October 14, 2019British cybersecurity software company Sophos is being acquired for $3.8 billion by U.S. private equity firm Thoma Bravo, Bloomberg reported on Monday (Oct. 14).
Sophos’s three biggest shareholders — Apax Partners ...
October 11, 2019Great news for innovative retailers. Less so for cashiers.
The self-checkout system market is expected to increase from its current value of $2 billion to more than $4 billion by 2024, according ...
October 11, 2019Commercial card acceptance remains one of the largest barriers to the adoption of cards in accounts payable, largely thanks to suppliers’ reluctance to absorb interchange fees and the associated costs ...
October 11, 2019One Singh brother has been arrested, while the other is still on the run. Indian pharma mogul Shivinder Singh was taken into custody in Delhi on charges of fraud and ...
October 10, 2019Crowdsourcing is all the rage in the digital economy, and now Goldman Sachs is using that method in hopes of finding — and making big money from — the next ...
October 10, 2019 Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. Many want more options and control when it comes to their security. In fact, ...
October 9, 2019U.K. bank NatWest has started a three-month trial of a biometric credit card that will use a fingerprint in lieu of a PIN.
CNBC reported that the test was launched on ...
October 9, 2019 SCA may have arrived on the payments scene, but questions remain regarding its exact authentication requirements. The overarching rule is simple enough: Consumers who make purchases online or use contactless ...
October 8, 2019Three former Barclays executives are facing a retrial and accused of participating in a “dishonest mechanism” to pay Qatar extra fees in exchange for emergency fundraising to avoid a bank ...
October 8, 2019The year’s final quarter is upon us, marking an opportunity to look back at Q3 and obtain a reading of small businesses’ most pressing — and most timely — concerns.
This ...
October 7, 2019Verifying the identity of a business quickly — and accurately — is critical when performing credit checks on SMBs. Yet, commonly used knowledge-based authentication (KBA) questions come with drawbacks. In ...
October 7, 2019The good news for customers — and the challenge for financial services players, both established and emerging as the decade comes to a close — is that when it comes ...
October 4, 2019Life is never boring in the world of payments and commerce, and the newest edition of the PYMNTS Weekender report is proof of that. This week’s coverage includes a deep ...
October 4, 2019From the ashes of WeWork’s failed IPO … more ashes? Perhaps so, at least for the traditional IPO model.
Other money-losing firms are seeing their stocks shudder and dive. One notable ...
October 4, 2019Taco Bell is among the major restaurant brands that has teamed with delivery service provider Grubhub to reach customers. Beyond its delivery efforts, the company is bringing self-ordering digital kiosks to its restaurants across the country. ...
October 3, 2019Fraudsters are getting increasingly creative when stealing money and data, but many FIs, FinTechs and merchants are still taking established approaches to fraud, reacting to each incident and hoping the ...
October 3, 2019This week, Mastercard launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs. This new product is in line with recent cybersecurity trends toward identifying threats ...
October 3, 2019Even just five years ago, Prophix President and Chief Operating Officer Alok Ajmera said talk of using virtual assistants in the workplace seemed more like science fiction than a real ...
October 3, 2019The competition between cybercriminals and the fraud and security teams at banks, tasked with stopping their attacks, is incredibly lopsided. The fraud and security teams have to get it right ...
October 3, 2019Consumers want control — everybody seems to know that.
But what you probably don’t know is that consumers want the type of financial services control that could potentially reduce their risk ...
October 2, 2019Banks have a Goldilocks problem: Authentication processes can’t be too rigorous for legitimate consumers, but also can’t be too lax so that fraudsters can easily exploit them. In the new ...
October 1, 2019With “URGENT/11” possibly introducing risks for medical devices and hospital networks if exploited by a remote attacker, the U.S. Food and Drug Administration is informing patients, manufacturers and IT staff ...
October 1, 2019A recent police complaint alleges that the Punjab and Maharashtra Co-operative Bank (PMC) made up 21,000 fake accounts to hide loans, according to a report by Reuters.
The complaint was filed ...
October 1, 2019A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over.
The ...
October 1, 2019The American Apparel & Footwear Association (AAFA) recently wrote a letter to the U.S. Trade Representative (USTR) asking it to add Amazon’s France and India sites to a list of ...
October 1, 2019Crowdstrike, a cybersecurity company, recently released a report that an unidentified company in the aviation industry was significantly hacked through last year and this year, according to a report by ...
October 1, 2019In its ongoing efforts to prevent fraud on its site, on Tuesday (Oct. 1) Amazon announced a new program to help sellers make sure their products won’t be copied or ...
October 1, 2019Another day, another data breach – at least it seems that way sometimes. The latest involves DoorDash, and reportedly impacted around 4.9 million consumers, delivery workers and merchants.
This is no ...
October 1, 2019 The global threat of fraud shows no signs of slowing down. Losses related to fraud are valued at $14.7 billion, according to the most recent DataVisor Fraud Index Report. As ...
October 1, 2019Mastercard has launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs, the company announced in a press release on Tuesday, Oct. 1.
The new ...
September 30, 2019House Raises Antitrust Concerns Over Google’s New Internet Plans
Congressional antitrust investigators are concerned over Google’s new plan to use a new internet protocol. On Sept. 13, investigators for the House ...
September 30, 2019Counterfeiting is stereotypically the domain of luxury goods, where fraudsters dupe unsuspecting shoppers into buying fake handbags, accessories or beauty products. But as with the tainted baby formula scandal a ...
September 30, 2019When cyberattack NotPetya quickly made its rounds, one of its hardest-hit victims — shipping conglomerate A.P. Moller-Maersk — learned firsthand the threat of a supplier base.
Maersk Chief Technology and Information ...
September 30, 2019Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. companies via the Business Email Compromise scam, reports in The East African said last ...
September 30, 2019A recent study about how people respond to scammers shows that consumers are more likely to become victims on social media and online marketplaces than over the phone, The Wall ...
September 30, 2019Cyberthreats are increasing, and are playing out on a global stage. Credit cards are at risk, of course, but so are smart grids, oil pipelines and, well, pretty much everything. ...
September 27, 2019This week, along with Amazon’s announcement about new Echo devices and Alexa’s celebrity voices, came news of Amazon Sidewalk, a new wireless protocol that uses low bandwidth to extend the ...
September 26, 2019DoorDash has revealed that it was the victim of a data breach in May.
“Earlier this month, we became aware of unusual activity involving a third-party service provider,” the company wrote ...
September 26, 2019The attorney general of New York has filed a lawsuit against Dunkin’ Brands over a cyberattack that saw the theft of tens of thousands of dollars from customer value cards.
Customers ...
September 26, 2019 Consumers, businesses and governments are seeing faster payments as a path to greater convenience and financial security, and this growing demand is spurring payments services providers (PSPs) to meet this ...
British cybersecurity software company Sophos is being acquired for $3.8 billion by U.S. private equity firm Thoma Bravo, Bloomberg reported on Monday (Oct. 14).
Sophos’s three biggest shareholders — Apax Partners ...
Great news for innovative retailers. Less so for cashiers.
The self-checkout system market is expected to increase from its current value of $2 billion to more than $4 billion by 2024, according ...
Commercial card acceptance remains one of the largest barriers to the adoption of cards in accounts payable, largely thanks to suppliers’ reluctance to absorb interchange fees and the associated costs ...
One Singh brother has been arrested, while the other is still on the run. Indian pharma mogul Shivinder Singh was taken into custody in Delhi on charges of fraud and ...
Crowdsourcing is all the rage in the digital economy, and now Goldman Sachs is using that method in hopes of finding — and making big money from — the next ...
Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. Many want more options and control when it comes to their security. In fact, ...
U.K. bank NatWest has started a three-month trial of a biometric credit card that will use a fingerprint in lieu of a PIN.
CNBC reported that the test was launched on ...
SCA may have arrived on the payments scene, but questions remain regarding its exact authentication requirements. The overarching rule is simple enough: Consumers who make purchases online or use contactless ...
Three former Barclays executives are facing a retrial and accused of participating in a “dishonest mechanism” to pay Qatar extra fees in exchange for emergency fundraising to avoid a bank ...
The year’s final quarter is upon us, marking an opportunity to look back at Q3 and obtain a reading of small businesses’ most pressing — and most timely — concerns.
This ...
Verifying the identity of a business quickly — and accurately — is critical when performing credit checks on SMBs. Yet, commonly used knowledge-based authentication (KBA) questions come with drawbacks. In ...
The good news for customers — and the challenge for financial services players, both established and emerging as the decade comes to a close — is that when it comes ...
Life is never boring in the world of payments and commerce, and the newest edition of the PYMNTS Weekender report is proof of that. This week’s coverage includes a deep ...
From the ashes of WeWork’s failed IPO … more ashes? Perhaps so, at least for the traditional IPO model.
Other money-losing firms are seeing their stocks shudder and dive. One notable ...
Taco Bell is among the major restaurant brands that has teamed with delivery service provider Grubhub to reach customers. Beyond its delivery efforts, the company is bringing self-ordering digital kiosks to its restaurants across the country. ...
Fraudsters are getting increasingly creative when stealing money and data, but many FIs, FinTechs and merchants are still taking established approaches to fraud, reacting to each incident and hoping the ...
This week, Mastercard launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs. This new product is in line with recent cybersecurity trends toward identifying threats ...
Even just five years ago, Prophix President and Chief Operating Officer Alok Ajmera said talk of using virtual assistants in the workplace seemed more like science fiction than a real ...
The competition between cybercriminals and the fraud and security teams at banks, tasked with stopping their attacks, is incredibly lopsided. The fraud and security teams have to get it right ...
Consumers want control — everybody seems to know that.
But what you probably don’t know is that consumers want the type of financial services control that could potentially reduce their risk ...
Banks have a Goldilocks problem: Authentication processes can’t be too rigorous for legitimate consumers, but also can’t be too lax so that fraudsters can easily exploit them. In the new ...
With “URGENT/11” possibly introducing risks for medical devices and hospital networks if exploited by a remote attacker, the U.S. Food and Drug Administration is informing patients, manufacturers and IT staff ...
A recent police complaint alleges that the Punjab and Maharashtra Co-operative Bank (PMC) made up 21,000 fake accounts to hide loans, according to a report by Reuters.
The complaint was filed ...
A new report by the Federal Trade Commission (FTC) has revealed that millennials are 25 percent more likely to report losing money to fraud than consumers ages 40 and over.
The ...
The American Apparel & Footwear Association (AAFA) recently wrote a letter to the U.S. Trade Representative (USTR) asking it to add Amazon’s France and India sites to a list of ...
Crowdstrike, a cybersecurity company, recently released a report that an unidentified company in the aviation industry was significantly hacked through last year and this year, according to a report by ...
In its ongoing efforts to prevent fraud on its site, on Tuesday (Oct. 1) Amazon announced a new program to help sellers make sure their products won’t be copied or ...
Another day, another data breach – at least it seems that way sometimes. The latest involves DoorDash, and reportedly impacted around 4.9 million consumers, delivery workers and merchants.
This is no ...
The global threat of fraud shows no signs of slowing down. Losses related to fraud are valued at $14.7 billion, according to the most recent DataVisor Fraud Index Report. As ...
Mastercard has launched Threat Scan, a global solution to help banks spot authorization weaknesses before a breach occurs, the company announced in a press release on Tuesday, Oct. 1.
The new ...
House Raises Antitrust Concerns Over Google’s New Internet Plans
Congressional antitrust investigators are concerned over Google’s new plan to use a new internet protocol. On Sept. 13, investigators for the House ...
Counterfeiting is stereotypically the domain of luxury goods, where fraudsters dupe unsuspecting shoppers into buying fake handbags, accessories or beauty products. But as with the tainted baby formula scandal a ...
When cyberattack NotPetya quickly made its rounds, one of its hardest-hit victims — shipping conglomerate A.P. Moller-Maersk — learned firsthand the threat of a supplier base.
Maersk Chief Technology and Information ...
Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. companies via the Business Email Compromise scam, reports in The East African said last ...
A recent study about how people respond to scammers shows that consumers are more likely to become victims on social media and online marketplaces than over the phone, The Wall ...
Cyberthreats are increasing, and are playing out on a global stage. Credit cards are at risk, of course, but so are smart grids, oil pipelines and, well, pretty much everything. ...
This week, along with Amazon’s announcement about new Echo devices and Alexa’s celebrity voices, came news of Amazon Sidewalk, a new wireless protocol that uses low bandwidth to extend the ...
DoorDash has revealed that it was the victim of a data breach in May.
“Earlier this month, we became aware of unusual activity involving a third-party service provider,” the company wrote ...
The attorney general of New York has filed a lawsuit against Dunkin’ Brands over a cyberattack that saw the theft of tens of thousands of dollars from customer value cards.
Customers ...
Consumers, businesses and governments are seeing faster payments as a path to greater convenience and financial security, and this growing demand is spurring payments services providers (PSPs) to meet this ...
