Cybersecurity

Cybersecurity
Whistleblowers Allege Inadequate Customer Due Diligence by Cash App
February 16, 2024

Federal financial regulators are reportedly investigating allegations made by two whistleblowers regarding Cash App. 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...

Cybersecurity
Tokenization Now Seen by Merchants as Performance Optimization Play
February 16, 2024

Jeff Hallenbeck, head of payments at Forter, said tokenization, from the merchant point of view, is moving from being thought of as an operational cost to an opportunity to drive revenues. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Fraud Prevention
FTC Issues Proposal to Ban Impersonations as Fraud Rises
February 15, 2024

The Federal Trade Commission (FTC) is proposing a new set of rules that would prohibit the impersonation of individuals. 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...

Cybersecurity
Four in 10 Consumers Demand Greater Data Protection
February 15, 2024

Properly securing consumer data could be key to maintaining the loyalty of eCommerce merchants’ most engaged customers, according to PYMNTS Intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fraud Prevention
Verification Firm Mitek Debuts MiControl as Check Fraud Triples Since 2018
February 15, 2024

Digital payments may be growing in popularity, but the use of paper checks persists. 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...

Cybersecurity
Somos Unveils IoT Identity Managment Service for Boosting Cybersecurity Defenses
February 14, 2024

Somos unveiled an Internet of Things identity management service designed to safeguard businesses’ IoT assets. 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,...

Cybersecurity
OpenAI Stops Hack Attempts by 5 State-Sponsored Cybercrime Groups
February 14, 2024

OpenAI says it has disrupted state-sponsored hackers attempting to use its technology for malicious purposes. 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...

Cybersecurity
Online Romance Scams Grow More Sophisticated With Deepfakes, Advanced Tech
February 13, 2024

In this era of connectivity, where virtual encounters often precede physical ones, online relationships have become a breeding ground for exploitation, with fraudsters capitalizing on the vulnerabilities of hopeful hearts for financial gain.  Get the Full Story Complete the form to unlock this article and...

Cybersecurity
Swedish Lenders Shore Up Defenses Against Fraud
February 13, 2024

Amid growing fraud attacks by organized crime rings, Swedish lenders are moving to adjust product offerings and increase surveillance. 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...