Fraud Prevention

20 Dec 2024

US asks Nvidia to investigate how its chips ended up in China, The Information reports

The U.S. Department of Commerce has recently asked Nvidia to look into how the company’s products ended up in China over the past year, The Information reported on Thursday, citing a person close to the department.

Super Micro to hire new CFO, says independent review finds no evidence of fraud

03 Dec 2024

Super Micro Computer has begun the search for a new finance chief based on recommendations made by a special committee formed to look into the AI server maker’s accounting practices, the company said on Monday.

FinTechTalk: Optimise APIs for sensitive financial data

27 Nov 2024

Secure your APIs, secure your future! Explore FAPI standards & strategies to protect sensitive financial data in the latest #FinTechTalk.

American View: Why Do Users Make Irrational Cyber Risk Decisions?

19 Nov 2024

I teach cybersecurity skills and threats for a living, so it should come as no surprise that I “bring my work home” and inflict my family to lots of cybercrime news that I think is interesting.

FTC sues fintech app Dave over misleading $500 cash advance ads

06 Nov 2024

The U.S. Federal Trade Commission sued financial technology company Dave Inc in Los Angeles on Tuesday, accusing it of luring users to its personal finance app by advertising cash advances of up to $500 that many never receive.

23 Oct 2024

Indian payments firm Paytm's shares jump as nod for new UPI users clears key risk

Shares of Indian fintech firm Paytm jumped nearly 6% on Wednesday after the country’s payments regulator allowed the company to sign new users for digital payments via UPI, which analysts said removed a key regulatory overhang.

American View: How Much Security Awareness Is Too Much?

22 Oct 2024

I opened last week’s column with the declaration “October is Cybersecurity Awareness Month.” In retrospect, I didn’t need to say it. October = CAM has been the norm for over twenty years now.

The burden of reimbursement for app fraud

18 Oct 2024

New powers may enable banks to police fraud effectively and assist them to minimise the reimbursement burden in cases of APP fraud

American View: What Can Fiction Teach Us that Real Security Incidents Can’t?

15 Oct 2024

October is Cybersecurity Awareness Month. As such, American companies are inundating their workers with security training, advice, and entertainment in the hopes of promoting compliance, improving processes, and discouraging unsafe behaviour.

Adobe to offer free app to help with creator attribution amid AI boom

09 Oct 2024

Adobe said on Tuesday it will offer a free web-based app starting next year, aimed at helping the creators of images and videos to get credit for their work used in AI systems.

08 Oct 2024

America View: Sneaky Debate Tricks Are Revealed at the End (Redux)

Much to everyone’s surprise April has been Insider Threat Month here on the American View. I didn’t intend to write four columns in a row on the subject, it just sort of … happened.

FinTechTalk: The future of LendTech in driving successful outcomes

04 Oct 2024

Discover how open banking and automation are transforming lending, boosting efficiency, and enhancing the customer experience in fintech.

US accuses Visa of monopolizing debit card swipes

25 Sep 2024

Visa shares took a hit on Tuesday after the U.S. Department of Justice filed a lawsuit accusing it of violating antitrust law by suppressing competition by threatening merchants with high fees and paying off potential rivals.

Bitfarms reaches agreement with Riot, Freedman appointed to board

24 Sep 2024

Bitcoin miner Bitfarms said on Monday it had entered into a settlement agreement with rival and top shareholder Riot Platforms, under which Amy Freedman was appointed to its board.

Exclusive-Google offered to sell part of ad tech business, not enough for EU publishers, sources say

19 Sep 2024

Alphabet’s Google took a major step this year to end an EU antitrust investigation with an offer to sell its advertising marketplace AdX but European publishers rejected the proposal as insufficient, two people with direct knowledge of the matter said on Wednesday.