PYMNTS

NOVEMBER 30, 2020

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. In total, about $104.5 million erroneous payment resulting from a BEC scam.

Fraud 177

Fraud Cyber Security Data Software 177

Payments Source

AUGUST 8, 2019

The Massachusetts senator asked Richard Fairbank in a letter why the bank didn’t detect the breach for nearly four months and how it plans to prevent future cyber intrusions.

Massachusetts 90

Massachusetts Capital Cyber Security Regional 90

Jeff For Banks

OCTOBER 4, 2014

But wait, ING Direct grew to $92 billion in assets until ING Group divested it to Capital One. Aside from the cyber security of it, let''s think of the implications from a corporate accounting system that wants to interact directly with the bank''s core. Was Vanguard a disruptor? Was ING Direct a disruptor?

Technology 104

Technology Cyber Security FDIC Strategy 104

Jack Henry

APRIL 30, 2014

Regional Coalitions. The FDIC encourages subscribing to these various groups to ensure that you receive regular security alerts, tips, and other updates. It ends with encouragement to utilize cyber-security resources like the ones I mentioned earlier. Secret Service Electronic Crimes Task Force (ECTF). FBI InfraGard.

Fraud 88

Fraud Cyber Security ATM FDIC 88

PYMNTS

NOVEMBER 13, 2017

But that is changing as more consumers in the region are embracing digital methods and purchase channels, and the payments industry is pegged to grow ten-fold to $500 billion by 2020. Digital payments are still misunderstood among many, often seeming like a difficult and unnecessarily complex addition to their lives.

St. Louis 108

St. Louis cryptocurrency Cyber Security Fintech 108

William Mills

NOVEMBER 9, 2017

The panelists, John Hans Morris, Managing Partner at Nyca Partners; David Sosna, co-founder and CEO of Personetics; and David Klein, co-founder and CEO of CommonBond, explained how banks have a fundamental advantage of cost and capital while fintechs are well positioned to leverage technology that builds customer engagement.

Cyber Security 40

Cyber Security Conference Fintech Security 40