Romance scammers prey on consumers who are looking for love, converting what feels like a budding relationship into an ask…
The operators of a website that compares student loans and other financial products have agreed to settle Federal Trade Commission…
A Latvian payment processor and its former CEO have agreed to settle the Federal Trade Commission’s complaint against them. The…
Mastercard inked an agreement to acquire RiskRecon, a provider of artificial intelligence and data analytics solutions to support companies in protecting their…
The operators of a scheme that conned consumers into paying non-existent debts will be permanently banned from the debt collection…
The University of Phoenix (UOP) and its parent company, Apollo Education Group, will settle for a record $191 million to resolve…
Organized retail crime affects almost all merchants and more than two-thirds of those surveyed have seen an increase in the…
At the request of the Federal Trade Commission and the State of Ohio, a federal court has halted the operations…
The Federal Trade Commission is mailing 79,771 refund checks totaling over $1.8 million to consumers who signed up for “risk-free”…
The American Express 2019 Digital Payments Survey found over two thirds of U.S. merchants (69%) reported that significant amount of…
Fraud losses worldwide reached $27.85 billion in 2018 and are projected to rise to $35.67 billion in five years and $40.63 billion in 10 years according…
Though the exact toll is immeasurable, fraud losses drain about 5% of a typical organization’s annual revenues, estimates the Association…