The U.S. Treasury Department announced Monday (Aug. 24) the launch of a public-private initiative aimed at helping financial institutions and systems migrate from today’s widely used cryptographic tools to a new generation of security systems that can withstand quantum-computing attacks. Get the Full Story Complete...
Artificial intelligence (AI)-focused cybersecurity company Alice has raised $140 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Flagright, which provides a transaction monitoring engine, has become a Nacha Preferred Partner for ACH Compliance, Fraud Monitoring, and Risk and Fraud Prevention, Nacha said in a Monday (Aug. 24) press release. Get the Full Story Complete the form to unlock this article and enjoy...
Apollo Global Management disclosed Friday (Aug. 21) that it suffered a social engineering attack that led to a data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Cybersecurity firm TrendAI uncovered a business email compromise (BEC) scheme in which an attacker tricked a victim into clicking on a link and was then able to reroute payments that were sent by the victim’s company and intended for its vendors, it said in a...
Credit union service organization (CUSO) Velera has released a new resource designed to help credit unions navigate complex consumer-engaged fraud cases, the company said in a Thursday (Aug. 20) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article...
Abnormal AI will expand its use of OpenAI to support its Behavioral AI products that stop cybersecurity attacks, Abnormal AI said in a Wednesday (Aug. 19) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Payments have spent years getting faster. Fraud detection has not always kept pace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Financial institutions have spent years trying to see more suspicious activity. New data from the Financial Crimes Enforcement Network (FinCEN) suggests the more valuable question may be whether they can see enough of the activity together. Get the Full Story Complete the form to unlock...
