Security & Fraud

News
Retail Banks Will Spend $16.6 Billion On Digital Tech Push In 2015
June 30, 2015

U.S. retail financial institutions including thrifts and credit unions will spend about $16.6 billion this year on digital information technology initiatives. IDC Financial Insights reported Monday (June 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Banking Malware Getting Tougher To Block
June 30, 2015

A recent study by SecurityScorecard reveals one thing no retail bank wants to admit: That malware is getting more sophisticated and tougher to block. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Is Magento’s eCommerce Platform A Risk To Payments Data?
June 29, 2015

Are hackers sneaking into eBay’s eCommerce platform Magento and stealing payment data? 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...

UK Agencies Take Out Cybercriminal Gang
June 29, 2015

Investigators from six different European countries, supported by Europol and Eurojust, joined together to bring down a cybercriminal group in Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Fed Chief Speaks Out On Payments Security And Faster Payments
June 29, 2015

Security is increasingly becoming a key concern for the U.S. payments system and remains one area among several that mark the need for system-wide improvement, Federal Reserve Bank of Kansas City President Esther George said in a speech Friday (June 26). Get the Full Story...

IoT Market May Be Worth $11 Trillion In 10 Years
June 29, 2015

The Internet of Things, in which everyday items ranging from toasters to cars to buildings and factories are all connected to the Web, could be a multitrillion dollar market over the next decade. Get the Full Story Complete the form to unlock this article and...

UK Cybersecurity Firm Gets $1.6B Value Post IPO Price
June 29, 2015

Sophos, the IT security firm, revealed the pricing of its initial public offering, bringing the total valuation of the company to £1 billion and marking one of the largest flotations by a technology company in the U.K., TechCrunch reported late last week. Get the Full...

Here A Token, There a Token…
June 26, 2015

It’s a tokenization world and merchants are just living in it. TokenEx CEO Alex Pezold says that’s sort of a problem – since, above all, merchants don’t want a solution that locks them in to a player or set of technologies that don’t meet their...

EMV’s Big Cardholder Education Gap
June 25, 2015

JAVELIN released a report on Wednesday (June 24) that examined the state of awareness and readiness among EMV card users. And though the industry itself may be lurching toward the Oct. 2015 deadline, the opportunity is still there for education. Get the Full Story Complete...