Lawmakers are urging German Chancellor Angela Merkel to release transcripts of conversations between Deputy Finance Minister Jörg Kukies and former Wirecard CEO Markus Braun, as the collapse of the payments processing company has captured headlines for weeks. Get the Full Story Complete the form to...
Citing security concerns, Wells Fargo is asking employees to remove the TikTok apps from their work phones, Bloomberg reported. 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...
A national survey has found more than 80 percent of medical practices have been the victims of cyberattacks, USA Today reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Delivery startup Dunzo, India’s food and grocery delivery service backed Google, has suffered a data breach, The News Minute reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
As federal investigators recognize the connections between cyber and traditional financial crimes, the U.S. Secret Service has established a single agency to fight them, the Secret Service announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Much has been said about the viability of biometrics for guarding against bad actors, but financial institutions (FIs) cannot simply assume that all of their customers want to use such tools. In the latest FI Fraud Decisioning Playbook, Ryan Leblond, manager of fraud prevention for...
Punjab National Bank shares fell by nearly 6 percent late Thursday (June 9) after it was defrauded $491 million by one of its customers, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Cryptocurrency exchange Bitfinex must answer allegations by the state of New York that the Hong Kong-based company hid more than $800 million in losses of client and corporate funds, the New York Court of Appeals ruled Thursday (July 9), according to Bloomberg. Get the Full...
Banks have been facing a concerning rise in account takeover (ATO) attacks targeting their customers, with financial institutions (FIs) losses due to such schemes rising 72 percent from 2018 to 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
