Search results for "security"

April 18, 2023
ACI Worldwide Promotes Fraud Protection Ahead of FedNow Launch

Payments company ACI Worldwide has added its fraud protection service to its Real-Time Payments Cloud. The integration, announced Tuesday (April 18), is aimed at U.S. customers who are preparing for...


April 18, 2023
Tribe Capital Reportedly Interested in Reboot of FTX Crypto Exchange

Tribe Capital is reportedly interested in joining a potential reboot of FTX’s cryptocurrency exchange. The venture capital (VC) firm is considering leading a $250 million fundraising campaign after its co-founder...


April 18, 2023
European Commission Proposes Devoting $1.2 Billion to New Cybersecurity Initiatives

The European Commission has proposed devoting 1.1 billion euros (about $1.2 billion) to new cybersecurity initiatives. The proposal of the European Union Cyber Solidarity Act comes at a time when...


April 17, 2023
FTC Says Proposed Consent Decree Prohibits Nexway From Helping Scammers

A proposed consent decree will prohibit Nexway from providing credit card laundering for tech support scammers. The Federal Trade Commission (FTC) has filed proposed consent decrees in which the multinational...


April 17, 2023
Lloyds Bank Unveils PayMe Payments Service for Businesses

Lloyds Bank has debuted a service that lets businesses make one-off payments within minutes. “Through Lloyds Bank PayMe, businesses do not have to gather or manage account information or register...


April 17, 2023
Shaq Served in FTX Lawsuit After Three-Month Saga

NBA legend Shaquille O’Neal has been served in a class-action lawsuit tied to FTX’s collapse. Attorneys for the plaintiffs in the case — which accuses O’Neal and several other celebrities...


April 17, 2023
NCR Ransomware Hits Restaurant Customers

NCR has been hit by a ransomware attack that is affecting the capabilities of some restaurants. The incident was discovered Thursday (April 13), caused a single data center outage and has...


April 17, 2023
Montana Lawmakers Vote To Ban TikTok

On Friday, Montana became the first US state to pass legislation banning TikTok on all personal devices. A new was sent to Gov. Greg Gianforte prohibiting TikTok from operating within...


April 17, 2023
Open Banking Is Changing the Payments Game, and Enterprises Must...

Until fairly recently, consumers’ financial data has primarily been something to be hoarded and siloed. Rather than closing off this data, a new generation of solutions powered by connectivity may define...


Digital Fraud
Report: Merchants Fight Data Breaches, Payments Fraud with Employee Education, Cybersecurity Insurance Merchants are all too aware of the risks of fraud and data breaches as more business goes online. In the “Digital Fraud Tracker®,” done in collaboration with and supported by PayPal, Corvus Insurance’s Jason Rebholz explains why businesses must emphasize employee education and require partners to obtain cybersecurity insurance to make sure they’re protected and able to bounce back.
The Role of Fraud Screening in Minimizing Failed Payments

Most eCommerce merchants miss a crucial piece of the security puzzle: Just 33% use screening mechanisms that can identify potential fraud as the cause of failed payments. PYMNTS Intelligence’s latest study, “The Role of Fraud Screening in Minimizing Failed Payments,” a collaboration with Nuvei, draws on insights from 300 executives about the efficacy of eCommerce screening mechanisms.