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Facebook Says It’s Open To New Regulation

PYMNTS

According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” Facebook is “not the same company” even a year ago, with the social media giant already instituting a lot of changes, the executive noted.

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 Ransomware Gains Traction, UK BEC Fraud Spikes

PYMNTS

In comments reported earlier this week, cyber insurance security responder Tom Bennett of CFC Underwriting told The Financial Times that that claims surged in June and July. The threat actors realized they can amplify their impact by targeting specific companies such as managed service providers,” said Bennett.

Fraud 180
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It’s Getting Real On The Retail Revolution Frontline

PYMNTS

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. Now that merchants are more responsible for fraud that happens in their stores, he said, “it’s our responsibility to teach them about these tools, like EMV, that can secure them and secure their businesses.

Retail 100
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Frictionless Payments Take Center Stage at Money 20/20

Gonzobanker

The event’s level of growth and sophistication since its inaugural event in 2012 is truly impressive. My colleague Ryan Rackley summed it up perfectly when he referred to social media as the “new tattoo.”. Megatrend #2 – Secure and Compliant is a Non-Negotiable. Facebook posts, text messages, tweets, etc.,

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FinovateFall Sneak Peek: Socure

Fintech Labs Insights

Socure takes an innovative approach to identity verification, using online and social media data to enable financial institutions to confirm consumers’ identity. Features: Innovative Social biometrics platform. Blends facial recognition with social media & online data.

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Task Forces Fizzle, AI Sizzles And Twitter Trips Over Earnings

PYMNTS

faster – with 500 members)) and security (e.g. The Fed yesterday announced the formation of its Payments Security task force and has launched an online survey to collect comments on payment identity management, and data protection. 8 and responses will used to help determine just where efforts to improve security should lie.

Google 100
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Actiance Now Supports Compliance for Instagram

Fintech Labs Insights

” Actiance helps banks and financial institutions manage, secure, and ensure compliance across applications and social media platforms. ” Actiance helps banks and financial institutions manage, secure, and ensure compliance across applications and social media platforms.