DWS Executive Warns of ‘Nightmare’ Result as ESG Rules Revamped
As Europe embarks on a wholesale review of the world’s biggest ESG investing rulebook, an executive at Deutsche
2023-10-10 13:27
xQc shocked after streamer ohnePixel receives cases and capsules worth $118K in CS:GO trade offer, trolls dub it 'money laundering'
What are cases and capsules in CS:GO? Keep reading to delve deeper in the trade offer worth $118k
2023-07-04 19:22
Mastercard helping banks predict scams before money leaves customers’ accounts
Mastercard says it is helping banks to stop payment scams in their tracks, before funds leave a victim’s account. The payments provider said that in partnership with UK banks including Lloyds Bank, Halifax, Bank of Scotland, NatWest, Monzo and TSB, it is using payments data to help identify payment scams. Mastercard’s new tool helps banks to get an instant rating that shows the risk of a payment being made to a fraudulent account. This is based on factors such as account activity and the relationship between the payer and payee. Ajay Bhalla, president of cyber and intelligence at Mastercard, said: “We are helping banks identify and predict which payments are being made to fraudsters and stop them in real-time.” Spotting fraudulent payments among millions made every day is like finding a needle in a haystack Paul Davis, TSB Over four months, TSB said that Mastercard’s tool has increased its fraud detection. Paul Davis, director of fraud prevention at TSB, said: “Spotting fraudulent payments among millions made every day is like finding a needle in a haystack, with scams becoming ever more complex – so prevention and monitoring tools are key. “Our partnership with Mastercard is providing the intelligence needed to identify fraudulent accounts and prevent payments ever reaching them.” The Financial Ombudsman Service recently said it is seeing a higher proportion of complex scam complaints, with some involving investments or cryptocurrency. It is seeing increasing numbers of complaints which contain the features of more than one scam. For example, someone may be duped by a romance scammer who then persuades them to invest in cryptocurrency schemes which do not exist. Or someone may attempt to pay for goods which do not exist and then receive a phone call from a scammer impersonating their bank who persuades them to make multiple payments by claiming their payment attempts have been unsuccessful. Many banks are currently signed up to a voluntary reimbursement code in cases where blameless scam victims transfer money to a fraudster, but there have been concerns about this not always being applied consistently. TSB has its own fraud refund guarantee. Plans are under way to make reimbursement mandatory. The Payment Systems Regulator (PSR) has said new rules compelling banks to reimburse scam victims who have been tricked into paying fraudsters will come into force next year. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Art historian helps build new Assassin’s Creed game after son’s suggestion Twitter to stop TweetDeck access for unverified users Broadband customers plagued by issues despite inflation-busting price hikes
2023-07-06 07:45
'Today’ fans slam Savannah Guthrie on her major gig with Allrecipes: 'Never been in the kitchen'
After ‘Today’ Savannah Guthrie announced her appearance on the cover of Allrecipes magazine, a surprising storm of backlash erupted on social media
2023-08-06 14:21
Top Green Politician Can’t Make Germany Meet Climate Aim
Even with one of the world’s most powerful green politicians in charge, Germany is failing on almost all
2023-10-25 12:46
Nucleai Expands Leadership Team and Scientific Advisory Board with Pharmaceutical Industry Experts
TEL AVIV, Israel--(BUSINESS WIRE)--May 24, 2023--
2023-05-24 23:49
InBody Hits Milestone: 100 Million Tests Recorded Globally on Their LookinBody Web Platform
CERRITOS, Calif.--(BUSINESS WIRE)--Aug 17, 2023--
2023-08-18 01:20
What Is Apple Arcade? What to Know About the Subscription Game Service
Apple Arcade is a collection of curated games that can be played on iPhone, iPad,
2023-06-24 02:24
These Are America's 20 Best Cities for Birdwatching
You don't have to leave the city to have a successful birdwatching experience.
2023-07-11 20:21
Cryptoverse: Security alert! Altcoins worth $100 billion dropped in hot water
By Lisa Pauline Mattackal and Medha Singh It's a rough time to be an altcoin. Insecurity reigns. A
2023-06-13 13:18
The Best Phones for Kids in 2023
We've thought a lot about kids and phones because many of us are parents. Mobile
2023-06-23 21:26
Crystalis Motus Ashe Skin Splash Art, Price, Release Date, How to Get
Crystalis Motus skin splash art, price, release date and how to get details for the newly announced Mythic skin in League of Legends.
2023-11-21 01:24
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