May 10, 2024
Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency
As digital becomes an operational imperative, so too does enterprise cybersecurity. Progress must be protected. With the news Thursday (May 9) that Dell suffered a security breach earlier this year that resulted in the...
May 10, 2024
Progress and Protection: Balancing Convenience and Security in Digital Banking
Digital transformation continues to fundamentally reshape the financial industry, promising unparalleled convenience through advancements such as artificial intelligence (AI), open banking and real-time payments. It also opens doors to both...
May 09, 2024
Biden Administration to Propose Cybersecurity Standards for Hospitals, Other Entities
In response to a recent cyberattack that exposed the data of 100 million Americans, the Biden administration reportedly intends to require hospitals to meet minimum cybersecurity standards. Deputy National Security...
May 09, 2024
Online Merchants Grapple With Surge in Sophisticated Counterfeit Goods Scheme
The internet has been both a blessing and a curse to society and commerce alike. And with the news Wednesday (May 8) that a criminal network of over 75,000 fake eCommerce...
May 09, 2024
EarnUp Unveils Text-to-Pay for Mortgage Payments
FinTech-as-a-Service firm EarnUp is enhancing its platform to expand mortgage payment methods. Lenders and servicers using EarnUp’s platform can now enable borrowers to pay via text using their debit cards, the company...
May 08, 2024
Experts Say OpenAI and Amazon Are Keepin’ It Real for...
In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between what’s real and what’s not....
May 08, 2024
Nearly Half of Enterprise Merchants Are Beefing Up Security Online
Eighty-two percent of eCommerce merchants experienced cyberattacks or data breaches in the last year, according to PYMNTS Intelligence’s “Fraud Management in Online Transactions. The study was based on surveys with 300 heads...
May 08, 2024
MGM Hackers Reportedly Targeting Banks and Insurers
Last year, a group called Scattered Spider pulled off a massive hack targeting casinos. Now, this mysterious collective has apparently turned its attention to the banking and insurance sectors, cybersecurity researchers told...
May 08, 2024
Quantum Computing May Boost AI Capabilities
Quantum computing and artificial intelligence (AI) are converging, promising to push computing boundaries to transform industries and accelerate discoveries. Quantum computers harness quantum mechanics principles to perform complex calculations. They...
Digital bill pay, while routine for most consumers, poses challenges such as fraud, friction and limited payment options — particularly in the utilities sector, where consumer trust is low. This edition of the “Money Mobility Tracker®,” a collaboration with Ingo Payments, examines how billers and financial institutions can earn trust among consumers.
There’s no shame in asking for help. Eighty-two percent of merchants experienced a cyber or data breach in the last year, and PYMNTS Intelligence’s latest study of 300 eCommerce executives, “Fraud Management in Online Transactions,” a collaboration with Nuvei, details merchants’ thoughts about fraud prevention, finding that outsourced methods correlate with fewer failed payments.