Remove Apple Remove Fraud Remove Security Remove social media
article thumbnail

TRENDING: Is Sharing Cybercrime Data Key To Fighting Fraud?

PYMNTS

In the latest Digital Banking Tracker , PYMNTS examines how customer migration to mobile and digital offerings is creating security related challenges for banks big and small — and how financial institutions (FIs) around the space are working to solve them. Elsewhere in the space, FIs are seemingly more focused on social media integrations.

Fraud 178
article thumbnail

Hackers Steal Alipay Customers’ Money Via Stolen Apple IDs

PYMNTS

Alipay , the mobile payment app, said Wednesday (October 10) that hackers stole money from accounts via stolen Apple IDs. Reuters , citing Ant Financial , the payment affiliate of Alibaba, reported the Chinese company said the issue hasn’t been resolved even though it reached out to Apple already.

Apple 203
Insiders

Sign Up for our Newsletter

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

article thumbnail

Apple Apologizes For Stolen Apple IDs In China

PYMNTS

Apple, nearly a week after it emerged that some Apple IDs were stolen in China, apologized for the hacking, saying in a statement that it found “a small number of our users’ accounts” had been accessed via a phishing scam, reported The Wall Street Journal. Alipay , the mobile payment app, said on Wednesday (Oct.

Apple 115
article thumbnail

Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

article thumbnail

Stopping Fraudsters From Taking The Travel Industry For An $11B Ride

PYMNTS

Fraud attacks’ frequency and complexity will likely continue to rise despite merchants’ best efforts to prevent them. The Latest Fraud Decisioning Developments. The United Kingdom’s RELX , an information and analytics firm, has meanwhile purchased fraud prevention firm Emailage to boost its own anti-fraud efforts.

Industry 225
article thumbnail

FTC Sues Beam Financial For Failing To Deliver Mobile Banking Users’ Funds

PYMNTS

The late funds proved to be even more of a problem when several customers, reviewing it on the Google and Apple app stores, claimed they were unable to reach Beam for customer support by phone or email. Various types of fraud have been on the rise since the pandemic started. rate, while many users actually ended up with much lower 0.04

Mobile 162
article thumbnail

Malicious Apps Gained Access To Some Facebook, Twitter Users’ Personal Info

PYMNTS

Twitter noted that it would be informing affected users, and has let Google and Apple know about the flaw so they can take additional action. We encourage people to be cautious when choosing which third-party apps are granted access to their social media accounts.”.

Google 226