May 08, 2024
Visa Teams With Dubai’s MoneyHash on Digital Payment Security
Dubai-based payments firm MoneyHash launched a partnership with Visa. The collaboration is designed to offer secure digital payments for MoneyHash’s clientele in the Middle East/North Africa (MENA) region, who rely on the company’s payments orchestration and...
May 07, 2024
LoanDepot Says ‘Higher for Longer’ Interest Will Keep Challenging Mortgage...
LoanDepot expects the mortgage industry to continue facing a challenging environment. Recent interest rate increases have reduced industry forecasts for market volumes for the year, the company said in a Tuesday...
May 07, 2024
Cloud Security Firm Wiz Valued at $12 Billion After Funding...
Cloud security startup Wiz has reportedly been valued at $12 billion after raising $1 billion. Co-founder and CEO Assaf Rappaport discussed the funding in a Tuesday (May 7) interview with the Wall Street Journal...
May 07, 2024
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime...
In a coordinated effort, authorities from Britain, the United States and Australia have taken decisive action against the activities of the LockBit cybercrime ransomware gang. Dmitry Khoroshev, identified as one...
May 06, 2024
Tech Giants Intensify AI Investments to Strengthen Connected Economy
As businesses seek to strengthen the connected economy, they are harnessing artificial intelligence (AI) to bolster security measures and combat the ever-evolving landscape of sophisticated cyberthreats. Accenture and Oracle announced a joint...
May 06, 2024
New SDNY Cases Show Continued Insider Fraud Threat
Since biblical times, the greatest threats have often come from inside one’s own organization. Et tu, Brute? And recent news from the U.S. Attorney’s Office for the Southern District of...
May 06, 2024
Data Security Is Top Priority as Payments Enter Zettabyte Era
You’ve probably heard it before, but data is undoubtedly the oil of the 21st century. And, just like oil, any data breaches or the equivalent “spills” of consumer information can...
May 03, 2024
What the Future of Work Means for CFOs’ Budgets
Over $38 billion of U.S. office buildings face loan defaults, foreclosures or other distresses. At the same time, many companies are relocating or centralizing their headquarters. That’s why, for today’s CFOs, the cost and cultural balance...
May 02, 2024
New UK Law Spotlights Weak Security Features in Smart Devices
Cybercriminals exploit various avenues to target consumers, with one particularly vulnerable point being bad default passwords. The United Kingdom has taken a step toward closing this security gap by introducing a consumer...
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.