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.

Security 130

Security Conference Video Apple 130

PYMNTS

SEPTEMBER 10, 2019

These include security and grappling with legacy systems in the embrace of real-time payments. 57: Number of real-time payments schemes operating worldwide in 2019. 72: Number of countries across which payment schemes operate in 2019.

Security 134

Security Payments Regional Operations 134

Bank Innovation

MARCH 12, 2019

Identity proofing and verification startup Diro Labs won the DEMOvation Challenge today at Bank Innovation Ignite 2019 in Seattle. In addition to bragging rights, the company will receive admission to the INV Fintech Accelerator and an advertising package on Bank Innovation.

Seattle 186

Seattle Innovation Fintech Company 186

Bank Innovation

JUNE 3, 2019

Bank, will participate in a fireside chat at Bank Innovation Build 2019, this blog’s event on best practices in banking innovation. Dominic Venturo, executive vice president and chief innovation officer at U.S. Bank Innovation Build will take place November 6-7 at Atlanta’s W Hotel Downtown. Register here.)

Innovation 170

Innovation Atlanta Industry social media 170

PYMNTS

DECEMBER 11, 2018

In its 2019 Executive Perspectives on Top Risks survey, published last week, Protiviti surveyed 825 board members across industries and across geographic markets to understand how corporations today are preparing for the year ahead. On the whole, researchers noted, the c-suite perceives 2019 risks as greater than in years past.

North Carolina 163

North Carolina Survey America Big Data 163

Insights on Business

JANUARY 17, 2019

IBM will be hosting IBM Think 2019 from February 12-15 this year at a new location in San Francisco, CA. Digitally transforming operations, operating models and technologies to compete in a changing industry structure. Optimizing risk, compliance and security. Return soon to read more Think 2019 financial services blogs.

San Francisco 93

San Francisco CA social media blockchain 93

PYMNTS

JULY 16, 2019

Days after admitting to a hack that caused the loss of $32 million in cryptocurrency, Bitpoint Japan, a cryptocurrency exchange operator run by Remixpoint , said on Sunday (July 14) it has discovered an additional $2.3 This marks the eighth major cyberattack on a cryptocurrency in 2019 and is one of the largest. million was stolen.

cryptocurrency 128

cryptocurrency Security Survey Bitcoin 128

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That trend is certainly nothing new.

blockchain 170

blockchain Retail Trends Mobile 170

PYMNTS

AUGUST 4, 2020

Financial institutions (FIs) plan to spend 15 percent more protecting their computer networks in 2020 than they spent in 2019, according to a report based on the results of a survey conducted by Deloitte & Touche LLP and the Financial Services Information Sharing and Analysis Center.

Survey 265

Survey Security Analysis America 265

PYMNTS

DECEMBER 21, 2018

Microsoft issued an emergency security update for Internet Explorer after hackers were able to exploit a new flaw in several versions of the browser. Unfortunately, the security issue come right before what is expected to be the biggest shopping day of the year: the Saturday before Christmas.

Security 179

Security Analysis Google Data 179

PYMNTS

DECEMBER 2, 2019

Looking back at 2019, and at cryptocurrencies, we may well make the declaration that fraudsters got a lot more brazen … which may mean 2020 is the year lawmakers and regulators clamp down through a global, concerted effort to root out financial crime. million, was the lowest tally seen in years. A Grander Stage.

Fraud 130

Fraud Report cryptocurrency National 130

PYMNTS

FEBRUARY 20, 2020

MGM Resorts International, a hotel and casino operator, admitted it had experienced a data breach following a report saying information on 10.6 The resort said it had upgraded its security to make sure a data breach like this one never happens again. million guests was compromised, according to a report by Reuters. .

Las Vegas 130

Las Vegas Mississippi Detroit New Jersey 130

PYMNTS

FEBRUARY 28, 2019

IoT Security Concerns. A company such as Zededa generally operates in an area called “edge computing,” which a recent article from PCMag.com defined as “an architecture in which data is processed closer to where it originates.” Security Upgrades? percent by 2024.

Security 198

Security Survey Course Data 198

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. Bad actors are increasingly trying to exploit confusions as companies transition to remote operations.

Security 130

Security Fraud Tools Survey 130

PYMNTS

DECEMBER 20, 2019

That famous literary opener could apply to the mobile order-ahead (MOA) space in 2019. Uber Co-Founder Travis Kalanick has even secured $400 million to develop his new CloudKitchens concept, which rents fully equipped cooking spaces to delivery-only restaurants in major metros. “It was the best of times, it was the worst of times.”

Mobile 131

Mobile Fraud New York City Metro 131

Bank Innovation

MARCH 13, 2019

The customer experience in banking will change drastically over the next 10 years said panelists at the Bank Innovation Ignite 2019 in Seattle on Tuesday.

Customer Experience 150

Customer Experience Seattle Innovation Groups 150

PYMNTS

OCTOBER 2, 2019

He is accused of setting up and operating Darkode, a black marketplace that operated between 2008 and 2013, as well as creating and deploying Mariposa, one of the largest botnets. And Samsung-backed Blocko is now in the UAE after it secured funding in Asia Pacific and Europe.

blockchain 145

blockchain Security Bitcoin United States 145

PYMNTS

DECEMBER 28, 2018

bank branches in 2017 “reflects the industry’s ongoing evolution to serve customers more effectively while reducing operating costs.”. Glover spoke with PYMNTS again about how this trend will carry into 2019 and what technologies might be able to help banks strike the balance. In 2019, it is about ensuring the FI has the right?

Fintech 177

Fintech Customer Experience Tools Technology 177

PYMNTS

MAY 13, 2019

Commonplace operations such as food trucks and nonprofits are using these products, as are furniture restoration merchants and even buskers. 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. .

Security 123

Security Cards Branding Payments 123

Abrigo

APRIL 22, 2024

The piece covers: The small business lending market and its role in communities and the economy Traditional depository institutions’ changing market share in small business lending The challenges (financial and operational) of small business lending for banks, credit unions, and borrowers. trillion between 2019 and 2022.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

OCTOBER 30, 2020

FIs were fined more than $17 billion in penalties between 2009 and 2019 for improper AML procedures, for example, including major players like Commonwealth Bank of Australia, Deutsche Bank and Goldman Sachs.

Operations 228

Operations Payments Compliance System 228

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. According to one estimate, “about 50 million internet-connected cars operate on U.S. And, as PYMNTS has documented , one of the main questions there is who is really responsible for IoT security.

Security 119

Security System Operations Report 119

PYMNTS

OCTOBER 22, 2020

In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. billion kronor (approximately $171 million) infusion in 2019.

Security 134

Security Groups Payments Regulation 134

PYMNTS

FEBRUARY 20, 2020

One of the major factors weighed by owners when making that choice is how they will receive payments from guests, which is why it is critical for intermediary platforms to make sure home owners can receive payouts both easily and securely. Catching Up On The Freelancer Payment Curve.

Security 161

Security Regulation New Jersey Payments 161

Insights on Business

JULY 17, 2019

It’s gratifying to see IBM once again positioned in the Leaders Quadrant of the 2019 Gartner Magic Quadrant for IT Risk Management, released on July 3 rd for its OpenPages with Watson solution.* Digitalization brings along risks like IT security, Cybersecurity, etc. Learn more at ibm.com/RegTech.

Risk Management 110

Risk Management Management Report Compliance 110

Insights on Business

FEBRUARY 10, 2019

Welcome to Think 2019 in San Francisco, CA! Digitally transforming operations, operating models and technologies to compete in a changing industry structure. Optimizing risk, compliance and security. Download the NEW IBM Events app for Think 2019. See the full Think 2019 conference guide. Useful links.

San Francisco 79

San Francisco blockchain Conference Video 79

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. They need to thoroughly vet new customers and comply with security obligations to prevent crime from proliferating. Tapping Mobile KYC .

Mobile 130

Mobile Security Examples Study 130

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.

Compliance 151

Compliance Fraud Regulation Security 151

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. It’s all in the name of siphoning company cash from accounts payable operations, and experts say the threat will continue to increase.

Security 111

Security Strategy Payments Examples 111

PYMNTS

JANUARY 17, 2020

Take the issue of retail security as one example. As that happens, retail operators — including some of the biggest and most famous — are turning to AI and putting more faith in the technology to help secure the future. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149

Retail Security Fraud Illinois 149

Perficient

AUGUST 16, 2023

Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. In 2019, it expanded by buying its fourth branch from a competitor. Mr. Herndon named the Federal Deposit Insurance Corporation (“FDIC”) as receiver, allowing the FDIC to take control of the Heartland Tri-State’s operations.

United States 221

United States Kansas FDIC Risk Management 221

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.

Compliance 243

Compliance Data Report Meeting 243

Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

Conference 170

Conference Fintech social media Operations 170

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Many banks are still operating with legacy systems and applications.

Security 70

Security social media Video Policies 70

PYMNTS

DECEMBER 10, 2020

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. We immediately contained the suspicious activity and the business is operating normally. Krebs said the attackers have said they plan to publish more in the coming days.

Online 226

Online Data Columbus Cards 226

Insights on Business

JANUARY 28, 2019

Working with IBM, the bank was able to enable a fully transparent extension of their VMware infrastructure with elastic capabilities while keeping the same operational procedures in a transparent extension of their operations and compute infrastructure over VMware. The breadth of security exposures and risks is constantly expanding.

San Francisco 87

San Francisco Analytics Albuquerque Security 87

Abrigo

JANUARY 3, 2024

While many think of trade, commerce, and cultural exchange when considering this region, ignoring the undertow of illicit activities is impossible—the border remains a hotspot for drug trafficking, illegal arms trade, human trafficking, and smuggling operations, necessitating vigilant scrutiny and transaction monitoring within the U.S.

United States 221

United States San Antonio Training Fraud 221