PYMNTS
AUGUST 10, 2016
Newkirk issues identification cards for insurance plans, and in early July, it discovered a server that housed information on members of payer organizations was accessed without the proper authorization. An inquiry into it found access was first made in May.
Independent Banker
NOVEMBER 13, 2014
It’s called ATM cash-out fraud, and it’s a new data security threat where physical attacks and cyberattacks converge. Doing so, they withdraw as much money as they can using either ATM cards issued for fraudulent “mule” accounts they create, or by encoding stolen credentials of legitimate bank accounts onto magnetic stripe cards.
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PYMNTS
APRIL 12, 2019
KVC Health Systems, a child welfare nonprofit based out of Kansas City, has been hit with an email scam. Card Replacement: Moment of Truth for Banks. New Scam Targets Direct Deposit. The emails look legitimate, and purportedly come from the company’s CEO, CFO or payroll director. Latest PYMNTS Trackers.
PYMNTS
OCTOBER 13, 2016
NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. “You want to get into as many use cases as possible,” said Greg Weed, director of card performance research at Phoenix Marketing International.
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