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Citibank is pushing for the lawsuit to be dismissed for failing to prevent fraud

Citibank Lawyers asked a judge on Tuesday (Oct. 8) to dismiss a lawsuit filed in January by New York's attorney general Letitia James It accuses the bank of failing to protect victims of fraud. The Lawyers argued that the bank…

The UK's APP fraud reimbursement regime comes into force on Monday

This week marks a major change in the way UK banks and payment companies deal with fraud. As of Monday (October 7), these organizations must do so compensate the victims of authorized push payments (APP) up to £85,000 ($111,000). of…

Verizon users will lose service due to the latest mass outage in 2024

More than 100,000 Verizon users lost access to wireless service on Monday (September 30). The wireless carrier said it was aware of the problem, according to a report by NBC News, marking the latest in a series of mass technical…