The Paypers

MARCH 4, 2024

The UK Government has decided to implement new measures granting law enforcement agencies increased powers over cryptocurrency assets.

Law Enforcement 41

Law Enforcement Laws Cryptocurrency Government 41

PYMNTS

DECEMBER 23, 2019

While law enforcement officials are now probing the matter, County Executive Dan McCoy denies any accusations of payroll fraud or abuse. The analysis found that these spoofed organizations are popping up in the form of fake websites of government procurement service providers in the U.S.,

Law Enforcement 52

Law Enforcement Laws FTC SWIFT 52

Fintech Finance

FEBRUARY 13, 2025

Zelle will continue to lead the way in the fight against scams as a founding member of the Aspen Institute National Task Force for Fraud & Scam Prevention, an effort launched last year to bring together stakeholders across industry, government, and law enforcement to share intelligence and help society stay one step ahead of scammers.

Zelle 86

Zelle Credit Union Scams Small Business 86

The Payments Association

OCTOBER 28, 2024

Collaboration with law enforcement and the Government The report stresses the importance of ongoing collaboration between financial institutions, regulators, and law enforcement.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

Fintech News

APRIL 11, 2024

Khoo, with an extensive background in public service, law enforcement, and national security, joins the company to enhance its efforts in combating fraud and financial crime within digital asset spaces. Blockchain intelligence company TRM Labs announced that it has named Boon Hui Khoo as its senior advisor. Esteban Castaño “Mr.

Advisors 84

Advisors Law Enforcement Laws Financial Crimes 84

PYMNTS

DECEMBER 18, 2020

18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. The rationale for the new regulations, as the government laid out in the Federal Register, is that "U.S. Treasury Department proposed sweeping new rules late Friday (Dec.

Treasury 141

Treasury Rules Bitcoin Ransomware 141

PYMNTS

AUGUST 14, 2020

China’s peer-to-peer (P2P) lending sector, once 6,000 businesses strong, has been reduced to fewer than three dozen as the government tightened regulations, leaving billions in loans unpaid. Regulators and law enforcement will try their best to recoup the money, he told China Central Television Friday (Aug. 14), per the report.

P2P 126

P2P Law Enforcement Audit Non-Bank 126

Fintech News

DECEMBER 18, 2023

However, a small proportion of recent remittances faced freezes by Chinese law enforcement agencies, with unclear reasons behind these actions. While Singapore has no jurisdiction over the frozen beneficiary bank accounts, the government remains in close contact with the PRC government to facilitate the decision on account unfreezing.

Rules 109

Rules Law Enforcement MFA Laws 109

PYMNTS

APRIL 1, 2020

Washington State Governor Jay Inslee signed a bill on Tuesday (March 31) establishing specific rules – backed by Microsoft – governing facial recognition software, according to a blog by Bill Smith, president of Microsoft. In our view, this required a legal floor of responsibility, governed by the rule of law,” Smith said.

Laws 121

Laws Law Enforcement Government Governance 121

PYMNTS

JULY 27, 2020

. $66,800 was swindled from a government entity in New Zealand following a cyberattack at one of its vendors , according to the New Zealand Herald. Reports said the government paid 100,600 New Zealand dollars ($66,800) into that account. Irish law enforcement reportedly arrested two men in connection to the case.

Law Enforcement 101

Law Enforcement Scams Phishing B2B 101

Fintech News

AUGUST 11, 2024

Focusing on four main pillars—Regulation and Development, Supervision and Law Enforcement, Licensing, and Information and Innovation—the roadmap outlines strategic objectives to foster a robust, inclusive, and sustainable IAKD sector.

Finance 117

Finance Law Enforcement Financial Literacy Innovation 117

The Payments Association

FEBRUARY 10, 2025

On 6 November 2024, the government released its guidance to organisations on the offence of failure to prevent fraud , introduced as part of the Economic Crime and Corporate Transparency Act 2023 (ECCTA). For companies operating in the UK, understanding the implications of this legislation is critical.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

PYMNTS

JUNE 25, 2020

The unit will help law enforcement as well, bringing criminal charges when needed, the press release says. We are working hard to disrupt and dismantle these criminal networks, and we applaud the law enforcement authorities who are already part of this fight.

Crime 97

Crime Law Enforcement Laws Authorization 97

Fintech News

MAY 29, 2024

This report outlines mitigation measures for government agencies, financial institutions, and Designated Non-Financial Businesses and Professionals (DNFBPs) to address these risks. Singapore’s law enforcement and supervisory agencies will remain vigilant and implement appropriate measures to mitigate these risks.

Money Laundering 113

Money Laundering Crime Risk Law Enforcement 113

Fintech News

JULY 1, 2024

The evolving global terrorism landscape necessitates regular updates to Singapore’s risk assessments and counter-terrorism strategies given its status as a global financial and business hub Singapore employs a comprehensive, government-wide approach to identify, monitor, and mitigate terrorism financing risks.

Risk Assessment 117

Risk Assessment Assessments Risk Finance 117

Neopay

APRIL 28, 2025

With recent data showing that fraud increased last year by 19%, and that it accounts for more than 40% of all reported crime in England and Wales, the government is acting to prevent and counter these evolving threats and deliver security for the public as a foundation of the Plan for Change. We look forward to working together on this issue.”

Fraud Prevention 52

Fraud Prevention Crime Scams Law Enforcement 52

PYMNTS

APRIL 12, 2020

With governments imposing lockdowns to contain the virus, hackers have been known to pose as banks or other legitimate institutions to try to glean access to people’s private information to use for nefarious means, such as identity theft. Italian law enforcement officials said the country has seen a rise in this kind of activity.

Data Breach 122

Data Breach Breach Identity Theft Law Enforcement 122

Fintech News

JANUARY 7, 2024

Moreover, the DPRK has been continually evolving its money laundering tactics to evade international law enforcement. As US sanctions and enforcement actions targeted their previous go-to obfuscation platforms like Tornado Cash and ChipMixer, North Korea pivoted to another mixer, the BTC service Sinbad.

OFAC 117

OFAC Law Enforcement Money Laundering Cryptocurrency 117

CB Insights

SEPTEMBER 20, 2017

That means that by the time a person reports being drugged with GHB, it’s often too late for law enforcement officials to prove the victim was given the drug. . The US government classifies GHB as a Schedule 1 substance alongside drugs like heroin and LSD, but it is far harder to detect than most narcotics or hallucinogens.

Law Enforcement 45

Law Enforcement Laws Research Legal 45

PYMNTS

DECEMBER 18, 2020

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

Law Enforcement 109

Law Enforcement FBI Scams Crime 109

VISTA InfoSec

JUNE 21, 2023

The Federal Trade Commission (FTC) recommends that companies notify law enforcement as soon as possible by contacting local FBI or U.S. If you need to report another type of cybersecurity incident, you can do so via the National Cyber Security Centre or seek more guidance on the government website. Secret Service offices.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

PYMNTS

SEPTEMBER 11, 2020

As for why it's using the unusual procurement method, the agency wrote in today's release: "The federal government struggles at times with identifying ways to test, purchase and deploy innovative technology solutions. Even the U.S.

IRS 96

IRS Cryptocurrency RFP Law Enforcement 96

Fintech News

JULY 17, 2024

These figures underscore the immense challenge facing regulators and law enforcement agencies in their efforts to curb illicit financial flows in the crypto space. The United Arab Emirates has amended Federal Decree-Law No. (20)

Money Laundering 109

Money Laundering Law Enforcement AML Non-Bank 109

Core

FEBRUARY 6, 2024

As pillars of the public, government organizations contribute to the stability and functionality of society, ensuring citizens receive necessary support, protection, and opportunities for growth. Digital payments are now an integral piece of the government financial landscape. Here are some key insights.

Best Practices 52

Best Practices Government Governance Fraud Prevention 52

PYMNTS

JUNE 12, 2018

Federal authorities including the Department of Justice and the FBI announced Monday (June 11) that law enforcement arrested 74 people in the U.S. Law enforcement also seized close to $2.4 Local and state law enforcement teamed up with the FBI, as did attorneys general offices, to provide assistance.

Email Compromise 60

Email Compromise FBI Compromise Law Enforcement 60

VISTA InfoSec

JULY 17, 2024

Keep your systems updated with global cybersecurity governance standards. Establish protocols for communicating with external parties, such as law enforcement, in multiple languages: Knowing how to quickly share info with authorities in various countries can speed up response times.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

BioCatch

OCTOBER 17, 2024

It has also become detrimental to the prospects of many economies in several ways such as undermining trust in financial systems, increasing costs for businesses and consumers, and draining government and law enforcement resources.

Law Enforcement 59

Law Enforcement Laws Economy Government 59

PYMNTS

MAY 28, 2018

Paytm , the leading digital wallet company in India with more than 230 million customers, has reportedly shared the personal data of users with the Indian government. In response to the report, Paytm said on Friday (May 25) that it did not share user data with law enforcement agencies based on a request.

Government 43

Government Governance Law Enforcement Laws 43

PYMNTS

JANUARY 31, 2021

The Associated Press , however, quoted his lawyer, Kevin Carroll, as having said Kindambu “looks forward to making the necessary restitution to the government and taxpayers.”. “At Even as the government proceeds with cases such as Kindambu’s, the version of the PPP recently approved by lawmakers remains vulnerable to fraud.

Law Enforcement 89

Law Enforcement Payroll Government Governance 89

PYMNTS

JULY 28, 2019

Federal law enforcement is helping in the investigation. The district staff reported this electronic viral attack to local law enforcement, state officials and the FBI. An investigation involving local, state and federal law enforcement is ongoing at this time.”. As a result, Gov.

Law Enforcement 64

Law Enforcement FBI Ransomware Laws 64

PYMNTS

SEPTEMBER 22, 2016

While it’s seen as a way to protect consumers, the report noted it also gives Russia a gateway to build its own “Big Brother” department that could profile user behavior online in Russia, helping law enforcement create psychological profiles and “taste preferences” of people the government is tracking.

Rules 58

Rules Law Enforcement Encryption Laws 58

PYMNTS

MAY 21, 2020

government stimulus program has sought – with urgency – to help keep smaller firms across the country hanging on until reopening becomes feasible. The AGs also wrote that “the presence of large cash transactions places law enforcement, tax regulators, consumers and patients at heightened risk of exposure to the virus.”.

Legal 100

Legal Law Enforcement Laws Government 100

PYMNTS

FEBRUARY 7, 2019

Amazon supports a national legislative framework for the use of facial recognition that “protects civil rights and ensures that governments are transparent in their use” of the technology. One was that facial recognition should follow all laws, and that law enforcement remain transparent with the public about its use.

Law Enforcement 46

Law Enforcement Laws Government Governance 46

VISTA InfoSec

SEPTEMBER 30, 2024

Later onwards the concept of DPO gained prominence due to the advent of data protection regulations, as data collection becomes increasingly digitalized concerns over privacy and security also grew leading government to develop stricter regulations. and PDPA in Singapore that reflects the growing need for privacy specialists in organizations.

CCPA 130

CCPA Privacy Laws Data Breach 130

VISTA InfoSec

OCTOBER 21, 2024

Later onwards the concept of DPO gained prominence due to the advent of data protection regulations, as data collection becomes increasingly digitalized concerns over privacy and security also grew leading government to develop stricter regulations. and PDPA in Singapore that reflects the growing need for privacy specialists in organizations.

CCPA 130

CCPA Privacy Laws Data Breach 130

The Payments Association

OCTOBER 21, 2024

Collaboration between regulators, law enforcement, and the counter-fraud community is needed to ensure the effectiveness of the reimbursement scheme and to mitigate emerging fraud risks. Leadership engagement: The Government has a critical role in preventing re-victimisation. What’s next?

Scams 88

Scams Law Enforcement Crime Fraud Prevention 88

PYMNTS

OCTOBER 22, 2018

The Centers for Medicare and Medicaid Services announced Friday (October 19) that a government portal that insurance agents and brokers use to help customers sign up for healthcare was hacked, with the bad guys getting off with the personal data of 75,000 people. Our number one priority is the safety and security of the Americans we serve.

Enrollments 72

Enrollments Law Enforcement Breach Data Breach 72