Security & Fraud

Security & Fraud
Report: India’s National Payments Corp Vulnerable To Security Breaches
July 30, 2020

National Payments Corp. of India (NPCI), the nation’s  payments processor, uncovered more than three dozen security risks last year, 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...

Security & Fraud
Germany Asks For Interpol Help To Find Ex-Wirecard COO
July 30, 2020

Germany is seeking help from Russia to help locate missing Wirecard executive Jan Marsalek, The Wall Street Journal (WSJ) 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....

Security & Fraud
German Finance, Economy Ministers Questioned Over Wirecard Collapse
July 29, 2020

German Finance Minister Olaf Scholz and Economy Minister Peter Altmaier faced hours of questioning by Parliament Wednesday (July 29) over allegations they failed to prevent the Wirecard AG accounting scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Almost Half Of Wirecard’s Debt Stemmed From SoftBank’s $1B Investment
July 29, 2020

SoftBank Group Corp., the Tokyo-based multinational conglomerate that owns stakes in technology and finance companies, invested $1 billion in Wirecard AG last year in a move that quieted questions about the German payment processing firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
The Latest Digital Fraud Prevention Technique: Build A Selective Lock
July 29, 2020

When one stops to consider how fast merchants pivoted to offer their consumers digitally-enriched shopping journeys and how many things customers can do now that they couldn’t as recently as January, it’s pretty staggering. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Visa, Mastercard Fined Wirecard Millions
July 27, 2020

Long before alarm bells sounded at Wirecard AG, the now-insolvent German payments processing company, there were red flags. 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
FinTech Dave Reports Data Breach Involving 7.5M Users
July 27, 2020

Hackers boasting that they have “cracked” some of the hashed passwords stolen from digital banking aggregator Dave may be one of the most disturbing elements to emerge from the cyberheist that exposed the private information of millions of users, a top expert notes. Get the...

Security & Fraud
German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
July 27, 2020

For the second time in four days, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
Instacart Blames Reused Passwords For Account Hacks
July 24, 2020

Instacart, the U.S. and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web. Get the Full Story Complete the form to unlock this article and enjoy unlimited...