The good news about EMV is that it has drastically dropped the instance for cloned-card fraud that was far more endemic in the mag stripe era. The not as good news is that fraudsters were not discouraged — they simply switched their focus to card-not-present...
The revelations from WikiLeaks about the U.S. government’s hacking tools are reported to have sent Cisco reeling earlier this month, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Data and analytics startup XOR Data Exchange announced it will provide a free resource to online retailers to help businesses identify and mitigate the risk of identity theft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
According to reports out of an FBI official stationed in the Philippines, the theft of $81 million in funds hacked out of the Bangladesh central bank’s account at the NY Fed was a “state-sponsored” job. Get the Full Story Complete the form to unlock this...
Fraud detection and prevention is no cottage industry. As debit and credit cards grow in the field, making inroads to consumers where they’d not been held before, so too has the opportunity grown for skimming and pilfering. And FICO has seen an alarming uptick and uptake in...
Biometrics are increasingly giving little-loved usernames and passwords the boot, and for good reason – they’re less vulnerable to security breaches. For the latest Digital Identity Tracker™, PYMNTS caught up with USAA Bank’s Chief Security Officer, Gary McAlum, about the latest biometric security technology and...
The Royal Bank of Scotland (RBS) is facing questions from the Financial Conduct Authority (FCA) and other regulators about Russia money-laundering claims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Supreme Court yesterday decided not to restore a $7.25 billion settlement between credit card networks Visa and Mastercard and merchants over their disputes concerning credit card processing fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Google is picking up its fight with Symantec, saying last week that it is reducing the level and length of trust Chrome will give Symantec-issued certificates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
