Security & Fraud

PayPal Data On Impact Of ‘Liar-Buyer’ Fraud
February 24, 2015

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...

Visa Prepares European Tokens And P2P Payments
February 24, 2015

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...

Wall Street Banks And Law Firms Pairing Up To Take On Cybercrime
February 24, 2015

That banks are under constant threat of cyberattack is well known – just last week PYMNTS reported on an international bank hack that robbed 100 banks worldwide of an estimated $900 million. Now Wall Street banks and the big law firms that serve them want to...

EBay Shares Its Real-Time Data Tool With The Public
February 24, 2015

Online auction giant eBay is now using a real-time analytics engine to deal with personalization, fraud detection and other high-traffic functions — and it’s giving the code away, the company said in a blog post on Monday (Feb. 23). Get the Full Story Complete the...

Gemalto Sees No Evidence That Its Encryption Keys Were Boosted By Spies
February 23, 2015

After reports last week that Gemalto had seen the encryption keys for its SIM cards stolen by the NSA and GCHQ , the Dutch company has officially responded that its products are secure. Get the Full Story Complete the form to unlock this article and enjoy...

Company Spotlight
How MasterCard Is Taking Biometrics To The Masses
February 23, 2015

It’s been a little over a week since The White House Cybersecurity Summit, during which U.S. President Barack Obama called upon tech and financial companies to band together to protect consumers from cyber attacks. Among initiatives highlighted during the Summit was MasterCard’s $20 million investment...

PayPal Amps Up Cybersecurity Plans
February 23, 2015

Cybersecurity is the buzzword flooding the payments and commerce space. No matter which company, the narrative is all about security breaches and how to be proactive in combatting attacks — this includes protecting email. And last week, PayPal shared its take on how the company is...

Financial Inclusion
Santander’s Deal To Ease Bank Account Access
February 23, 2015

Santander Bank will relax its standards for approving new checking and savings accounts under a deal announced on Friday (Feb. 20) with New York’s attorney general. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

JPMorgan’s Military-Style Cybersecurity Response
February 20, 2015

JPMorgan Chase is not taking cyberthreats lightly. On the contrary, it has chosen to respond to them with military-grade strength when it comes to staffing its new cybersecurity unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...