Facebook admitted on Thursday (April 18) that millions of Instagram passwords were available to be seen by employees in a company-wide database, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Social media giant Facebook has admitted that it might have “unintentionally uploaded” the email contacts of 1.5 million new users since May of 2016, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Daimler’s car-sharing service car2go was shut down temporarily Thursday (April 18) in Chicago after a slew of Mercedes-Benz cars were stolen by using the app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
An internal investigation at Deutsche Bank has found that it processed at least €175 million (nearly $197 million USD) in dirty money for Russian criminals between 2011 and 2014. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The New York District Attorney’s (DA’s) office has shut down one of the largest drug vendors on the dark web, sinmed, as well as arrested the three men who allegedly ran it. According to Wired, sinmed made millions of dollars by shipping fentanyl-laced heroin, methamphetamines...
When seven CEOs of the largest banks in the United States gathered on Capitol Hill earlier this month, the topics and questions lobbed at them from members of the House Financial Services Committee spanned all manner of subjects. Get the Full Story Complete the form...
Fraud evolves as the bad guys do, trying to stay one step ahead of technology and risk management efforts. Jack Bloch, SVP SW engineering at ACI Worldwide, tells PYMNTS that rules-based fraud detection and prevention systems are irrelevant to machine learning and pattern recognition.
Just two generations ago, banks generally did business with people known by the financial institution’s employees and officers, lending to “people in good standing in the community,” said Stephen Maloney, EVP of business development and strategy at Acuant, during a recent PYMNTS interview. Get the...
Lyft, the newly public ride-hailing company, announced Monday (April 15) two new initiatives aimed at increasing the safety and security of its platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...