Security & Fraud

Security & Fraud
Australia’s Westpac Nailed For 23M AML Violations 
November 20, 2019

Aussie banking giant Westpac was accused of violating anti-money laundering (AML) laws 23 million times, Reuters reported on Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Indian Official Says Law Allows Government To Pry
November 19, 2019

The government of India has the legal right to monitor and decrypt digital information on citizens’ devices, TechCrunch reported Tuesday (Nov. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Hackers Selling Thousands Of Disney+ Accounts Online
November 18, 2019

Security researchers have discovered that thousands of Disney+ accounts have been hacked and are for sale on the Dark Web. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Interpol Cracks Down On Encryption As Safety Net For Child Predators
November 17, 2019

Interpol is coming out against strong encryption, saying it protects child sex predators. 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....

Security & Fraud
Swedish Bank SEB Shares Tumble On Money Laundering Inquiry
November 15, 2019

Shares in Swedish bank SEB fell on Friday (Nov. 15) over news that it might soon be embroiled in a money-laundering scandal, which has also affected some of its peers in the region, according to a report in the Financial Times. Get the Full Story...

Security & Fraud
FTC Probing Visa, Mastercard About Debit Card Practices
November 14, 2019

U.S. antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov. 13). 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...

Security & Fraud
Why FATF’s New Digital ID Report Will Be A Boon For Payments
November 13, 2019

The timing seems about right. As a brand-new decade looms – one that promises great strides for digital payments and commerce – digital ID, already on the ascent, is getting a big seal of approval from an influential global group. The approval serves as a...

Security & Fraud
Mexico Ransomware Attack Freezes Pemex Payment Systems
November 12, 2019

Sources have revealed that a ransomware attack has frozen the billing systems of Mexico’s Petroleos Mexicanos (Pemex). 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...

Security & Fraud
PULSE Taps FICO For Fraud Detection Across Its Debit Network
November 12, 2019

PULSE, the debit/ATM network that operates as a Discover Financial Services company, said in a press release that it has adopted the FICO Falcon Platform to bring new fraud detection services to its network of more than 4,100 debit issuers. Get the Full Story Complete...