Payment fraud

CFPB sues largest debt settlement firm

11/08/17

The Consumer Financial Protection Bureau filed a lawsuit Wednesday against Freedom Debt Relief and its co-CEO for allegedly deceiving consumers.

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Would consumers pay $13 a year for a safer debit card?

06/21/17

U.S. banks face a tricky calculus in deciding whether to adopt expensive technology aimed at reducing online fraud.

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Key player in Operation Choke Point leaves DOJ, joins law firm

06/19/17

Michael Blume oversaw the controversial effort to crack down on consumer fraud by pressuring banks to cut off certain merchants’ access to the U.S. payment system.

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How likely are fraud victims to leave their bank?

02/27/17

Professor Rahul Telang at Carnegie Mellon University's Heinz College analyzed the behavior of 500,000 bank customers over five years to observe their reactions to adverse events such as fraud on their bank account. It’s a rare objective measure of the effect of fraud on customer retention.

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