The Federal Trade Commission (FTC) announced that it is sending out more than 430,000 checks totaling more than $10 million to those impacted by Netspend’s prepaid mastercard misleading claims over its reloadable prepaid debit cards. Netspend serves those without a bank, specializing in providing prepaid Visa...
Altaba, the holding company for Yahoo assets, announced on Monday (Sept. 17) that it has sold the remaining shares of Yahoo Japan. The transaction was completed last week, but the company was restricted in announcing it until Monday. Altaba also said it settled the lawsuits...
In 2016, $81 million disappeared from Bangladesh’s central bank. It could have been a lot worse — hackers tried to get away with $1 billion. U..S court filings this month may have revealed whodunit — and how. The cyberattack made off with the bucks via...
AT&T, Sprint, T-Mobile and Verizon have joined forces to create a new service that could eliminate the need for a login and password for all the apps on your phone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
PYMNTS examines the latest threats to digital banking platforms, and how FIs are looking to stop fraudsters in their trackers.
Ant Financial, the payment affiliate of Alibaba, pushed back on a Wall Street Journal report that alleged the company used Equifax intellectual property to create its credit rating product. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
F-Secure, the security firm, announced Thursday (Sept. 13) that consultants for the company have found a weakness in all modern computers that hackers could use to steal encryption keys and other data. Get the Full Story Complete the form to unlock this article and enjoy...
Before it was the victim of a massive data breach that exposed the personal information of 143 million customers, Equifax was worried that sensitive data had been stolen by Chinese spies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A new report has revealed that financial institutions (FIs) were hit with 81 million cybercrime attacks in the first half of 2018, with 27 million of those breaches targeting the mobile channel. Get the Full Story Complete the form to unlock this article and enjoy...