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Familiarity doesn’t breed contempt in payments security; it builds breaches — the kind that linger and cost billions of dollars in losses tied to fraud. The synthetic ID may be fraudsters’ weapon of choice these days, but technology can help turn the tide, according to GIACT Systems’ Executive Vice President of Product David Barnhardt. In...
Harvey. Irma. Jose. Maria. Even those who were not directly hit by one of these recent, dramatic and devastating hurricanes are feeling the emotional impact after watching these mega-storms wreak havoc across the southern part of the U.S. and surrounding islands. Get the Full Story...
U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton, who was recently interrogated in a Senate hearing over a cyberattack of the government agency’s EDGAR database for corporate filings, said he thinks his predecessor, Mary Jo White, had no knowledge of the data breach that...
Here we go again. 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 our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...
Adding this week to Equifax’s list of unhappy individual and groups to deal with — a list that already includes its banking partners, Congressional legislators and the 143 million or so people whose data has been compromised — is San Francisco City Attorney Dennis Herrera, who...
Consumers are generally accustomed to using a fingerprint to unlock their banking apps - but, are they willing to use their face - and do they think it’s secure? In this month’s PYMNTS Digital Identity Tracker™, powered by Socure, Hari Gopalkrishnan, managing director of consumer...
Already facing so many questions about a breach that sent much of the U.S. adult population’s personal information into the hands of hackers worldwide, Equifax now gets to answer a whole new set of questions about why exactly it bought an identification protection service called ID...
The Fair Isaac Corporation — better known as FICO — has filed an application with the U.S. Patent and Trademark Office for a system designed to detect unusual and potentially fraudulent transactions. Get the Full Story Complete the form to unlock this article and enjoy...