PYMNTS

FEBRUARY 28, 2019

It was led by “Energize Ventures and Lux Capital, each of whom invests heavily in companies, fundamentally advancing how society implements and utilizes advances in technology,” Zededa said in a statement. IoT Security Concerns. Security Upgrades? IoT Payments Growth. percent by 2024.

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PYMNTS

DECEMBER 14, 2020

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.

Google 192

Google Security Washington Risk Management 192

PYMNTS

DECEMBER 24, 2019

The fact was, then, blockchain was synonymous with crypto, and now, increasingly, blockchain has become divorced from digital coins, and championed for its ability to securely record transactions (where, at least conceivably, anything can change hands, from art to legal contracts) far beyond the confines of digital money. Blockchain Fatigue?

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PYMNTS

NOVEMBER 13, 2020

Technologies such as automation and blockchain are thus receiving more attention from businesses, especially as the volume of data that accompanies cross-border transactions expands. Speed and security have always been a priority for firms in this space, but the pandemic is placing added weight on these considerations.

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Technology Payments blockchain Security 162

PYMNTS

JULY 28, 2020

The debate about cloud technology’s place in the banking industry has moved beyond whether such platforms can safely transfer and store sensitive financial information. Cloud-based banking technology can help FIs keep up with digitally savvy customers, but banks must realize that no single tool is sufficient to meet their needs.

Technology 140

Technology Innovation ATM Security 140

Insights on Business

FEBRUARY 13, 2019

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

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PYMNTS

MARCH 25, 2019

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. They weren’t built with security in mind, and there really isn’t any way to patch them.”.

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PYMNTS

DECEMBER 27, 2019

Ignition of a new technology or idea in payments and commerce is always something of a tricky balancing act because consumers need a really good reason to change their well-entrenched habits. In 2019 that number had nearly quadrupled to 42 percent. Here are four on that list. We’ll keep you waiting on the other six. Instant Payments .

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Payments Innovation Study Data 139

PYMNTS

FEBRUARY 3, 2020

Such transparency between buyers and sellers allows the economy to quickly grow — but also presents fraud and security challenges. Tapping details that complicated requires technologies able to isolate patterns invisible to humans. percent worldwide during 2019 despite anti-fraud innovation efforts.

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PYMNTS

NOVEMBER 26, 2020

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . A silver lining exists, however. It also outlines some of the frictions entities face when doing so. .

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PYMNTS

APRIL 16, 2020

Businesses are doing their part by having employees work from home, but some companies are struggling to keep operations secure as opportunistic fraudsters aim to take advantage of the pandemic’s disruption. companies said they could meet all their payment obligations with staff working remotely, for example.

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PYMNTS

JANUARY 1, 2019

But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs. Here are the five potential IPOs related to payments, commerce and digital technology that could happen within the next 12 months.

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PYMNTS

JANUARY 17, 2020

Take the issue of retail security as one example. Implementing a layered anti-fraud approach that utilizes several technologies could help protect against bad actors looking for vulnerabilities. Reducing network demands, the technology works even if cloud connection is lost. Retail Trust and AI. Grocery AI.

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PYMNTS

FEBRUARY 20, 2020

The Tracker also analyzes how payment technologies and methods may be changing to keep freelancer needs met. New Jersey became one of the more recent states, for example, with its regulation designed to make freelancers and independent contractors legally distinct from self-owned businesses and other such organizations.

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Security Regulation New Jersey Payments 161

PYMNTS

SEPTEMBER 24, 2020

One 2019 report noted that there were 220 updates to such requirements worldwide each day, equating to roughly 80,000 in one year. Companies are reexamining how they can use cloud technologies to comply with changing security standards as digital banking volumes expand. Compliance, Cybercrime And The Cloud . EU and U.K.

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PYMNTS

JANUARY 16, 2020

The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target. According to the FBI, more than $26 billion in losses linked to BEC were reported between July 2016 and September 2019.

Security 111

Security Strategy Payments Examples 111

PYMNTS

OCTOBER 2, 2019

In other news, Morningstar Credit Ratings is moving further into the blockchain space by building the largest bridge to date between the blockchain and the global debt securities industry, which had $117 trillion outstanding as of March 2019.

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blockchain Security Bitcoin United States 145

PYMNTS

DECEMBER 17, 2020

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. This represents a fivefold increase from the pre-pandemic normal, when most consumers shopping online were better attuned to security protocol.

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Fraud Online Retail Examples 255

PYMNTS

FEBRUARY 25, 2020

For example], a button not being intuitive enough, or [not doing] what it was supposed to. [We Chang’s reported that off-premises dining accounted for 17 percent of its sales during Q3 2019, up from 14 percent the year prior and two to three times dine-in’s growth, with delivery representing 35 percent of these sales.

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Security Mobile Chicago Trends 140

PYMNTS

JULY 25, 2019

In a recent interview with PYMNTS, Hunter’s Hydrawise product manager, Anthony Long, explained how the system functions while keeping its smart home network secure. There is no point in watering lawns when it is raining, for example, but most programs need to be manually overridden to turn the sprinklers off. “We Securing the network.

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Security System Software Examples 117

PYMNTS

JUNE 10, 2020

FIs have long been aware that many customers consider mobile offerings compelling, with research from 2019 finding that the channel especially appeals to younger consumers. According to the report, 82 percent of those between the ages of 18 and 24 bank exclusively through mobile channels, for example.

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Mobile Security Examples Study 130

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. These worries regarding connected vehicles are, in a broader sense, tied into larger security issues involving the Internet of Things (IoT) — to which all those cars and trucks will connect.

Security 119

Security System Operations Report 119

PYMNTS

DECEMBER 31, 2020

Security challenges are mounting, too. PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. The Face of Fraud. Not all CP purchases are equally safe, however.

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Fraud Strategy Security Cards 273

PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. A 2018 study on payment fraud mitigation reported that 75 percent of financial institutions (FIs) experienced fraud losses. Some 1,473 breaches revealed 164.7

Analytics 141

Analytics Data Security San Diego 141

PYMNTS

NOVEMBER 20, 2020

According to Loadsmart, examples include “truckload instant pricing and booking in 2015; server-to-server autonomous truckload booking via API and TMS integrations in 2016; and drayage and transload digital services in 2019.”. Loadsmart’s financial adviser on the deal was Goldman Sachs, while Paul Hastings handled the legal work.

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Capital Online Industry Strategy 253

PYMNTS

MAY 8, 2020

Now more than ever, people are counting on technology to help them make contactless payments, shop, and manage their finances without leaving the house,” said Sang Ahn, vice president and GM of Samsung Pay’s North America service business, in a statement. By early 2019, Samsung Pay’s international presence grew to six global regions.

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PYMNTS

FEBRUARY 14, 2020

The fraud prevention race is the same as it has always been, with merchants and security companies sprinting to stay ahead of cybercriminals to keep data safe and secure. Although fraud losses from banks, retailers and online platforms have continued into 2020, so has security innovation.

Fraud 150

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PYMNTS

OCTOBER 9, 2020

found that 32 percent of consumers have been targeted by some type of pandemic-related fraud , for example. Digital-first banks, insurance firms and merchants are tasked with protecting against the schemes to keep their customers’ data secure. trillion due to consumers abandoning their platforms per year, for example.

Fraud 208

Fraud Security Mobile Examples 208

PYMNTS

OCTOBER 15, 2020

The SWIFT network, for example, began collaborating with Microsoft and BNY Mellon to institute cloud-based cross-border payments , allowing banks to move away from correspondent banking and improve the payments experiences of their corporate and retail customers. About The Tracker.

Payments 228

Payments Report Study Security 228

Perficient

JANUARY 26, 2021

Quantum computing is one of the hottest technologies in the world right now, but it also considered an extremely complicated field because the quantum concepts involved aren’t easy to understand. However, there is a physical limit to this technology. The development of quantum computers could affect data security.

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System Technology Data United States 505

PYMNTS

OCTOBER 13, 2017

To put it another way, the theme of the fairy tale applies to the transactional world in which we live — getting it all just right and in balance, a crucial concept when it comes to the consumer experience and security in card-not-present (CNP) transactions. trillion by 2019, noted James Rendell. The industry is slated to be at $3.6

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PYMNTS

JULY 13, 2020

Listings on property marketplace Zillow that offered virtual tours were saved 50 percent more often by users between March 1 and early April than those that did not, for example. Video technology-enabled and virtual home showings saw increased prevalence as stay-at-home orders were put in place.

Data 198

Data New York City New York Fraud 198

PYMNTS

JUNE 11, 2020

This is fueling a wave of interest and need for digital alternatives, many of which leverage biometric technology. The technology itself is not new — many consumers already use biometric authentication in their daily lives, with 80 percent of consumers using their fingerprints to unlock their smartphones, for example.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. The Budget-Busting Impact of Continuity Subscription Scams.

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Abrigo

JANUARY 8, 2020

Key Takeaways The most popular BSA/AML and fraud blog posts in 2019 related to staying on top of regulatory changes. Some BSA professionals are excited for the promise of added security around transaction monitoring and fraud, while others are worried about the lack of security it provides their jobs.

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Software System Fraud Examples 195

PYMNTS

JANUARY 7, 2019

Welcome to the first Monday of 2019. According to the Chinese calendar, 2019 is the “Year of the Pig” – which may not, at first blush, inspire much excitement for the 358 days ahead of us. In fact, it occupies many 2019 predictions lists. In the payments and commerce world, that’s not much time at all.

Mobile 205

Mobile Innovation Apple Study 205

PYMNTS

APRIL 3, 2020

As Amy McCune, VP & COO of Ericsson North America, told Karen Webster in a recent interview, the shifts in the way we live, work, spend leisure time and even get healthcare delivered are proving to be tailwinds for the next generation of wireless communications technologies. Operators in general across the U.S.,

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