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Banking Apps Shun Geolocation Data; Why Fraud Risks Could Follow

PYMNTS

Given the importance of banking, the growing prevalence of online banking and the inherent confidentiality of banking-related personal data, he said he sees the failure to use geolocation — a common but high-value fraud deterrent — as inexplicable. What I've heard multiple times is, ‘Why did [the bank] think I was in Detroit?

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Newegg Victim Of Data Breach That Lasted A Month

PYMNTS

According to a news outlet citing RiskIQ Threat Researcher Yonathan Klijnsma, the research found that hackers installed 15 lines of card skimming code on Newegg’s payments page, which stayed on the site from Aug. The hackers sent credit card data to a service controlled by them, noted the report. 14 through Sept.

Data 161
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MGM Resorts Admits To 2019 Hack

PYMNTS

The hotel said the data breach didn’t involve any password, financial or payment card information, and that all the guests who were affected were notified of the incident. MGM Resorts has locations in Las Vegas, Detroit, Mississippi, Maryland and New Jersey, and its properties include the Bellagio, Mandalay Bay, MGM Grand and Park MGM.

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Macy’s Online Customers Warned Of Data Breach

PYMNTS

The retailer said that a threat targeted the profiles of customers for nearly two months, Detroit Free Press reported. The company stated that hackers were able to access personal information from about 880,000 payment cards. However, Macy’s said the accounts don’t include Social Security numbers or CVV numbers.

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How FanFood Brings Mobile Ordering To Sports And Concerts

PYMNTS

Such services are gaining ground at sports venues, too, with teams such as the Detroit Lions rolling out options that help fans skip long lines and avoid missing big plays. Fraud challenges all mobile order-ahead apps, and FanFood is no exception. We’re currently on Version 1.6 of the product,” he explained. “In

Mobile 101
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The Cashless Top 10

Tomorrow's Transactions

Based on the rate of cash-free transactions and the percent of the population that relies on a debit card, here is a look at the 10 countries leading the pack toward a nearly cashless economy. Make sure you have a credit or debit card on you; the city’s parking meters no longer accept cash or coins. United States.

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