No surprise: In the great digital shift, many consumers have turned to third-party apps to access their financial data. Yet those consumers are less than ideally aware about how the apps actually work — and just what it is that companies are doing with their...
There have been over 840,000 attacks on companies since Friday (Dec. 10) due to a vulnerability in the open-source Log4j software, Ars Technica reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Visa has warned of a new scheme where point of service (POS) devices being dishonestly pushed as “cashless ATMs” are being put out at various merchants, a Dec. 2 press release says. Get the Full Story Complete the form to unlock this article and enjoy...
NatWest, a U.K. state-backed bank, must pay 265 million pounds (about $350 million) after pleading guilty to failing to prevent money laundering, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) is warning of a vulnerability affecting products containing the log4j software library, according to a CISA press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Drivers for ridesharing and food delivery companies have been among those who have been victimized during a nationwide surge in the number of carjackings and other violent crimes, The Wall Street Journal (WSJ) reported Saturday (Dec. 11). In Minneapolis, for example, 11% of the carjackings...
Fraudsters-turned-bank-employees are suspected of infiltrating U.K. financial institutions (FIs) and committing crimes, The Telegraph reported. 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 to our daily newsletter,...
Payment fraud is always evolving. What is considered a fraudulent attack today might not have even been possible 5 or 10 years ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
BitMart has suffered a hack that lost it $196 million in a number of cryptocurrencies, a report says. 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 to...