PYMNTS
DECEMBER 7, 2020
“I think [consumers] recognize that if location is not being asked for or provided, then that app is inherently not as secure as it could be,” he said. Unfortunately, most consumers only learn of this location loophole after something bad happens, such as a stolen credit card or a fraudulent transaction, Briggs pointed out.
PYMNTS
SEPTEMBER 19, 2018
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.
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PYMNTS
FEBRUARY 20, 2020
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. The resort said it had upgraded its security to make sure a data breach like this one never happens again.
PYMNTS
JULY 9, 2018
The retailer said that a threat targeted the profiles of customers for nearly two months, Detroit Free Press reported. However, Macy’s said the accounts don’t include Social Security numbers or CVV numbers. The company stated that hackers were able to access personal information from about 880,000 payment cards.
PYMNTS
OCTOBER 28, 2019
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. The app has thus far relied on its payment processor to keep customers’ data secure and flag potentially risky transactions, which the platform can verify in-house.
PYMNTS
FEBRUARY 2, 2018
Some want to pay with cash, while the bulk prefer cards or mobile. Daniel Kahn, MD, co-owner of the GreenSpace Café in Detroit, Michigan, saw the rise of food trucks as a chance to reinvigorate business at his restaurant. Eventgoers often don’t want to carry cash, either, for either security or convenience reasons.
Fintech Labs Insights
APRIL 17, 2017
The new platform will include billpay, mobile deposit, PFM, card services, and wire transfers, as well as a major redesign of CCCU’s website. ” Jadavji listed “greater productivity, improved efficiencies, and increased security” among the reasons why it was “easy to select Bankjoy as our partner.”
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