Fake fundraising or phony customer service tricks people into handing over money or account details, Yinglian Xie of Datavisor writes.

As contactless payments skyrocket, the chance for fraud gets larger, says ClearSales's Rafael Lourenco.

The purchase is one of several moves the payment company has made to improve its identity expertise.

The San Francisco-based technology provider raised $70 million in a Series C round this week, bringing its total funding to $114 million.

While the eventual emergence from lockdown will help ease the pressure on overworked compliance departments, there is still an obvious need for tools that will make the anti-money laundering process simpler and stress-free, says SmartSearch's Martin Cheek.

Data from Sift and the FBI show how methods scammers adapted during the pandemic.

Malaysia’s 1MDB and a former unit have filed suits against firms including JPMorgan Chase and Deutsche Bank as the nation seeks to recover assets worth more than $23 billion linked to the scandal-plagued state-owned investment fund.

Less than two years after shutting down its biggest business amid fraud allegations, the Michigan company has sold branches, settled a shareholder lawsuit and returned to profitability under turnaround specialist Thomas O’Brien.

Magecart attacks, which target e-commerce websites in order to steal personal data during the checkout process, are picking up steam with cyber attackers, says PermeterX's Ameet Naik.

The FDIC issued a prohibition order against Mark Wong, who was ordered to pay nearly $220,000 in restitution as part of a guilty plea in January.