New York bank regulators are considering massive programs to audit large banks’ cybersecurity and anti-money-laundering (AML) systems, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Following the announcement earlier this month of a massive cyberattack, Anthem has more good news to share with the American public today. While most companies breached by computer criminals only manage to see the data of their own customers go out the door, Anthem has...
The world’s biggest maker of SIM cards for mobile phones, Gemalto, confirmed in an early AM press conference that it has “reasonable grounds” to believe that the NSA and GCHQ hacked its network in 2010-2011. The Dutch firm went on to note that while the...
Apple Pay is making Chase’s day — at least that’s the one of the story lines that came out of JPMC’s investor day yesterday (Feb. 24). That, and a case against the JPMC breakup (again). Get the Full Story Complete the form to unlock this...
At a time when more and more U.S. consumers have credit histories that are thin or damaged, banks are turning to alternate ways of deciding the creditworthiness of potential borrowers — including the scoring systems of alternative lenders, according to American Banker. Get the Full...
MasterCard now has cloud-based in-store mobile payments live in 15 countries, with another 10 in the pipeline, the card brand announced on Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With the deadline for accepting EMV payment cards now just months away, 38 percent of U.S. small merchants still don’t have plans to upgrade their point-of-sale systems, according to a new American Express survey released Tuesday (Feb. 24). Get the Full Story Complete the form...
A new research paper written by three academics who used to work for PayPal says that there’s one type of fraud that’s becoming increasingly common (yet widely unknown) in today’s e-commerce space: “Liar buyer fraud.” Get the Full Story Complete the form to unlock this...
Apple Pay is coming closer to reality in Europe as Visa prepares for a mid-April launch of a tokenization service customized for the European marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
