Security & Fraud

Security & Fraud
The Authentication Crack In Bureau Data
July 05, 2016

Canada just said that it was OK for FIs to use “non-traditional” data sources to validate a consumer’s identity. It’s seen as a big victory for thin-file customers, and an important crack in the “it always has to be bureau and nothing but the bureau”...

Transitioning From Paper To Virtual Payments, With A New Precept
July 05, 2016

B2B firms are making the switch from paper checks to electronic transactions – but the transition sometimes needs a technological nudge. TSYS’ Virtual Payment Precept adds security and speed to transactions though virtual accounts, as the company explains.

Why Lyft/Uber Settled Without Taking Money
July 04, 2016

The legal dispute between Uber and Lyft — complete with accusations of spying flung back and forth and a reported hack by a former employee — ended in a settlement last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
One-Star Amazon Review Garners Shopper Threats
July 04, 2016

A security developer may be regretting the negative review he left for a product on Amazon. 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...

Security & Fraud
CFPB Recoups $24.5M For Consumers Hit With Illegal Payment Collection
July 01, 2016

The Consumer Financial Protection Bureau said Thursday (June 30) that it has, through the first four months of 2016, recovered $24.5 million for consumers harmed by illegal auto finance and other types of loans. Get the Full Story Complete the form to unlock this article...

Security & Fraud
Google’s Security Team Finds Slew Of Symantec, Norton Flaws
July 01, 2016

Critical vulnerabilities in Symantec and Norton security products were discovered by Google’s “project zero” team, Fortune reported on Wednesday (June 29). 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
ACLU Challenges Constitutionality Of Anti-Hacking Law
June 30, 2016

The American Civil Liberties Union heads to federal court to fight the constitutionality of an anti-hacking law. 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...

Security & Fraud
Noodles & Co Reports Potential Data Breach
June 30, 2016

Fast-casual restaurants are supposed to be exactly that — quick enough on the back end to get food out to customers and convenient enough so that ordering, eating and paying are all low-stakes affairs. At least they used to be at Noodles & Co. Get...

Visa Claims Walmart Acting ‘In Bad Faith’
June 30, 2016

In the legal battle heating up over identification – and consumer choice – used to authorize EMV debit payments at Walmart stores, Visa said Wednesday (June 29) that the world’s largest retailer “secretly configured” payment terminals to accept only personal identification numbers (PINs) when chip cards were...