PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

Security 100

Security Payments Boston Fraud 100

PYMNTS

APRIL 5, 2016

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today. However, this rapid evolution generates risks,” Rosengren said.

Boston 100

Boston Fintech Innovation Conference 100

PYMNTS

DECEMBER 29, 2016

A paper published by Boston Consulting Group (BCG) described today as a critical moment in banking history as players face pressure from alternative players and corporate clients that demand newer, better services. “The The time for this radical shift is now,” Boston Consulting Group declared. Fraud Prevention Remains Paramount.

Security 181

Security Fintech Boston Fraud 181

PYMNTS

MAY 5, 2020

“Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud prevention efforts as a result,” according to PYMNTS’ April Credit Union Tracker® done in collaboration with PSCU. This, in turn, helps mitigate fraud.”.

Fraud 239

Fraud Analytics Boston New York 239

PYMNTS

JANUARY 8, 2020

By using secret card-reading devices and pinhole cameras at various locations, Rusu and others were able to commit a widespread bank fraud conspiracy that targeted various banks in Massachusetts, New York and New Jersey from August 2014 to November 2016, according to law enforcement.

San Diego 130

San Diego Cards New Jersey Massachusetts 130

Abrigo

MAY 15, 2020

Key Takeaways Like other federal relief programs, the PPP has become subject to fraud. The first federal charges of PPP loan fraud have been made – and they're unlikely to be the last. From 9/11 to Hurricane Sandy, and now, during COVID-19, federal relief funds aimed to help people rebuild after a disaster becomes subject to fraud.

Lending 195

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PYMNTS

DECEMBER 24, 2020

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. The Federal Reserve said this year that its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Keeping An Eye On Fraud.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat Scan is part of our multi-layered security strategy to secure the payments ecosystem,” said Johan.

Boston 177

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ABA Community Banking

DECEMBER 8, 2017

Boston Fed’s Montgomery to head anti-fraud effort Payments Security.

Security 40

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PYMNTS

AUGUST 21, 2020

New Report: How Behavioral Analytics Help FIs Block Fraud at the ITM. Jim Cunha, senior vice president of secure payments and FinTech at the Federal Reserve Bank of Boston, tells Karen Webster why the Fed is working with MIT to explore digital dollars. Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars.

cryptocurrency 159

cryptocurrency Maine Boston Analytics 159

PYMNTS

APRIL 6, 2016

The pair charged — Ross McLellan and Edward Pennings — face a five-count indictment, touching on conspiring to commit securities fraud and wire fraud and also two counts apiece of securities and wire fraud. The indictment itself alleges that the two — during a timeframe that stretched between Feb. 2010 and Sept.

Fraud 100

Fraud Massachusetts Boston Security 100

PopularBank

DECEMBER 1, 2021

Some risks are unavoidable, but there are ways to lower the financial impact and reputational risk of fraud, and to measure and reduce its impact. Fraud can be analyzed two ways. The first is the likelihood of the fraud occurring. Security and convenience of payment options.

Online 98

Online Mobile Fraud Boston 98

PYMNTS

AUGUST 19, 2019

Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme, Reuters reported on Monday (Aug. He also noted that the alleged fraud scheme “is going to make this company probably file for bankruptcy.

Fraud 108

Fraud Boston Analysis Report 108

PYMNTS

JULY 29, 2019

The suit, filed May 17 by Boston-based law firm Block & Leviton in U.S. District Court in the Northern District of California, contends Lyft committed securities fraud. In May, investors filed a class-action lawsuit against the company. Investors say Lyft misled them in its IPO.

Boston 132

Boston California Fraud Company 132

PYMNTS

MAY 20, 2019

According to a report in CNBC , citing the lawsuit, investors contend Lyft misled them in its initial public offering (IPO) with the Securities and Exchange Commission. The the class action lawsuit, filed Friday (May 17) by Boston-based law firm Block & Leviton in U.S.

Los Angeles 116

Los Angeles Boston California Security 116

PYMNTS

DECEMBER 5, 2019

so people can make secure payments anytime or anyplace, with near-real-time funds availability. The FPC will also provide education about faster payments and fraud mitigation. “We She is also a sponsor of the Federal Reserve’s payments improvement initiative. As a result, the FPC was created in 2018.

Kansas City 135

Kansas City Payments Kansas Boston 135

PYMNTS

SEPTEMBER 23, 2019

This is a market that Boston-based ButcherBox is catering to by delivering grass-fed, grass-finished meat and other humanely raised, sustainably sourced meat and seafood directly to customers’ doors on a monthly basis. Keeping The Meat Secure. The firm’s growth in customers and revenue did come with an increased risk of fraud.

Fraud 108

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PYMNTS

OCTOBER 3, 2019

Mastercard: Fraud-Fighting’s New Mantra — Test, Protect, Prevent . The rivalry between cybercriminals and the fraud and security teams at banks, which are tasked with stopping their attacks, is incredibly lopsided. And Gerber noted that the attacks are going to keep on coming. .

Management 108

Management Fraud Payments Boston 108

PYMNTS

NOVEMBER 18, 2018

Securities and Exchange Commission late last week settled charges with two companies it charged with offering digital tokens in a manner that ran afoul of rules. Back in March the SEC said it would treat most token offerings as the same as securities offerings and that it will impose fines on those that skirted the laws.

Security 151

Security Boston cryptocurrency blockchain 151

ABA Community Banking

MARCH 29, 2018

Picks Boston Consulting Group to produce research Payments Risk Management Online Security.

Study 40

Study Boston Fraud Risk Management 40

PYMNTS

JUNE 21, 2017

SoftBank is helping out Boston-based digital security firm Cybereason with a big $100 million investment. Cybereason turns machine learning and behavioral analytics loose to process data and flag security issues in real time. Businesses need to concentrate on what happens once the adversaries are inside.”.

Software 100

Software Boston Analytics Security 100

PYMNTS

APRIL 2, 2018

The Securities and Exchange Commission (SEC) announced news on Monday (April 2) that it charged Michael Liberty, the founder of Mozido , the FinTech startup, with scamming investors out of their money.

Boston 126

Boston Security Fintech Maine 126

PYMNTS

APRIL 7, 2017

With President Trump’s claim of voter fraud on a massive scale in the 2016 presidential election, it may be time for the country to rethink its voting process. This isn’t the first time that there have been issues with voting in the United States — or wild claims of voter fraud.

blockchain 102

blockchain Technology United States Florida 102

PYMNTS

SEPTEMBER 8, 2017

The Securities and Exchange Commission (SEC) announced that financial services company State Street has agreed to pay more than $35 million to settle charges that it fraudulently charged secret markups. Treasury securities. Levenson, director of the SEC’s Boston regional office, the department which investigated the overcharges.

Boston 101

Boston Chicago Regional Security 101

PYMNTS

MARCH 9, 2017

FBI Director James Comey discussed cybersecurity issues at a Boston College cybersecurity conference this week, highlighting that Americans should let go of their expectations of “absolute privacy.”. There is no such thing as absolute privacy in America; there is no place outside of judicial reach,” Comey made clear to the crowd.

Conference 110

Conference Boston America Security 110

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. He noted there has been additional input from the FedNow Community of 700 members.

Payments 244

Payments Boston System Operations 244

PYMNTS

APRIL 26, 2019

In the April Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of mobile order-ahead and QSRs, including industry milestones, the entry of mobile order-ahead into new and unexpected spaces, and the security threats that prey on both users and providers. Developments from Around the Mobile Order-Ahead World.

Mobile 139

Mobile CA Boston Cards 139

PYMNTS

AUGUST 3, 2016

As Faster Payments become a reality, the issue of fraud is taking center stage. Beyond fraud, fees have also been a focus of banks and consumers, as many financial institutions are considering charging extra for advanced Same Day features. What’s happening in the world of Faster Payments.

Boston 100

Boston Fraud Strategy Payments 100

PYMNTS

OCTOBER 31, 2016

To find out how companies can choose the best solutions for their needs, PYMNTS recent caught up with Perry Kramer, vice president of Boston Retail Partners, to talk about the state of the full-service payments industry, the method his team uses when helping retailers find and adopt new payments solutions and what he sees coming down the pike.

Payments 100

Payments Boston Retail System 100

PYMNTS

DECEMBER 1, 2016

Boston-based company Cybric is a relative newcomer on the cybersecurity scene, but it’s re-envisioning how developers test the security of their applications. “If There have been incremental approaches to application security and security in general, but there hasn’t been enough focus.

Security 100

Security Boston Operations Innovation 100

PYMNTS

JANUARY 19, 2017

Attorney William Weinreb in Boston said in a statement, according to Reuters. Securities and Exchange Commission. “Banks that defraud their clients in this way must be held accountable, no matter how big they are,” acting U.S. Under the terms of the settlement, State Street agreed to pay $32.3 million and an equal amount to the U.S.

Boston 100

Boston Compliance Security Management 100

PYMNTS

NOVEMBER 29, 2019

The data did not reportedly include password information, Social Security numbers or financial information. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. How Ticketmaster Uses AI To Sort Fans From Fraudsters (DataVisor Digital Fraud Tracker). Other investors include T.

Google 129

Google Mobile Data Capital 129

PYMNTS

FEBRUARY 18, 2019

The rule applies to all title companies that deal in markets that have luxury real estate including Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle, noted the report. As for the U.K.,

Las Vegas 182

Las Vegas San Antonio San Diego Fort Worth 182

Abrigo

AUGUST 6, 2019

Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families. FinCEN is committed to addressing compliance failures that put our financial system and national security at risk. The 12 major U.S.

System 264

System Las Vegas San Antonio San Diego 264

PYMNTS

MARCH 25, 2019

“This is now about one product that works for your entire life,” Kirkpatrick said, noting that Mastercard has already embedded its contactless-enabling technology in 16 metro areas, including Los Angeles, Boston, New York and Denver, “which means this is no longer a change coming on the hypothetical horizon, but one coming very soon.”.

New York City 179

New York City Los Angeles New York Training 179

PYMNTS

MARCH 17, 2017

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. The movement toward financial inclusion, and toward a consumer experience that is seamless and intuitive and secure, is one that brings companies to share process and perhaps even prosperity. Connectivity and Collaboration.

Innovation 103

Innovation Lending Boston Security 103

Cisco

MAY 29, 2019

And it’s not just about happy customers… Boston Consulting Group data indicates personalizing customer journeys can lead to a 10-30% increase in revenue. Features such as end-to-end online account opening and simple, secure ID verification tell customers “we see you, and we value your time.” Financial Services at Cisco Live 2019.

Customer Experience 72

Customer Experience Retail San Diego Study 72