Tag

Fraud Prevention

All articles tagged with #fraud prevention

politics3 days ago•5 min saved

Treasury Blocks $175M in Payments to Deceased in FY2026

The U.S. Treasury Department blocked $175 million in federal payments to deceased individuals in fiscal year 2026, a significant increase from the $99 million identified earlier in the year. This expansion of the 'Do Not Pay' program, which screened over 1.1 billion payments totaling $3.7 trillion, reflects the Trump administration's broader push to eliminate fraud and waste. The initiative, supported by new legislation signed in February 2026, now covers 99% of federal programs, up from 4% in the previous fiscal year.

via Fox News|

#federal-payments #fraud-prevention #john-kennedy

technology6 days ago•9 min saved

Convicted Romance Fraudster Plans Identity-Verified Dating App Amid Industry Opposition

Simon Leviev, known as the 'Tinder Swindler,' is launching a dating app called Safe Love featuring strict identity verification and safety features. The app requires government ID and selfie matching, with an SOS button for emergencies. Industry groups oppose the launch, urging app store bans, while Leviev argues his fraud experience makes him uniquely qualified to prevent scams.

via foxnews.com|

#dating-apps #fraud-prevention #identity-verification

business1 month ago•1 min saved

FanDuel and GeoComply Extend Fraud-Prevention Partnership Ahead of Football Season

FanDuel and GeoComply renewed a multi-year fraud-prevention and identity-verification partnership, with GeoComply embedding engineers inside FanDuel’s product and operations teams to deepen geolocation, device intelligence, and real-time fraud detection as FanDuel scales across 26 U.S. markets ahead of football season. The deal maintains billions of player checks with a 99.7% pass rate and 99.999% service availability, continuing FanDuel’s focus on a compliant, high-integrity customer experience, alongside announced extensions with Caesars, DraftKings, and Hard Rock.

via LegalSportsReport|

#business #compliance #fraud-prevention

technology2 months ago•12 min saved

Codeword Defense: The Simple Tactic That Thwarts AI Scam Calls

AI deepfake scams can impersonate loved ones, but a prearranged codeword plus a calm verification protocol can help. Experts recommend a memorable, personally meaningful password and rehearsing with family so panic doesn’t override judgment. Watch for red flags—pressure to act quickly, requests for untraceable funds, and attempts to control who you speak to. Regular practice and mental preparation are key, alongside awareness that online fraud losses rose in 2025, with AI-enabled scams totaling billions.

via BBC|

#ai-deepfakes #codeword #cybersecurity

business2 months ago•5 min saved

Think Before You Tap: Simple Steps to Foil Tap-to-Pay Scams

Tap-to-pay scams are on the rise, with cases like a Michigan donation that turned into a $1,000 charge. To avoid losses, read the screen before paying, verify the amount and recipient, watch for hidden fees, slow down, keep the device in your own hands, and walk away if anything feels off. Consider turning off tap-to-pay when not in use, use credit cards for stronger protections, and request receipts to verify donations.

via USA Today|

#banking #business #consumer-protection

business3 months ago•14 min saved

Utah Lands Nearly $0.5 Million in Cash App Settlement

Utah will receive about $482,183 as part of a $45 million multistate settlement with Block, Inc., the company behind Cash App, over claims it misled users about fraud protections and allowed fraudulent account takeovers. The settlement requires stronger fraud protections, 24/7 live support, an end to certain marketing tactics that increased fraud, consumer education, and reimbursement of unauthorized transactions.

via KSL.com|

#block-inc #business #cash-app

crime3 months ago•3 min saved

Elderly Washington resident handed $420K in gold amid scam spree

Over three days in Clallam County, Washington, scammers posing as Microsoft and FTC employees swindled residents of more than $670,000, including an 84-year-old who handed roughly $420,000 in gold after being told banks were under investigation; authorities urge pausing, verifying with trusted contacts, and avoiding payment with gold or gift cards or giving remote access.

via USA Today|

#crime #fraud-prevention #gift-card-scam

finance3 months ago•4 min saved

Phishing, romance scams and AI-made investment traps: how to spot and stop them

UK Finance reports a record 4 million fraud cases last year, and the article outlines three common scams: phishing attempts that steal bank details via text messages and delivery links; romance scams where fraudsters pose as potential partners to extract money; and AI-assisted investment scams that use generated images or voice to push bogus opportunities. Protect yourself by typing URLs manually, never tapping unknown links or sharing One-Time Passcodes, performing reverse-image searches on dating profiles, and verifying investments through FCA’s official tools and resources like Take Five to Stop Fraud.

via BBC|

#finance #fraud-prevention #investment-fraud

politics5 months ago•6 min saved

Pickleball Injury Casts Light on California Hospice Fraud

At a House Ways and Means Committee hearing, Lynn Ianni described how a stolen Medicare ID enrolled her in hospice and denied treatment for a pickleball injury, illustrating a broader California hospice fraud scheme involving fake claims and stolen physician identities; despite a licensing moratorium and hundreds of hospice suspensions in Los Angeles, regulators say reforms lag and fraud persists, signaling a nationwide Medicare integrity challenge.

via Los Angeles Times|

#california #congressional-hearing #fraud-prevention

politics7 months ago•15 min saved

GOP eyes second reconciliation bill focused on fraud prevention and Medicaid cuts

House Budget Chair Jodey Arrington signaled a second post‑midterms reconciliation bill centered on fraud prevention in safety-net programs, reviving Medicaid‑spending cut ideas and offsetting new spending with Pentagon savings amid GOP internal doubts. The day also features a Senate housing package advancing with debates over CBDC and investor rules, while Republicans discuss renewing Section 702 surveillance and other election‑related reforms, all amid midterm pressures and intra‑party tensions.

via Politico|

#fraud-prevention #gop #medicaid

politics7 months ago•1 min saved

White House Deploys AI-Driven Crackdown on Medicare Fraud

The administration unveiled a multi-pronged plan to curb healthcare fraud, including deferring $259.5 million in Minnesota Medicaid payments pending review, a nationwide DMEPOS enrollment moratorium, and a CRUSH initiative inviting public input, all backed by real-time AI tools to detect and stop improper payments before they occur, aiming to reduce fraud, save taxpayer dollars, and improve affordability for patients.

via HHS.gov|

#ai #fraud-prevention #healthcare-fraud

society8 months ago•1 min saved

Guarding Elder Finances: Practical Steps to Prevent Family Mistakes

Americans over 70 control about $53 trillion in wealth and are prime targets for financial scams; the article urges empathetic, proactive engagement with aging relatives, due diligence, and outside help—such as AARP's BankSafe Initiative—to prevent financial missteps, while noting that family dynamics can both aid and impede timely interventions.

via The New York Times|

#elder-care #elder-financial-fraud #family-dynamics

government9 months ago•2 min saved

HHS Closes Loopholes in Child Care Funding Verification

The U.S. Department of Health and Human Services is reversing Biden-era rules that allowed states to pay child care providers in advance based on enrollment, instead restoring attendance-based billing and parental voucher flexibility to prevent fraud and ensure funds are used appropriately for supporting working families.

via U.S. Department of Health and Human Services (HHS) (.gov)|

#child-care #fraud-prevention #funding-oversight

immigration9 months ago•2 min saved

USCIS Revives VAWA Program Amid Fraud Concerns

USCIS has updated its VAWA policy guidance to address a surge in filings and prevent fraud, including clarifications on eligibility, evidence requirements, and residence conditions, to protect legitimate survivors of domestic abuse and ensure program integrity.

via USCIS (.gov)|

#domestic-abuse #fraud-prevention #immigration

business1 year ago•6 min saved

Casap Secures $25M to Use AI in Transforming Payment Disputes and Combating Fraud

Casap, a New York-based fintech startup, has raised $25 million to use AI for improving credit and debit card dispute processes, making them faster and more transparent while combating first-party fraud. The company's software streamlines dispute management, reduces resolution time, and offers innovative features like dispute status tracking and fraud prediction, aiming to disrupt traditional dispute handling by banks and financial institutions.

via Forbes|

#ai #business #casap