A new credit union in Colorado formed specifically to serve legal marijuana businesses could be a turning point for the fledgling pot industry, according to CNN. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The price of recovering from a data breach is steadily climbing — from $9 million in 2012 to $11.6 million last year, to $12.7 million today, Chain Store Age reported on Tuesday (Dec. 30). Get the Full Story Complete the form to unlock this article...
The U.S. payments industry lacks common standards for interoperability, and that’s standing in the way of faster payments and better payments security. That’s the conclusion of a Federal Reserve-sponsored symposium on payments innovation, according to the Chicago Fed Letter. Get the Full Story Complete the...
Security researchers may have broken Bitcoin’s ability to let users make anonymous transactions with the cryptocurrency, according to Bank Info Security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
While the movie “The Interview” — the gross-out comedy that apparently triggered a massive cyberattack on Sony Pictures by North Korea — earned $15 million in its first weekend of online distribution, there’s been another “Interview”-related payday as well: A mobile app pretending to download the...
Apple Pay, ATMs and even traditional B2B financial-transfer systems will be the top targets of a new wave of payments-oriented cyberattacks in 2015, according to predictions by security vendor Kaspersky Labs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Europe’s largest hacker group claims it can defeat fingerprint-scanning security like Apple Pay’s TouchID with just a few photos that show a user’s fingers, according to VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
When interest rates rise in mid-2015, the credit-card business will likely see more subprime cardholders, higher credit losses for card issuers and greater reliance on customers who use their cards to borrow, not just earn rewards, American Banker reported. Get the Full Story Complete the...
While it’s not quite faster to list all the retailers and other institutions that haven’t been breached, the list of those who’ve been targets is long and scary. As we look back a year ago, who would have ever thought that the Target breach would be eclipsed – at 40...
