It’s no secret that banks and FinTechs are collaborating at a rate faster than ever before. Where once traditional finance companies viewed tech-driven service firms with caution and even a bit of skepticism, the realization more recently has been that joint efforts can reap dividends....
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...
Microsoft announced on Tuesday (July 17) a new program in which it will pay hackers between $500 and $100,000 if they can break into its digital identity services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Revolut, the U.K. digital bank, identified evidence of money laundering on its digital payment system, which prompted it to alert authorities including the National Crime Agency and Financial Conduct Authority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
It must be a tough time for the-sky-is-falling type of people, or even just the mildly pessimistic. Seemingly endless news of data breaches and cyberattacks — to say nothing of experiencing them personally — can make even the most tech-welcoming consumer think about retreating to...
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...
New rules may loom for technology providers pertaining to privacy — on a national level. As reported last week by the Information Technology Industry Council (ITI), the trade group — which counts Google and Microsoft among its members — wants to see a quickening in the pace of privacy rules...
Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who make faulty payments are having a tough time getting reimbursed. Get the Full Story Complete the form to unlock this article and enjoy...
The Trump administration has created a new task force that will focus on protecting consumers from one of the biggest fraud threats: crypto coins. Bloomberg noted that a focus of the panel, announced on Wednesday (July 11), will be on the scams involving bitcoin and other virtual...