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Federal Trade Commission (FTC), Money Transfer, Regulation, Remittance, walmart -

As reported by Payments Cards & Mobile back in June 2022, the Federal Trade Commission (FTC) sued Walmart for allowing its money transfer services to be used by fraudsters, who... read more

The post FTC files amended money transfer scam complaint against Walmart appeared first on Payments Cards & Mobile.

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Cash, Daily news, Fraud & Security, Mobile Remittance, Money Transfer, P2P, Remittance, Risk & Compliance, walmart -

Early last week, Walmart asked the federal court handling the FTC’s lawsuit into money transfer fraud to dismiss it. Walmart’s brief lays out several reasons why the FTC’s case is... read more

The post Walmart pursues dismissal of FTC money transfer lawsuit appeared first on Payments Cards & Mobile.

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Daily news, Fraud & Security, Money Transfer, money transfer fraud, Regulation, Remittance, walmart -

The Federal Trade Commission is to sued Walmart for allowing its money transfer services to be used by fraudsters, who fleeced consumers out of hundreds of millions of dollars. In... read more

The post FTC sues Walmart for facilitating money transfer fraud of hundreds of millions appeared first on Payments Cards & Mobile.

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Check Out With Me, Daily News, Mobile Express Scan & Go, Mobile Payments, mPOS, POS Terminals, walmart -

Walmart is reported to have shelved its Mobile Express Scan & Go service. In a note attached to a blog post about Scan & Go, the company said it discontinued the service effective last month. “As of April 2018, we’ve completed the test run of Mobile Express Scan & Go,” Walmart stated. “While the service [...]

The post Walmart shelves Mobile Express Scan & Go appeared first on Payments Cards & Mobile.

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Amazon, Daily News, Mobile Payments, Mobile Remittance, Money Transfer, Remittance, walmart -

Walmart like Amazon is moving itself further into traditional financial services provider territory, by expanding its money transfer operation to 200 countries Through the new money transfer operation, people will be able to deliver money from Walmart’s nearly 5,000 US stores to locations abroad within 10 minutes. As more consumers increasingly rely on Walmart and [...]

The post Walmart extends financial services with money transfer operation appeared first on Payments Cards & Mobile.

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