Microsoft Warns of New IRS-Based Phishing Attacks
Microsoft has detected a surge in sophisticated phishing campaigns timed to exploit heightened anxiety during tax season, as cybercriminals ramp up efforts to trick both individuals and businesses. According to the company, criminals are sending fraudulent emails masquerading as tax refunds, payroll documents, filing reminders, and requests from tax professionals. These messages are intended to […]
India Floats Plan for Converting Gift Cards into Mutual Funds
Gift cards are moving beyond retail and rewards programs—now, regulators are exploring how they can serve as an entry point into investing. The use cases for gift cards have continued to expand, especially as prepaid products have become an integral component of many organizations’ loyalty and incentives programs. The versatility of these solutions has prompted […]
The Growing Data Battle Between Banks and Fintechs
JPMorgan Chase shook the industry last year when it announced plans to charge fintech companies for access to customer data. This marked a major shift in a model where third-party providers have increasingly bridged the gap between legacy banks and digital services. Financial firms have supplied the application programming interfaces (APIs) that are now central […]