February 27, 2015
China Cuts Apple Off Its Purchasing List
When Reuters reported exclusively last Wednesday (Feb. 25) that China would no longer allow federal agencies and departments to procure products from several major corporations – including Apple and Cisco...
February 26, 2015
NY Regulators Target Money Laundering
New York bank regulators are considering massive programs to audit large banks’ cybersecurity and anti-money-laundering (AML) systems, The Wall Street Journal reported. In a speech at Columbia University on Wednesday...
February 25, 2015
Anthem Breach Put 8.8 Million Non-Customers’ Data At Risk
Following the announcement earlier this month of a massive cyberattack, Anthem has more good news to share with the American public today. While most companies breached by computer criminals only...
February 24, 2015
Wall Street Banks And Law Firms Pairing Up To Take...
That banks are under constant threat of cyberattack is well known – just last week PYMNTS reported on an international bank hack that robbed 100 banks worldwide of an estimated...
February 23, 2015
Mobile Payments’ Red Carpet
Who’s Walking Mobile Payments’ Red Carpet? Let’s face it; you don’t have to see a single movie nominated for an Oscar to love the Oscars. The real reason that...
February 23, 2015
Gemalto Sees No Evidence That Its Encryption Keys Were Boosted...
After reports last week that Gemalto had seen the encryption keys for its SIM cards stolen by the NSA and GCHQ , the Dutch company has officially responded that its products...
February 23, 2015
How MasterCard Is Taking Biometrics To The Masses
It’s been a little over a week since The White House Cybersecurity Summit, during which U.S. President Barack Obama called upon tech and financial companies to band together to protect...
February 23, 2015
PayPal Amps Up Cybersecurity Plans
Cybersecurity is the buzzword flooding the payments and commerce space. No matter which company, the narrative is all about security breaches and how to be proactive in combatting attacks — this...
February 20, 2015
JPMorgan’s Military-Style Cybersecurity Response
JPMorgan Chase is not taking cyberthreats lightly. On the contrary, it has chosen to respond to them with military-grade strength when it comes to staffing its new cybersecurity unit. In...
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.