Bank robberies, even the quirky ones, are serious business. People get killed, hurt or emotionally traumatized by these events. And as scary as it is for victims, sometimes the perpetrator’s story is just as sad, even in cases that appear funny at first glance –...
The Indian government could face a setback to its controversial biometric identification program in light of the country’s latest supreme court ruling. On Thursday, the high court confirmed that all of India’s citizens are entitled to fundamental privacy rights as part of the constitution’s right...
Australia is blaming the growth in online banking and digital currencies like Bitcoin for a huge increase in organized crime in the country’s financial sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Mizuho Bank and IBM Japan announced Thursday (Aug. 24) Mizuho Bank had begun operations toward more advanced and efficient risk management. The financial institution is employing cognitive technology to take measures against financial crimes such as terrorism financing. Governments around the world have urged financial institutions...
WEX, a global provider of corporate payment solutions, announced Wednesday (Aug. 23) it has been awarded a five-year blanket purchase agreement by the Department of Homeland Security (DHS) to supply vehicle telematics products and services through its GSA Schedule 70 contract. Get the Full Story...
The Consumer Financial Protection Bureau (CFPB) announced Wednesday (Aug. 23) that it has taken action against two American Express banking subsidiaries for discriminating against consumers in Puerto Rico, the U.S. Virgin Islands and other U.S. territories by providing them with credit and charge card terms...
There’s much to look forward to as the September rollout of Phase 2 of Same Day ACH (Debit Pull) looms, but David Barnhardt, executive vice president of full-service payment and verification solutions provider GIACT, thinks there’s just as much reason for caution. Get the Full Story...
You there, corporate decision-maker. Are you ready to respond to a cyber threat? How confident do you feel in your ability to handle and mitigate the situation? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Thanks to fingerprint-scanning smartphones, consumers have grown accustomed to using physical biometrics to authenticate their identity. But, in the hot-off-the-presses PYMNTS Digital Identity Tracker™, powered by Socure, Paul Miller, CEO of security technology company mSIGNIA, says that there’s a way to take data from those...
