Sections
data security
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6.5KSafety and SecurityWas 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...
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4.6KNewsFive 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...
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5.3KSecurity & FraudTo 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...
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6.7KBank RegulationWells 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...
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4.1KAppleTim 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...
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3.0KFraud PreventionNew 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...
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5.9KSecurity & FraudAccess 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...
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4.2KB2B PaymentsGDPR’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...
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5.4KFraud AttackFormer 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...
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6.7KMastercardMastercard 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...
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8.3KFacebookWhat 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...
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4.9KPayment MethodsPaya 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....
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5.0KDataSIFMA 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)...
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3.7KFacebookEven 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...
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5.2KRetailHow 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...
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3.9KFacebookWhat 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...
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5.5KRegulationRegulatory 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...
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4.8KSecurity & FraudWhy Innovation’s Fast Pace Shouldn’t Slow Down Payments
Every business walks the same tightrope when it comes to processing payments: Convenience versus security. It doesn’t matter if the business is...
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5.7KEarningsEquifax Clears Q4 Earnings Bar Despite More Bad News
Equifax released earnings late Thursday, the same day that it said 2.4 million more individuals in the US fell victim to the...
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2.8KAppleApple’s China Data Conundrum
Where there are servers, data resides. And where there’s data, value exists too — value that may prove alluring to individuals, companies,...
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4.2KAuthenticationEquifax And Entersekt Team Up To Stop ID Fraud
No data is safe in the wake of the Equifax breach – at least not the static kind such as SSNs and drivers’ licenses. Equifax is...
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3.7KB2B PaymentsSMB eInvoicing, With A Responsibility To Both Protect And Share Data
Faster payment schemes are beginning to take root around the globe, and consumer payments are ready to embrace speed. Corporate payments? That’s...
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6.2KDataData Security Needs National Standards, Panelists Tell House Subcommittee
In the wake of breaches that have compromised the data of millions of Americans and companies as far-flung as Equifax and Uber,...
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2.7KFintech InvestmentsUK’s Regulator Warns Banks That Security Won’t Cut It As Excuse To Fend Off Competition
Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), the UK’s financial regulatory watchdog, warned UK banks on Wednesday (Feb. 7)...
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6.0KB2B PaymentsCorporates Unprepared For GDPR, UK Government Warns
A new report released in the U.K. finds companies are unprepared for the upcoming General Data Protection Regulation (GDPR). A press release...
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3.9KB2B PaymentsCapLinked Deploys API To Protect Blockchain B2B Transactions
Enterprise software company CapLinked is rolling out a way to secure data stored on blockchain platforms. This week, the company announced the...
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4.3KB2B PaymentsNo Easy Fix For Freelancers’ FinServ Needs — Even With PSD2
A few bank scandals and research highlighting smaller companies’ frustrations with traditional financial institutions (FIs) have ushered in a wave of challenger...
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3.5KSecurity & FraudUS, Russian Banks Targeted By Hackers In ATM Scam
Moscow-based data security firm Group-IB reported Monday (Dec. 11) that a group of Russian hackers stole close to $10 million from several...
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6.0KB2B PaymentsIgnorance Of Cyber Threat Creates Conundrum For Small Business Data Security
McAfee Labs recently published its 2018 Threats Predictions report, and after a year of high-profile cyberattacks and data breaches, analysts say the...
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4.8KB2B PaymentsDeutsche Bank Acknowledges Complexity, Confusion In PSD2 Implementation
Europe’s Revised Payment Service Directive (PSD2) has yet to come into effect, and some of its guidelines remain in consultation. The EU...
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8.0KFraud PreventionBusiness, Customers Not On Same Page With Securing Personal Data
Centrify, an identity and assessment management (IAM) solution company, revealed on Monday (Nov. 6) the results of a survey that show businesses...
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4.9KB2B PaymentsUK Launches Helpline To Aid SMB Compliance With Upcoming Data Security Law
The U.K. wants to help small and medium-sized businesses (SMBs) adhere to the new European Union’s General Data Protection Regulation (GDPR). The...
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5.7KSecurity & FraudWhat We Can Learn From The KRACK WiFi Loophole
Only you can prevent forest fires. And, as the KRACK WiFi vulnerability perhaps demonstrated, only you can prevent hackers from worming their...
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6.6KB2B PaymentsFinServ IT Professionals Grow Worried As Bank Breaches Climb
Of all the sensitive personal data consumers and businesses would rather not see compromised, financial data is surely toward the top of...
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4.0KCFPBCFPB Releases New Principles For Data Sharing
Facing a world where data aggregation has become increasingly complex and dangerous, the CFPB has released a series of non-binding principles that...
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7.5KPayment MethodsHow Payments, In Context, Become Events
Each event in life is made up of smaller decisions and actions, all combined in moving parts to make a cohesive whole....
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5.1KToday In DataToday In Data: Bank Of America And Biometrics
Following the Equifax data breach, biometrics and data security have come under increased scrutiny as more companies and consumers consider their security-enhancing...
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7.8KNewsWhy Consumers Are Less-Than-Secure Over Payments Security
How secure do you feel when it comes to payments? Perception is not always reality, but it does matter. Consider a survey commissioned...
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6.8KNewsJumio CEO On Finding The Anchor Point For Digital IDV
What to do in the wake of the Equifax data breach: Run? Hide? Freeze credit? That’s just on the consumer side, and none of...
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7.1KB2B PaymentsSome SMBs Dangerously Ignorant Of Cybersecurity Threat
The research is clear: Just because a business is small does not mean it survives undetected from a cyberattack. In fact, some...
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2.9KAppleiPhone 8 Rumored To Come Without Touch ID
It seems like smartphones have been in our lives forever. With the amount of time people spend on these tiny screens, it’s...
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2.0KToday In DataToday in Data: Soaring Global IT Security Spend
As long as there is an open window, a robber will always find a way to get inside the home to take...
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4.6KAppleResearcher Cracks The Apple Watch Code — Here’s What It Means For Forensics
The Apple Watch has been jail-broken, and the researcher who broke the code believes the technique could offer a critical back door...
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4.0KFraud PreventionMost Retailers Feel Like ‘Somebody’s Watching’
In today’’s fast-moving, tech-infused retail arena, one of retailers’ top vulnerabilities centers around their ability to data security. As such, it should...
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4.4KAmazonHacking An Amazon Echo Is Easier Than It Should Be
The conspiracy theorists may be right this time: Cybercriminals could use the Amazon Echo to spy on them. A British security researcher...
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5.1KData DiveWells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove
Most of the drama this week was in Washington. The healthcare debate turned into something that was one aria short of a...
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5.5KSecurity & FraudPSD2 Is Coming To Europe And Bringing Big Changes
Come next year, FIs will need to share consumer data with FinTechs and merchants courtesy of PSD2. In the latest PYMNTS Digital...
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6.6KSecurity & FraudNEW REPORT: Shutting Down PSD2’s New Security Threat
Protecting digital identities is all about keeping up — keeping up with new technology, new regulations and, of course, bad actors. The...
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5.2KB2B PaymentsFIs Hustle As Hackers Ramp Up Corporate Bank Attacks
Earlier this year, a report from Kaspersky Lab and B2B International found that cybersecurity incidents affecting a bank’s online banking services cost...
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4.7KSecurity & FraudWhen Cyber-Risk Becomes A Legal Nightmare
Hitting the ground running with the next big thing in services or products or payments can be a thrill, but for startups...
