Tag: Fraud

Four men have been arrested on charges of an invoice fraud scheme that allegedly enabled them to steal $19m from e-commerce giant Amazon.

The Bank of Ireland has been fined €1.66m ($1.95m) by the Central Bank of Ireland for misleading the institution about a security breach back in 2014.

First-party fraud, or “friendly fraud”, is now 50% more common than third-party fraud, according to a report from Fraud.net.

Explorium, a data science solution powered by automated data discovery, has closed its Series B on $31m.

FICO's Siron solution has made a name for itself enabling businesses to combat money laundering and terrorist financing, which is now being used by the International Bank of Azerbaijan (IBA) in a new deal.

Jan Marsalek, former COO of disgraced FinTech Wirecard, is reportedly hiding in Moscow, protected by the Russian secret service.

The Covid-19 lockdown has encouraged scammers to take up their efforts a notch, according to Barclays.

Gen Z has presented FinTechs with plenty of opportunities, but failing to understand important aspects of this group could prevent businesses from capitalising on them.

The collapse of Wirecard has sent shock waves through the FinTech industry, cut customers off from their money and raised some serious questions about the role of regulators.

French tech startup ubble has bagged €10m in seed capital and a partnership with Bpifrance, the investment bank.