As computers become more and more powerful and start to utilize quantum technology, today’s security measures, like encryption, will increasingly be at risk, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate false positives and boost compliance processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Drivers on Interstate 285 in Atlanta likely thought they had come into some quick cash when $175,000 recently fell out of an armored truck. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Google has suspended a fraudulent mobile app that claimed to offer system-level Android updates to smartphones. 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...
Punjab National Bank revealed that it had been defrauded $556 million from a struggling borrower, Bhushan Power & Steel, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.K. Information Commissioner’s Office (ICO) has fined British Airways over £183m for a data breach involving the theft of more than half a million users’ data, including login info, card information, names, addresses and booking information, according to a report by The Guardian. Get...
7-Eleven Japan had to suspend the mobile payments feature on its 7Pay app due to a security flaw that affected around 900 people. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In payments fraud, it pays — literally — to change up the game a bit. 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,...
An Italian data protection regulator hit Facebook with a fine of €1 million ($1.1M) for violating local privacy laws in relation to the Cambridge Analytica scandal, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...