Fraud PracticeNov 5, 20212 minFederal Reserve to Launch Real-Time Payments System called FedNow by 2024The U.S. Central Bank will embark on its biggest investment in payments since becoming an ACH operator more than forty years ago. FedNow...
Fraud PracticeNov 5, 20211 minKlarna Becomes Largest Private FinTech Company in Europe Following $460 Million Funding RoundKlarna, a payment company offering micro credit for online transactions like PayPal Credit, serves consumers and merchants in Europe and...
Fraud PracticeNov 5, 20211 minNearly Four Thousand Data Breaches, Four Billion Records Compromised in First Half of 2019More than 3,800 data breaches occurred in the first half of this year, a 54 percent increase from the first half of 2018. The number of...
Fraud PracticeNov 5, 20211 minJP Morgan to Discontinue Chase Pay for Mobile Contactless PaymentsUnable to catch up to Apple, Samsung or Google Play, Chase Pay was used by less than 10 percent of Chase cardholders in the last 90 days,...