PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

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PYMNTS

JANUARY 20, 2020

Fabara officially joined Visa in September of 2019, coming from Amex, where he was president of its global services group. Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” And there’s the fact that consumers still love and use their physical cards.

Security 168

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CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” A recording of the hearing is available here. .

Fraud 78

Fraud National Security social media 78

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. Several nations around the world are reconsidering their approach to security and national identity systems. as part of a visa waiver program.

Security 110

Security Report National Millennials 110

PYMNTS

JANUARY 2, 2019

Coverage includes The National Bank of Kuwait ’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. The National Bank of Kuwait has rolled out SWIFT Global Payments Innovation (gpi) services via the payments engine of ACI Worldwide, according to an announcement.

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National Innovation Customer Experience Payments 122

PYMNTS

JANUARY 7, 2019

Coverage includes the launch of Wirecard and Ctrip ’s multi-currency Visa cards for customers in China. fashion retailer Missguided is offering a pay later option through Klarna , and Nordic payments company Nets A/S and merchant payment service provider Concardis Payment Group said they have completed their merger. In addition, U.K.

Cards 168

Cards Groups Payments Regional 168

PYMNTS

APRIL 9, 2020

The cybercriminals demanded $6 million in ransom with a promise that they would not release the sensitive information of Travelex customers, including birthdates and credit card numbers. They claimed to have birthdates, credit card information and national insurance numbers and demanded the $6 million payment.

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Report Groups Data Cards 279

PYMNTS

AUGUST 7, 2020

India has seen a steady stream of digital payments since it locked down to prevent the spread of COVID-19 , but the nation of 1.3 To remedy the problem, the Reserve Bank of India supports an option for offline payments through cards, wallets and mobile devices. In July, the National Payments Corp.

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Payments Guidelines National System 267

PYMNTS

NOVEMBER 7, 2016

Last week, the Fed’s Secure Payments Task Force called for comment from industry stakeholders about what challenges they face when it comes to payments security. “The Secure Payments Task Force is particularly interested in understanding any barriers that may exist to implementing the planned solutions.”

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Security Payments Survey Innovation 193

PYMNTS

JUNE 29, 2020

Launched in the Ukraine a decade ago, the internet-based cybercriminal enterprise stole identities, compromised debit and credit cards and personal, financial and banking information and spread computer malware, the Justice Department’s Criminal Division said in a statement. In April, a joint study by the U.S. and the United Kingdom.

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Nevada Cyber Security Study Security 201

PYMNTS

MAY 6, 2019

Coverage includes the debut of Hong Kong’s MeReal Biometrics Keyper smart fingerprint card. MeReal Biometrics, a biometric card maker based in Hong Kong, has debuted its Keyper smart fingerprint card, according to reports. The card offers multiple forms of communication ranging from contact to sound waves and contactless.

Cards 108

Cards Capital Mobile Security 108

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat Scan is part of our multi-layered security strategy to secure the payments ecosystem,” said Johan.

Boston 177

Boston Security System Cards 177

PYMNTS

JULY 17, 2018

In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. The debate involves virtual cards and their use by insurers to pay healthcare providers. But, much like the payroll card debate, the legal questions around virtual cards also focus on fees.

Cards 100

Cards Georgia Alabama New York 100

FICO

APRIL 12, 2023

mortgage-backed securities (MBS) being held or traded by institutions and investors, a staggering sum that dwarfs the GDP of every other nation except the U.S. mortgage-backed securities (MBS) being held or traded by institutions and investors, a staggering sum that dwarfs the GDP of every other nation except the U.S.

Security 52

Security America Analytics Groups 52

PYMNTS

OCTOBER 6, 2020

To help merchants and promote Afterpay in-store payment services to individuals before the busy holiday shopping season, buy now, pay later (BNPL) firm Afterpay and Simon have announced a national collaboration. There are real opportunities for those brands that deeply understand their consumer.”.

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Millennials Retail United States National 200

PYMNTS

MARCH 12, 2020

Last year, credit card data was stolen from online stores hosted by eCommerce software, hosting and support company Volusion. Hackers breached Volusion servers and inserted malicious JavaScript code, which made its way onto customer store websites, where it recorded payment card details when they were entered into checkout forms.

Data 155

Data Payments Cards Maine 155

PYMNTS

OCTOBER 19, 2016

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Time will tell.

Regulation 100

Regulation Cards Digital Banking social media 100

PYMNTS

JANUARY 13, 2020

The launch of EMV chip cards in the U.S. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. The PYMNTS January 2020 Digital Identity Tracker examines the issues, as well as advances in mobile biometric security, “deepfake” detection and more. It’s not all good news.

Trends 136

Trends Fraud Cards National 136

PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”. dollars and Ukrainian hryvnias.

Data 212

Data Bitcoin cryptocurrency Taxes 212

PYMNTS

FEBRUARY 20, 2018

Same Day ACH became a reality in 2017 after the National Automated Clearing House Association (NACHA) introduced its faster payments infrastructure to the market. Card networks have also taken measures to increase their presence in the B2B payments market. In the U.S.,

Groups 108

Groups Payments cryptocurrency Cards 108

PYMNTS

FEBRUARY 10, 2020

The Equifax cyberattack exposed the financial data of almost 150 million Americans and British and Canadian nationals. The breach gave hackers access to customers’ personal information, including Social Security numbers, drivers’ licenses, credit card numbers and birthdates. “There are exceptions, though.”

Atlanta 134

Atlanta National Conference Security 134

Perficient

JULY 11, 2022

Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. And, I didn’t have to pay interest, so I’d say Afterpay worked out for me well in this instance.

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Fintech Trends South Dakota Apple 474

PYMNTS

FEBRUARY 11, 2020

Many nongovernmental groups and organizations are working to make them ubiquitous across the country, including the Secure Technology Alliance (STA), a nonprofit industry association dedicated to developing and improving security technologies for a variety of businesses. Privacy, Security and Constant Updates.

Security 143

Security Samsung Maryland Cards 143

PYMNTS

AUGUST 11, 2020

“Fraud prevention solutions need to address the most common types of insurance fraud, like bots that submit illegitimate bulk quotes to open fake policies by using consumer information” that is purchased or stolen, Jay Sarzen, senior analyst, Aite Group, said in the announcement. These “are dream setups for a fraudster,” he added.

Fraud 234

Fraud Industry Idaho Customer Experience 234

PYMNTS

FEBRUARY 13, 2020

Card issuers are fielding new technologies and utilizing next-gen identity verification technology to expose the fakers and make social media — and the wider digital domain — safe for kitten vids and funny memes again. federal government doesn’t issue a national identity card, so a number of states have taken it upon themselves.

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social media Louisiana Colorado Samsung 150

PYMNTS

APRIL 5, 2016

In the recent instance of the XSS security vulnerabilities that befell the online shopping cart Zen Cart, for example, the company acted quickly to solve its own problem. But the fact is that things don’t always sort themselves out, effectively, in the retail security game. Sometimes, that assumption is accurate.

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Retail Security Data United States 100

PYMNTS

APRIL 9, 2020

With Visa and Mastercard each having made significant investments to capture more of the SMB segment through an array of payment rails, including card, ACH, and proprietary networks, SWIFT is joining a competitive landscape that aims to overhaul the payment rail status quo. Billhop Eases B2B Card Acceptance. and Sweden, it noted.

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Fintech Payments Oregon Cards 209

PYMNTS

JULY 11, 2016

Late last week, The Register reported that 105 suspects of credit card fraud were arrested in Asia and Europe after a cybercrime ring was busted by authorities. The suspects are accused of using counterfeit credit cards to buy luxury goods, and house searches of the accused resulted in the discovery of 3,000 fraudulent payment cards.

Fraud 100

Fraud Cards ATM Groups 100

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. Multiple crypto operations serving the country, however, are legally based in other nations. dollars and Ukrainian hryvnias.

Bitcoin 148

Bitcoin cryptocurrency Taxes Security 148

PYMNTS

FEBRUARY 2, 2021

City National Bank, Extend Pair On Virtual Cards. To launch its new virtual commercial card offering, City National Bank is working with FinTech Extend, the companies recently revealed. The company, which secured the investment from SBI Investment Co. Virgin Money Taps Codat For Data Sharing. Germany- and U.S.-based

Fintech 142

Fintech Miami National Data 142

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. PbBa is designed to work with the security of a consumer’s own bank.

Retail 116

Retail User Experience ATM Security 116

PYMNTS

DECEMBER 23, 2019

A 22-year-old Turkish man from London was convicted of attempting to blackmail Apple out of $75,000 in cryptocurrency or a thousand $100 iTunes gift cards by falsely claiming he had access to iCloud and other Apple accounts, various outlets reported on Monday (Dec. The National Cyber Crime Unit of the U.K.’s

Apple 137

Apple National Groups cryptocurrency 137

Independent Banker

JUNE 30, 2022

the person who led our crop insurance group had previous experience as a lender, and he moved back into that role when we opened the loan production office there.”. Security Bank Midwest. Security Bank. American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls.

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Community Bank Community National Philadelphia 172

PYMNTS

JANUARY 4, 2019

million encrypted payment cards were involved in the incident, but said there wasn’t evidence that the components needed to decrypt the card numbers were accessed. With the bill, the senators are aiming to organize an inter-agency strategy to combat threats of a high-tech nature to national security by China and other foreign actors.

cryptocurrency 134

cryptocurrency New York blockchain Data 134

PYMNTS

DECEMBER 9, 2019

Instant” is becoming the posted speed limit nationally and globally for transactions. This group championed P2P a few years ago when it felt too risky and un-bank-like for a paper-centric world. But gig workers’ payment preferences are clearly on the side of instant , almost regardless of individual income security.

Millennials 130

Millennials New York City National New York 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. Even more troubling, however, is the cloud security company’s finding that most SMBs estimate the cost of a data breach to be just $10,000. Stronger passwords.

Data 202

Data Los Angeles Survey Cyber Security 202

PYMNTS

JULY 28, 2017

According to WSJ reports out this morning — the cyber dark army has splintered into smaller groups and is increasingly focused on stealing from the rest of the world to give back to its home country. The Korea Financial Security Institute is now reporting a second group using Lazarus that has been attacking South Korea since 2013.

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Groups ATM Security Data 116