PYMNTS

MAY 15, 2018

In a press release , Visa said the international trip is the sequel to the Visa Cashless Challenge, which awarded $500,000 earlier in 2018 to small businesses in the U.S. To find the traveler, Visa is partnering with social media travel personalities, Arden Cho and brothers Alex and Marko Ayling.

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PYMNTS

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. million fraud reports in 2018, resulting in $1.48 trillion a year.

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PYMNTS

JANUARY 8, 2020

The legislator was reportedly referring to the policy that the social media company rolled out a day prior to prohibiting very manipulated videos made by machine learning or artificial intelligence. Experts reportedly brought attention to the national security as well as the societal implications of manipulated digital media.

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PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank client preferences have moved toward self-service technologies over branch visits in recent years because of ease of use and improved convenience. FICO’s Take on Debit Security.

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PYMNTS

FEBRUARY 18, 2019

According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” Facebook is “not the same company” even a year ago, with the social media giant already instituting a lot of changes, the executive noted. billion.

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PYMNTS

FEBRUARY 13, 2019

In the highly connected digital age, consumers are interacting with a multitude of social media sites as well as apps and connected devices. Simply said, contextual commerce occurs when a consumer sees a product on a smart device or social media feed (and even a recommendation from a friend) and buys the product.

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PYMNTS

SEPTEMBER 9, 2019

According to Bank of America analysis as reported by CNBC, the two apps combined have seen their mobile downloads decline by 13 percent year-over-year and were down 3 percent in Q3 when compared to the same time period in 2018. . But Facebook’s data security reputation hasn’t exactly been sterling since the incident.

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PYMNTS

MAY 16, 2018

At least one thing is clear about Facebook ’s new interest in blockchain: It will help the social media giant keep up with the Joneses. Another analyst who deals directly with blockchain said Facebook faces no major threat from the technology, at least not yet. and they’re actively trying.”. “Could it be?

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William Mills

SEPTEMBER 25, 2018

You can also store your IDs and secure notes. They see themselves as a platform for managing digital identity, secure by biometrics. William Mills III, Chief Executive Officer of William Mills Agency is live blogging today at FinovateSpring 2018. without having to enter your password every time. 09:34 am Cashoff.

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Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. However, Silsby says technology also can free up time for employees to have more meaningful interactions. Use social media to build trust.

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PYMNTS

SEPTEMBER 5, 2019

Seventeen percent of call centers are looking to replace knowledge-based authentication (KBA) with multi-factor authentication (MFA) to better protect customers from scheming fraudsters, and though that may not seem like a high percentage, it is double the number of centers that were looking at such methods in 2018.

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PYMNTS

DECEMBER 19, 2018

Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant exempting some businesses from the privacy rules its customers thought they were protected under.

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PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. Just under half — or 45.9

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PYMNTS

AUGUST 19, 2019

Aided by technology – and emboldened by the rise of cryptocurrencies – fraudsters are stepping up ransomware campaigns. In comments reported earlier this week, cyber insurance security responder Tom Bennett of CFC Underwriting told The Financial Times that that claims surged in June and July.

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PYMNTS

OCTOBER 29, 2018

There may come a day, a generation or two from now, when stories about the data breaches and other hacking threats faced by payments and commerce operators in 2018 seem quaint — or, at the least, like relatively primitive foreshadowing of a new type of digital criminality. But those gains come with fresh concerns about digital security.

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PYMNTS

NOVEMBER 22, 2019

In today’s top payments news, ongoing security concerns have caused the Federal Reserve to take a closer look at the Big Tech firms that serve the banking industry. President Barack Obama is warning about the potential negative impact that technology can have on society. Security Concerns Prompt Fed To Strengthen Big Tech Oversight.

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Insights on Business

JULY 17, 2019

Digitalization brings along risks like IT security, Cybersecurity, etc. When all lines understand that these issues are a fundamental part of everything they do, managing IT, security and other risks become part of their day to day job. The IT Risk Management Magic Quadrant skipped a year in 2018.

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CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Effective data security features are critical to securing this information. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security. The Future of Data Security.

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PYMNTS

FEBRUARY 20, 2019

Citing 2018 data from Verizon, Mastercard noted research that suggested the majority of cyberattacks are actually targeted at SMBs, ranging from phishing scams and the Business Email Compromise (BEC) to malware and ransomware attacks. In a press release on Tuesday (Feb. While researchers at Tanium found last year that one-third of U.K.

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PYMNTS

AUGUST 24, 2019

CenturyLink Field, home of the Seattle Seahawks , was the first NFL stadium to adopt the technology. The move comes amid a general trend in all areas of payments and commerce to move beyond the limitations and security risks that come with older forms of ID authentication and verification. million people in 2016 to 17.2

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William Mills

MAY 9, 2018

Welcome to FinovateSpring 2018. Again another financial wellness platform using machine learning technology. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. I’m here at the Santa Clara Convention Center covering the demos.

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PYMNTS

SEPTEMBER 7, 2018

However, part of that trade (even if not explicitly stated) is that consumers expect their data to be handled in a manner that protects their privacy and security. The discussion featured Karen Webster and Arman Aygen, head of Technology and Innovation at UL. Trust Evolution.

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PYMNTS

OCTOBER 8, 2018

As reported, the social media giant was hacked through a vulnerability in the Facebook source code, which gave the attackers the ability to steal access tokens, which they in turn used to keep Facebook subscribers logged in. billion through the first six months of 2018, where last year showed $18.4 As has been reported, the U.S.

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PYMNTS

OCTOBER 8, 2018

.” SMBs may step into the world of digital networking by using existing platforms, like social media sites or professional networking tools, that are not designed to facilitate a sale between a buyer and supplier, Saporito explained.

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PYMNTS

AUGUST 22, 2018

Fiserv, the global provider of financial services technology solutions, announced on Wednesday (Aug. Fiserv noted that consumers increasingly consider their financial institutions to be the party most responsible for safeguarding them against fraud, according to Javelin’s 2018 Identity Fraud report. reached $5.1

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PYMNTS

JANUARY 16, 2020

Each country will “be able to operate openly and freely in the jurisdiction of the other Party without any force or pressure from the other Party to transfer their technology to persons of the other Party.”. Perhaps key: transfers of technology, or of licenses will be voluntary – and reflect “mutual agreement.”. Asset Management.

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South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. As such, the National Security Agency (NSA ) is calling for banks to be compliant by 2030.

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PYMNTS

AUGUST 10, 2018

At first glance, 2018 is shaping up to be a year that has brought meaningful consumer, regulatory and legislative backlash against lax online privacy. consumers were aware of the Cambridge Analytica scandal, with the incident resulting in 57 percent of those consumers reporting they are more concerned about data privacy and security.

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PYMNTS

AUGUST 9, 2018

Other figures from the first quarter of 2018 show that 299 brands suffered phishing attacks during that period, up about 15 percent quarter over quarter. PhishLabs noted that phishers can use stolen corporate credentials to steal data, access corporate systems or (sell) them to the highest bidder. Cloud Targets. Marketers, too, are worried.

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PYMNTS

SEPTEMBER 11, 2019

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of the use of text as a communication tool. billion in 2018. This is not the first time the FBI has sounded a warning about business email compromise.

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PYMNTS

NOVEMBER 11, 2019

These businesses’ strategies are often hamstrung by legacy fraud solutions that rely on data warehouse technology. Understanding unstructured data such as photos, images, videos, text messages, social media posts, PDFs, text documents and emails can be particularly challenging for such systems.

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CB Insights

MARCH 27, 2019

Read our future of data security report for more on this topic. ). It comes as no surprise, then, that big tech players like Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are investing heavily in data security — especially as several have fallen victim to data breaches themselves. But the company is not alone.

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PYMNTS

MARCH 25, 2019

Apple reportedly said that the service will not allow advertisers to track what subscribers are reading, which means no targeted ads based on consumed news stories, as is the case with social media. billion on games in 2018,” a growth in spending of some 13 percent compared to 2017. Online Gaming.

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PYMNTS

OCTOBER 11, 2018

Turnarounds in tech — and in social media in particular — are not unheard of, Nathanson wrote, meaning it is not impossible for Snap to snap back from all this. In a filing with the Securities and Exchange Commission (SEC), Snap said that Tencent and its affiliates had “recently acquired” 145.8

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PYMNTS

JULY 3, 2017

It can be buffeted dramatically by shifts in the global economy, emerging technologies and even factors as arbitrary as the weather. Good news for consumers: as of January 2018, that’s not going to be a thing anymore. The Rise of CNP Fraud. This is another area in which choosing the right payments processor makes a huge difference.

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CB Insights

SEPTEMBER 11, 2018

The Edelman Trust Barometer shows that public confidence in search engines and social media platforms fell 11 percentage points from 2017 and 2018. Now tech companies are facing a wave of “techlash” — backlash resulting from rising concerns around privacy protections, election security failures, and ethics lapses.

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Insights on Business

FEBRUARY 10, 2019

In November 2018, CLS launched CLSNet, an automated and standardized service for bilaterally netting payments for FX trades not eligible for the CLS settlement service. With the IBM Blockchain Platform, transactions become scalable and secure. Also follow these social media platforms to stay informed with the latest updates : .

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