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2019: A Banner Year (And Bumper Data Crop) For Hackers

PYMNTS

According to reports and as noted in this space, the data reportedly may have been accessed through manipulation of the social media giant’s API. High tech — the social media kind — also proved to be a lure for hackers, and where cumulatively 617 million records went on sale on the dark web in February for about $20,000 in bitcoin.

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Fraudsters Pose As Hurricane Relief Orgs

PYMNTS

Watch out for fake websites and social media pages. Justin Lavelle, communications director of BeenVerified.com and a frequent writer on how to avoid scams, noted that even back in 2005 (practically the dark ages when it comes to the internet), while the U.S. Perhaps unsurprisingly, many of them gave overlapping advice.

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7 Startups Combating ‘Fake News’

CB Insights

The emergence of “fake news” — false stories that gain traction across the internet and social media — has become a major story since the 2016 elections. ” Distil also protects against cyberthreats of web scraping, competitive data mining, online fraud, account hijacking, and digital ad fraud. DIGITAL SHADOWS.

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Data Dive: Buying, Selling And Foreclosing

PYMNTS

Meanwhile, MoviePass customers were busy on social media this weekend, protesting the latest unexpected change to the site. Last October, in partnership with Ondot Systems , the bank rolled out the enhanced My Mobile Money app so that it now offers two-way fraud alerts for Elan-processed debit cards.

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AI Spotlight: FICO’s Machine Learning Facilitates AML

FICO

Walking into Bernie Madoff’s home in 2005, you would not have found piles of money under a mattress, behind a sofa or in his garage. JP Morgan’s fine highlights the broader problem that many global banks had been facing, which was ignoring the warning signings of fraud and money laundering. billion in 2014.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Date : September 2005. in 2005, the thinking was that enhanced communications technology would help buyers and sellers better connect. Date: August 12, 2005. In a move which the companies themselves referred to as a “merger of equals,” wireless companies Sprint and Nextel worked out a $35B merger in 2005. Price: $2.6B.

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Fintech Trending: P2P, EMV, NFC, NLP… OMG

Fintech Labs Insights

Jack Henry began offering P2P payment capability in 2005 and expects the new method to boost usage. Though usage remains low, Mastercard reported this week that it has seen an overall decrease in fraud since the EMV change. The partnership enables banks to offer funds-transfers a day sooner, or even same-day. Ready, set, ACH.

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