The extent of cybersecurity attacks on financial institutions is much greater than reports show, especially in the U.K. Data from Britain’s Financial Conduct Authority (FCA) show that U.K. banks conceal many cyberattacks to keep their reputations intact and to avoid punishment. Shlomo Touboul, Chief Executive...
The Sri Lankan digital identity program is expected to cost $100 million and provide 20 million people with digital identities over the next three years.
Uber is adding a new tool to its mobile app that will allow registered family members of the rider to track their ride. The new tool called Trip Tracker is an extension to the Uber app’s “Family Profile” functionality, which the ride-hailing company debuted in March...
The Theranos Lab controversy strikes again. This time, the med-tech startup was informed by the Centers for Medicare and Medicaid Services (CMS) that it must cease sending clinical laboratory tests it receives through the Theranos Wellness Centers at Walgreens to its lab in Newark, California,...
Europe is gearing up to keep American tech companies at a tighter leash for being lax at implementing rigid policies for European consumer data protection. At the front of the agency coming after American tech companies is Isabelle Falque-Pierrotin, who has over the years become...
MasterCard has opened the doors to its DigiSec laboratory, described as being a lot like Q’s facility from the James Bond films. Now that the lab is open to MasterCard customers, Bruce Rutherford, MasterCard’s Group Head, Fraud Management Solutions talks MPD CEO Karen Webster through...
Across the Asia-Pacific region, each market is on its own path to secure digital transactions. In Australia, two-thirds of MasterCard transactions are already contactless in-store payments. In more emerging markets like Indonesia, consumers are just getting online to transact with mobile devices, but are well...
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...
First Tech Federal Credit Union announced yesterday that it has entered a new agreement with MasterCard as its payment solution provider, according to a company release. MasterCard will offer “convenience, control and security” for First Tech’s more than 380,000 members, enabling the credit union to...
