PYMNTS

OCTOBER 28, 2019

A security researcher discovered that credit card-stealing malware was inserted into the code of the American Cancer Society’s online store, according to TechCrunch. It was meant to scrape credit card numbers for sale on the dark web or other malicious activities. Magecart is only now becoming a household name,” he added.

Groups 100

Groups Cards Security Analytics 100

PYMNTS

JULY 6, 2020

Indonesian payment processor Payfazz has secured $53 million in Series B funding, numerous media outlets reported Monday (July 6). In one, Indonesia-based travel and lifestyle platform Traveloka partnered with Bank BRI on a credit card for Indonesia’s underbanked population, as PYMNTS reported last fall. About 93 percent of U.S.

Capital 211

Capital Groups Report Mobile 211

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. In a wide-ranging discussion, Socure CEO Sunil Madhu and PYMNTS’ Karen Webster discussed the brave new world of identity security and verification, and what those terms mean when it should be assumed that all of your data has been compromised.

Security 109

Security Data Fraud Regulation 109

PYMNTS

APRIL 24, 2017

A Russian hacker was sentenced to 27 years in federal prison for stealing credit card numbers and selling the data online, according to The New York Times. Seleznev was convicted for running a credit card and identity theft business out of his homes in Indonesia and Russia. “This prosecution is unprecedented.”

Cards 118

Cards US Seattle United States 118

PYMNTS

JUNE 24, 2019

Looking back at a time when the market was moving toward mobile, Microsoft Co-Founder Bill Gates said his biggest mistake was not putting Microsoft in the position of Android as the largest “non-Apple” mobile operating system in the world. There’s room for exactly one non-Apple operating system and what’s that worth?

Google 101

Google Apple System Operations 101

PYMNTS

JULY 11, 2016

Late last week, The Register reported that 105 suspects of credit card fraud were arrested in Asia and Europe after a cybercrime ring was busted by authorities. The suspects are accused of using counterfeit credit cards to buy luxury goods, and house searches of the accused resulted in the discovery of 3,000 fraudulent payment cards.

Fraud 100

Fraud Cards ATM Groups 100

PYMNTS

NOVEMBER 23, 2020

“While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them. Banking as a service makes it far easier for [entities] from startups to multinational corporations to access and create simple, fast, secure and transparent full-fledged financial products,” Athavale said.

System 165

System Management Tools Cards 165

CFPB Monitor

OCTOBER 7, 2015

Like the 2014 list , one of the challenges identified by the OIG is the need to ensure that the CFPB has an effective information security program. The OIG identified four high-priority security risk areas for CFPB improvement: Continuous monitoring to assess security controls and system configurations.

Security 60

Security Training Resources System 60

PYMNTS

MARCH 25, 2020

Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. He is also an innovator who has spearheaded, built and operated two publicly-traded payments companies,” said Jacobs. 31, 2019 showed an increase in total operating revenues of $249.3

Fintech 139

Fintech Operations Innovation Company 139

Jack Henry

APRIL 30, 2014

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. One such attack by the group Unlimited Operations was able to net over $40 million. The FDIC encourages subscribing to these various groups to ensure that you receive regular security alerts, tips, and other updates. FBI InfraGard. Regional Coalitions.

Fraud 88

Fraud Cyber Security ATM FDIC 88

PYMNTS

JANUARY 27, 2017

As if Yahoo didn’t have enough on its plate, the tech company is now facing a probe from the Securities and Exchange Commission as to whether or not it could have acted more promptly in response to two massive data breaches that left over a billion customers’ information compromised. may actually be putting users’ security at risk.

Security 100

Security Data US Trends 100

PYMNTS

JUNE 6, 2019

don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. Card issuers have been slow to release contactless cards due to limited acceptance at the point of sale. When contactless payments started gaining traction in the mid-2000s, there were rampant fears about security.

US 140

US Apple New York City Cards 140

PYMNTS

APRIL 25, 2016

Of course, we have the quarterly numbers, too, including insight into how American Express’ commercial card business is holding up. billion worth of purchases went through Amex commercial cards in 2016’s Q1, American Express said in its latest quarterly earnings report. billion worth of the industry in 2014.

Fraud 100

Fraud Cards Lending Analysis 100

PYMNTS

JUNE 19, 2016

On the EMV front, Home Depot decided it felt strongly enough about Chip and PIN that that it sue MasterCard and Visa over it.Walmart Canada decided it would stop accepting Visa cards since they say they are too expensive. It’s the latest large retailer to raise the security concerns, with a lawsuit filed this week in U.S.

Retail 100

Retail Cards Data Atlanta 100

PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. A September to Remember. Those under €30 ($33.93

Fraud 148

Fraud Regulation Compliance Online 148

PYMNTS

JUNE 1, 2017

announced that its quick, safe and secure payment method, Visa Checkout, has launched in the U.K., According to Finextra , Visa Checkout allows consumers to securely store shipping and payment details without having to re-enter information while shopping online. in 2014 and has expanded into 23 countries, most recently Poland.

New York 101

New York Security Cards Online 101

PYMNTS

SEPTEMBER 13, 2016

Along with that growth in card numbers, said the firm, purchase transactions and volumes are also on the upswing. million EMV-enabled payment cards issued across the platform in the U.S. million EMV-enabled payment cards issued across the platform in the U.S. in the past year. in the past year.

Case Study 100

Case Study United States Analysis National 100

PYMNTS

AUGUST 12, 2019

The latest Subscription Commerce Tracker explores how subscription-based businesses are adapting to an ever-changing market, and how they keep their payments experience secure and how new models are emerging to stay competitive. What Security Means For Subscriptions.

Retail 118

Retail Video Security Software 118

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

MARCH 28, 2018

In a press release , Equifax said Begor will start on April 16 and is coming to Equifax from Warburg Pincus, where he was a managing director and focused on operational improvement across the portfolio of companies that fall in Warburg Pincus’ Industrial and Business Services unit. Begor is succeeding Paulino do Rego Barros Jr.,

Leadership 100

Leadership Capital Data Analytics 100

PYMNTS

JULY 28, 2017

Prior cyberattacks that can be connected to North Korea’s military force include the 2014 hack of Sony Pictures Entertainment and a cyberheist at Bangladesh’s central bank. The Korea Financial Security Institute is now reporting a second group using Lazarus that has been attacking South Korea since 2013.

Groups 116

Groups ATM Security Data 116

PYMNTS

JUNE 20, 2018

The rise of mom-and-pop entrepreneurs, the coffee truck operators, craft makers and others has opened the door for the smaller POS operators to capture new business. That’s how Andrew Byrne, chief operating officer at London-based payment services firm myPOS , told it during a recent interview with PYMNTS.

Payments 135

Payments Cards System Operations 135

PYMNTS

SEPTEMBER 17, 2018

As for the locale: Search warrants, noted by ZDNet , were served on those individuals in an immigration detention center, yielding 16 mobile phones, various SIM cards and a number of electronic storage devices. He and an accomplice operated from Nigeria, targeting the U.S., The scams netted an alleged $25 million from 2014 to 2016. “In

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

JULY 25, 2017

In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. . Fraudsters are leaving card present and finding the weakest entry point.”

Fraud 120

Fraud Retail Cards National 120

PYMNTS

JUNE 24, 2016

Private IT security firm PandaLabs recently obtained a copy of a malware program that infected terminals at CiCi’s Pizza, cracked the malware program open and found inside plenty that was far from reassuring for POS security. PandaLabs’ verdict?

Industry 101

Industry Pennsylvania Security System 101

Abrigo

JANUARY 18, 2017

As anyone advising business owners knows, clients are often so busy with day-to-day operations and management that they find it tough to gain a big-picture view of certain financial aspects, such as cash flow. Ecommerce sites : Even if the business already has a website, can sales be generated through it?

Technology 150

Technology Cards Software Payments 150

PYMNTS

OCTOBER 13, 2016

digital loyalty service for SME retailers and eateries, is raising £500,000 in funding to support ongoing growth and establishing operations in the U.S. The company has already secured most of its target amount from existing investors and has launched on the Seedrs crowdfunding platform to secure further investment.

US 100

US Retail Marketing Strategies Security 100

PYMNTS

OCTOBER 26, 2018

Amid reports this week that changes to accounting standards are coming over the next few weeks, the Securities and Exchange Commission (SEC) has said that financial professionals, including accountants, must be mindful of cybersecurity risks. BEC, the acronym for business email compromise scams, is getting its share of attention.

Washington 122

Washington Fraud Security Report 122

PYMNTS

JUNE 5, 2019

Counterfeit Debit Cards. The alleged thieves reportedly used “fake IDs and counterfeit debit cards” to pose as authentic customers inside mobile phone stores. The alleged theft ring operated in 34 states, but it remains unclear how many phones and legitimate customers were involved or impacted. Targeting Dead People.

cryptocurrency 132

cryptocurrency Fraud New York City social media 132

PYMNTS

JUNE 14, 2016

Gas stations offer a lot of benefits for card fraudsters. They’re unattended, which makes it easy (and even inconspicuous) for them to check out whether their counterfeit cards are alive and well and ready to use. Today, Visa announces new data as a result of the expansion of VTA to more than 35,000 gas stations across the U.S.

Fraud 100

Fraud Operations Cards Analytics 100

Celent Banking

OCTOBER 16, 2015

Surely Capital One is no nimble start-up — with more than 70 million cards and $80 billion in card balances, Capital One is a top-four credit card issuer. When combined with its direct banking operation, it is well established as the sixth largest bank in the United States, with $350 Billion in assets.

Conference 100

Conference Las Vegas Nashville Capital 100

PYMNTS

JULY 30, 2019

Its AI-enabled chatbot , Dom, was combined with voice-activated technology in 2014, allowing customers to place orders the same way they would with a live operator. Bensen processes each request, learns customers’ favorite orders and charges the appropriate card registered with Amazon or Google. Security and Privacy Issues.

Technology 119

Technology Mobile Google Software 119

PYMNTS

SEPTEMBER 18, 2020

The first was that American mobile-wallet providers pretty much avoided it, starting with Apple eschewing QR codes in 2014 in favor of the higher-tech (and more secure) NFC technology. It turned out Americans liked paying by card just fine and weren’t looking for a change. Second, U.S. Or at least they weren’t until COVID-19.

Apple 292

Apple Jacksonville Study Mobile 292

PYMNTS

JUNE 24, 2016

It also needed to integrate a virtual card feature as mid-market firms increase their demand for the tool. In its announcement of the solution, the firm likened Tradeshift Go to Amazon’s Alexa — itself a solution that was only released to the market in 2014. But the use of the credit card has drawbacks.

Payments 103

Payments Cards Management Resources 103

Independent Banker

AUGUST 26, 2015

Expanding IT security safeguards to cover physical devices. With the prevalence and importance of Internet-enabled devices increasing nearly everywhere, community banks should remember to expand the scope of their security policies and network monitoring to cover their hardware, according to computer security experts.

ATM 70

ATM Security System Community Bank 70

PYMNTS

DECEMBER 8, 2017

In addition to expense management, Happay provides business customers with expense report solutions as well as prepaid and international travel cards for corporate travel payments and expenses. secured $40 million in Series C funding, reports this week said. Artificial Intelligence. California-based H2O.ai

Bitcoin 139

Bitcoin Analytics Payments Capital 139

PYMNTS

AUGUST 30, 2018

When myPOS launched in 2014, cash was still mostly king among small businesses. All of which are true, Byrne said, so long as one has pounds in their pocket – because many of the merchants in markets don’t take cards, and will politely direct customers to the nearest ATM when they try to pay with one.

ATM 105

ATM Cards Payments Case Study 105