March 11, 2014
Security Experts Share BlackPOS Experience
Two security experts have shared a recent experience investigating the BlackPOS malware that is at the center of the growing merchant data-breach crisis. In an interview with KrebsOnSecurity, a technology security...
March 11, 2014
Report: Hackers Customized Retailer Malware
The malware used to infiltrate the point-of-sale systems at Target, Neiman Marcus and other retailers appears to have been custom built for each job. Investigators have determined the malware attacks...
March 11, 2014
Counterterrorism Tools Leveraged In UK Cybersecurity Fight
Law-enforcement and government officials in the United Kingdom are turning to tools traditionally used to fight terrorism to prevent debilitating cyberattacks on the country’s financial institutions. Some of the country’s...
March 11, 2014
Defense-Platform Provider Launches Hacking Monitor
Cybereason, developer of an automated cybersecurity defense platform, has launched an new enterprise-level fraud-monitoring system designed to “uncover the operation and stop it in its tracks.” The startup is pitching...
March 10, 2014
FIS, Microsoft Partner On Cybersecurity
FIS and Microsoft have announced a new cybersecurity partnership. The deal includes the integration of FIS officials with Microsoft’s Cybercrime Center, which the company established in November. The two businesses...
March 10, 2014
U.S. Retailers, Banks Team Up On Cybersecurity
A group of U.S. banks, retailers and trade organizations have forged a new partnership to promote the fight against cybersecurity threats. The Retail Industry Leaders Association and The Financial Services...
March 10, 2014
Can Software Make Payments Smarter and More Secure?
Mobile phones can do more than enable a consumer to buy something anytime, anywhere and with any payment method. They actually can be used to make payments smarter, which can...
March 10, 2014
Startup Roundup: Who’s Getting Funded?
04 March 2014 Here’s our Startup Roundup: a (close-to-) comprehensive list of each of the startup companies in payments and/or e-commerce to receive at least $1 million in funding from...
March 10, 2014
Preventing Online Fraud and Building Customer Trust
04 March 2014 Online payment fraud resulted in billions of dollars in losses last year. Stopping fraud without impacting the experience for trusted customers is critical for organizations where any...
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.