Socure, the leading provider of artificial intelligence for digital identity verification, sanctions screening, and fraud prevention, has announced Selfie Reverification – a way to validate return consumers online with a simple selfie from any device in under 2 seconds. Socure’s Selfie Reverification builds on the company’s market-leading Document Verification...

Socure Adds Selfie Reverification with Deepfake Detection to its Industry Leading Document Verification Solution

The US Sun

NEW studies show that Hyundai and Kia’s tech upgrades have staved off thieves after hundreds of cars were caught in a TikTok trend firestorm. The promising numbers come after particular Hyundai and Kia owners continued to apply for their chunk of a one-time settlement payment. Research from the Highway Loss Data Institute suggested that vehicle thefts […]

Hyundai & Kia customers can still claim one-time $3k payment – as brands insist new tech has led to big drop in theft

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

AMERICANS have the opportunity to claim a one-time payment from a billion-dollar class action settlement. Visa and Mastercard agreed pay $5.6 billion after consumers paid excessive fees to accept their payment cards. The lawsuit alleged that Visa and Mastercard violated the antitrust laws. Antitrust laws also referred to as competition laws, are statutes developed by […]

Americans to receive one-time payment from $5.6 billion Visa Mastercard settlement – and the deadline has been extended

New York State

A pair of lawmakers in different states are objecting to state digital identity verification contracts held by Socure. At issue appears to be an objection to the use of personally identifiable data to identify persons, and a claim that the company’s terms of service clash with a new data protection law.

Socure explains identity verification compliance to 2 state lawmakers

With all the excitement that comes with a trip to the casino, there’s an accompanying inconvenience: carrying cash. Before players even set foot on the casino floor, their first stop is at the ATM or the bank. John Parsons, Vice-President of Gaming for Trustly, notes that about 90 percent of the money entering casinos is cash brought in by guests from outside the casino.

Trustly’s next bet: Bringing cashless-payment ease to casino floors

Businesses with very relaxed or nonexistent internal controls over cash transactions are at a high risk of skimming fraud. The best way to detect and prevent cash skimming is to implement a robust internal control system with a strong emphasis on proper and adequate transaction documentation. In this article, we’ll...

What Is Cash Skimming? Examples, Detection & Prevention

ComingSoon

Users of the popular mobile payment application, Cash App can now claim money from the service following a $15 million settlement. For those wondering how this is possible, Cash App was hit with a lawsuit by several customers who alleged that a security breach had taken place and the data of many users had been accessed without permission in 2022 and 2023. Thus, as a result of this 2021 lawsuit, Cash App has issued a settlement for all the users who were affected by this breach.

Cash App Settlement Lawsuit: How to Submit Claim & Who Is Eligible?

Tom's Guide

Class action lawsuit in Florida has revealed that hackers stole a database full of sensitive information on 2.9 billion people before they tried selling it on the dark web.

2.9 billion hit in one of the largest data breaches ever — full names, addresses and SSNs exposed

The face of cyber threats has transformed dramatically over the decades. At first, they emerged as hacks, viruses and denial of service attacks, often hatched by young computer whiz kids chasing thrills and bragging rights. Then, criminal organizations leveraged increasingly sophisticated tools and techniques to steal private customer data, shut down business operations, access confidential/sensitive corporate information and launch ransomware schemes.

The Top 4 Forms of AI-Enabled Cyber Threats

PYMNTS

As consumers across income groups feel economic pressure, luxury secondhand marketplace The RealReal is seeing its customers continue to spend but demand more value for their dollar. The company shared in its second-quarter 2024 earnings results Tuesday (Aug. 6) that active buyers increased by 9% year over year to 381,000,...

The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck

While you were watching track and field, basketball, fencing and swimming we were keeping our usual close eye on the “faster, higher, stronger” world of payments, banking and the connected economy. And now that your eyes have had a bit of a workout with that compound sentence, here are some of the best quotes from our interviews during the week ending Aug. 9.

They Said That: Notable Quotables for the Week of August 5

The Consumer Financial Protection Bureau (CFPB) is reportedly looking into how some of the biggest U.S. banks handle complaints from customers who dispute transactions made through Zelle. JPMorgan Chase disclosed the CFPB’s investigation of the peer-to-peer (P2P) payment app on Friday (Aug. 2) in a filing with the Securities and...

Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Declutterbuzz

More and more people are warming up to the idea that decluttering your physical possessions goes hand-in-hand with decluttering your mind aka mental clutter. The following is how a clear mind will help your decluttering goal.

How A Clear Mind Will Benefit Your Decluttering Goal

Security company ADT disclosed in an SEC filing that hackers obtained “some limited customer information, including email addresses, phone numbers and postal addresses.” TechCrunch reports that ADT’s disclosure follows a seller on a cybercrime forum claiming last week that they had obtained more than 30,000 stolen ADT customer records.

ADT admits security breach after hackers advertise stolen data on the dark web

Las Vegas, NV

Fortune

The long lines of people seeking company-branded merch and taking selfies by its booth at the Las Vegas conference underscored Crowdstrike's curious new moment of cultural cachet.

Crowdstrike caused a global computer meltdown — people at the Black Hat cybersecurity conference can’t get enough of its swag

Ride-hailing platform Lyft on Wednesday (Aug. 7) announced performance benchmarks in the second quarter, reflecting strong engagement from both riders and drivers. The company reported a record 23.7 million active riders, representing a 10% increase from the previous year. Total rides hit a new high of 205 million, up 15% year over year.

Lyft Launches Price Lock Subscription Amid Surge in Ridership

As online grocery subscriptions gain in popularity, Generation Z is leading the charge by a considerable margin. PYMNTS Intelligence’s “How the World Does Digital” study surveyed more than 67,000 consumers across 11 countries accounting for nearly half the world’s GDP about their digital habits. The results...

Gen Z Uses Grocery Subscriptions 133% More Than Gen X

Alameda, CA

Alameda Post

The unthinkable has happened. Again. A gunman has taken multiple lives. The difference this time? It happened here, in Alameda. We are an island, both physically and psychologically. I spend a lot of time explaining to people that our focus is Alameda, and Alameda alone, so our coverage doesn’t usually include stories as horrific as this one.

It Happened Again. Here.

Georgia State

Appling County, GA

Daily Coffee Press

A 40-year-old man from Appling County, Christopher Eric Stone, with a significant criminal history, was recently sentenced to over five years in prison after pleading guilty to possession of methamphetamine with intent to distribute, according to officials from the Department of Justice.

Georgia Man Sentenced to Over 5 Years for in Federal Prison for Meth Distribution

NewsBreak

Socure Debuts Selfie Reverification to Root Out Deepfakes

ID verification firm Socure has introduced a new way for businesses to validate return customers. Selfie Reverification, announced Thursday (Aug. 8), can validate customers online with...

Socure Debuts Selfie Reverification to Root Out Deepfakes

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