PYMNTS

JULY 25, 2016

Ann Cairns, president of international markets, said in an interview with Reuters that China is extremely important to the future of the company and that the credit card company is poring over the rules in China to see how they would impact the company’s business. That was welcome news to credit card companies, particularly U.S.-based

Cyber Security 100

Cyber Security Payments Cards Marketing 100

Banking 2020

SEPTEMBER 10, 2015

In addition to reselling the technology to your customers, your bank may consider giving the software away to your commercial customers to reduce breach risk and the subsequent indirect risk to loans and card reissuing. Total Identity Monitoring. Most banks offer customers credit monitoring.

Cyber Security 40

Cyber Security Security Fraud Software 40

PYMNTS

JULY 4, 2018

The ETFMG Prime Cyber Security ETF, for example, has risen 18 percent this year, CNBC reported. as well as the credit card numbers of approximately 209,000 people. Following the massive data breach at Equifax last year, the cybersecurity sector has flourished – and so have some of the investments that track the industry.

Cyber Security 192

Cyber Security Examples Security Data 192

PYMNTS

JANUARY 7, 2020

The gang demanded $6 million in ransom in exchange for not releasing sensitive information regarding Travelex customers, including birth dates and credit card numbers. Discovered on New Year’s Eve, the cyberattack is now the focus of a criminal investigation, led by the Metropolitan Police.

Cyber Security 130

Cyber Security Online Retail National 130

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. 11 percent of businesses surveyed in Microsoft’s 2019 Global Cyber Risk Perception Survey said they are confident about their cyber resilience.

Data 202

Data Los Angeles Survey Cyber Security 202

Payments Source

NOVEMBER 7, 2018

Customer card data from nearly all of Pakistan's major banks has been stolen in a cyberattack, according to a Federal Investigation Agency official in Pakistan.

Cards 62

Cards Data Payments Cyber Security 62

PYMNTS

NOVEMBER 2, 2016

government plans to work with industry partners, such as Bath-based Netcraft — an outfit that specializes in internet security services and counts clients that include Microsoft, BT, Cisco and Intel. universities” that will be tasked with increasing security for smartphones, tablets and laptops.

Cyber Security 100

Cyber Security social media Security Survey 100

Qudos Bank

MAY 11, 2023

With online scams leading to millions of dollars in financial losses [2] annually it may be worth paying attention to how well a bank invests in their security and fraud protection, including security practices, privacy measures, and their process for treating fraudulent and unauthorised banking activity.

Cyber Security 40

Cyber Security Fraud Security Online 40

FICO

DECEMBER 12, 2022

Some of the patents granted this year that are most meaningful to me include: “Visualization for Payment Card Transaction Fraud Analysis,” which relates to a computer-implemented method and system for visualizing payment card transactional fraud analysis. Scott received his Ph.D.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

SWBC's LenderHub

JANUARY 26, 2017

However, if you're lending, you're most likely accepting borrower payments, and you need to be informed about the intricacies of PCI DSS, or the Payment Card Industry Data Security Standard. Many of the lenders we partner with often feel like there's a never-ending list of regulatory and compliance requirements to meet.

Industry 60

Industry Security Cards Data 60

PYMNTS

NOVEMBER 3, 2017

Users can simply ask Siri to send money to contacts, with funds withdrawn from a virtual debit or credit card. The Department of Homeland Security observes October as National Cyber Security Awareness Month. And Apple isn’t alone making P2P payments noise. In India, Google’s latest mobile wallet is also creating a buzz.

Trends 125

Trends Apple Cyber Security Analysis 125

PYMNTS

DECEMBER 6, 2018

Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. That threat – and how to defend against it – served as the foundation of a recent PYMNTS discussion that featured Karen Webster and two fraud prevention specialists from KPMG in the U.S. –

Fraud 133

Fraud Payments Security Cyber Security 133

PYMNTS

SEPTEMBER 17, 2018

As for the locale: Search warrants, noted by ZDNet , were served on those individuals in an immigration detention center, yielding 16 mobile phones, various SIM cards and a number of electronic storage devices. The scam, which used those devices and deployed email methods, netted more than $3 million in Australian currency.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

Cards 100

Cards Millennials Regulation Cyber Security 100

PYMNTS

AUGUST 1, 2016

These intelligent solutions not only let you build a secure e-commerce strategy centered on customer value, but also a broader digital business transformation plan focused on competitive advantage. James Jenkins, Director at CA Technologies, has earned a wealth of thought leadership experience in SaaS, payment, and cyber security.

CA 100

CA Security Payments Cyber Security 100

Payments Source

SEPTEMBER 30, 2018

Visa is pursuing the online criminals to prevent future fraud. Visa also works with law enforcement agencies to quantify potential losses and, where possible, assist in the threat mitigation.

Fraud 106

Fraud Cards Online Cyber Security 106

FICO

MAY 2, 2019

As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online. Fraud and data breaches have always had a close, if destructive, relationship.

Fraud 70

Fraud Data Cyber Security Risk Management 70

Payments Source

APRIL 13, 2018

Whether the threat stems from technology or human nature, fraudsters are exploiting any opening they can.

Data 64

Data Cards Payments Technology 64

American Banker

DECEMBER 13, 2016

As online shopping and card fraud increase, startups offering easy-to-use "burner" cards could see strong traction.

Cards 28

Cards Fraud Online Cyber Security 28

American Banker

OCTOBER 21, 2022

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Tools 41

Tools Groups Cards social media 41

American Banker

JUNE 8, 2020

Banks and prepaid card providers have played an unwitting role in scams that have stolen billions of dollars from state unemployment insurance programs, whose payouts soared after coronavirus shut down the economy.

Fraud 90

Fraud Cards Cyber Security Security 90

American Banker

AUGUST 19, 2016

Eddie Bauer acknowledged that a data breach compromised credit cards used in its 350 stores during the first six and a half months of 2016.

Cards 28

Cards Data Cyber Security Security 28

Payments Source

JUNE 7, 2019

Developers of new payment methods often court big retailers to show off their brand, but the card networks' universal buy button is launching with security features designed for smaller shops.

Security 91

Security Branding Retail Cards 91

Jack Henry

APRIL 30, 2014

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. It ends with encouragement to utilize cyber-security resources like the ones I mentioned earlier. Keeping your policies and procedures up-to-date and capitalizing on valuable cyber-security resources will also help in these proactive efforts.'

Fraud 88

Fraud Cyber Security ATM FDIC 88

William Mills

DECEMBER 21, 2017

The fact is that because financial institutions hold valuable consumer data, such as credit card and social security numbers, they are simply more likely to be the target of a cybersecurity attack. This gives attackers a quicker way to obtain credentials, banking and credit card information.

Cyber Security 40

Cyber Security Study Survey Security 40

Payments Source

AUGUST 17, 2018

Financial institutions are hoping to get ahead of the growing and seemingly insurmountable problem of payment card fraud not just by looking at who cyber-attackers are going after currently but who they are likely to defraud in the near future.

Fraud 104

Fraud Cards Payments Cyber Security 104

Payments Source

JULY 15, 2019

The bank is taking a concept that has worked for years in the credit card world — artificial-intelligence-based fraud detection — and applying it to corporate customers' transactions.

Fraud 80

Fraud Payments Cards Cyber Security 80

Banking 2020

NOVEMBER 24, 2015

Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3 The organisation said: “Banks’ and card companies’ security systems detected and prevented a total of £910.9 at the end of 2014.”.

Fraud 40

Fraud Cards Cyber Security System 40

PYMNTS

AUGUST 23, 2017

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. Those sites are then duped into shipping out merchandise purchased using stolen credit card data.

Mobile 102

Mobile San Francisco Tools Security 102

Payments Source

JUNE 8, 2020

Banks and prepaid card providers have played an unwitting role in scams that have stolen billions of dollars from state unemployment insurance programs, whose payouts soared after coronavirus shut down the economy.

Fraud 64

Fraud Cards Cyber Security Security 64

Payments Source

AUGUST 27, 2018

In the same way a card skimmer steals credentials at an ATM, gas pump or point-of-sale terminal, the Magecart malware hides beneath the surface of a website with a digital skimmer to obtain card and personal information.

ATM 63

ATM Cards Cyber Security Online 63

FICO

JANUARY 30, 2017

APAC Fraud Forum : At this FICO customer meeting in the Philippines, my presentation highlighted FICO’s advances in mobile analytics and cyber analytics. Today, cyber threats remain one of the biggest risks to all companies. At this customer meeting we dove deep into the AI topic and the surrounding hype.

Analytics 40

Analytics San Francisco Cyber Security Fraud 40

American Banker

OCTOBER 13, 2020

Credit unions' credit and debit card portfolios could see a surge this week as the online retailer offers two days of deals, while the industry's regulator is set for a cybersecurity update.

Meeting 53

Meeting Regulation Cards Retail 53

Payments Source

JULY 30, 2019

Though involving an eye-popping 106 million credit card applicants' information, Capital One's breach was also unusual in a number of ways, including that it was quickly caught via a responsible disclosure program run by the bank.

Capital 68

Capital Data Cards Cyber Security 68

PYMNTS

AUGUST 12, 2016

What CVS says is unique about CVS Pay (clearly not the name) is that it enables HSA and other co-pay information to be stored in the app so that the proper amount is charged to the user’s registered card at checkout. Its pitch to the family is to use their local Mastercard branded credit or debit card to make those payments.

Lending 100

Lending Apple Cards Study 100

PYMNTS

DECEMBER 16, 2016

By boosting the Fed funds rate for the first time in a year, all sorts of attendant interest rates are going to be on the upswing, from mortgage rates to auto loans to — well — vanilla, standard loans and credit card rates. The impact may be longer term in nature, but the benefits will accrue to banks’ bottom lines.

Data 100

Data Security Cyber Security Retail 100

American Banker

MAY 24, 2016

Everyone agrees that electronic transactions should be as safe as possible, but a PIN mandate will not prevent online or mobile fraud.

Cards 52

Cards Fraud Mobile Online 52