If fraud attacks are the flu, then the Equifax data breach was a raging fever: a symptom (albeit a dramatic one) of a larger illness that will almost inevitably infect any organization that hasn’t had its shots. Get the Full Story Complete the form to...
What do consumers want? Merchants think they have the answers: ease, efficiency and instant gratification. Oh, and security, too – but not at the expense of that frictionless user experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
According to security software company Symantec’s “Q2 Mobile Threat Intelligence Report: Mobility and Finance,” 25 percent of the mobile devices used by employees of financial service companies have unpatched security vulnerabilities. Furthermore, the report found 15 percent of these mobile devices have been connected to...
Fraudsters’ methods are always changing. That means, try as they might, banks and financial institutions will never be able to keep all of them at bay. However, Dan McKenzie, Fiserv’s North America director of business development, says keeping fraudsters out isn’t the most important part...
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 communications from PYMNTS...
Tim Sloan, Wells Fargo’s chief executive officer, believes the embattled bank will recover the growth it lost from its fake account scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
According to Paysafe research, nearly 60 percent of Americans feel that becoming victims of fraud is inevitable when shopping online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Saying that payments and their security have reached a “critical juncture,” the U.S. Federal Reserve will be scaling up its focus on payment security and the new technologies that drive it, Federal Reserve board governor Jerome Powell said on Wednesday. Get the Full Story Complete the...
The Federal Trade Commission (FTC) announced Tuesday (Oct. 17) it had obtained a $4.1 million judgment and a ban on a payday lender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
