As has historically been the case with commerce security upgrades that roll in by government mandate, the path to European Union adoption of 3D Secure 2.0 (also known as “3DS 2.0” or “EMV 3DS”) has been a rocky road. It’s been replete with stumbles and...
Entrust, an identities, payments and data protection firm based in Minneapolis, on Monday (Oct. 19) announced that its Sigma Instant Desktop Issuance product will set “the standard for simple, secure and smart instant-ID solutions across enterprise, healthcare, government, higher education and financial institutions (FIs).” According...
British Airways (BA) must pay a $25.8 million fine for lacking the proper security measures that might have prevented a hacker in 2018 from exposing the financial details of more than 400,000 customers, the U.K.’s Information Commissioner’s Office (ICO) said on Friday (Oct. 16). Get...
European and American officials have arrested 20 people from numerous countries for belonging to an international ring called QQAAZZ that laundered millions of euros via malware schemes from cybercriminals, The Associated Press (AP) reported. Get the Full Story Complete the form to unlock this article...
A recent hack compromised around 2,000 Robinhood Markets accounts, suggesting the attacks were more widespread than previously realized, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The FBI is warning homebuyers to be on the lookout for internet criminals who are sneaking into online conversations between buyers and mortgage companies or other participants in the sale process and providing false instructions that dupe purchasers into wiring funds to the criminals’ accounts,...
When Jumio acquired anti-money laundering (AML) solutions platform Beam last week, the move was more significant than simply adding AML strength to its onboarding platform, Jumio’s Chief Product Officer Philipp Pointner told PYMNTS in a recent conversation. Get the Full Story Complete the form to unlock...
Wells Fargo has fired over 100 employees for allegedly improperly collecting COVID-19 relief funds, according to sources quoted by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
