British financial institution Lloyds Bank is putting together a team to fight domestic financial abuse by offering help to victims, according to a report by Reuters. The new team will have special powers to help abuse victims, with a focus on people who have been...
The push to offer more online privacy to increasingly concerned consumers continues. This time, it’s a move from Google, but it’s unclear how far these efforts will really go, and whether they will have a major impact anytime soon on consumer perceptions of online trust...
Delta Airlines Inc. has filed a lawsuit against a firm that powered a chatbot on its website. The lawsuit alleges that [24]7.ai Inc. did not have basic cybersecurity safeguards while it ran a service powered by artificial intelligence (AI) on the carrier’s website last year...
Trust is important for all of payment, commerce and financial services – it is more or less the glue that holds transactions together. Without foundations of trust, no transaction can get off the runway. And when it comes to cross-border transactions, that importance increases exponentially,...
The Consumer Financial Protection Bureau (CFPB) is urging financial institutions to report any suspicions they may have about financial exploitation of elderly people, the organization said in a release. The CFPB is asking that financial institutions file Suspicious Activity Reports (SARs) with the government when...
In a reported leak of billions of user records in a smart home data breach, researchers have found that a database that belongs to Chinese firm Orvibo has been left open without a password for protection. The database is said to encompass over 2 billion...
A computer science student scraped seven million Venmo transactions to warn users that their public activity can still be stolen. Dan Salmon said he scraped the transactions over the course of six months to prove to users that they need to set their Venmo payments...
After the massive Equifax data breach, a federal watchdog is warning the government against relying on credit agencies to verify the identifies of individuals using its services. A report from the Government Accountability Office (GAO) said several government departments still rely on the three major...
Amazon announced on Wednesday (May 29) an easier way for users to delete voice recordings on all Alexa-enabled devices, responding to the recent backlash. Buried in a press release in which Amazon announced the Echo Show 5, the eCommerce giant said users can now say...
