Cybersecurity

Cybersecurity
Geolocation Helps Crypto Exchanges’ Fight Financial Crime
March 04, 2021

Cryptocurrencies are gaining an ever-increasing number of adherents on Wall Street, Main Street and, bit by bit, in everyday commerce. 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
Ransomware Could Have Hit Payroll Firm PrismHR
March 03, 2021

PrismHR, a payroll company, suffered what could have been a ransomware attack over the weekend that left a massive outage, according to a Tuesday (March 2) report from BleepingComputer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
Going Deep: Automated Deep Behavioral Networks Emerge As Card And Payment Fraud Defense
March 03, 2021

For financial institutions (FIs) and banks, battling card and payments fraud demands real-time monitoring – adjusting risk scores as consumers’ behaviors change. In an interview with Karen Webster, Dave Excell, founder and president of Featurespace, said that artificial intelligence (AI)-driven risk modeling can adapt to shifts...

Cybersecurity
AU10TIX Launches Identity Verification Product With Zero Integration
March 02, 2021

Israel-based identity verification company AU10TIX has launched SECURE.ME, a new customer verification product that does not require integration into the businesses it serves. SECURE.ME can verify a customer’s identity in less than eight seconds, according to a press release, decreasing the entire digital onboarding experience...

Cybersecurity
Yelp Details Fraud Initiatives In Trust & Safety Report
February 28, 2021

Yelp has debuted its new Trust and Safety website to help bolster knowledge about its fraud-fighting measures and released its 2020 Trust and Safety Report, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
From Digital Dust To Synthetic Identity Fraud: ‘Identity Literacy’ For Consumers And Businesses Is A...
February 26, 2021

Since the pandemic upended the way consumers do, well, everything, some of them are conducting transactions online for the first time, and the rest are expanding their digital activity significantly, whether that means opening bank accounts or conducting other kinds of high-value transactions. In the...

Fraud Prevention
TravelBank Gets Certification For Cybersecurity Standards
February 25, 2021

Expense management and business travel booking platform TravelBank has become an ISO/IEC 27001:2013 certified provider, with its Information Security Management System (ISMS) receiving third-party accreditation from the International Standards Organization, according to a Wednesday (Feb. 24) press release. Get the Full Story Complete the form...

Cybersecurity
Featurespace Releases Machine Learning-Based Anti-Fraud System
February 25, 2021

U.K.-based  Featurespace, which offers anti-fraud systems for financial institutions (FIs), on Thursday (Feb. 25) released its “Automated Deep Behavioral Networks” package. In a press release, the company said the new product, intended for the card and payments industry, provides a “deeper layer of defense to...

Cybersecurity
Sift Partners With McDonald’s On Mobile App Fraud
February 24, 2021

Sift, which works in digital trust and safety, will partner with McDonald’s in order to strengthen cybersecurity and prevent fraud, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...