Search results for "security"

April 15, 2024
FinCEN Warns Banks to Watch for Passport Card Fraud

Federal authorities are warning banks against the rising threat of passport card fraud. The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Department of State’s Diplomatic Security Service (DSS) issued a...


April 15, 2024
Third-Party Vendors Emerge as Data Security Threat

In today’s digitized operating environment, a business is only as good as its cyber defenses. And with Change Healthcare reportedly facing a new ransomware attack following an earlier massive breach in...


April 15, 2024
EU Launches Probe into Broadcom’s VMware Tactics

The European Commission has launched an investigation into Broadcom following alterations to VMware’s software licensing and support terms, raising concerns among EU business users and a trade group. This inquiry...


April 15, 2024
Retail Personalization Is About More Than Just Sending Offers

As merchants look to set their offerings apart to win shoppers’ loyalty, personalization is key. That means more than just using artificial intelligence (AI) to calculate the right targeted promotion...


April 15, 2024
States Tighten Data Privacy Laws In Response to Evolving Digital...

California’s landmark privacy legislation, the California Consumer Privacy Act (CCPA), which grants consumers the legal authority to instruct businesses not to sell their data, has entered a new phase of...


April 15, 2024
What Generation Z Wants From Their Bank

There are 69 million consumers in the U.S. who are between the ages of 12 and 27. They are described as the first digitally-native generation — a generation that has...


April 15, 2024
Cisco’s AI Chief Says Technology Will Enhance Workplace Productivity

From enhancing productivity and efficiency to revolutionizing customer experiences, artificial intelligence (AI) could reshape the future of work and commerce. PYMNTS interviewed Javed Khan, senior vice president and general manager of Cisco Collaboration,...


April 15, 2024
Pains and Gains: Conquering Healthcare’s Payment Woes

While tasked with caring for our collective health, the healthcare industry is in need of relief for a condition of its own: a payments ecosystem rife with inefficiencies that have...


April 14, 2024
Regulators Not ‘Dazzled’ by AI Companies’ Attempts to Avoid Scrutiny

Antitrust regulators are reportedly not convinced by artificial intelligence (AI) firms’ suggested hands-off policy. Speaking at an antitrust conference in Washington last week, Federal Trade Commission (FTC) Chair Lina Khan...


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

Two-thirds of Merchants Overlook Potential Fraud as the Cause of 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.