Citibank has announced news that customers can now utilize the popular Citi Quick Lock feature on their debit cards, enabling them to quickly temporarily freeze their card in order to protect their bank accounts. Get the Full Story Complete the form to unlock this article and...
According to security software company Symantec’s “Q2 Mobile Threat Intelligence Report: Mobility and Finance,” 25 percent of the mobile devices used by employees of financial service companies have unpatched security vulnerabilities. Furthermore, the report found 15 percent of these mobile devices have been connected to...
Fraudsters’ methods are always changing. That means, try as they might, banks and financial institutions will never be able to keep all of them at bay. However, Dan McKenzie, Fiserv’s North America director of business development, says keeping fraudsters out isn’t the most important part...
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Tim Sloan, Wells Fargo’s chief executive officer, believes the embattled bank will recover the growth it lost from its fake account scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In what may be South Africa’s largest data breach, hackers may have gotten away with extensive personal information, including ID numbers, income, marital status, employment details and property ownership information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
According to Paysafe research, nearly 60 percent of Americans feel that becoming victims of fraud is inevitable when shopping online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Saying that payments and their security have reached a “critical juncture,” the U.S. Federal Reserve will be scaling up its focus on payment security and the new technologies that drive it, Federal Reserve board governor Jerome Powell said on Wednesday. Get the Full Story Complete the...
The Federal Trade Commission (FTC) announced Tuesday (Oct. 17) it had obtained a $4.1 million judgment and a ban on a payday lender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...