16 January 2018 | Analytics | Financial fraud and hacking | News | Payments

According to the report published by ACI Worldwide, a Florida-based payment services provider, the number of fraud attempts during the holiday season of 2017 was 22% up as compared to the similar period a year ago. The report unveils that the fraud increase accompanied the growth in overall transactions performed online in the period from Thanksgiving to the end of 2017, which surged 19% up from the figures recorded in 2016.

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18 December 2017 | Banking techs | Financial fraud and hacking | News

Gemalto, an Amsterdam-based international digital security solutions developer, and Thales, a French developer of electrical systems and services for the aerospace, defence, transportation and security markets, announced the deal, under the terms of which Gemalto will be acquired by Thales for $5.6 billion (4.8 billion euros). The companies agreed to the all-cash terms with Gemalto shares to be sold at a price of €51 per share, including dividends.

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15 December 2017 | Analytics | Articles | Financial fraud and hacking

Have you ever thought of taking revenge on scammers and fraudsters for their tricks with the use of junk emails, false phone calls from the revenue service, letters notifying of unexpected lottery prize, text messages requesting money for a friend or a relative and other types of con games? The idea, as it appears, is not very unique today, as active anti-fraud movements have been in existence for several years so far. They are commonly known as scambaiters.

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4 December 2017 | Cryptocurrency | Financial fraud and hacking | News | Regulatory news

The Cyber Unit of the U.S. Securities Exchange Commission imposed its first charges on the firm dealing with the cryptocurrencies and obtained a court order to freeze its assets on the grounds of the firm’s violation of the anti-fraud regulations. The unit sought to stop the initial coin offering (ICO) launched by PlexCorps and its founder Dominic Lacroix, which resulted in raising $15 million from investors.

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1 December 2017 | Debit cards | Financial fraud and hacking | News | Payments

As globalization process is further gaining momentum with an increasing number of merchants and retailers wishing to expand their business to an international scale, there is a strong demand for accurate information on the fraud rankings assigned to countries, where business owners want to operate. Below is our list of top rated fraud risky destinations around the world.

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