JPMorgan Chase CEO Jamie Dimon kept up his critical tone toward regulators and their potential role in preventing the next financial crisis in his annual letter to shareholders sent April 8. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
By 2018, card fraud is expected to more than double, reaching $6.4 billion. As the U.S. migrates to EMV, CNP fraud in particular is expected to not shockingly spike with fraudsters turning to new channels. Tackling CNP fraud, however, is particularly tricky – the underlying...
Barely a month after agreeing to buy Israeli predictive-security startup CyActive, PayPal announced on Thursday (April 9) that it has closed the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
According to a new report by the state’s top financial regulator – Benjamin M. Lawsky, New York’s superintendent of financial services – Wall Street still has a ways to go when it comes to the oversight of cybersecurity measures at outside firms with which it...
In the midst of the evolution from PCs to always-connected mobile devices, the perimeter of defense has evolved, too. In an entirely new era of cybersecurity, it’s “all about allowing unfettered, yet protected, access to consumer services and business revenues,” says ThreatMetrix. In a recent...
The largest telecom firm in Southeast Asia will soon be adding Chicago-based Trustwave to its corporate stable through acquisition. 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...
Data brokers collect an average of 3,000 data segments on nearly every U.S. consumer, says the FTC. And with wearable payment technology comes an entirely new avenue for even more data collection – but at the same time, an increased potential for security breaches. Doc...
Bank-owned fraud prevention provider Early Warning will acquire mobile authentication vendor Authentify, the companies announced on Tuesday (April 7). 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...
Fueled by the increase in online payments, ACH volume grew to almost 22 billion transactions equating to $38.7 trillion in value in 2013 and has continued to climb in 2014. At the same time, transaction returns, unauthorized ACH returns and account takeover fraud have put...
