Sentences with phrase «fraudulent transactions reversed»

Not exact matches

If these exchanges lack appropriate KYC protocols or operate under false pretenses, then the credit card company might struggle to reverse fraudulent transactions.

Requiring this «proof of work» prevents a malicious actor from either adding fraudulent blocks to generate Bitcoins (i.e., counterfeit Bitcoins) or overwriting existing valid blocks to reverse its prior transactions.

Protecting Seniors from Financial Exploitation and Foreclosure - Establish «an Elder Abuse Certification Program for banks located in New York State, amending the banking law to empower banks to place holds on potentially fraudulent transactions, and strengthening legislation that will protect senior homeowners with reverse mortgages.»

In its ruling, the LSUC determined the statements contained clear indications of reverse engineering and fraudulent entries designed to permit the closing of the transactions on a «no - money - down» basis for the ultimate purchasers.

Furthermore, reversing a cryptocurrency transaction, even a fraudulent one, is all but impossible.

The splits among the community of ETH developers are numerous: some of them wants to allow reversing erroneous or fraudulent transactions, while others stand against upcoming ASIC rigs for ETH mining.