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...
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...
QVC former director James D. Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Another retailer has been hit with a data breach. This time, Macy’s has revealed that hackers obtained names and passwords of online customers — and might have accessed credit card numbers and expiration dates. The data breach impacted one-half of one-percent of customers who were registered...
The U.S. Securities and Exchange Commission (SEC) announced on Tuesday (July 10) that it has charged the former chief executive of Heartland Payment Systems with insider trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Timehop, the mobile app that gathers photos from social media, disclosed on Monday (July 9) that it was the subject of a data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
