PYMNTS

NOVEMBER 23, 2017

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations by regulators around the globe. 22), regulators in the U.K., According to a report in Fortune published Wednesday (Nov. Meanwhile, in the U.K., were impacted by it.

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Independent Banker

MAY 31, 2022

Fraud and cyber attacks are on the rise, and at great expense to the industry. Here are some ideas for strengthening fraud defenses. Fraud and cybercrimes continue to increase, causing challenges for community banks. Illustration by Cnythzl/iStock. By William Atkinson. Cybercrime could cost $10.5

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PYMNTS

APRIL 30, 2019

States are moving to tighten their biometric privacy laws, following the lead of Illinois, which has what are considered to be the strictest protections in the U.S. That’s not only because of the motivation to fight and prevent fraud, though that is certainly a big part of it. The method?

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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. Cohen said. However, Cohen said that in the U.S.,

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PYMNTS

JULY 20, 2017

Committing identity fraud is typically at the core of data-stealing schemes in an attempt to steal money. One of the seemingly largest barriers for banks with blockchain technology are federal-level regulations. In the U.S. From the U.K. receiving £3.6 From the U.K. receiving £3.6

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PYMNTS

DECEMBER 12, 2018

Dunkin’ Donuts (soon to be simply Dunkin’) recently learned of some holes in its cybersecurity operations. The city of Bakersfield, Illinois, for example, recently disclosed that cybercriminals had compromised the third-party website Click2Gov, used to process residents’ utility and municipal payments.

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PYMNTS

DECEMBER 1, 2017

The New York AG isn’t the only regulator that’s taken an interest in this story. Uber is also under investigation by the attorneys general of New York, Missouri, Massachusetts, Connecticut and Illinois. Privacy regulators for the European Union said Wednesday (Nov. authorities seeking an explanation.

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