Security & Fraud

Security & Fraud
Is It Time To Retire Passwords For Digital Authentication?
August 07, 2019

Even if one tried, it would be hard to ignore the near-constant reports of data breaches. Based on the flurry of consumers scrambling to get their $125 settlement from Equifax, data security is an issue with far-reaching consequences. Get the Full Story Complete the form...

Security & Fraud
REPORT: What Sharing Economy Platforms Don’t Get About Digital ID
August 07, 2019

Sharing economy platforms have permeated every aspect of consumers’ lives. Some 60.1 million Americans hitch rides through ridesharing offerings like Uber or Lyft, for example, and 41 million book travel or accommodations with homesharing services like Airbnb or Hotels.com. Meanwhile, 19.5 million use talent platforms...

Security & Fraud
Yelp Adds Tracking To Restaurants’ Phone Numbers For Grubhub Incentive
August 06, 2019

Vice is reporting that Yelp is changing phone numbers for Grubhub in order to let the company take a “referral fee” of between 15 to 20 percent without letting a restaurant know what’s happening. Get the Full Story Complete the form to unlock this article...

Security & Fraud
What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future
August 05, 2019

If there was a handbook for how to become a successful fraudster, the first sentence of the first chapter would go something like this: “Go where the money is.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
KYB, Shell Companies And Pot Payments Gone Rogue
August 05, 2019

Fraud comes in many flavors, and a payments-related lawsuit arising from the growing business of legal, recreational marijuana is proof of that point. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Questions Being Raised About Viability Of The Cloud For FinServ
August 04, 2019

The woman responsible for the Capital One hack reportedly pulled it off through a vulnerability in the cloud. 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...

Security & Fraud
StockX Breach Hits 6.8M Customer Records
August 04, 2019

Apparel and shoe trading marketplace StockX was reportedly hacked, allegedly exposing sensitive information of more than 6.8 million users worldwide, TechCrunch reported on Saturday (Aug. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Bank Regulators Probe Amazon Cloud
August 02, 2019

The Federal Reserve orchestrated an official investigation of an Amazon facility in Virginia, kicking off what is expected to be ongoing oversight of cloud providers, people familiar with the matter told The Wall Street Journal on Thursday (Aug 1). Get the Full Story Complete the...

Security & Fraud
 How To Cut The Phishing Lines That Bind Us
August 02, 2019

Fraudsters are ever bolder when it comes to phishing scams, which are up 76 percent year over year.  The best approach to stop the bad guys in their tracks, DataVisor CEO Yinglian Xie tells Karen Webster, is a collaborative effort that unites telecoms, merchants, machine...