Search results for "data breaches"

January 24, 2024
Fraud Concerns Leave Consumers Skeptical of Payment Data Aggregation Apps

Payment fraud incidents have been on the rise, increasing 88% since December 2021, PYMNTS Intelligence research reveals. For instance, 11% of consumers who paid for groceries experienced payment fraud in March...


January 24, 2024
UK Cyber Agency: AI Will Lead to More Ransomware Attacks

The threat of ransomware could soon grow thanks to the rise of artificial intelligence. That’s according to a new report by the United Kingdom’s National Cyber Security Centre, which said...


January 22, 2024
Amazon Employees Debate Idea of Charging for Alexa

Would you pay a subscription to use Amazon’s voice assistant Alexa? Inside the company, that’s apparently the subject of some debate. A recent Business Insider report — citing internal documents...


January 18, 2024
EU Investigates 17 Tech Giants for DSA Compliance

The European Commission announced on Thursday that it has taken a significant step in enforcing the Digital Services Act (DSA) by sending requests for information to 17 major tech companies,...


January 18, 2024
Chiplet Technology May Be Poised to Transform Payment Systems

It’s said the whole is other than the sum of its parts, but often, it is the parts that are more interesting — and more malleable. Human history has been...


January 18, 2024
Is Data “The New Oil”? Non-Price Effects of Mergers In...

In recent years, antitrust authorities and industry observers have called for closer scrutiny of the non-price effects of mergers in data-intensive industries. Many of the concerns expressed focus on businesses...


January 17, 2024
JPMorgan Ups Cyber Defenses as Scam Attacks Rise

Banking giant JPMorgan Chase is not immune to the recent, global surge in cybercrime. Speaking at the World Economic Forum’s summit in Davos Switzerland, Mary Callahan Erdoes, head of the bank’s asset...


January 16, 2024
OpenAI Working With Pentagon on Cybersecurity, Veteran Suicide Prevention

OpenAI is reportedly working with the United States military on a number of projects. The creator of ChatGPT is working with the Pentagon on cybersecurity tools and has had talks with...


January 16, 2024
Elon Musk’s AI Warning Raises Governance Concerns at Tesla

Tesla CEO Elon Musk’s recent warning about diverting AI and robotics development outside the company unless granted more voting control has raised eyebrows among governance experts and analysts. Musk expressed...


Authenticated Payments
Single Sign-On Bridges The Authentication Gap Customer authentication walks a tightrope between seamlessness and security, but single sign-on (SSO) systems can bridge this gap using a single password administered by third parties like Facebook or Google. In this month’s “Authenticated Payments Report,” a PYMNTS and LoginID collaboration, Clay McDaniel, CEO of Ripl, outlines how SSO solutions can safeguard the payments process while sparing users from managing countless usernames and passwords.