Regulators around the world are stepping up anti-money-laundering (AML) efforts, and, as a result, lenders are tightening the screws on cross-border payments, according to Corporate Treasurer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Bluefin Payment Systems, provider of secure payment technology for enterprises, financial institutions and small to medium-sized businesses, today announced that its PayConex PCI-validated Point-to-Point Encryption (P2PE) Solution is certified for mobile payments, according to a company release. Get the Full Story Complete the form to...
In the wake of the nearly 800 breaches that marked the year 2014, it is no surprise that the U.S. is moving full speed ahead toward converting all cards from the traditional magnetic stripe to the more secure EMV. In 2015 over a half-billion new...
A new credit union in Colorado formed specifically to serve legal marijuana businesses could be a turning point for the fledgling pot industry, according to CNN. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The price of recovering from a data breach is steadily climbing — from $9 million in 2012 to $11.6 million last year, to $12.7 million today, Chain Store Age reported on Tuesday (Dec. 30). Get the Full Story Complete the form to unlock this article...
The U.S. payments industry lacks common standards for interoperability, and that’s standing in the way of faster payments and better payments security. That’s the conclusion of a Federal Reserve-sponsored symposium on payments innovation, according to the Chicago Fed Letter. Get the Full Story Complete the...
Security researchers may have broken Bitcoin’s ability to let users make anonymous transactions with the cryptocurrency, according to Bank Info Security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
While the movie “The Interview” — the gross-out comedy that apparently triggered a massive cyberattack on Sony Pictures by North Korea — earned $15 million in its first weekend of online distribution, there’s been another “Interview”-related payday as well: A mobile app pretending to download the...
Apple Pay, ATMs and even traditional B2B financial-transfer systems will be the top targets of a new wave of payments-oriented cyberattacks in 2015, according to predictions by security vendor Kaspersky Labs. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
