Criminals are always on the hunt for new opportunity. As companies settle into a world governed by Europe’s second Payment Services Directive (PSD2), and as financial institutions (FIs) and FinTech companies explore the possibilities of faster payments and unbundled banking, attention to how to secure...
Robots flip burgers, make cocktails, engage in the practice of law and perform an increasing number of tasks all across the global economy. What if they were able to better secure consumers as well as their online payment and ID data — which, in turn, would...
The problem with fighting fraud — according to GIACT EVP of Product David Barnhardt in this week’s edition of the PYMNTS Topic TBD — is how much information fraudsters have at their fingertips about regular consumers. Between the Equifax hack last year, the Exactis hack last month and the...
One of the recent cyberattacks against Latin American financial institutions, this one targeting Mexico’s central bank, resulted in the theft of a reported $15.2 million. Another one, against Banco de Chile in May, cost about $10 million via fraudulent SWIFT wire transfers. Get the Full Story...
As the world continues its path to becoming more digital, risks are increasingly finding their way into transaction processes, and that calls for a different approach to transaction monitoring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Trulioo, the global identity and business verification provider announced Tuesday (June 12) that it has partnered with Acuant, a global provider of data capture and identity authentication solutions, to enhance GlobalGateway, its online identity verification marketplace. Get the Full Story Complete the form to unlock...
Sun Tzu might approve. 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. By completing this form, you agree to receive marketing...
The immediate danger has passed – but the threat is still there. 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. By...
The authorities in the country of Kenya have charged 54 people — most of them civil servants — with stealing close to $100 million of public funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...