Financial Scams & Security

36+ min ago   (493+ words) Scammers manage to rip people off for an estimated $500 billion per year. That number is a best guess, since so many people who are taken by con artists either don't realize it or are too embarrassed to report the theft....

9+ hour, 5+ min ago   (773+ words) That blind spot is becoming a major concern as fraud schemes grow more connected, automated and difficult to detect. Industry leaders are now pushing for broader intelligence sharing among banks, fintech companies and government agencies in an effort to spot…...

10+ hour, 19+ min ago   (272+ words) ZachXBT Details Scope of Alleged Revolut Data Exposure The alleged disclosure appears to have resulted from Revolut mistakenly treating a fraudulent request purportedly originating from a government authority as a legitimate information demand. The claim has not been independently established…...

1+ hour, 34+ min ago   (311+ words) The report said the exposed information covered highly personal records. These included copies of passports, verification selfies and full transaction histories belonging to some customers. Revolut said the data was released after a fraudster used what appeared to be a…...

3+ hour, 6+ min ago   (451+ words) Millions of SNAP recipients across the United States are receiving new EBT cards equipped with chip and tap technology as states replace older magnetic-stripe-only cards. The transition is designed to reduce risks linked to card skimming and cloning while keeping…...

3+ hour, 31+ min ago   (937+ words) MADISON, Wis.— TruStage is developing a fund that would provide grants—not loans—to credit union members who suffered financial hardship because of its cyberattack, President and CEO Terrance Williams revealed Friday, while acknowledging the company has “fallen down” on…...

14+ hour, 22+ min ago   (167+ words) Sept 12 (Reuters) – British fintech Revolut confirmed that sensitive customer information was disclosed to an ​unauthorized third party after it ‌received fraudulent requests sent from a legitimate government agency email domain, a spokesperson for the company told Reuters on ‌Saturday. Here…...

3+ hour, 34+ min ago   (196+ words) cutoday.info ANNAPOLIS, Md.— The Accredited Standards Committee X9 has launched an industry forum focused on identifying ways to reduce fraud across payment types and networks Participation in the X9 Payment Fraud Forum is open to anyone in financial services, and…...

3+ hour, 49+ min ago   (112+ words) IREN: Horizon 1 Delivery Meets Multi-Market Risks blockchain.news IREN: Horizon 1 Delivery Meets Multi-Market Risks IREN draws scrutiny on Horizon 2-4 execution after +26% week as AI infrastructure expectations, Bitcoin sentiment and rates collide on the ticker. IREN trades on overlapping drivers including…...

3+ hour, 59+ min ago   (263+ words) Dimsum Daily 13th September 2026 – (Hong Kong) Over 700 members of the public have reported suspected unauthorised use of their credit cards to purchase Apple’s newly launched iPhone 18 Pro models, police said. The Electronic Reporting Centre received more than 700 reports between 12 and 13 September…...