PYMNTS

MARCH 5, 2019

million in 2018, according to a press release from the company. Cybercriminals have steadily been increasing their use of mobile malware , aiming to take advantage of those who do not have security solutions installed on their phones.”. In 2018, the number of mobile users who interacted with malware went up 774,000, reaching 9,895,774.

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Mobile Security Course Trends 139

Bank Innovation

MAY 7, 2019

Compliance startups and security firms are banking on artificial intelligence playing a key role in know-your-customer/anti-money laundering processes, rather than being just a trend in regtech. billion in 2018 and is projected to climb to $165 billion by 2025 and $300.5 billion by […].

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Compliance Security Trends Operations 170

PYMNTS

OCTOBER 8, 2018

Giancarlo also revealed that the Commission had imposed fines of more than $10 million in 10 cases in 2018, compared with an average of three big-money cases a year during the Obama administration. Total fines ordered through SEC enforcement activity fell 7.2 percent in 2017 to about $3.8

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Regulation cryptocurrency Minneapolis Fraud 159

Payments Dive

FEBRUARY 12, 2020

In 2018 alone, ACH network volume reached nearly 23 billion payments –70 payments per person in the U.S. In the 12 months ending February 2019, payment volume across the ACH network increased 7.2%, reaching over 100 million ACH payments per banking day, a first for the ACH network. Account validation capabilities have not kept pace.

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Security Payments 273

Bank Innovation

DECEMBER 11, 2017

EXCLUSIVE- Blockchain technology and digital loans will continue to grow in 2018 as banks continue to work on their cybersecurity in the coming year, software provider Mitek predicts. It’s just logical that given the extent of recent data breaches, that we’re going to see more of the same.

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blockchain Fraud Software Fintech 314

PYMNTS

JANUARY 30, 2020

This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Debit network PULSE recently sought to boost its security by adopting a FICO fraud detection platform that can help it quickly detect and respond to suspicious activities. The solution is.

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Security Fraud ATM Cards 182

PYMNTS

JANUARY 4, 2019

Indian tech startups had a huge year in 2018, but the way the money is being distributed has some experts concerned about the future of the country’s financial ecosystem, according to reports. Early startups were a part of 304 deals in 2018 and raised $916 million. billion in funding – the most ever. In 2017, Indian startups got $10.4

Company 162

Company Taxes Innovation Capital 162

PYMNTS

JANUARY 28, 2020

WhatsApp, which boasts end-to-end encryption and high-level security, disclosed 12 vulnerabilities in 2019, seven of which were described as critical, according to a report by the Financial Times. Rogers added that the data “strongly suggests” that WhatsApp hadn’t been taking security of the app very seriously.

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Security Conference Video Apple 130

PYMNTS

JULY 24, 2019

billion IoT devices by 2025, up from 7 billion in 2018. Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines. In the July Intelligence of Things Tracker™ , PYMNTS explores the latest news in IoT, including partnerships, innovations, security risks, and oversight from world governments.

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Security Regulation Industry Study 172

PYMNTS

JUNE 23, 2017

Girl Scouts will soon get the chance to earn their first ever cyber security badges. The Huffington Post reports that Girl Scouts can earn the first of 18 cyber security Girl Scout badges beginning in September 2018. The program will reach as many as 1.8 The program will reach as many as 1.8

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Cyber Security Security Maine National 217

Let's Talk Payments

JUNE 7, 2019

Increasing access to capital, consumer awareness, and acceptance to new ways of managing finances and other ecosystem drivers have been attractive for entrepreneurs in 2018 as well. Figure is a financial technology company that offers consumer credit products by leveraging blockchain, AI, and.

Fintech 107

Fintech United States blockchain Financial Technology 107

Bank Innovation

NOVEMBER 3, 2017

Two speakers have joined the speaker faculty of Bank Innovation 2018 for fireside chats: Avin Arumugam, senior vice president of Internet of Things at Visa, and Adam Ludwin, CEO of blockchain startup Chain. Arumugam was previously head of next-generation payment products at JPMorgan Chase, as well as senior products manager at PayPal.

Innovation 170

Innovation blockchain Management Payments 170

Bank Innovation

MARCH 28, 2018

The Internet of Things is notoriously insecure — unsecured, or poorly secured IoT devices have contributed to a number of cyberattacks, and these are on the rise as the number of devices increases. There are more than 8 billion connected devices today, with over 20 billion estimated for 2020.

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Security Video Bitcoin blockchain 268

PYMNTS

JULY 1, 2019

The financial services landscape is moving to upgrade existing payment infrastructures or create new systems to deliver faster and more secure payments. Data: $79 billion: Estimated value of India’s remittances market in 2018. 40 trillion: Estimated value of funds transferred over SWIFT gpi in 2018.

Security 116

Security Payments Apple System 116

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018.

Cyber Security 122

Cyber Security Security Cards Resources 122

PYMNTS

OCTOBER 29, 2018

These initiatives could also lead to an increase in security risks, since sharing data among a range of financial service providers creates new opportunities for it to fall into the wrong hands. Banks, FinTech firms and other financial services firms would be wise to invest more time, effort and resources into open banking security systems.

Security 192

Security Fraud Tools Data 192

PYMNTS

OCTOBER 18, 2018

First Data’s 2018 Consumer Cybersecurity Study is based on data from 1,767 U.S. Advances in technology are opening new opportunities for fraudsters to obtain PII, and businesses must proactively respond by implementing technology solutions that keep consumer data safe and secure.”.

Data 160

Data social media Study Security 160

PYMNTS

DECEMBER 26, 2018

The following piece was written by Rob Eleveld, CEO of Whitepages Pro , as a contribution to our 2018 year-end eBook. . Payments 2018 was a year of accelerated disruption.

eBook 149

eBook Fraud Data Payments 149

PYMNTS

DECEMBER 18, 2018

18) that it achieved 342 percent sales growth in 2018 compared with 2017 and that it has a four-year growth rate of 3,857 percent. In a press release, Onfido said 2018 was a landmark year for the company which not only enjoyed strong growth but named key members to its senior team and won accolades from within the industry.

Fraud 128

Fraud Industry Trends Company 128

PYMNTS

AUGUST 16, 2019

Capital One employees raised red flags over security risks before the company suffered a massive data breach. The sources pointed out that about one-third of its employees left in 2018. Safeguarding information is essential to our mission and to our role as a financial institution.

Security 168

Security Seattle Capital United States 168

PYMNTS

JANUARY 8, 2019

In a press release , Armonk, New York-based IBM said it led the industry in terms of artificial intelligence (AI), cloud computing, security and quantum computing-related patent grants. ” According to IBM in 2018, close to half the patents are related to AI, cloud computing, security, blockchain and quantum computing. .

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blockchain Security New York Leadership 100

PYMNTS

JUNE 24, 2020

At the time, Zopa said it raised £60 million ($67.7 million) from new and existing investors in two funding rounds since applying for the banking license in 2016, and it added several former banking executives to create a board.

Security 215

Security Capital Cards Report 215

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. Below are just a few of the sessions surrounding IBM Banking and Financial technologies you won’t want to miss at SIFMA 2018. There will also be many great panel discussions at SIFMA 2018.

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Conference Fintech blockchain Compliance 70

PYMNTS

FEBRUARY 26, 2020

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. This makes data security of utmost importance to CUs, but even attacks on unrelated third parties can be devastating to CU members. percent in 2016.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

MARCH 24, 2019

According to a report in The Financial Times , the revelations by current and former employees at the Bremen call center in Northern Germany raise more questions about how the airline protects data security less than a year after it suffered a major data breach. The employees at one of the airline’s largest call centers outside of the U.K.

Security 145

Security Data System Technology 145

PYMNTS

JANUARY 2, 2020

Data security is an issue with far-reaching consequences. the reported number of exposed consumer records that contained sensitive personally identifiable information jumped 126 percent between 2017 and 2018.

Security 144

Security Fintech Data Policies 144

PYMNTS

MAY 13, 2019

These small entities are seeking to win trust despite not being established brands, but customers will only feel safe if they’re confident that their payment information will remain secure. . This month’s Deep Dive explores its key security risks and the ongoing efforts to mitigate them. . Security risks and defenses .

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Security Cards Branding Payments 123

PYMNTS

JULY 17, 2019

Pioneers of the first diamond-coated unclonable security tag for supply chain security and end-to-end tracking, DUST Identity has announced $10 million in Series A funding. million seed investment in 2018, the Series A is also backed by Airbus and Lockheed Martin, among others.

Security 101

Security Marketing Strategies blockchain Tools 101

Bank Innovation

SEPTEMBER 29, 2017

The hack has laid out the red carpet for startups focusing on data security. Based in London, Nuggets is a zero-knowledge security company that uses blockchain technology and biometric authentication to protect […]. EXCLUSIVE – With the Equifax hack, the perils of a data breach are no longer a hypothetical problem.

blockchain 199

blockchain Security Data Technology 199

PYMNTS

DECEMBER 31, 2018

One proxy was spotlighted as the 17 largest crypto merchant processing services took in as much as $411 million in September 2017, but only $6o million in May of 2018. Data from August show that, as Bloomberg reported in August, bitcoin as used in everyday life … was not being used in everyday life.

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Bitcoin cryptocurrency Texas Fraud 188

PYMNTS

NOVEMBER 9, 2016

Enter 3-D Secure 2.0. The roadmap here extends across a few years and the initial rollout, in Europe anyway, is slated for the second quarter of 2018. The experience has to be consistent with how consumers want to conduct commerce digitally — and securely.”. CA Technologies’ Rendell noted that 3-D Secure 2.0

Security 190

Security Payments CA Technology 190

Bobsguide

MARCH 30, 2020

Fast forward to today: according to Fortune Business Insight, the global market for anti-fraud solutions will grow from $19.3bn in 2018 to $110bn in 2026. In 2016, the global fraud detection market was valued by Allied Marked Research at $13.6bn. The growth is exponential, and the banking,

Security 141

Security Fraud Marketing 141

Perficient

APRIL 14, 2022

debt market, the Financial Industry Regulatory Authority (FINRA) developed the Trade Reporting and Compliance Engine (TRACE) in 2002 to facilitate the mandatory reporting of OTC bond transactions in eligible fixed-income securities. Treasury Securities to TRACE. To promote transparency in the large U.S.

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Report Compliance Security Regulation 294

Bank Innovation

DECEMBER 15, 2018

Heads spun the next day, too, when the head of the Securities Investor […]. Heads spun when it announced in December its plan to offer no-fee checking and savings accounts that pay a 3% interest rate.

Fintech 170

Fintech Security Company America 170

PYMNTS

AUGUST 17, 2017

This year, spending on IT security efforts to help avoid future cyberattacks will reach an all-time high, according to Gartner’s latest research. Here are the numbers: $93 billion | Amount Gartner predicts information and IT security services will be for 2018.

Security 109

Security Data Management Retail 109

PYMNTS

FEBRUARY 13, 2019

The Securities and Exchange Commission (SEC) charged a former Apple lawyer with illegal insider trading on Wednesday (Feb. The lawyer, named Gene Levoff, worked at Apple until July 2018, when he was put on leave. According to the SEC complaint, he was “responsible for Apple’s compliance with securities laws.”.

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Apple Compliance Security New Jersey 134

PYMNTS

JUNE 13, 2019

billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. The Drawbacks of Complex Security. AI Solutions for Balancing Security and Convenience. Blockchain-Based Security Methods.

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Security blockchain San Francisco United States 129