Obama unveils new measures to stem identity theft

US President Barack Obama on Friday ordered "pin and chip" security measures for government payment systems, aiming to stem the proliferation of credit card fraud and identity theft.

Virtual currency founder pleads not guilty in New York

A man accused of founding an online underworld bank that allegedly laundered $6 billion for criminals, including child pornographers and drug traffickers, pleaded not guilty in New York on Tuesday.

Banks harvest callers' voiceprints to fight fraud

(AP)—The caller said her home had burned down and her husband had been badly hurt in the blaze. On the telephone with her bank, she pleaded for a replacement credit card at her new address.

In the web's hidden darknet, criminal enterprise is thriving

Criminals have always done their best to use new technology to their advantage and the rapid development of new digital technologies and online markets has provided the criminal entrepreneur with as much opportunity for innovation ...

Visa software tackles fraud at the gas pump

Unattended gasoline pumps are a favorite place for crooks to test stolen or counterfeit credit cards before going on a shopping spree. Now Visa is trying to cut off the fuel supply.

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