data security

Navigating The New World Of Digital Trust

It is often a flexible, rarely precise concept, around which centuries of philosophical, political and artistic debates have revolved: trust. In business...

WEF Recruits Russia’s Sberbank To Combat Cybercrime

The World Economic Forum (WEF) has reportedly begun recruiting banks to combat cybercrime, beginning with Sberbank in Russia. A press release sent...

Global GDPR Compliance Rates Remain Low

Compliance of General Data Protection Regulation (GDPR) rules remain low across the globe, according to the latest research from Dimensional Research. Reports...

Supply Chains Stumble Through GDPR Compliance

The European Union (EU) General Data Protection Regulation (GDPR) came into effect in May, but most businesses in the region still aren’t...

Apple Boots Facebook Security App From App Store

Facebook has removed its data security app from Apple’s App Store because it violates Apple’s data collection policies. With the app, called...

Jumio On The Laws Of Big (Scary) Data Breach Numbers

DadeSystems: Single Sign-On Helps Companies Manage App Access

Mobile apps aren’t just about convenience: Business apps also handle sensitive information, such as checks, security and control over user access, which...

The Changing Omnichannel Expectations Of Consumers

Traditional brick-and-mortar retailers are rolling out omnichannel options. To that end, Home Depot has been installing lockers in many of its locations to allow customers...

Moving Beyond Tokenization’s ‘Automagic’ Buzz

Beware complacency in anything, but especially in data security. Technology has a way of lulling people into a false sense of security,...

Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities

The revelation that U.S. businesses, more often than not, pay their suppliers via paper check still draws quizzical reactions from professionals abroad....

AI, Security And Loosened Rules: How The US Wants To Boost FinTech

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could...

What’s Next For Google And Facebook?

It’s simplistic, misleading and oh-so-very-macho to depict Google and Facebook as two titans that stepped into the ring this week, with one...

NEW DATA: It Costs Travel Services Providers 5.4 Percent Of Sales To Process Payments — Here’s Why

The global travel industry generates approximately $1.4 trillion in revenue annually and, in doing so, spends 5.4 percent of its revenue processing...

Can Online Data Be Truly Portable? Industry Heavyweights Think So.

It’s easy to imagine the appeal: Transferring loyalty program data from one grocer to another, moving image data from a social media...

European Commission Looking Into Thales’ Proposed Acquisition Of Gemalto

Gemalto, the digital security company that is being acquired by Thales, the French aerospace and defense company, will see the European Commission...

How Dallas Cowboys’ Lewis Neal Wants Companies To Tackle Data Security

From blocking and tackling on the gridiron to blocking and tackling Internal threats and hackers – and quantum computers? HyperSpace board member...

SEC Investigates Facebook Again On Data Security

The Securities and Exchange Commission is once again investigating Facebook, this time looking into whether the social media giant adequately warned investors...

FTC: Fair Credit Reporting Act Still Top Priority

The Federal Trade Commission testified on Thursday (July 12) that enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority....

India Could Relax Rules On Data With Payment Companies

The Ministry of Finance in India is proposing that the government relax a directive that would require global payment firms to store...

FinTech Follows Open Banking As It Spreads Across Borders

The U.K.’s Open Banking regulation made waves in the financial services market, and those effects have been felt far beyond the U.K.’s...

How TV Can Support Digital Marketing And Online Payments

By the cultural standards of today, the technology is ancient, born amid hot jazz and bootleg booze, when memories of the slaughters...

Maintaining Compliance In A Market Of Bank-FinTech Tie-Ups

The vast majority of traditional financial institutions (FIs) plan to increase their collaborative efforts with the FinTech world, according to a PwC...

Facebook Granted AOL, Nike, UPS Access To User Data

Facebook is involved in another scandal involving improper access to its user data. This time, the site has admitted that it gave...

The Building Block(chain) Of Trust In The IoT’s Data Deluge

The data deluge is here, rendered across devices from smartphones to smart fridges to smart cars to fitness trackers. And where there’s...

38 Percent Of Local Governments Vulnerable To Cyberattacks

New research shows that 38 percent of public-sector entities will suffer a ransomware attack this year, up from 31 percent last year...

Is The GDPR Coming To The US?

Imitation is the sincerest form of flattery, right? If so, some European regulators might like what’s going on with California in regards...

Matching Digital Security To Digital Services

Consumers are leading lives that are increasingly digitally mediated, particularly as their commerce lives are increasingly defined by multichannel interactions. There are...

In FinServ’s World Of Strict Rules, Data Management Flexibility Is Key

Far-reaching data protection regulations like PSD2 are both a consequence and catalyst of change in how financial service providers store, manage and...

Is the GDPR Encouraging Phishing Scams?

Skillful criminals know how to use crowds — just ask anyone who has been pickpocketed in a subway station. Now that principle...

Fraudsters Go Omnichannel

As commerce goes increasingly digital, the bad guys are going omnichannel. More and more, according to Luke Reynolds, CPO at Featurespace, fraudsters...

Let’s Talk About European Attitudes Toward US Tech Firms

It’s beginning to feel like two kids talking smack in a high school hallway — except, in this case, billions of dollars...

FBI Says Russian Hackers Have Compromised Routers

U.S. authorities said Friday (May 25) that Russian hackers had “compromised hundreds of thousands of home and office routers and could collect...

Amazon: How Financial Services Firms Use The Cloud For A Power Boost

Among the enduring promises of computer technology is that it would give the “little guys” — all those Davids struggling to compete...

Was A Massive Cyberattack Just Prevented?

The Federal Bureau of Investigation (FBI) is dismantling a “large network of hacked routers and storage devices” that could have enabled a...

Five At Five: A New CEO For Lowe’s

Welcome to Five at Five, your late look at the payments and commerce news you might have missed. Today’s stories take a...

To Earn Customer Trust, Rethink Digital Identity

Welcome to the new world of trust. Identity is the new currency, and the costs of mishandling it – or making it...

Wells Fargo Accused Of Manipulating Business Banking Data

It’s happened again. Wells Fargo on Thursday (May 17) was facing accusations that its employees altered customer data, this time in a...

Tim Cook Commencement Speech Takes Jab At Facebook

Apple CEO Tim Cook used a commencement speech at Duke University to take a few more jabs at Facebook and its recent...

New Medicare Cards Are Hitting Mailboxes along the East Coast

The new Medicare cards are on their way to consumers, a process that includes giving users of the health payment service numbers...

Access Group Education Leaks Data On Student Loan Borrowers

Access Group Education Lending, the student loan servicing company, has been the subject of a data breach. Fox Business, citing a letter...

GDPR’s Data Breach Notification Requirements Tripping Up Businesses

The U.K. is only weeks away from bringing its Global Data Protection Regulation (GDPR) rules into effect, and corporates are ill-prepared for the data...

Former SunTrust Employee Tried To Steal Data On 1.5M Clients

SunTrust Banks has revealed that a former employee tried to download information on nearly 1.5 million clients and share it with a...

Mastercard Files Patent To Use Blockchain To Protect Identity Data

Mastercard has filed a patent that reveals it might utilize blockchain as a way to protect identity data. The application, which was...

What Everyone Missed About Facebook

There are any number of conclusions one might draw after watching the Facebook hearings on Capitol Hill last week. That most of...

Paya President: Integrated Payments And What Matters Most

Buy vs. build -- or partner? The lines between software companies and payments firms are blurring, which means strategy must change, too....

SIFMA Issues Framework For Data Sharing Between Banks And Apps

The Securities Industry and Financial Markets Association (SIFMA), the trade group for the financial industry, released a framework on Thursday (April 12)...

Even Mark Zuckerberg’s Data Ended Up With Cambridge Analytica

Facing his second congressional hearing in Washington this afternoon (April 11), CEO Mark Zuckerberg told lawmakers that he was among the 87...

How Retailers Are Adapting Their Digital Strategies To The Omnichannel Age

Even though BJ’s isn’t as large as its warehouse club counterparts — Costco or Sam’s Club — the retailer packs an omnichannel punch. Last fall, for...

What We Will Hear When Mark Zuckerberg Is On The Hill

In advance of Wednesday’s much-anticipated Senate hearing, Congress has released Facebook CEO Mark Zuckerberg’s planned remarks to members of Congress. The comments...

Regulatory Tracker: Blockchain At The State Level, FinTech Sandboxes Go Global — Maybe

Blockchain at the State Level In legislative news, a bipartisan bill is making its way through Congress that urges government agencies to...