This post is co-written with Qing Chen and Mark Sinclair from Radial. Radial is the largest 3PL fulfillment provider, also offering integrated payment, fraud detection, and omnichannel solutions to mid-market and enterprise brands. With over 30 years of industry expertise, Radial tailors its services and solutions to align strategically withContinue Reading
As digital commerce expands, fraud detection has become critical in protecting businesses and consumers engaging in online transactions. Implementing machine learning (ML) algorithms enables real-time analysis of high-volume transactional data to rapidly identify fraudulent activity. This advanced capability helps mitigate financial risks and safeguard customer privacy within expanding digital markets.Continue Reading
Michael M. Santiago/Getty Images News Bill Hwang, founder of Archegos Capital Management, has been convicted of fraud and market manipulation that led to the hedge fund managing over $36B in assets at its peak, before its collapse in 2021. The verdict followed an eight-week trial, with the jury finding HwangContinue Reading
The U.S. Securities and Exchange Commission (SEC) on Monday charged cryptocurrency-friendly lender Silvergate Capital (OTC:SICP) for “negligence-based fraud” on Monday. According to the SEC’s complaint, Silvergate and its former CFO Antonio Martino had misrepresented the company’s financial condition during a liquidity crisis and bank run following FTX’s collapse. The complaintContinue Reading
Cassava Sciences has plummeted more than 40% after a Maryland grand jury indicted a Cassava Sciences (NASDAQ:SAVA) paid consultant and researcher on fraud charges. The charges against CUNY School of Medicine Professor Hoau-Yan Wang for falsifying data are regarding Cassava’s Alzheimer’s drug, simufilam, that Wang used to apply for NIHContinue Reading
Douglas Rissing The Supreme Court rejected the Securities and Exchange Commission’s use of in-house proceedings in cases the regulator brings against investors accused of securities fraud. “A defendant facing a fraud suit has the right to be tried by a jury of his peers before a neutral adjudicator,” Chief JusticeContinue Reading
