article thumbnail

Connected Vehicle Security Takes A Spot In The Front Seat

PYMNTS

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
article thumbnail

The Future of Checks – Tales From The Crypt

South State Correspondent

However, volume has steadily declined as Venmo gained more traction by 2013, combined with real-time payments, Apple Pay, Google Wallet, and Zelle after 2017. The channel is not secure, and any criminal can steal, forge, or alter the checks almost at will. Once a check leaves the payee’s hands, it is mainly unsecured.

Fraud 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Deep Dive: How FIs Can Upgrade Authentication Measures To Foil Fraudsters? Open Banking Attacks

PYMNTS

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. percent between 2019 and 2026, hitting $43.2 percent between 2019 and 2026, hitting $43.2 Tightening Authentication. percent “less likely to be compromised.”.

Security 151
article thumbnail

Deep Dive: Making Smarter Payments Safer

PYMNTS

They must deliver services that customers and clients demand while securing their personal data. billion payments by 2026. This is the case on platforms like Facebook and Google, which enable users to access their platform and allow advertisers to buy ad campaigns. The market completed roughly 1.3 Smarter Data Protection.

Payments 180
article thumbnail

Pride Vendors Look To Triple Sales With mPOS

PYMNTS

percent between 2017 and 2026. Companies across the globe are innovating their mPOS solutions for faster, more secure services. The company recently launched a new reader that’s compatible with mobile wallets, such as Google Pay and Apple Pay. Around the Mobile Point-of-Sale World.

San Diego 130
article thumbnail

Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

That comes as eCommerce is slated to be worth as much as $200 billion by 2026 , according to Morgan Stanley estimates, growing at 30 percent, compounded annually. Google has been retooling Tez , now branding it as Google Pay, and bringing instant loan offerings to consumers, in partnership with several Indian banks.

ATM 187
article thumbnail

Uber’s Rough Ride Of A Week

PYMNTS

At the time, Uber – at the directive of its chief security officer – hid the breach and paid hackers about $100,000 to destroy the data. The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. drivers’ license numbers. drivers’ license numbers.

New York 144