Security

Computer security, also known as cybersecurity or IT security, refers to the security of computing devices such as computers and smartphones, as well as computer networks such as private and public networks, and the Internet.

(source: en.wikipedia.org)

Digital Identity Becomes New Currency as Companies Turn IDs into Payments Credentials
Digital Identity Becomes New Currency as Companies Turn IDs into Payments Credentials
November 13, 2023  |  Digital Identity

As the payments ecosystem continues to evolve, it is missing just one key element. That element? A single source of truth in the form of...

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Hackers Claim ICBC Paid to End Ransomware Attack
Hackers Claim ICBC Paid to End Ransomware Attack
November 13, 2023  |  Security & Fraud

A hacker group says the Industrial and Commercial Bank of China (ICBC) paid a ransom following an attack last week. The bank, which is China’s largest...

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Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
Report: $27 Million in Crypto Swiped From Binance-Linked Wallet
November 13, 2023  |  Security & Fraud

A hacker reportedly stole $27 million in cryptocurrency from a Binance-connected wallet. The stolen tether funds were converted to ether before being transferred to other...

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Sezzle CEO Says Real-Time Business Payments Improve Velocity of Money and the Economy
Sezzle CEO Says Real-Time Business Payments Improve Velocity of Money and the Economy
November 13, 2023  |  B2B Payments

The pain of using checks in B2B transactions is now starkly apparent. Sezzle CEO Charlie Youakim told Karen Webster that buyers and suppliers are actively...

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Nearly 40% of Consumers Want Payments and Credentials Vault
Nearly 40% of Consumers Want Payments and Credentials Vault
November 08, 2023  |  Security & Fraud

In today’s modern commerce landscape, convenience-driven shoppers increasingly desire a frictionless checkout experience and are embracing the ability to use stored credentials for seamless payments....

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’Tis the Season for Fraudsters and Gift Card Scams
’Tis the Season for Fraudsters and Gift Card Scams
November 06, 2023  |  Security & Fraud

The holidays are upon us, and gift cards remain a favorite to give and receive. And the fraudsters lie in wait — armed with advanced...

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Crypto and the Credit Union Innovation Playbook
Crypto and the Credit Union Innovation Playbook
November 06, 2023  |  Credit Unions

A growing number of consumers are interested in cryptocurrencies, and most know what they are. But the number of financial institutions ready to offer cryptocurrency...

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Report: Banks Shutting Customer Accounts Over Fraud
Report: Banks Shutting Customer Accounts Over Fraud
November 05, 2023  |  Banking

In the banking world, it’s a practice known as “exiting” or “de-risking.” It’s what happens when a bank closes a customer account after flagging suspicious...

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A Look at U.S. Initiatives on AI Use and Its Development
A Look at U.S. Initiatives on AI Use and Its Development
November 03, 2023  |  artificial intelligence

President Biden issued an executive order on Monday (Oct. 30) on artificial intelligence (AI) to ensure that America leads in harnessing the potential of AI...

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