January 24, 2020Phishing is an enormous fear for businesses, with attacks accounting for 90 percent of data breaches. It’s an especially pertinent concern for DocuSign, which processes nearly 800,000 authorized documents every ...
January 24, 2020Corporate finance professionals are split on the future of the U.S. economy.
The Deloitte CFO Signals Survey was released earlier this month, and researchers found nearly all chief financial officers at ...
January 24, 2020Mobile order-ahead services are being used for more functions than ever, and beyond simply ordering and paying for food. Forty-two percent of consumers use them to find coupons, according to ...
January 23, 2020In today’s top news, FedEx officially expanded home delivery to include Sundays, Uber’s CEO believes his company is the most likely ride-hailing service to reach profitability, and the OCC prepares ...
January 23, 2020Mastercard has launched a new center called the Intelligence and Cyber Centre in Vancouver, Canada, focused on speeding innovation in artificial intelligence (AI), cybersecurity and Internet of Things (IoT), according ...
January 23, 2020Cryptocurrency went from dark-web danger to high-tech investment opportunity seemingly overnight, and, as more consumers seek to use digital currency, more businesses are stepping into the space.
The adoption of cryptocurrency ...
January 23, 2020More than 4.1 billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in lost revenue per breach. This ...
January 23, 2020 The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are ...
January 22, 2020More than 8.2 billion chip-enabled consumer cards — credit and debit — are now in use across the world, according to EMVCo, the industry standard organization. Globally, more than 75 ...
January 22, 2020All four of Greece’s main banking institutions enacted security protocols after a data breach, and consequently cancelled 15,000 consumer cards, according to reports. After consumer information was compromised on a ...
January 21, 2020Just when you think there are no surprises left, this statistic drops: 60 percent of organizations recently polled had no idea their customer data had been breached, because their payments ...
January 20, 2020In today’s top payments news, U.K. regulators have levied $126 million in fines for data violations since mid-2018, Google CEO Sundar Pichai calls for international cooperation in artificial intelligence (AI) ...
January 20, 2020 Fraud protection techniques have advanced rapidly over the past decade to keep pace with fraudsters preying on emerging weak points. Bad actors have taken full advantage of the online world’s ...
January 19, 2020The computer system at New Orleans City Hall is still on the fritz following a cyberattack on Dec. 13 that has stalled vendor payments. It will cost more than $7.2 ...
January 17, 2020 The subscription eCommerce market is a favorite among consumers and businesses, growing more than 100 percent annually for the past five years. Subscription’s promises of recurring revenue streams for companies ...
January 16, 2020In today’s top payments news, Apple buys artificial intelligence (AI) firm Xnor for $200 million, a panel in New York City is seeking a $500 million bailout for debt-burdened taxi ...
January 16, 2020The vulnerability that allowed Travelex to be attacked by hackers has existed at many other companies and institutions in the U.S., according to a report by The Wall Street Journal.
Among ...
January 16, 2020The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target.
The ...
January 16, 2020The speech-to-text API market is predicted to grow to $4.1 billion by 2024, so long as rampant fraud and rising churn don’t stand in its way. But how can providers ...
January 15, 2020A pre-mortem analysis sounds … ominous.
Mortem, after all, is Latin for “dead.” And the term is attached to a report from the New York Federal Reserve detailing the dangers of cyberattacks.
Might ...
January 15, 2020Fraud detection company DataVisor, which uses artificial intelligence (AI) to help find fraud activity and correct it, has released a new anti-fraud solution called dEdge, which can detect attacks and ...
January 15, 2020The subscription business model is growing sharply around the world, but the industry is also dealing with the twin challenges of fraud and subscriber churn. As a result, companies are increasingly turning to ...
January 15, 2020Whether it’s a monthly box of shaving stuff delivered to your door or a license for cloud-based collaboration software, subscriptions are a cornerstone of the recurring payments world. They are ...
January 15, 2020The smiley face of the Internet of Things (IoT) in 2020 mostly involves refrigerators that self-refill, voice-assisted homes, cars that can order takeout and some large-scale industrial automation. But the ...
January 15, 2020As board rooms and C-suite executives become more adequately well-versed on the strategic role supply chain management plays in business success, supply chain risk mitigation is rising to the top ...
January 15, 2020In a move designed for public reassurance and transparency, the National Security Agency (NSA) will now be more forthright, sharing cybersecurity attacks with companies rather than discreetly analyzing them in ...
January 14, 2020In financial services, demand for ease of use and security are sky-high, even for business customers. But for many service providers, achieving one can often mean compromising the other.
Payments and ...
January 14, 2020 The subscription business model is growing sharply across the globe, and for good reason. Companies can bank on its recurring revenue stream to more confidently plan expansion, for example, and ...
January 13, 2020Foreign exchange company Travelex is back online with some of its electronic services after its system was brought down by hackers nearly two weeks ago, Reuters reported on Monday (Jan. 13).
A ...
January 13, 2020It’s a new year, and in Europe, an expansion of scrutiny and laws governing data sharing.
The dawn of 2020 brought a spate of new rules governing data collection and use.
And ...
January 13, 2020The launch of EMV chip cards in the U.S. in the early 2000s had much of the hoped-for effect: By 2017, both Mastercard and Visa had reported that counterfeit fraud ...
January 13, 2020It was a difficult week for businesses getting hit with cyberattacks, with foreign currency company Travelex among the most high-profile of recent cases. The currency exchange company continues in the ...
January 11, 2020Some employees of Travelex, a company that was recently hit with a ransomware attack, were forced to hand over their laptops to technicians to see if their machines were infected ...
January 10, 2020It might make sense that as commerce goes ever global, and as banks do an increasing volume of business cross-border, that the hackers and fraudsters would look at FX as ...
January 10, 2020The new year is still new, and those on the front lines battling cybercrimes and the hackers who work from the shadows might be exhausted already.
For now, at least, tensions ...
January 9, 2020A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports.
A company representative confirmed that Samsung Pay’s ...
January 9, 2020Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports ...
January 9, 2020A cyberattack is being blamed for holding up paychecks from the remaining staff at the beleaguered Barneys New York.
A source told Page Six on Wednesday (Jan. 8), “No one got ...
January 9, 2020Consumers have always influenced how payment methods evolve – stretching back centuries to the barter system, and extending, now, into the digital age.
And as payments are done in bits and ...
January 9, 2020A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, ...
Phishing is an enormous fear for businesses, with attacks accounting for 90 percent of data breaches. It’s an especially pertinent concern for DocuSign, which processes nearly 800,000 authorized documents every ...
Corporate finance professionals are split on the future of the U.S. economy.
The Deloitte CFO Signals Survey was released earlier this month, and researchers found nearly all chief financial officers at ...
Mobile order-ahead services are being used for more functions than ever, and beyond simply ordering and paying for food. Forty-two percent of consumers use them to find coupons, according to ...
In today’s top news, FedEx officially expanded home delivery to include Sundays, Uber’s CEO believes his company is the most likely ride-hailing service to reach profitability, and the OCC prepares ...
Mastercard has launched a new center called the Intelligence and Cyber Centre in Vancouver, Canada, focused on speeding innovation in artificial intelligence (AI), cybersecurity and Internet of Things (IoT), according ...
Cryptocurrency went from dark-web danger to high-tech investment opportunity seemingly overnight, and, as more consumers seek to use digital currency, more businesses are stepping into the space.
The adoption of cryptocurrency ...
More than 4.1 billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in lost revenue per breach. This ...
The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are ...
More than 8.2 billion chip-enabled consumer cards — credit and debit — are now in use across the world, according to EMVCo, the industry standard organization. Globally, more than 75 ...
All four of Greece’s main banking institutions enacted security protocols after a data breach, and consequently cancelled 15,000 consumer cards, according to reports. After consumer information was compromised on a ...
Just when you think there are no surprises left, this statistic drops: 60 percent of organizations recently polled had no idea their customer data had been breached, because their payments ...
In today’s top payments news, U.K. regulators have levied $126 million in fines for data violations since mid-2018, Google CEO Sundar Pichai calls for international cooperation in artificial intelligence (AI) ...
Fraud protection techniques have advanced rapidly over the past decade to keep pace with fraudsters preying on emerging weak points. Bad actors have taken full advantage of the online world’s ...
The computer system at New Orleans City Hall is still on the fritz following a cyberattack on Dec. 13 that has stalled vendor payments. It will cost more than $7.2 ...
The subscription eCommerce market is a favorite among consumers and businesses, growing more than 100 percent annually for the past five years. Subscription’s promises of recurring revenue streams for companies ...
In today’s top payments news, Apple buys artificial intelligence (AI) firm Xnor for $200 million, a panel in New York City is seeking a $500 million bailout for debt-burdened taxi ...
The vulnerability that allowed Travelex to be attacked by hackers has existed at many other companies and institutions in the U.S., according to a report by The Wall Street Journal.
Among ...
The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target.
The ...
The speech-to-text API market is predicted to grow to $4.1 billion by 2024, so long as rampant fraud and rising churn don’t stand in its way. But how can providers ...
A pre-mortem analysis sounds … ominous.
Mortem, after all, is Latin for “dead.” And the term is attached to a report from the New York Federal Reserve detailing the dangers of cyberattacks.
Might ...
Fraud detection company DataVisor, which uses artificial intelligence (AI) to help find fraud activity and correct it, has released a new anti-fraud solution called dEdge, which can detect attacks and ...
The subscription business model is growing sharply around the world, but the industry is also dealing with the twin challenges of fraud and subscriber churn. As a result, companies are increasingly turning to ...
Whether it’s a monthly box of shaving stuff delivered to your door or a license for cloud-based collaboration software, subscriptions are a cornerstone of the recurring payments world. They are ...
The smiley face of the Internet of Things (IoT) in 2020 mostly involves refrigerators that self-refill, voice-assisted homes, cars that can order takeout and some large-scale industrial automation. But the ...
As board rooms and C-suite executives become more adequately well-versed on the strategic role supply chain management plays in business success, supply chain risk mitigation is rising to the top ...
In a move designed for public reassurance and transparency, the National Security Agency (NSA) will now be more forthright, sharing cybersecurity attacks with companies rather than discreetly analyzing them in ...
In financial services, demand for ease of use and security are sky-high, even for business customers. But for many service providers, achieving one can often mean compromising the other.
Payments and ...
The subscription business model is growing sharply across the globe, and for good reason. Companies can bank on its recurring revenue stream to more confidently plan expansion, for example, and ...
Foreign exchange company Travelex is back online with some of its electronic services after its system was brought down by hackers nearly two weeks ago, Reuters reported on Monday (Jan. 13).
A ...
It’s a new year, and in Europe, an expansion of scrutiny and laws governing data sharing.
The dawn of 2020 brought a spate of new rules governing data collection and use.
And ...
The launch of EMV chip cards in the U.S. in the early 2000s had much of the hoped-for effect: By 2017, both Mastercard and Visa had reported that counterfeit fraud ...
It was a difficult week for businesses getting hit with cyberattacks, with foreign currency company Travelex among the most high-profile of recent cases. The currency exchange company continues in the ...
Some employees of Travelex, a company that was recently hit with a ransomware attack, were forced to hand over their laptops to technicians to see if their machines were infected ...
It might make sense that as commerce goes ever global, and as banks do an increasing volume of business cross-border, that the hackers and fraudsters would look at FX as ...
The new year is still new, and those on the front lines battling cybercrimes and the hackers who work from the shadows might be exhausted already.
For now, at least, tensions ...
A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports.
A company representative confirmed that Samsung Pay’s ...
Lenders including Barclays, HSBC, Royal Bank of Scotland and Virgin Money had to stop foreign currency services after exchange provider Travelex was hit by a ransomware gang, according to reports ...
A cyberattack is being blamed for holding up paychecks from the remaining staff at the beleaguered Barneys New York.
A source told Page Six on Wednesday (Jan. 8), “No one got ...
Consumers have always influenced how payment methods evolve – stretching back centuries to the barter system, and extending, now, into the digital age.
And as payments are done in bits and ...
A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, ...
