PYMNTS

SEPTEMBER 23, 2020

As demand increases for digitally-driven money management solutions, Mastercard has expanded its Digital-First Card Program in North America. With the Digital First Card Program, we have designed a financial experience that mirrors the lifestyle of today’s generation, with simplicity and security as our guiding principle.”.

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PYMNTS

FEBRUARY 25, 2019

Bank of America will drop the Merrill Lynch name from its trading and investment banking outfits, according to reports. The move shows that Bank of America is finally moving past the crisis and the problems it wrought, and focusing on renaming some of its acquired business, including the U.S. 1 brand there is.”.

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PYMNTS

APRIL 15, 2020

A federal judge has ruled that Bank of America (BoA) can prioritize its own customers in distributing loans for the $349 billion Paycheck Protection Program (PPP), according to a Bloomberg report posted by Yahoo Finance.

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PYMNTS

AUGUST 11, 2020

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

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Perficient

MARCH 17, 2021

However, companies within certain industries may be more hesitant to incorporate a nearshore delivery model into their software development projects due to federal regulations around information and data security. The Perficient Latin America team has extensive experience developing custom software solutions for U.S. Secure Passwords.

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PYMNTS

MARCH 5, 2018

Nippon Ichi Software announced news that its American division, NIS America, was the victim of a major data breach that exposed the personal and financial data of online customers. 26, we became aware of a malicious process that had attached itself to our checkout page,” NIS America said in the email. On the morning of Feb.

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PYMNTS

SEPTEMBER 23, 2019

Bank of America has announced that it has joined the Marco Polo Network , the leading trade and working capital finance network. We look forward to working with Bank of America to address critical market challenges and to expand the network’s reach and eco-system to a wider audience of corporate customers.”.

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PYMNTS

DECEMBER 4, 2019

Visa and banking-as-a-service platform NovoPayment are expanding their strategic partnership to advance the deployment of digital solutions in Latin America and the Caribbean, Visa said in a press release on Tuesday (Dec. Visa has also made a strategic investment in NovoPayment.

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PYMNTS

MAY 26, 2017

Bank of America is treading familiar ground for an big bank – Chase, Capital One and Wells Fargo have all made similar integrations with the likes of Intuit, Xero and Finicity. “We

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PYMNTS

JUNE 27, 2018

Bank of America has been accused in a lawsuit of providing more than 100 accounts, used to carry out a $102 million Ponzi scheme. Bank of America, N.A., Securities and Exchange Commission (SEC), which alleged that five men and three companies defrauded more than 600 investors. was filed in U.S.

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PYMNTS

NOVEMBER 11, 2019

Researchers at New York-based Red Balloon Security identified two vulnerabilities in retail cash machines manufactured by Nautilus Hyosung America, the companies said in a joint press release on Monday (Nov. According to an estimate by Red Balloon Security, more than 80,000 machines are vulnerable. based in South Korea.

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PYMNTS

AUGUST 7, 2020

Unisys has partnered with PayCargo , which works in electronic invoicing and settlements for shipping companies, to deliver a new payments platform for cargo providers that a press release touts as more secure and faster. The platform lets clients have their cargo released the same day.

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PYMNTS

OCTOBER 1, 2018

A new survey from Bank of America shines a spotlight on the increasing concerns — and increasing costs — of data breaches. Bank of America said data breaches can be “devastating” to small businesses. Fifty-one percent of small businesses surveyed also said they maintain an eCommerce site, up from 44 percent in last year’s survey.

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Payments Dive

JULY 17, 2023

total BNPL app downloads for the second quarter fell 19% compared to the year-ago period, Bank of America Securities analysts said. In the U.S.,

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PYMNTS

JUNE 12, 2018

Entersekt , the push-based authentication and app security company, announced Tuesday (June 12) that it has opened a new office in Atlanta, Georgia, aimed at supporting the company’s growth and serving as the headquarters in North America. The new headquarters will be located at 7000 Central Park in Sandy Springs, GA.

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PYMNTS

OCTOBER 19, 2020

Silicon Valley checkout-free, autonomous retail startup AiFi has secured a new round of funding, bringing its total raised to $30 million, the company said in a press release on Monday (Oct. He added that Qualcomm is “very impressed” with AiFi's edge-computing solutions.

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BankInovation

FEBRUARY 21, 2023

Bank of America was granted a record 608 patents last year by the U.S. Key automation technologies such as AI and machine learning (ML) applications were at the fore, alongside information security and payment end uses, emanating from a diverse global workforce. Patent and Trademark Office, a 19% rise year over year.

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PYMNTS

SEPTEMBER 26, 2017

Following the Equifax data breach, biometrics and data security have come under increased scrutiny as more companies and consumers consider their security-enhancing features. As a result, new biometrics solutions are popping up, adding additional layers to protect data and secure accounts that need extra care.

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BankInovation

JUNE 22, 2023

Bank of America’s Amanda Sorensen, senior vice president of the Business Information Security Office, is focused on risk mitigation, staying ahead of cybercriminals and monitoring cyberattacks at the $3.1 trillion bank. The Charlotte, N.C.-based billion at a conference […]

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PYMNTS

JULY 2, 2018

According to Tom Durkin, Bank of America ‘s head of digital channels, financial institutions have a new opportunity to embrace this development. ” A 2017 survey from Bank of America found a 14 percent increase in the number of consumers using mobile banking apps compared to 2015. . Take mobile banking , for instance.

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PYMNTS

OCTOBER 30, 2018

Bank of America Merchant Services, the payments, eCommerce and security solutions company, announced Tuesday (October 30) that it and talech, a cloud-based restaurant management software company, are teaming up to roll out a point of sale solution for the full-service restaurant and bar industries.

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PYMNTS

MAY 6, 2019

Bank of America Merchant Services, the payments, eCommerce and security services company announced Monday (May 6) a partnership with Recurly, which runs an enterprise subscription management platform. Subscriptions aren’t the only area Bank of America Merchant Services is going after.

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BankInovation

SEPTEMBER 13, 2022

Bank of America is reporting record digital usership and multiple granted patents on the heels of boosting its technology spend in the first quarter of the year. Bank of America has a deep culture of being innovative and exploring creativity,” Michael Young, senior vice president of global information security at $3.1

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PYMNTS

AUGUST 20, 2019

Apple Card, a new kind of credit card created by Apple, is being applauded by Mastercard for its enhanced security, simplicity, transparency and privacy, CNBC reported on Tuesday (Aug. The no-fee card offers increased security while encouraging customers to pay less interest with an easy-to-understand view of spending. .

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PYMNTS

AUGUST 21, 2019

Along with the growing popularity of IoT devices, from fitness wearables to smart fridges, comes increased security and privacy issues. The latest Intelligence of Things (IoT) Tracker details how these concerns are driving providers to develop new security approaches. Who’s Responsible for Smart Device Security?

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PYMNTS

SEPTEMBER 27, 2017

According to Hari Gopalkrishnan, managing director of consumer facing platforms and technology for Bank of America, that’s especially true when it comes to digital identity security and protection technology for banks and other financial institutions. Partnering to provide a better experience. The next phase of biometrics.

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Payments Dive

MARCH 29, 2019

TNS and P97 Networks are leading the way in facilitating secure and reliable connected vehicle and mobile payments across North America and Europe. Download our case study to learn more about this partnership which has already enabled in-dash fuel payments for over 3 million vehicles across the United States.

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PYMNTS

MARCH 19, 2019

Proceeds from the funding round are slated for expansion into Latin America, where the firm plans to open an office. InstaReM isn’t the only payment company that is using xRapid to send payments around the world quickly and securely. InstaReM is using Ripple’s xRapid product to help banks and consumers, the report noted.

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PYMNTS

DECEMBER 30, 2016

Canada and the Netherlands, as well as a larger launch in Europe this year, Mastercard is now unveiling Identity Check Mobile to Latin America. Smartphone penetration in Latin America was about 32 percent in 2014 and is expected to grow to nearly 70 percent by 2020. After fruitful trials in the U.S., and Europe.”. and Europe.”.

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America Regional Mobile Security 113

Chris Skinner

MARCH 3, 2017

Launched work to address the industry’s most pressing payment system security issues: identity management, data protection, and fraud and risk information-sharing. Published part one of a two-part final report that provides a high-level overview of the payments landscape, and the benefits of faster payments.

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PYMNTS

MAY 30, 2018

What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. Healthcare seems likely to play a role.

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The Paypers

JANUARY 15, 2024

Prometeo has secured USD 13 million in a Series A funding round, in order to develop a more accessible and interconnected financial system in Latin America.

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BankInovation

FEBRUARY 15, 2024

Financial institutions prioritize investment in cybersecurity technology but no matter how much they spend for protection, their systems and data remain vulnerable. “You could never say any organization is 100% secure and they’ll never be hacked,” Ray Kelly, fellow at cybersecurity company Synopsys Software Integrity Group, told Bank Automation News, (..)

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Banking Exchange

NOVEMBER 22, 2020

The Bank of America was picked by the Italian government to co-lead on an attempt to secure a merger for bank Monte dei Paschi Management Feature Feature3 M&A.

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The Paypers

JUNE 5, 2023

Security and transaction monitoring solutions provider Sumsub has shared fraud data statics for North America which showcase an increase in forced verification and deepfakes.

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America Fraud Security Data 36

PYMNTS

DECEMBER 26, 2018

In other news, Bank Of America may be looking into using blockchain technology for automated teller machines (ATMs), CoinDesk reported. The individual, who brought Bithumb parent Bitsy Korea.com to court, claimed that the exchange “requires a high degree of security measures, required by financial institutions.” According to a U.S.

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PYMNTS

JANUARY 12, 2018

12) in a blog post that it is making the signature an option — and no longer a requirement — for EMV chip-enabled merchants across North America. Those investments and focus, the company said, will help “define the future of payments security.”. Visa said today (Jan. million U.S. locations, according to the post.

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