Search results for "security"

February 27, 2023
Why Is It So Hard to Get Rid of Passwords?

A multifaceted approach to digital identity can shore up eCommerce defenses against risk and fraudsters. And that multifaceted approach, Prove Chief Security Officer and Chief Information Officer Amanda Fennell told...


February 27, 2023
NatWest Rooster Money CEO on Making Money ‘Tangible’ for Cash-Free...

Making financial decisions is part of everyday life, and that means being financially literate is not just a nice to have, but a core life skill for any individual. And...


February 26, 2023
LinkedIn Struck by Recruitment Scam Wave Following Tech Layoffs

LinkedIn has reportedly seen a rash of scams targeting remote workers and jobless tech employees. People seeking jobs on the networking site are instead being cheated out of money as...


February 26, 2023
European Commission Bans Staff From Using TikTok Over Security Risks

The European Commission, the executive power of the European Union, has banned its staff from using TikTok over security fears, reported the BBC.  The move comes amid growing safety and security...


February 24, 2023
House Bill Would Give Consumers More Control Over Financial Data

The House Financial Services Committee chairman, U.S. Rep. Patrick McHenry, has introduced a financial data privacy bill. The North Carolina Republican introduced the Data Privacy Act of 2023 Friday (Feb. 24), saying it modernizes the...


February 24, 2023
CyberSmart Raises £13M to Expand Cybersecurity Solutions for Small Businesses

CyberSmart has raised 12.75 million pounds (about $15 million) in a Series B round. The company — which provides cybersecurity solutions for small- to medium-sized businesses (SMBs) — will use...


February 24, 2023
Food and Energy Inflation Data Hint at Disposable Income Pressure

Inflation is making paying for basics of everyday life — food especially — harder to swallow. Earlier this week, PYMNTS reported that the cost of essentials as a share of disposable...


February 24, 2023
An Industry Insider on Balancing Security With Seamlessness

58% of FIs reported a rise in the cost of fraudulent transactions in 2022, which is why Seth Ruden of First Tech Federal Credit Union says “targeted friction” is essential...


February 24, 2023
PayU Says Better Security Will Drive eCommerce Growth

As payment methods become increasingly digital, there is a need for greater security and online fraud prevention, Daniel Cohen, CPO at PayU Global Payments, writes in the new PYMNTS eBook,...


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.