cookie Directive
The European Union’s Cookie Directive was adopted by member states in late May of 2011, but allowing up to a year to implement the…
Nov 2, 2021 · 2 min read Industry NewsHouse, Senate Will Hear 3 Online Sales Tax Bills in 2013
In preparation for the upcoming legislative session multiple bills have been drafted that seek to change current tax laws requiring all…
Nov 2, 2021 · 3 min read Industry NewsHow Large of a Problem is Click Fraud?
A recent Forbes headline read “Is Click Fraud A Ticking Time Bomb Under Google?” referencing the billions in revenue Google makes each year…
Nov 2, 2021 · 1 min read