Security & Fraud

Security & Fraud
PayPay Vows To Strengthen The Security Of Its Payment App
December 17, 2018

Japanese payment provider PayPay said Monday (Dec. 17) that it will strengthen the security of its app after receiving several complaints from users about charges that were made in error. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
EMVCo Updates Protocol To Prevent CNP Fraud
December 17, 2018

EMVCo, the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions,  announced late last week that it published the EMV 3-D Secure Protocol and Core Functions Specification v2.2.0. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Equifax Settles With NY AG Over App Security
December 16, 2018

The Office of the New York State Attorney General Barbara Underwood announced late last week it reached settlements with five companies whose mobile apps failed to keep user data safe when it was being sent over the internet. Get the Full Story Complete the form...

Security & Fraud
Chinese Hackers Target Navy Contractors To Steal Military Secrets
December 14, 2018

Chinese hackers have targeted U.S. Navy contractors and subcontractors to steal classified military information, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Facebook: API Bug May Have Exposed 6.8 Million Users’ Photos
December 14, 2018

A photo API bug may have affected 6.8 million Facebook users who gave permission for third-party apps to access their photos, according to a post by the company on Friday (Dec. 14). Get the Full Story Complete the form to unlock this article and enjoy...

Security & Fraud
Senators Call For Deutsche Investigation
December 14, 2018

Two senators are calling for a banking committee investigation of Deutsche Bank’s compliance with U.S. safeguards against money laundering. According to Bloomberg, Senator Elizabeth Warren and Senator Chris Van Hollen sent a letter to the committee chairman Senator Mike Crapo, asking for an investigation into...

Security & Fraud
Vocalink: Freezing Mule Accounts With AML Tech
December 14, 2018

Whoa, mule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from...

Security & Fraud
AriseBank To Pay $2.3M Over ICO Violations
December 13, 2018

AriseBank, a startup that ran afoul of regulators in the U.S. with its initial coin offering (ICO), agreed to pay $2.3 million, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Security & Fraud
Govt. Cyberattacks May Be Linked To Lazarus Group
December 12, 2018

Dozens of companies around the world were infiltrated by hackers using malicious software programmed to steal information, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...