Remove Cards Remove Fraud Remove Oregon Remove Security
article thumbnail

New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. ATMs are common avenues for fraud, however, especially those that are running outdated software. billion by 2024.

Analytics 266
article thumbnail

Synchrony Says Erroneous Email Not Tied To Data Breach

PYMNTS

Synchrony Financial said a message was erroneously sent to customers about an Amazon.com card and that a data breach had not occurred, according to a report by Reuters. Five senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses people’s data and video. On Monday (Nov.

Data 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Legal Pot Starts Pulling Its Retail Weight

PYMNTS

As a result, banks, credit unions and payment card networks are hesitant to participate. That said, in a first-ever congressional hearing on marijuana law reform, the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security convened July 10 to debate altering federal law around cannabis.

Retail 154
article thumbnail

Late Payments Sound Sour Notes in US

PYMNTS

In Oregon, and as reported by The Statesman Journal , the Willamette Country Music Festival may be cancelled in future years amid widespread late payments to that festival’s vendors. In one example, police departments have said that they will not provide security to the event as a local sheriff’s department has been owed $78,000.

US 124
article thumbnail

Retail banking trends to look out for in 2023

Independent Banker

billion-asset One Community Bank (OCB) in Oregon, Wis. We have seen an increase in mobile and digital usage, like other banks,” Hancock says, “but these initiatives have helped expand that engagement from balance inquiries and funds transfers to more complex needs like money management and managing debit card security. “In

article thumbnail

AltFin Proves Its Staying Power With Asian Investors

PYMNTS

With an eye on the ASEAN (Association of Southeast Asian Nations) market, tryb secured $30 million from the Makarta Innovation Fund, the firm said this week. Not only did the alternative SMB lending market secure the most funding rounds of the week, but Dianrong ensured that this segment scored the most venture capital too.

Capital 135
article thumbnail

End-Of-Summer Edition: Retro Malware, Bitcoin’s Surge ‘N’ Split And Apple Watch Sees Other People

PYMNTS

PST in Oregon and 2:48 p.m. The malware is known as the Faketoken Android Trojan , a mobile banking malware designed to steal credentials such as name, credit card number and CCV, amid other information. This week, Americans will have something of a rare opportunity in the digital age: The chance to all do the same thing at once.

Apple 101