Since the emergence of e-Commerce back in the 1990s, digital fraud has been a formidable foe for businesses. Unfortunately, this trend has not shifted, but only grown from strength to strength with every passing year. In a study conducted by Experian, it was found that the losses stemming from “fraudulent identities” grew from 51% in 2017 to 57% in 2019....
Telemarketers face the possibility of being banned by the Federal Trade Commission (FTC) from making use of remotely created checks as well as three other payment transactions. The proposed rule making posted this week by the Federal Trade Commission (FTC), aims at bringing a sweeping ban by stopping the collection of payments through prepaid cards authorization codes, remittances and payment...
