Security & Fraud

Company Spotlight
How MasterCard Is Taking Biometrics To The Masses
February 23, 2015

It’s been a little over a week since The White House Cybersecurity Summit, during which U.S. President Barack Obama called upon tech and financial companies to band together to protect consumers from cyber attacks. Among initiatives highlighted during the Summit was MasterCard’s $20 million investment...

PayPal Amps Up Cybersecurity Plans
February 23, 2015

Cybersecurity is the buzzword flooding the payments and commerce space. No matter which company, the narrative is all about security breaches and how to be proactive in combatting attacks — this includes protecting email. And last week, PayPal shared its take on how the company is...

Financial Inclusion
Santander’s Deal To Ease Bank Account Access
February 23, 2015

Santander Bank will relax its standards for approving new checking and savings accounts under a deal announced on Friday (Feb. 20) with New York’s attorney general. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

JPMorgan’s Military-Style Cybersecurity Response
February 20, 2015

JPMorgan Chase is not taking cyberthreats lightly. On the contrary, it has chosen to respond to them with military-grade strength when it comes to staffing its new cybersecurity unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Europe
Were Gemalto’s Encryption Keys Stolen By Spies?
February 20, 2015

Gemalto, the Netherlands-based firm that is also the world’s largest manufacturer of SIM cards, is currently investigating whether or not its encryption keys have been lifted by US and UK spies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

News
Latest Payments Breach Is Gaming Site
February 20, 2015

Seattle-based casual gaming company Big Fish Software notified customers last week that its billing and online payment systems were infected with malware, according to SC Magazine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Anthem Racks Up Two More Lawsuits
February 20, 2015

Lawsuits are piling up over the data breach at Anthem, the second-largest U.S. health insurer, that exposed personal data about 80 million individuals. The latest was filed on Wednesday (Feb. 18) in Denver, the Denver Post reported. Get the Full Story Complete the form to...

Payment Card-Stealing Malware Creator Pleads Guilty
February 20, 2015

The Swedish mastermind behind malicious software that was used to steal payment card data and passwords from thousands of computers pleaded guilty in a U.S. federal court on Wednesday (Feb. 18), Bloomberg News reported. Get the Full Story Complete the form to unlock this article...

Google Bags Kenyan Payments Scheme
February 19, 2015

Google announced on Feb. 16 that it will be terminating its Kenyan cashless payment program BebaPay on March 15, in a move that is being described as a quiet retreat from the payments space. Get the Full Story Complete the form to unlock this article...