PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

Security Capital Analytics Software 189

PYMNTS

MAY 24, 2019

However, with this growth comes the increased risk of data breaches and fraud. It has also raised concerns among privacy advocates and security experts, with many warning against the dangers of weak security protocols and constant vigilance. Currently, Express Logic operating systems are installed in 6.2

California 188

California San Francisco Charlotte Security 188

PYMNTS

JUNE 13, 2019

Countering digital fraud is a lot like playing whack-a-mole: As soon as one fraudster is taken out, two more pop up where they’re least expected. The popularity of digital banking services has created ample opportunities for bad actors, leaving banks scrambling to protect themselves against the rising tide of fraud.

Fraud 128

Fraud Analytics New Jersey Data 128

PYMNTS

AUGUST 26, 2019

Attorney’s Office for the Central District of California. Each of the defendants has been charged with “conspiracy to commit fraud, conspiracy to launder money, and aggravated identity theft,” according to the complaint and reports said other defendants also face fraud and money laundering charges.

Fraud 145

Fraud Online Portland Los Angeles 145

PYMNTS

AUGUST 16, 2019

A new Bluetooth security flaw was discovered that could leave users’ data unprotected and open to hackers, The Verge reported on Friday (Aug. The weakness was discovered by researchers who presented their findings at the USENIX Security Symposium. But the technology also makes it easier to counteract attacks.

Security 121

Security San Diego Data Illinois 121

PYMNTS

SEPTEMBER 24, 2020

Staying abreast of these various compliance shifts can be costly and challenging for banks, but doing so is necessary to ensure that financial institutions’ (FIs) operations can run smoothly and ward off cyberattacks. Failing to secure such information could open up FIs to fraud. Compliance, Cybercrime And The Cloud .

Compliance 151

Compliance Fraud Regulation Security 151

PYMNTS

JULY 6, 2020

Wirecard continues to dominate the headlines in the realm of corporate fraud thanks to $2 billion missing from the company’s books, but it’s not the only company at the center of questionable activity. 34 percent of furloughed employees were asked to commit furlough fraud , according to a survey from U.K.-based

Fraud 148

Fraud Missouri California Report 148

PYMNTS

SEPTEMBER 8, 2020

949 gigabytes of confidential data have been accessed by ransomware attackers targeting IT distributor Ma Labs , reports in CRN said, an attack that has stalled the company's operations and left its customers in limbo. 1 million was stolen from the City of Industry via invoice fraud, claims officials in the California city.

Company 174

Company Los Angeles Fraud Data 174

PYMNTS

DECEMBER 9, 2020

We were attacked by a highly sophisticated threat actor, one whose discipline, operational security, and techniques lead us to believe it was a state-sponsored attack,” Kevin Mandia , chief executive officer, said in the post. “We The company has cybersecurity clients across the national security space in the U.S.,

National 266

National Tools California Security 266

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

Data 91

Data How To Community Bank California 91

PYMNTS

AUGUST 12, 2020

As part of its ongoing efforts to stop coronavirus-related fraud, the U.S. The enforcement action alleged Vietnam residents Thu Phan Dinh, Tran Khanh and Nguyen Duy Toan engaged in wire fraud to profit from the pandemic. Federal law enforcement officers alleged thousands of buyers in every U.S.

Fraud 130

Fraud Pennsylvania Florida Texas 130

PYMNTS

JANUARY 12, 2021

In California, state and local police last month broke up a ring that allegedly used fake coupons to get merchandise for free or reduced prices, then brazenly resold the items at a Sacramento storefront. He said the problem also includes things like complex returns fraud, cyber frauds, near-perfect counterfeiting and more.

Retail 226

Retail Florida San Francisco Sacramento 226

PYMNTS

AUGUST 27, 2019

percent, it was only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payments technology. ABA’s request stems from concerns about rising fraud levels at CUs, as well as New York City’s recent taxi medallion scandal.

Data 122

Data Report Los Angeles California 122

PYMNTS

AUGUST 5, 2019

Fraud comes in many flavors, and a payments-related lawsuit arising from the growing business of legal, recreational marijuana is proof of that point. Technology can help prevent such fraud, particularly that associated with beneficial ownership of company and using shell companies in support of fraudulent activities. The good news?

Company 163

Company Payments Fraud Meeting 163

PYMNTS

JANUARY 30, 2020

Uber may be facing significant operational changes in California, however, due to a new law that reclassifies many contractors as employees. How AI Can Help With Consumer Onboarding Security. To learn more about how AI security enhancements can improve the platform economy, visit the Playbook’s Case Study.

Miami 132

Miami social media Case Study Chicago 132

PYMNTS

MAY 28, 2020

Google’s security experts had their hands full in April, as its Threat Analysis Group ( TAG ) emailed 1,755 warnings to users whose accounts were targets, the California-based global technology company wrote on its blog Thursday (May 27). APP was designed specifically for high-risk accounts.

Google 175

Google Report Security California 175

PYMNTS

JULY 29, 2019

John McNeill, Lyft’s chief operating officer, is leaving the ride-hailing company, according to a report by Bloomberg. District Court in the Northern District of California, contends Lyft committed securities fraud. Lyft said it would not hire a replacement. Shares in the company dropped 3.9

Boston 132

Boston California Fraud Company 132

PYMNTS

NOVEMBER 3, 2017

Startups deploying machine learning and artificial intelligence (AI) capabilities are focused on improving corporate processes — from identifying fraud to testing software to managing employee effectiveness. Based in Finland and with offices in California, MariaDB offers enterprises an open source database solution. Expense Management.

Analytics 189

Analytics Data Capital San Francisco 189

PYMNTS

NOVEMBER 2, 2018

In this week’s rundown, the industry landed the most funding among B2B FinTechs, though other bright spots included cybersecurity, alternative finance and a startup working to prevent firms from losing money when employees commit expense fraud. Mission Secure. Shape Security. Veritas Finance. W2 is a U.K.-based

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

OCTOBER 28, 2019

Disney is offering mobile concession ordering at its California and Florida amusement parks, and several universities are introducing similar options at their on-campus dining halls. The app was initially available at just six locations in California, Iowa and Texas, but now caters to more than 60 across the United States.

Mobile 101

Mobile San Jose California Iowa 101

PYMNTS

OCTOBER 11, 2016

A letter sent to investors of Partner Fund Management said, “Through a series of lies, material misstatements, and omissions, the defendants engaged in securities fraud and other violations by fraudulently inducing PFM to invest and maintain its investment in the company.”. Theranos, a U.S. million in February 2014.

San Francisco 100

San Francisco Delaware Arizona California 100

PYMNTS

OCTOBER 20, 2017

Two cybersecurity companies came out on top, but they both focus their enterprise security efforts in different ways. Duo Security. The $70 million raise by Duo Security makes this cybersecurity startup the latest unicorn in the industry. This California-based startup has a particular cybersecurity focus: payments fraud.

Capital 109

Capital blockchain Fraud Security 109

PYMNTS

MARCH 7, 2019

Data privacy and security is becoming a popular political issue, and the latest proof of that came Thursday (March 7) on Capitol Hill. The hearing took place at a time of increasing scrutiny for online privacy and security. During a hearing for the U.S. Equifax disclosed the hack in September of 2017.

Data 177

Data Security National Online 177

PYMNTS

OCTOBER 23, 2018

This new system would offer improved access to identity verification information, which could be used by businesses and the government to authenticate transactions and prevent fraud or cyberattacks. Scotland, meanwhile, is looking to distributed ledger technologies (DLTs) to develop secure digital identity credentials.

Trends 134

Trends blockchain California Security 134

PYMNTS

JULY 10, 2020

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. Regulation Vs. Market Forces. However, Cohen said that in the U.S., Checks And Balances.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

JUNE 3, 2020

Security researchers say it could reveal the location of COVID-19 patients — not only to government authorities but also to any hacker clever enough to exploit its flaws. One example is in the area of fraud prevention, where consumers have gotten comfortable making their data available. However, it does not have to be that way. “The

Mobile 190

Mobile Fraud Data Course 190

PYMNTS

OCTOBER 22, 2020

It alleges that “the defendants conspired and operated in concert with each other to sell counterfeit J.L. Childress is a California-based family business started more than 30 years ago by Jan Childress.” It is now co-owned and operated by her two daughters, Kate and Sarah. 22), was originally filed on Aug. 10 in the U.S.

Seattle 145

Seattle Branding Washington California 145

PYMNTS

NOVEMBER 29, 2019

Vouch Insurance , which offers insurance to high-growth technology firms through an online platform, said last week that it has raised $45 million in a funding round, and has expanded its service into California. Many founders are operating their businesses, from day one, with the ambition of entering an international setting.

Policies 191

Policies California United States Management 191

PYMNTS

OCTOBER 17, 2017

BAE, along with Russia’s Kaspersky Lab and California-based Symantec Corp., There is some good news, though: After the Bangladesh heist prompted SWIFT and banks to boost security controls, it does appear that Lazarus has had difficulty getting into the system. Earlier this year, it was reported that U.S. They’ve built the tools.

Report 100

Report System California Groups 100

Independent Banker

FEBRUARY 28, 2022

To increase security, Avenu uses cloud-native architecture that integrates a ledger, customer identification, transactional fraud monitoring, BSA and AML monitoring, ACH account identification, report writing and an integrated complaint management system, Dick says. Katie Kuehner-Hebert is a writer in California.

Fintech 136

Fintech Marketing Community Bank Community 136

PYMNTS

AUGUST 3, 2018

Fraudsters are taking a sudden interest in online storefronts, Cohen said, for one very explicable reason: Those storefront operators can set up shop, literally, anywhere on planet Earth where there is an internet connection. They also know the security software is looking for illicit transactions.

Fraud 109

Fraud Course Online Security 109

PYMNTS

JANUARY 11, 2018

According to Reuters , security researchers divulged that the flaws – called Meltdown and Spectre – could give hackers access to passwords or encryption keys on most types of smartphones, computers and cloud-based servers. The company could be forced to offer discounts in order to retain the business.

San Jose 109

San Jose Software California Apple 109

PYMNTS

MARCH 13, 2017

The Securities and Exchange Commission announced Friday (March 11) that it has lodged charges against two ex-executives at a credit card processing company for masterminding a scheme to steal millions of dollars through fake expense reimbursements, invoices that were inflated and other improper accounting tactics.

New York 101

New York California Regional Cards 101

PYMNTS

SEPTEMBER 18, 2019

This is why some construction firms — such as Redwood City, California-based DPR Construction , which has two dozen offices in the U.S. The pair explained how these offerings keep suppliers satisfied and DPR’s partners safe from fraud. . Fixing Cash Flows, Fighting Fraud . Virtual cards move payments quickly,” Phoenix said. “We

Cards 116

Cards Phoenix Fraud Payments 116

PYMNTS

JULY 30, 2018

The overall goal, according to eBay, is to have it up and fully operational for all by the end of 2021. According to Steve Fisher, eBay’s SVP of Payments, “Apple Pay is one of the most ubiquitous forms of payments, and provides users with an easy, fast and secure way to pay. The scope of the fraud?

Apple 101

Apple Fraud social media Payments 101

PYMNTS

AUGUST 21, 2018

The lawsuit contends that Google violated the Invasion of Privacy Act in California, as well as California’s right to privacy laws, and is seeking class-action status for iPhone and Android users. If the suit goes forward, it could include millions of people.

Google 100

Google San Diego California Exercises 100

PYMNTS

OCTOBER 25, 2019

The California Consumer Privacy Act looms, taking effect at the beginning of 2020. Though information security and privacy are table stakes in the online world today, noted Stonier, data standards are lacking. Can data be harvested … with decency? The Decency Principle — And The Trust Deficit.

Data 102

Data Survey Compliance Examples 102