PYMNTS

APRIL 9, 2020

According to reports, the IRS will send out a second round of checks to Social Security beneficiaries who did not file tax returns in 2018 or 2019 and receive their Social Security benefits via direct deposit. The stimulus money should help people pay for housing, groceries and basic needs.

IRS 102

IRS Direct Deposit Social Security Accounts 102

Axway

JUNE 4, 2021

Thanks to Axway’s Amplify API Management Platform , URSSAF – Caisse Nationale is now handling more than four million daily secure API transactions. And it’s accelerating the development of new partnerships and adding real value with more service opportunities. URSSAF …

Social Security 52

Social Security Security API Transactions 52

Axway

JUNE 4, 2021

Thanks to Axway’s Amplify API Management Platform , URSSAF – Caisse Nationale is now handling more than four million daily secure API transactions. And it’s accelerating the development of new partnerships and adding real value with more service opportunities. URSSAF …

Social Security 52

Social Security Security API Transactions 52

Axway

JUNE 4, 2021

Thanks to Axway’s Amplify API Management Platform , URSSAF – Caisse Nationale is now handling more than four million daily secure API transactions. And it’s accelerating the development of new partnerships and adding real value with more service opportunities. URSSAF …

Social Security 52

Social Security Security API Transactions 52

Axway

JUNE 4, 2021

Thanks to Axway’s Amplify API Management platform , URSSAF – Caisse Nationale is now handling more than four million daily secure API transactions. And it’s accelerating the development of new partnerships and adding real value with more service opportunities. URSSAF …

Social Security 52

Social Security Security API Transactions 52

Payments Source

SEPTEMBER 8, 2017

The incident can and should be a turning point for the financial services industry that it needs to end its reliance on static personal identifiers like Social Security numbers and birth dates. It's not just Equifax that needs to worry.

Breach 95

Breach Social Security Security Data Security 95

Fintech News

DECEMBER 20, 2023

This also includes an Accident Protection Cover, in partnership with the Indonesia Social Security Agency for Employment. .” Adrianus Hitijahubessy Adrianus Hitijahubessy, CEO and Co-founder of JULO said, “JULO Cares offers unique and helpful benefits to our customers.

Financial Inclusion 118

Financial Inclusion Social Security FinTech Finance 118

PYMNTS

MARCH 19, 2020

Phone scammers claiming to be from the Centers for Disease Control and Prevention (CDC) are saying they have a vaccine to cure the coronavirus (COVID-19), and are asking for credit card and Social Security numbers from unsuspecting victims to reserve it, according to a report by The Verge. Do not fall prey!”

Scams 75

Scams Law Enforcement Social Security SARS 75

Payments Source

JUNE 14, 2018

Businesses are tasked with carrying too much of the burden of protecting customers' personal information, and typically turn to Social Security numbers. The advent of self-sovereign identity may give consumers a chance to reclaim control over their data and how it’s used, Finicity's Nick Thomas writes.

Social Security 64

Social Security Consumer Security Verification 64

Payments Source

APRIL 11, 2019

Tax-related identity theft can be especially worrisome, not only for the monetary consequences it carries, but tax documents often contain highly sensitive information, like Social Security numbers, writes Paige Schaffer, president and COO of Generali Global Assistance’s Identity and Digital Protection Services Global Unit.

Identity Theft 69

Identity Theft Security Social Security Innovation 69

PYMNTS

MARCH 5, 2020

The company didn’t reveal how many people were affected, but it said financial information like credit cards and Social Security numbers were not affected. “We We immediately reported this matter to federal law enforcement and are actively cooperating in their investigation.”. We regret that this incident occurred,” T-Mobile said. “We

Law Enforcement 105

Law Enforcement Data Breach Cybersecurity Social Security 105

PYMNTS

OCTOBER 13, 2020

In addition, the social security program was expanded to include many contract workers, WSJ reported. India's economy was lagging even before the pandemic. But now, the economy has contracted by almost a quarter, affecting the poor most acutely, according to WSJ.

Economy 103

Economy Shutdown Social Security Government 103

Payments Source

FEBRUARY 4, 2020

Instead of a live caller engaging in social engineering with a single prospective target, automatic dialers call thousands of people, instructing them to call bogus telephone numbers purported to belong to the IRS, Social Security Administration, or their bank, says The Santa Fe Group's Bob Jones.

IRS 65

IRS Social Security Security Risk 65

PYMNTS

APRIL 27, 2020

The key groups who will receive these payments include people who aren’t required to file tax returns, such as those who receive Social Security, Supplemental Security Income (SSI) and veterans’ affairs benefits. The latest round of checks under the massive U.S. stimulus program is set to go out in the next few days.

IRS 103

IRS Checks Small Business Direct Deposit 103

PYMNTS

MARCH 29, 2020

Another challenge will be trying to get money to people who didn’t file taxes in the last year or two, as one of the main strategies the government is employing is using 2019 and 2018 tax return data to assess which bank account the money will be sent to, along with Social Security benefit statements as backup.

Venmo 97

Venmo Treasury Federal Reserve Direct Deposit 97

PYMNTS

NOVEMBER 30, 2020

They included provisions doing away with a regulatory system for how farmers sell their crops, expansions to the social security program, raised numbers of companies that can fire employees, higher requirements for unions and fewer rules about women working night shifts.

Economy 99

Economy Social Security Rules Government 99

PYMNTS

OCTOBER 8, 2020

They're entering this really important phase in life where they have to start making really big decisions around things like Social Security and Medicare, and when they can retire, which are going to impact the next 30 years,” he said. We're saying, ‘Hey, you have a question about Social Security? COVID As A Catalyst.

AI 90

AI Social Security Risk Mitigation Risk 90

PYMNTS

JULY 27, 2020

Dave also stressed that the FinTech has “no evidence that any unauthorized actions were taken with any accounts or that any user has experienced any financial loss as a result of this incident.”.

Data Breach 98

Data Breach Breach FinTech Third-Party Service Provider 98

PYMNTS

JANUARY 3, 2021

The intruder or intruders did not, T-Mobile stated, have access to “names on the account, physical or email addresses, financial data, credit card information, social security numbers, tax ID, passwords, or PINs.”. “We

Law Enforcement 85

Law Enforcement Compromise Data Breach Phishing 85

FICO

JULY 7, 2020

Beware of people claiming to be part of reputable organizations, like research firms or government agencies, asking you for personal information like bank card numbers or your Social Security number. Fake Profiles. Quid pro quo scams offer a benefit to the victim in exchange for information.

Scams 97

Scams Smishing Phishing IRS 97

PYMNTS

AUGUST 16, 2020

In addition, employers must pay taxes for workers, including one half of their social security and Medicare taxes along with state unemployment taxes. Employees, on the other hand, are entitled to benefits, such as vacation and holiday pay and healthcare.

Social Security 101

Social Security Economy Rules Security 101

PYMNTS

DECEMBER 23, 2019

Starting with one or two pieces of real information (a Social Security number is always one of them, sometimes paired with a real name), fraudsters take their time to slowly nurture a fake credit profile until it has a good enough record to make a big strike.

Social Security 52

Social Security Identity Theft Wire Transfer Security 52

The Fintech Times

MAY 23, 2024

It’s been 19 years since I blew the whistle and the problems that existed then with the Social Security Administration still exist today. The cost of ignoring a whistleblowers complaints are far greater than acknowledging that a problem exists and taking steps to fix it. We must do more to protect whistleblowers.”

White Collar Crime 105

White Collar Crime Social Security Authorization Crime 105

PYMNTS

DECEMBER 17, 2020

If someone typically uses a Social Security phone scam, they might now modify that to say, ‘this is the Social Security Administration, this is how we’re going to get you signed up so you can get your COVID-19 vaccine.’”.

Scams 84

Scams IRS Federal Trade Commission FTC 84

PYMNTS

APRIL 15, 2020

The FTC stated that no government entity would call to ask for money or personal information like credit card numbers or Social Security numbers, adding that any requests for payment through services like Western Union or MoneyGram are almost certainly scams. On its website, the FTC breaks down the numbers of fraud cases by state.

FTC 86

FTC Scams Request for Payment Social Security 86

FICO

FEBRUARY 16, 2021

In June 2020, the US Social Security Administration (SSA) launched their electronic consent-based verification service (eCBSV). The eCBSV is an electronic service that offers registered members, such as banks, the ability to confirm the social security number of their customers, with the customers consent.

Verification 52

Verification Social Security Checks Security 52

PYMNTS

JANUARY 27, 2021

Stilt’s checking accounts are powered by Evolve Bank & Trust and intended to help immigrants get financial stability even when they don’t have Social Security numbers. Since they launched in September, active checking accounts are growing 50 percent every month, the release stated.

Cross-Border Payments 86

Cross-Border Payments Cross-Border Underserved Social Security 86

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

Data Breach 84

Data Breach Breach Digital Currency eWallet 84

PYMNTS

SEPTEMBER 18, 2017

The stolen data included Social Security numbers, birth dates and other personal information. According to the report, given the fact that hackers presumably got Social Security numbers, birthdates and addresses, they can go after those people that have larger bank accounts, more lines of credits and greater assets.

Breach 66

Breach Risk Federal Trade Commission Data Breach 66

PYMNTS

FEBRUARY 1, 2019

Though Houzz is still investigating, it said that sensitive personal information — such as Social Security numbers and payment card, bank account or other financial information — was not affected by the breach. It also notified law enforcement authorities, as well as any customers that might have been impacted by the incident.

Data Breach 80

Data Breach Breach Law Enforcement Encryption 80

PYMNTS

APRIL 5, 2020

People who already filed taxes for 2019 and those who are receiving Social Security don’t need to do anything. The TurboTax Stimulus Registration solution will help people send the IRS a minimal tax return to ensure payment. The IRS said that people should opt for direct deposit to speed up the payment.

IRS 91

IRS Returns Checks Direct Deposit 91

Fi911

JANUARY 18, 2024

They demonstrate the diverse methods and strategies employed by fraudsters to exploit individuals and financial institutions for their own gain: Identity Theft A criminal steals an individual’s personal information, such as Social Security number, bank account details, or credit card information, and uses it to impersonate the victim.

Account Takeovers 93

Account Takeovers MFA Fraud Detection Credit Cards 93

PYMNTS

JANUARY 24, 2019

Some of the files included names, addresses, birth dates, Social Security numbers and bank and checking account numbers, as well as details of loan agreements. federal departments, including the Department of Housing and Urban Development.

Law Enforcement 62

Law Enforcement Social Security Database Agreements 62

PYMNTS

MARCH 27, 2020

First-party fraud seems difficult to perpetrate because loan applications typically require identity verification with Social Security numbers, which enable banks to track down loan applicants who go off the grid. The bad actors then cut off all contact with the bank, preventing it from recouping its losses.

Identity Theft 83

Identity Theft Technology Authentication Credit Cards 83

PYMNTS

JANUARY 2, 2019

Macy’s said at the time that the hackers didn’t get Social Security numbers or card CVV numbers. From the end of April to the middle of June, hackers were able to access usernames and passwords, and then got names, email addresses, phone numbers, birthdays and payment card info.

Cybersecurity 74

Cybersecurity Accounts Identity Theft Law Enforcement 74

PYMNTS

JULY 1, 2020

Fraud experts say per the report that organizations that are most successful at mitigating synthetic identity fraud extend their observation beyond basic personally identifiable information like name, date of birth, address and social security number.

Fed 76

Fed Federal Reserve Mitigation AI 76

PYMNTS

NOVEMBER 12, 2018

Nordstrom has suffered a data breach that exposed employee names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more.

Breach 75

Breach Law Enforcement Data Breach Social Security 75