Identity
In 2023, while artificial intelligence (AI) dominated headlines, especially regarding its impact on payments, other technologies like network tokenization and digital identities are revolutionizing transactions and securing them against 21st-century fraud. Network tokenization enhances security in digital commerce by replacing sensitive payment details with tokens that are less prone to
Identity
The U.S. Department of Justice announced charges against 19 individuals in a global cybercrime investigation linked to the xDedic marketplace. xDedic facilitated the sale of compromised computer credentials and personal data, impacting victims worldwide. This significant legal action involved collaboration between the United States, Belgium, and Ukraine, highlighting the
Fraud
After an investigation by the South East Regional Organised Crime Unit, four men were sentenced for defrauding victims of over £2 million. David Farrah-Tunnicliffe received the longest sentence of seven and a half years for multiple frauds and money laundering, using various aliases and companies. The fraudulent activities included exploiting