Cash may be losing its place as a go-to payment method for consumers, but according to the European Union’s law enforcement agency Europol, cybercriminals are revitalizing the use of cash as a preferred method to launder the proceeds of their crimes. Get the Full Story...
How much are consumers really addicted to their smartphones? Well, when it comes to mobile banking, the answer is quite addicted. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
With cyberattacks and data security threats looming at insecure access points, organizations must make improvements to their risk management programs in order to keep pace with the latest risks and challenges, according to the “2015 Vendor Risk Management Benchmark Study.” Get the Full Story Complete...
Gimbal, a mobile technology company based in San Diego, said Tuesday (July 7) that it is launching a Bluetooth Smart (low energy) beacon for use across a variety of devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Federal Reserve is mandating that Banco Santander SA make sweeping changes in its risk management practices at its U.S. unit, The Wall Street Journal reported Tuesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While all eyes are on cyberattacks and security breaches, a new type of fraud made out of a single phone call is a harsh reminder that technology cannot protect from a human — even if honest — error. Get the Full Story Complete the form...
JPMorgan will pay $136 million — $11 million more than had been initially anticipated — to settle U.S. state and federal probes into the bank’s practices around the buying and selling of consumer credit card debt. Get the Full Story Complete the form to unlock...
The Federal Trade Commission is cracking down on payday loan operators accused of withholding millions of dollars from consumers by keeping them attached to loans that were never authorized, the FTC announced today (July 7). Get the Full Story Complete the form to unlock this...
Just three business days after PayPal announced it will acquire international money transfer provider, Xoom, for $890 million in an all cash deal, an investigation into the deal has surfaced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
