Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

DECEMBER 3, 2018

With cyberattacks on the rise, corporate victims find themselves battling it out with cyber insurance companies over protection from the damage done by security breaches. For example, the National Bank of Blacksburg in Virginia sued Everest National Insurance Company earlier this year after the bank was hit by cyberattacks in 2016 and 2017.

Virginia 184

Virginia Policies Security National 184

PYMNTS

FEBRUARY 27, 2019

A wide range of biometric solutions are being used to develop national identification systems around the world. Even though biometrics offer notable security advantages, they do come with risks. India began experimenting with the technology 10 years ago when it launched its national ID system, the Aadhaar program.

Security 159

Security National Wyoming Idaho 159

PYMNTS

JANUARY 9, 2020

Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities. The first EMV card was developed in 1994, but the technology did not begin circulating worldwide until the new millennium.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

JULY 27, 2018

intelligence experts are warning of the risks of major cyberattacks on the technology operating throughout businesses’ supply chains, according to BBC reports Thursday (July 26), raising alarms for enterprises that increasingly rely on software to function and interact with their business partners. A report by the U.S.

Community 104

Community US Software National 104

PYMNTS

SEPTEMBER 17, 2020

Sam’s Club is rolling out its mobile pay-at-the-pump Scan & Go Fuel experience at over 70 locations throughout the nation in September, with a "full-scale" launch to 518 gas stations anticipated prior to the close of 2020, according to a Thursday (Sept. 17) company announcement.

National 141

National Mobile Retail Technology 141

PYMNTS

JUNE 1, 2020

million Direct-to-Phase II Small Business Innovation Research grant from the National Institute of Neurological Disorders and Stroke to advance the development of Tetranite, its bone adhesive biomaterial technology. Cambridge-based agtech startup CiBO Technologies raised $10 million in equity, according to an SEC filing.

Boston 151

Boston Capital Video Innovation 151

PYMNTS

APRIL 3, 2019

Everex, which traces its genesis to 2016, has focused on distributed ledger technology for cross-border payments. Separately, in other company news, Canadian FinTech Buckzy Payments announced its launch earlier this week, eyeing international payments through what it has termed a “safe, secure and convenient ecosystem.”.

blockchain 231

blockchain Payments United States Innovation 231

PYMNTS

SEPTEMBER 26, 2018

26) that they have reached a settlement with Uber Technologies Inc., In a press release , the two AGs said the settlement also covers charges that Uber violated reasonable data security laws with its 2016 breach of driver and customer information. “The

San Francisco 172

San Francisco District of Columbia Data California 172

PYMNTS

MAY 18, 2020

We now have one of the strongest capitalized tier-1 ratios in the country and intend on rapidly growing our national footprint, and expanding the products and services we offer to thousands of Australian [SMBs], whose needs have long been ignored by the major banks,” said David Hornery, co-CEO and co-founder, according to FinTech Magazine.

Lending 130

Lending Capital Software Fintech 130

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth .

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

MAY 12, 2019

Securities and Exchange Commission ( SEC ) has approved the creation of the Long-Term Stock Exchange ( LTSE ). Created by Silicon Valley entrepreneur Eric Ries, LTSE will be a national securities exchange using a different approach to governance and voting rights, with the goal of taking away the short-term pressures on public companies.

Company 134

Company Innovation Security Meeting 134

PYMNTS

FEBRUARY 25, 2020

Because trust companies can’t custody securities in the U.S., Some representatives from the world’s central banks discussed the matter last week in Kyiv, Ukraine, at a conference arranged by the National Bank of Ukraine. Assemblywoman Yvonne Lopez introduced the Digital Asset and Blockchain Technology Act on Feb.

NJ 130

NJ New Jersey Bitcoin blockchain 130

PYMNTS

APRIL 28, 2017

This according to the latest volume of the Internet Security Threat Report published today by software company and security product provider Symantec. To start, ransomware threats escalated globally through 2016 in size, number and kind. Its end users were also the most willing to pay. But it’s moved into doing more.

Security 157

Security Software National Report 157

PYMNTS

APRIL 27, 2017

This according to the latest volume of the Internet Security Threat Report published today by software company and security product provider Symantec. To start, ransomware threats escalated globally through 2016 in size, number and kind. Its end users were also the most willing to pay. But it’s moved into doing more.

US 124

US National Security United States 124

Independent Banker

JULY 31, 2022

In partnership with Nymbus, the bank’s custom digital platform is built on a secure cloud-native core banking system with an open API architecture. While many banks are utilizing technology and trying to be innovative, they are doing so on an existing legacy structure that is too expensive, painful and ingrained in their culture to change.”.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

MAY 15, 2018

Blockchain , cloud computing and other technologies are moving further into the world of healthcare data, promising to change everything from patient management to medical payments. based organization hopes to get ahead of that curve by offering a new accreditation program designed to boost data security and access in the healthcare industry.

Data 109

Data Management blockchain Security 109

PYMNTS

JULY 1, 2019

The movement away from cash is an inexorable one, aided by government mandate, a confluence of technology and stakeholders (from banks to payment service providers), and a greenfield of more than 1 billion consumers willing and able to transact in bits and bytes. The trust is fragile, though. The Players And The Lines Blurred.

Payments 130

Payments Mobile Security National 130

PYMNTS

SEPTEMBER 12, 2018

The overall pace, seen globally, has been up quite a bit, as measured against the 134 patents worldwide seen in 2016. The concept and execution of distributed ledger technologies (DLT) has been one that President Xi Jinping stated can be part of “reshaping the global economic structure.”.

blockchain 201

blockchain Puerto Rico social media Innovation 201

PYMNTS

JANUARY 18, 2019

For citizens to engage with these services and trust them, seamless and secure digital identity tools will be essential. Though kiosk-based medical care might seem impossible, the current usage of health-related connected devices indicates that this technology could someday become a reality. On-Demand And Unattended Health Services.

Millennials 198

Millennials Tools Wyoming Idaho 198

PYMNTS

OCTOBER 25, 2017

But, a new report by cybersecurity company Thales e-Security suggests data breaches at financial institutions (FIs) are on the rise, and that information technology (IT) professionals who work for these firms are growing increasingly concerned about the issue.

Big Data 103

Big Data Security Survey Data 103

PYMNTS

NOVEMBER 9, 2018

A new poll shows that Americans believe Facebook to be the least trustworthy of all the major technology companies as far as protecting user data. At the same time, 126 million Americans — accounting for a third of the nation’s population — were exposed to content placed on Facebook by Russian sources during the 2016 elections.

social media 162

social media Apple Google Leadership 162

PYMNTS

AUGUST 24, 2019

As new PYMNTS research documents, over the past year, 18 Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL) and Major League Soccer (MLS) arenas have deployed biometric solutions by CLEAR. million people in 2016 to 17.2 Attendance at NFL games declined from approximately 17.8

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

APRIL 9, 2018

The incident, and similar breaches, reveal the limitations of cybersecurity, even as corporates worldwide continue to increase their investments in the latest-and-greatest security technologies. But this trend is also due, in part, to the fact that technology today only goes so far to address cyberthreats.

Security 123

Security Survey Data Trends 123

PYMNTS

AUGUST 9, 2018

“Most brick-and-mortar businesses have security systems to protect their physical property and credit monitoring for financial security, but they don’t have a solution for online threat monitoring to manage their online presence and protect them from nefarious activity like phishing schemes.”

Tools 100

Tools Online Software Security 100

PYMNTS

JUNE 11, 2018

The investment comes as Claroty, which came out of stealth mode in late 2016, had a strong year marked by 300 percent year-over-year growth in bookings and customers. But because they are considered critical infrastructure that is targeted by adverse nations, there is more of a need to safeguard the systems. “A

Industry 108

Industry Capital System Security 108

PYMNTS

FEBRUARY 26, 2019

bitcoin — is just a small portion of the amount stolen by hackers in August 2016. In other news, the Australian Transaction Reports and Analysis Centre (AUSTRAC) has partnered with the Swinburne University of Technology in Melbourne for a blockchain trial to see how the technology could automate the reporting of cross-border transactions.

Bitcoin 109

Bitcoin blockchain Report cryptocurrency 109

PYMNTS

APRIL 6, 2017

The Germany-based company specializes in online receivables auctions, facilitating the selling of national and international trade receivables, reports said. Advancements in technology will significantly change the trade finance market,” said Deutsche Bank Head of Global Transaction Banking, Germany, Michael Spiegel in a statement.

National 100

National Report Tools Management 100

PYMNTS

MARCH 18, 2019

Approximately 2 percent to 5 percent of the world’s gross domestic product (GDP) – $800 billion to $2 trillion – is laundered each year, according to a report from the United Nations Office on Drugs and Crime (UNODC). Rethinking Security Strategies . Financial and Ethical Security Strategies.

Compliance 181

Compliance Regulation Chicago Tools 181

PYMNTS

OCTOBER 28, 2019

The new data breach was reportedly not connected in any way to the cyberattacks in 2016 and 2017 that affected 400,000 Italian customers. Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) said last month that cybersecurity threats to institutions and enterprises exist at several levels.

Data 101

Data System National Report 101

PYMNTS

NOVEMBER 5, 2019

Increased technology adoption brings along additional security concerns, however. Identity companies and third-party security providers are exploring several options to keep these methods secure, but many have been met with consumer skepticism. Developments From Around The Digital ID World. Its balance rose from only $1.01

Data 101

Data Fraud Security Trends 101

PYMNTS

APRIL 21, 2017

Cybercriminals certainly had a habit of churning out headline-worthy attacks in 2016 — from the Mirai botnet’s infamous distributed-denial-of-service attacks on domain directory Dyn and the DNC hack to hackers targeting the SWIFT interbank system. ” (Not to be confused with zero-day exploits.)

Trends 144

Trends Security Data Training 144

PYMNTS

APRIL 7, 2017

Reports this week said the bill, the Main Street Cybersecurity Act, is an update to the existing Cybersecurity Enhancement Act of 2014 and would seek for the National Institute of Standards and Technology to develop a set of voluntary guidelines for small businesses to mitigate and prevent cybersecurity risks.

Guidelines 128

Guidelines Maine Software National 128

PYMNTS

JUNE 13, 2018

. “Today’s commercial payments infrastructure in Canada is built on many layers of outdated technology and processes that are needlessly complex and time-consuming, not to mention error-prone and labor-intensive,” said PayStand CEO and Founder Jeremy Almond in the statement.

blockchain 109

blockchain Payments Fraud Industry 109

PYMNTS

FEBRUARY 4, 2019

FIs have made strides in establishing know your customer (KYC) and anti money laundering (AML) policies, but these changes are routinely challenged by emerging technology and cross-border transaction costs. To strike the right balance, they must embrace automated identity verification technology during the onboarding process.

How To 161

How To Regulation Compliance Meeting 161

PYMNTS

JUNE 14, 2016

billion loss across the United States, according to NRF’s 2016 National Retail Security survey. It is important for retailers to continue building relationships with law enforcement and leverage new technologies that can further provide protection to their assets, customers and employees.”.

United States 100

United States Florida Retail Survey 100

PYMNTS

AUGUST 12, 2016

TWMP) consortium have adopted its HCE technology. The HCE technology provides a mobile wallet capability for the consortium banks that support consumers using HCE cloud-based NFC phones. According to the company, the remaining 12 banks in the consortium will launch later in 2016. ” The Taiwan Mobile Payment Co.

Mobile 100

Mobile National Payments Technology 100