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New Survey Report & White Paper: Attract, Develop and Retain Talent in Payments and Risk

  This joint survey report and white paper from The Fraud Practice and Executive Search firm Greenings focuses on the talent planning needs and concerns of organizations while providing insights around attracting, developing and retaining talent in the payments and fraud space. Download the Free Report

 
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Black Friday and Cyber Monday Online Sales Set Records but Fall Short of High Expectations

Cyber Monday once again set the record for the largest online shopping day in the United States as consumers spent more than $10.8 billion online. Black Friday online sales also topped last year’s with $9.03 billion in online sales, but neither day lived up to the elevated expectations for online holiday spending during the pandemic.

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Banco Santander to Acquire Wirecards’s Technology Assets

Following a series of accounting fraud scandals that resulted in the insolvency of German processor and payments provider Wirecard AG, Banco Santander will be acquiring their payment technology assets for €100 million. The acquisition only includes the assets related to merchant services and payment processing with the approximately 500 employees who manage the assets, who

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The Fed and FinCEN Propose to Lower Reporting Threshold on International Transfers to $250

The Financial Crimes Enforcement Network (FinCEN), along with the Board of Governors of the Federal Reserve, recently proposed new rules related to the Bank Secrecy Act (BSA) and anti-money laundering regulations requiring financial institutions to collect and report information related to international transfers. The proposed changes would lower the threshold requiring when this information is

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Nacha Approves Amendments to Operating Rules Focused on Supporting More Technologies and Handling Unauthorized Payments

Nacha, who enables Automated Clearing House (ACH) payments, has approved eight amendments to their Operating Rules focused on infrastructure around improving Same Day ACH and providing a framework for authorizing consumer ACH payments that can be applied to the growing channels and technologies consumers want to use to make digital payments. Additional new rules pertain

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Refinitiv Acquires GIACT to Build Holistic Fraud, Identity, AML and Cybercrime Solution

Bank account authentication, funds confirmation and KYC provider GIACT will be acquired by Refinitiv, a financial technology and data vendor owned by London Stock Exchange Group. GIACT’s data and technology will complement Refinitiv’s due diligence, risk and compliance services while broadening the company’s digital fraud prevention and identity services. The acquisition of GIACT both strengthens

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Watch our Latest Webinar

You missed our last webinar!  But don’t worry, we are giving you a chance to access it now, to review whenever you want. Click here to create your FREE account to our Online Fraud Training content library. It’s available for members only and we are adding new material every day.  

 
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Press Release: Kevin Sprake Named Managing Partner at The Fraud Practice

Payments and risk industry veteran Kevin Sprake joins The Fraud Practice as the company’s new Managing Partner where he will continue to expand client relationships and advance the online learning and professional certification programs created specifically for the eCommerce payments and fraud prevention industry. See the full Press Release

 
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Who Will be Displaced by Amazon’s New Fraud Detection Service?

Fraud solution providers need to be prepared to competitively position and message against the new Amazon Fraud Detector risk modeling services. Here’s what risk vendors and sales professionals need to know about Amazon’s new risk management service offering and how to prepare for prospects or current clients considering this new service. Read More

 
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