PYMNTS

JANUARY 20, 2021

FIs must be prepared to support the pandemic-driven shift in consumers’ payment and spending behaviors while also keeping up with new security needs, Chris Tremont , executive vice president of virtual banking for Radius Bank , said in a recent PYMNTS interview. “As More Debit Payments, More Debit Fraud. is huge,” Tremont said.

Security 130

Security Cards Mobile Fraud 130

PopularBank

NOVEMBER 16, 2021

Inadvertently downloading fake banking apps and app-based banking malware could lead to the theft of your valuable account information and disrupt your financial security. Here are 10 tips to help you keep your bank account secure from fraud: 1. This way, you can immediately report a potential fraud.

Fraud 52

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PYMNTS

JANUARY 18, 2021

“QR codes are key because they are a bridge between our system and the customers’ phones,” Tony Leon , Decathlon’s chief technology and eCommerce officer, said in a recent interview with PYMNTS. The technology is quite simple and there are no specific technical challenges with the code itself.”. Challenges In Deploying QR Codes.

Security 209

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PYMNTS

NOVEMBER 6, 2018

Facebook and Google have signed up for new internet standards, which will require internet companies to respect data privacy and “support the best in humanity.” Users of the technology could use apps that are based on the Solid technology, which are reportedly a work in progress.

Google 178

Google Data Conference Technology 178

PYMNTS

SEPTEMBER 24, 2020

These considerations are especially important during the ongoing coronavirus pandemic as the wave of legitimate customers now doing their banking online has prompted a corresponding spike in fraud. Companies are reexamining how they can use cloud technologies to comply with changing security standards as digital banking volumes expand.

Compliance 151

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PYMNTS

AUGUST 27, 2019

Former Google engineer and self-driving pioneer Anthony Levandowski is being charged with stealing closely guarded secrets and selling them to Uber, The Wall Street Journal reported on Tuesday (Aug. Levandowski was accused of stealing years of top-secret information from Google, which prosecutors called the crown jewels of the company.

Google 123

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PYMNTS

JULY 30, 2019

Such tools are no longer at the far reaches of the universe, and today’s technologies would make the Enterprise’s crew feel right at home. Wingstop, a fast-casual buffalo wings chain with 1,031 locations worldwide, tends to be an early adopter for new technologies. Orderscape is also working on voice-activated ordering technologies.

Technology 119

Technology Mobile Google Software 119

PYMNTS

MAY 2, 2019

After all, bad password habits can bring severe financial, security and reputational penalties (whereas failing to talk like a pirate merely confirms your status as a relatively normal adult, for better and/or worse). Among the most recent examples comes from Microsoft’s Chief Information Security Officer (CISO) Bret Arsenault.

Tools 138

Tools Security Data Online 138

PYMNTS

AUGUST 19, 2019

Smart appliance manufacturers leverage Internet of Things (IoT) technology to reduce the burden of home maintenance. These technologies may introduce conveniences, but they can also add new risks. Device security is therefore not a one-and-done deal, but rather something that lasts the product’s entire lifespan.

Security 129

Security Software Google Data 129

PYMNTS

JULY 29, 2020

Bank of America (BoA) has expanded its mobile wallet use to include corporate customers in the Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) regions, hoping to enhance clients’ experiences through faster and more secure business transactions, according to a press release. According to BoA, this helps to prevent fraud.

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PYMNTS

NOVEMBER 10, 2017

For any organization with an attitude of, “It can’t happen to me,” here’s a wakeup call: Corporate fraud is common and on the rise. One of the easiest areas for internal fraud to occur is in employee expensing. But always, in every organization, there are a few who are commuting fraud.

Fraud 112

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PYMNTS

OCTOBER 29, 2019

Cybersecurity and fraud protection company DataVisor , which uses artificial intelligence to help with fraud solutions, has launched a program called ExtenD, with the intention of helping medium to larger businesses with their cybersecurity and fraud needs, the company said in a press release.

Company 101

Company Cyber Security Fraud Big Data 101

PYMNTS

MARCH 25, 2020

Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67 percent since 2014 and 11 percent since 2018. Organizations and security developers are investing billions of dollars in fighting these fraud attempts. Developments From Around the World of Digital Fraud.

Fraud 148

Fraud Security Resources Survey 148

Cisco

JULY 12, 2021

Convenience is what consumers want, but they want it without compromising on the security of their data or their financial assets. Here are three ways in which banking providers can do this: Identify & reduce account takeover fraud. Possession – something only the user possesses such as security tokens.

Fraud 168

Fraud Mobile Security Customer Experience 168

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. These worries regarding connected vehicles are, in a broader sense, tied into larger security issues involving the Internet of Things (IoT) — to which all those cars and trucks will connect.

Security 119

Security System Operations Report 119

PYMNTS

JULY 28, 2019

A $5 million gift from Craiglist’s Craig Newmark Philanthropies will support a new program, led by former Facebook security expert Alex Stamos. You’ve got the Facebooks and the Googles deciding what is effectively election law globally,” he said to Reuters. But it’s because governments aren’t stepping up.”.

social media 109

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PYMNTS

AUGUST 29, 2017

A group of technology and security companies joined forces despite being competitors to take down WireX, a new cybercrime machine that was made up of tens of thousands of Android mobile devices that were hacked by DDoS (denial-of-service) attacks.

Security 101

Security Google Mobile Video 101

PYMNTS

JANUARY 22, 2021

Were it not for a flurry of digital transformation all through 2020 the frightful fraud scene might’ve been worse. retailers have online system vulnerabilities that could leave them open to fraud. retailers have online system vulnerabilities that could leave them open to fraud. Sensible Debit Needs To Be More Secure .

Fraud 130

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PYMNTS

JANUARY 20, 2017

s card-not-present fraud situation may get worse before it gets better. The biggest challenge in combating cyber ransom, Radware’s Global Application & Network Security Report 2016-2017 report noted, is that ransom is not only easy, but also every attack has its own vector, technique or angle. Money On The (Cybercriminal) Brain.

Fraud 100

Fraud Cards Data Online 100

PYMNTS

NOVEMBER 27, 2019

Facebook Bid Against Google in Attempt to Acquire Fitbit. Facebook has reportedly been revealed as “Party A” in the attempt to acquire health tech company Fitbit, per a report citing a Securities and Exchange Commission (SEC) filing. The project is being launched in partnership with the Omnicell healthcare solutions firm. .

Google 109

Google Management Payments social media 109

PYMNTS

JUNE 11, 2019

In fact, a recent study found that cell phone numbers were the fifth-most-important part of respondents’ identities, following Social Security numbers, driver’s licenses, dates of birth and home addresses. However, Google , for one, is looking to add government-issued IDs to the mix. Developments from around the Digital Identity World.

Online 145

Online blockchain social media Security 145

PYMNTS

OCTOBER 26, 2016

It’s been a busy 12 months since the last Money20/20, as new technologies and threats have disrupted the security space time and time again. McDowell said that he expects these and other new technologies to soon replace more traditional methods of authentication and verification, such as passwords. It’s EMV all over again.

Security 100

Security Mobile Las Vegas User Experience 100

PYMNTS

JULY 6, 2016

It almost seems like Google and the Android OS are on the precipice of something never before seen in consumer electronics market share — or that would be the case if Android hadn’t just suffered a potentially unrecoverable blow to its encryption credibility.

Google 105

Google Security Apple Regional 105

FICO

JANUARY 5, 2021

It’s no surprise that COVID-19 would be one of the subjects that drew readers to the FICO Blog last year, but for the Fraud Protection and Compliance category it wasn’t the only top draw. What else made for the hottest reads in 2020 for fraud and financial crime? Here were our top 5 posts: #1: Fraud And Financial Crime Convergence.

Fraud 52

Fraud Compliance Survey Google 52

PYMNTS

JANUARY 6, 2017

And in an age where cybercriminals seem to be ubiquitously lurking at all times, security becomes every merchant’s, issuer’s, card network’s and consumer’s problem. At this point, there are almost no serious players in the game willing to shrug off the importance of security for their system. Why is it better than what’s out there?

Security 156

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PYMNTS

JANUARY 3, 2019

Google has reportedly patched a security weakness in its Chrome web browser for Android that could impact users’ privacy. ” The report noted that hackers could also use it to determine the device’s patch level of security and what vulnerabilities the hacker could exploit on it.

Google 148

Google Security Report Regulation 148

PYMNTS

FEBRUARY 4, 2019

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. New technology often starts out at the U.S. Authorities and prison technology companies say this mass biometric surveillance supports prison security and fraud prevention efforts.”.

Fraud 161

Fraud Illinois Retail Security 161

PYMNTS

OCTOBER 3, 2019

Today, however, the rise in artificial intelligence-powered digital assistants like Apple’s Siri and Amazon’s Alexa make the use of similar technologies in the corporate space not only a possibility, but in many cases, already a reality. One is to humanize the experience of using the technology.”.

Tools 139

Tools Data Security Fraud 139

PYMNTS

JANUARY 27, 2020

New analysis from Bank Info Security , for instance, revealed that BEC scammers have begun to target corporates’ financial documents from accounts receivable departments to identify unpaid invoices, as well as information regarding Days Sales Outstanding and clients. The Business Email Compromise (BEC) continues to evolve.

Fraud 178

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PYMNTS

MAY 27, 2020

In today’s top news, Amazon is in talks to acquire self-driving startup Zoox, Walmart is partnering with ThredUp to sell pre-owned clothes and Google Assistant is piloting a new feature that will allow users to make payments using their voice. Google Assistant Pilot Uses Voice Biometrics For Payments.

Google 140

Google Payments Fraud Maine 140

FICO

SEPTEMBER 14, 2021

What does that mean for fraud professionals? They’re not new technology—QR codes have been around since 1994 —and, while not the dominant mechanism for mobile payments in the US, they are often at the forefront in emerging markets. QR Codes and Fraud. Of course, any payment method carries inherent fraud risk.

Fraud 52

Fraud Payments Mobile Data 52

PYMNTS

JANUARY 7, 2019

Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. Google was granted a motion for summary judgement by U.S. Employee Suits.

Illinois 161

Illinois Google New Hampshire Texas 161

PYMNTS

FEBRUARY 18, 2020

The company said it works to generate new sources of revenue for organizations while ensuring privacy protection and blockchain-based security. The region also experiences some of the highest fraud rates, in both finance and eCommerce. The region also experiences some of the highest fraud rates, in both finance and eCommerce.

Regional 171

Regional Lending Fraud Maine 171

FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. Financial institutions (FIs) are not letting fraud trends like scams fade into background noise, but fraud awareness is rising among customers and both the banks and customers are eager to mitigate as much as possible. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

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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.

South Dakota 101

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PYMNTS

AUGUST 21, 2019

Companies including Alibaba , Arm, Baidu, Google Cloud , IBM , Intel, Microsoft , Red Hat , Swisscom and Tencent will join forces on the Confidential Computing Consortium to collaborate on open source technologies and standards that aim to accelerate the adoption of confidential computing.

Data 116

Data Google Security Industry 116

PYMNTS

FEBRUARY 26, 2020

Facial recognition outfit Clearview AI — which collects billions of photos off the internet, and uses them for facial recognition technology — has been hacked, and its entire client list was exposed to malicious actors, according to CNN. After that news was released, Google, Facebook and Twitter sent the company cease-and-desist letters.

New Jersey 170

New Jersey New York Technology Google 170