Everyone loves a good, free introductory offer: the month of free access to a streaming service, the free lift from a ridesharing service, the free meal kit delivered right to the front door. Brands know that customers like these offers, which is, of course, why...
Great news for innovative retailers. Less so for cashiers. 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,...
One Singh brother has been arrested, while the other is still on the run. Indian pharma mogul Shivinder Singh was taken into custody in Delhi on charges of fraud and the misappropriation of funds. His brother Malvinder, however, remains at large. Get the Full Story...
Twitter has revealed that some user data might have been used for advertising 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...
Three former Barclays executives are facing a retrial and accused of participating in a “dishonest mechanism” to pay Qatar extra fees in exchange for emergency fundraising to avoid a bank bailout during the financial crisis in 2008. Get the Full Story Complete the form to...
Russia’s Sberbank has been the victim of a client data leak. 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...
Fraudsters are getting increasingly creative when stealing money and data, but many FIs, FinTechs and merchants are still taking established approaches to fraud, reacting to each incident and hoping the damage is minimal. New solutions like unsupervised ML could help businesses prevent fraud from happening...
This week, Mastercard launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs. This new product is in line with recent cybersecurity trends toward identifying threats before they occur. Get the Full Story Complete the form to unlock this article and...
Banks have a Goldilocks problem: Authentication processes can’t be too rigorous for legitimate consumers, but also can’t be too lax so that fraudsters can easily exploit them. In the new Digital Fraud Tracker, Andrew Sloper, Chase’s head of digital authentication, tells PYMNTS how machine learning...