financial information

FTC to Require Non-Banking Financial Institutions to Report Data Breaches
FTC to Require Non-Banking Financial Institutions to Report Data Breaches
October 27, 2023  |  Regulation

The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. In a unanimous decision, the regulator has approved an amendment to the Safeguards...

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Fiserv Teams With Akoya on Data Sharing
Fiserv Teams With Akoya on Data Sharing
August 24, 2023  |  Data

Consumer-permissioned data — as a concept — is nothing new in financial services. Look back across the past few decades, Jamie DelMedico, vice president and...

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Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
April 26, 2023  |  Security & Fraud

Banks are at a critical juncture in an era of increasing digital threats and a smartphone-centric culture. PYMNTS’ latest research shows that smartphones are already...

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Data Worries Keep Facebook Crypto Partners At Bay
Data Worries Keep Facebook Crypto Partners At Bay
June 17, 2019  |  Facebook

Facebook’s GlobalCoin project has to overcome some big issues before its official launch. CoinDesk spoke to seven knowledgeable sources about GlobalCoin, also known as Project...

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Dell Reset All Customer Passwords After Attempted Data Hack
Dell Reset All Customer Passwords After Attempted Data Hack
November 29, 2018  |  Security & Fraud

Dell announced that it reset passwords for all accounts on its online electronics store after it stopped hackers from trying to steal customer data. Citing a...

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Fiserv Patches Security Loophole In Messaging Feature
Fiserv Patches Security Loophole In Messaging Feature
August 30, 2018  |  Security & Fraud

Fiserv recently had to fix a weakness in its web platform that provided non-actionable event messages for a small number of customers. As a major...

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FTC Gets $4.1M Judgment Against Fake Payday Lender
FTC Gets $4.1M Judgment Against Fake Payday Lender
October 18, 2017  |  Security & Fraud

The Federal Trade Commission (FTC) announced Tuesday (Oct. 17) it had obtained a $4.1 million judgment and a ban on a payday lender. In a...

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Today In Data: 2016 Hacking Of UK Firms
Today In Data: 2016 Hacking Of UK Firms
April 18, 2017  |  Today In Data

Companies from around the world have the probability of getting hacked at any time regardless of the security measures put in place. According to the...

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