PYMNTS

MAY 1, 2017

Swift was not watching for the launch of cyberattacks on its customers beyond the core network,” Marcus Treacher, a Swift board member from 2010 to 2016 and now an executive at digital payments startup Ripple, an alternative to Swift, told the Wall Street Journal.

Security 112

Security Fraud Resources Software 112

PYMNTS

NOVEMBER 21, 2018

billion every year in what would have been government revenue between 2010 and 2014. In addition to risks of money laundering, misinvoicing causes government entities to lose out on customs duties, VAT and other taxes, while also often moving money out of national economies. billion, and over-invoicing at $9.8 billion.

Taxes 122

Taxes National Report Data 122

PYMNTS

JANUARY 7, 2020

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — said it’s important to put the cyberthreats, and Iran’s willingness to deploy them, in context. . … cloaked well enough so that the U.S.

National 145

National United States Operations System 145

PYMNTS

AUGUST 6, 2018

Wells Fargo , the embattled national bank, disclosed in a Securities and Exchange Commission filing that hundreds of individuals saw their homes in foreclosure because of a glitch in software the company used. The computer glitch impacted some accounts that were in the foreclosure process between April of 2010 and October of 2015.

United States 120

United States Software Taxes National 120

PYMNTS

DECEMBER 8, 2017

The volatile cryptocurrency has made international waves, though, with some big-name investors backing the growing digital currency, some national governments banning its mining or use as a payment method and still others claiming it to be either a boon or a dangerous bubble.

Bitcoin 105

Bitcoin cryptocurrency Video National 105

Fintech Labs Insights

APRIL 12, 2024

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

NOVEMBER 2, 2016

Shadow Brokers, the group behind the publishing this past August of National Security Agency hacking tools, has posted a new leak that the group said showcases hundreds of organizations the NSA targeted over greater than a decade. “Many missions into your networks is/was coming from these ip addresses.” 22, 2000, and Aug.

Groups 100

Groups Security Analysis Data 100

PYMNTS

FEBRUARY 4, 2019

The United Nations Office on Drugs and Crime (UNODC) estimates the market for global money laundering is worth approximately $2 trillion per year. authorities, ING admitted that criminals had laundered money through its accounts between 2010 and 2016 because of “serious shortcomings” in enforcing due diligence policies.

How To 161

How To Regulation Compliance Meeting 161

Tech and Finance

JUNE 10, 2019

The Financial Services Sector-Specific Plan details how the National Infrastructure Protection Plan risk management framework is implemented within the context of the unique characteristics and risk landscape of the sector,” the department said in its announcement. “You the departments said in its announcement. “Led

Security 31

Security Risk Management Payments National 31

PYMNTS

AUGUST 13, 2018

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. The glitch affected some accounts that were in the foreclosure process between April of 2010 and October of 2015. And they almost never go home.

Data 100

Data ATM Cards Fraud 100

Independent Banker

OCTOBER 1, 2022

Attackers’ skills now are very advanced compared with even five or 10 years ago, and serious attacker groups are dramatically more skilled than 2010 and prior.”. Monitor credit reports and bank account activity to timely identify and prevent fraud and identity theft. “Cyber threats can change at a breakneck pace,” he says.

Data 91

Data How To Community Bank California 91

PYMNTS

FEBRUARY 14, 2018

Investors worldwide got quite a scare from India’s Punjab National Bank (PNB) with the announced discovery of $1.8 billion rupees in fraud and noting the financial institution would check to see if the impact ran deeper. Today’s announcement to the exchanges confirmed the fraud was on the order $1.8

Fraud 101

Fraud Security National Company 101

PYMNTS

SEPTEMBER 21, 2020

21), Commerzbank recounted in a statement that the transactions detailed in the FinCEN files are “based entirely on reports made by Commerzbank to the responsible authorities, mainly in the period 2010 to 2016,” and that the bank had reached a settlement in 2015 to pay regulators about $1.5 In one example, reported on Monday (Sept.

Fraud 347

Fraud Report System FDIC 347

PYMNTS

NOVEMBER 30, 2018

In recent headlines surrounding payments fraud and improper use of company funds, perhaps none loomed larger than the news that Nissan Motor Corporation ’s board voted unanimously to force Chairman Carlos Ghosn from his position. Those warnings come as invoice fraud is on an upswing, up by about one-third through the past year.

Payments 124

Payments Fraud Florida Report 124

FICO

JANUARY 15, 2021

The FICO Blog posts last year reflected that – we wrote about everything from the impact on collections, proactive lender communications with consumers, issues with fraud, and of course, how FICO® Scores were impacted. The COVID-19 pandemic cast a huge shadow on the financial services worldwide.

Report 59

Report Payments Cards Data 59

PYMNTS

MAY 25, 2018

The payment networks say the move will not only simplify the checkout process, but could also make cards less vulnerable to fraud through the use of a unique token for online transactions, which decreases the chance of cards being intercepted and reused. Large networks, however, say that the retailers’ concerns are unwarranted.

Retail 109

Retail Cards Regulation Meeting 109

FluentBanking

APRIL 18, 2020

Such limits may be attained in two to three years (2010, 2011 and 2012, respectively) after making the course contents, reading materials, library facilities and coaching facilities available to the candidates. for securing highest marks in Marketing of Financial Services (JAIBB) (x) National Bank Ltd. One prize of Tk. One prize of Tk.

Regulation 52

Regulation Case Study Security Management 52

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). Meanwhile, the recently released PYMNTS Global Fraud Index , produced in collaboration with Signifyd, found that instances of global fraud increased by 5.5 percent from Q2 2016 to Q2 2017.

Exercises 119

Exercises Resources Industry Cyber Security 119

PYMNTS

APRIL 7, 2017

In fact, he noted 2010 marked the year where the number of devices outstripped the number of people and said that gap “will just keep going up and up and up … You can think of that as a ‘threat surface’ that you are dealing with.”. The first big credit card fraud, he said, done by hackers, came in at about $100 million.

National 102

National Georgia Security Innovation 102

CB Insights

MARCH 6, 2019

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. in funding between 2007 and 2010. Quidsi expanded with the launch of Soap.com in June 2010, and by October 2010, the company was breaking even.

Report 78

Report San Francisco Capital New York 78

PYMNTS

JUNE 23, 2016

billion kronos the country held overall in 2010. While a shift toward EMV ATMs might seem to be a viable solution to combat rising ATM fraud, he said it may be a while before the payment industry sees a concrete change. According to the Bank for International Settlements, in 2014, Swedish vaults held close to 3.6

ATM 102

ATM Cards Analysis Trends 102

Gonzobanker

DECEMBER 20, 2019

Niche Payments Acquisition Award – Goes to City National Bank for its acquisition of FilmTrak. The troublemakers who still compete with the national banks 10 years from now will be better scaled, better at tech, operating with more agility and attracting Gonzo talent across all functions. It’s game on.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

JULY 31, 2018

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. Treasury Department. The report arrives at a time of growing optimism for U.S.

Fintech 194

Fintech Security US United States 194

CB Insights

JUNE 6, 2019

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business.

Apple 78

Apple Branding Google Company 78

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. A most-wanted founder. via TechCrunch.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

OCTOBER 31, 2017

We are confident that to truly have the long-term impact we want to make, we need to focus on finding an acquirer with an existing national fresh food supply chain who can carry forward the Juicero mission. We rounded up 14 more startups whose lessons ranged from fraud and investor dropouts, to logistics issues and product problems.

Company 78

Company US San Francisco Capital 78

Abrigo

JULY 23, 2021

North Korea has been silently ramping up their nuclear capabilities for years despite increasingly tough comprehensive United Nations sanctions in place since 2006 that have banned most of the country’s exports and severely limited its imports. Both were added to OFAC’s SDN List on June 27, 2013.

National 195

National Training United States Regulation 195