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First-party fraud costs U.S. financial institutions and merchants more than $100 billion a year, according to new research from Socure , the leading provider of digital identity verification and fraud solutions. More than one in three Americans (35%) admit to committing first-party fraud themselves, in which people use their own identity to commit a dishonest act for financial gain.
Back in November 2017, I wrote a couple of articles related to Intuit's work on the development of API-V4 for QuickBooks Online. The critical change was called the 'rest' or 'staged transactional' API.
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