PYMNTS

NOVEMBER 7, 2019

Capital One ’s chief information security officer (CISO), Michael Johnson, is being transferred to a new position following the bank’s colossal cyberattack in July, The Wall Street Journal (WSJ) reported Thursday (Nov. Capital One employees raised red flags over security risks before the company suffered a massive data breach.

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Capital Security Data Seattle 100

PYMNTS

MARCH 19, 2020

Phone scammers claiming to be from the Centers for Disease Control and Prevention (CDC) are saying they have a vaccine to cure the coronavirus (COVID-19), and are asking for credit card and Social Security numbers from unsuspecting victims to reserve it, according to a report by The Verge. Do not fall prey!” Thank you.”. Fauci, M.D.

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Ohio Seattle Payments California 187

PYMNTS

JULY 30, 2019

Seattle-based Thompson was charged with one count of computer fraud and abuse following her arrest on Monday (July 30). noticed her activity on a Meetup she organizes called Seattle Warez Kiddies, which is for people into “hacking, cracking.” I’ve basically strapped myself with a bomb vest,” Ms. Online, she used the name “erratic.”.

Capital 219

Capital Seattle United States New York 219

CB Insights

APRIL 21, 2021

Global payments giant Mastercard has acquired Ekata , a digital identity and security platform provider, in a $850M deal. Ekata: Seattle-based Ekata uses information collected from various sources to provide unique scores, data attributes, and risk indicators to aid companies with identity verification. Who are the parties to the deal?

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Security Seattle New York Software 63

PYMNTS

NOVEMBER 12, 2018

Nordstrom has suffered a data breach that exposed employee names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more. It went on to explain that the information security team at the company discovered the incident, which took place on Oct.

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Data social media Seattle Security 188

PYMNTS

APRIL 24, 2017

A Russian hacker was sentenced to 27 years in federal prison for stealing credit card numbers and selling the data online, according to The New York Times. Seleznev was convicted for running a credit card and identity theft business out of his homes in Indonesia and Russia. “This prosecution is unprecedented.”

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PYMNTS

JUNE 30, 2017

Cybercrime isn’t always about stealing credit card data. If I have a botnet on your computer, my goal is not to let you know — I want to be able to use your computer whenever I want it,” said Corey Nachreiner, CTO of Seattle-based internet security company WatchGuard. Linux Malware Threats. Having any system is a resource.

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PYMNTS

NOVEMBER 5, 2019

The lawsuit was filed by Seattle-based angel investor Gregg Bennett, who has accused Bittrex of violating its own security protocols and ignored industry standards, failing to stop the April 2019 theft. I think this is a problem that requires a lot of solutions and a lot of layers of security.

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PYMNTS

DECEMBER 16, 2019

the FBI recently issued a warning for holiday shoppers of a new scam called eSkimming , in which cyber criminals hack into legitimate online retailer websites to steal shoppers’ credit and debit card details. In the U.S., Yet, analysts warn, as cross-border B2B payment volumes rise, so does the risk of fraud.

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PYMNTS

FEBRUARY 3, 2020

Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb. The new banking solution offers secure international money transfer benefits without fees. The new banking solution offers secure international money transfer benefits without fees.

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Marketing Seattle Customer Experience Security 137

Bank Innovation

JANUARY 22, 2019

Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking. IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. The […].

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PYMNTS

JULY 30, 2019

The security breach at Capital One that exposed 100 million credit card applications and thousands of bank accounts and Social Security numbers is rapidly seeing repercussions. . About 140,000 Social Security numbers and 80,000 bank account numbers were compromised. . The FBI has arrested a Seattle area woman, Paige A.

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PYMNTS

OCTOBER 28, 2016

What about gift cards? Research says millennials love gift cards , so that may be a way to create a budding bitcoin trend. But other research says to forget millennials and focus on ourselves, as many of us enjoy buying eGift cards for me, myself and I — and, sometimes, you. Just like cash.

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Bank Innovation

JANUARY 24, 2019

Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle. INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite.

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Innovation Seattle Fintech US 150

PYMNTS

JUNE 19, 2020

Security Save Of The Week: Blocking The Biggest DDoS Attack Attempt Ever . Walmart this week purchased key assets from Seattle health-technology platform CareZone for a reported $200 million or so. Last summer, Amazon Associate General Counsel Nate Sutton denied the firm had harvested information from third parties for its own use.

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PYMNTS

AUGUST 1, 2019

Although the investigation came around at the same time a Seattle woman hacked a database of credit-card issuer Capital One Financial that was stored on the eCommerce giant’s cloud server, examiners were reportedly not aware of the breach when they visited Amazon’s Virginia facility.

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PYMNTS

SEPTEMBER 29, 2020

According to the eCommerce giant, the new technology will allow consumers to pay via a palm-print scan that verifies their identity and pushes their payment using whatever card they have stored. The technology will make its debut at two Amazon Go locations in the company’s hometown of Seattle, according to published reports.

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Seattle San Francisco Retail Survey 184

Bank Innovation

FEBRUARY 18, 2016

Gray will discuss corporate banking and blockchains on March 1 in Seattle with JP Jolly of Citigroup and Deva Annamalai of Fiserv. Bank Innovation is pleased to welcome Marley Gray, Microsoft’s director of technology strategy for blockchain and financial services, to our speaker faculty.

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blockchain Seattle Strategy Innovation 199

PYMNTS

NOVEMBER 11, 2016

Six months after finding Amazon to be liable in the case brought to court by the Federal Trade Commission, Seattle-based U.S. Interestingly, Coughenour rejected Amazon’s request to reimburse through gift cards because he said that the tech giant would likely “recapture some of the profits that are at issue.”.

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Bank Innovation

MARCH 4, 2016

SEATTLE — The Silicon Valley model for its startups is well-known. Heck, there’s a Wikipedia for it. It centers on a simple principle: build a business that scales, no matter the initial profitability. And then scale it like mad. Or, in technical terms, build a business that has the potential Read More.

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PYMNTS

MARCH 5, 2019

Meal kit service Munchery has filed for bankruptcy and still owes $3 million in unfulfilled customer gift cards and another $3 million to its vendors and suppliers. That came after it shut down service in Seattle, Los Angels, and New York. million in senior secured debt, as well as convertible debt of approximately $23 million.

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San Francisco Los Angeles Capital Seattle 117

Bank Innovation

FEBRUARY 24, 2016

After a difficult deliberation, 10 early-stage fintech companies were selected by a team of judges to compete in this year’s DEMOvation Challenge, to take place in Seattle on March 1. Many applied, few were chosen.

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Innovation Seattle Fintech Company 150

PYMNTS

AUGUST 20, 2018

Our operating [thesis] is that, going forward, security demands are going to grow, not diminish — and identity is a key element of security,” Cornick told Webster. We want to build the bridge that connects the gap between the need for security and the need for fiction-free experiences.”.

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PYMNTS

OCTOBER 17, 2016

Nets and OT will combine their capabilities to offer an end-to-end mobile payment solution, which will include host card emulation (HCE) and tokenization to secure payments. “By These are the guys who are not necessarily limited to just stolen credit cards or spoofed accounts. The collaboration, announced on Oct.

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PYMNTS

DECEMBER 12, 2018

With the opening of Amazon Go in Seattle in January , Amazon arguably popularized the cashierless store concept. To gain access to the space and become authorized, a consumer can swipe her credit card or scan a quick-response (QR) code generated by a mobile app. He also said the technology could be deployed in office spaces.

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PYMNTS

APRIL 19, 2019

Tech giant Apple recently released a new way to keep credit card numbers away from the prying eyes of cybercriminals. Apple’s new offering, a biometric credit card, comes with security features that make fraud difficult for bad actors. Seattle Seahawks Score a Biometrics Win.

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Seattle Fraud Security Cards 155

Fintech Labs Insights

NOVEMBER 23, 2020

Just out of stealth, Seattle-based fintech startup Secure Save is on the winning side of all these trends. That’s what Secure is launching. That withholding, along with any employee match, are added to the secure account each pay period. HQ: Seattle, WA. Remote services? Low-cost subscription model?

Security 15

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Fintech Labs Insights

FEBRUARY 23, 2017

Seattle-area startup Switch announced today that it is providing “early access” to its free payment management service. ” Switch enables shoppers to easily match payment options with specific online merchants, subscriptions, and payments, as well as automating both the checkout and card updating processes. .”

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Cards Online Management Seattle 18

PYMNTS

AUGUST 22, 2019

Federal prosecutors in Seattle say she has a long history of dangerous behavior that includes threats to kill others and to commit “suicide by cop.” Thompson’s lawyers, however, asked a judge to cancel a bail hearing set for later this week and immediately release her to a halfway house, with GPS monitoring.

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Fintech Labs Insights

JUNE 17, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Here is a list of the 15 challenger business credit cards currently active in the United States. Bento for Business.

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Fintech Labs Insights

JUNE 17, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Here is a list of the 15 challenger business credit cards currently active in the United States. Bento for Business.

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Cards Utah Online Austin 15

PYMNTS

MARCH 20, 2018

merchants don’t accept the only Chinese credit card that they have, Union Pay. The top 10 North American cities that Alipay is targeting mirrors their travel patterns: Los Angeles, New York, San Francisco, San Diego, Chicago, Houston, Seattle, Toronto, Vancouver and Calgary. and most U.S. The Alipay Freedom Pay Partnership.

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PYMNTS

JUNE 18, 2018

Some of those upgrades will include the ability to explore products and services as soon as the app is downloaded, a new chat option that connects consumers directly to a specialist, and a digital wallet functionality that enables clients to add and instantly approve credit cards to their eWallets. The Loss: Ripple .

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Data cryptocurrency America San Francisco 101

Fintech Labs Insights

OCTOBER 29, 2020

There were two fintech companies pitching, Toronto’s Treasure and Seattle-based Arrived Homes both tackling big problems with the always exciting direct-to-consumer model. Description: Digital bank for kids (with debit card). HQ: Seattle, WA. Check out their 3-minute pitches below. Business model: Direct-to-consumer.

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Atlanta Fintech Seattle Digital Banking 15

PYMNTS

MARCH 11, 2020

with new openings scheduled for New York, Chicago, Seattle and San Francisco on the agenda for his year. Shoppers enter the store using a credit card. And, as of reports two weeks ago, cashierless tech is breaking out of the small footprint, convenience store-esque locations that are Amazon Go stores.

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Retail San Francisco Technology Data 130

NCR

NOVEMBER 28, 2016

This concept has been around for some time. In Europe several countries who have deployed this sort of defense strategy have seen major reductions in the amount of card fraud losses. When a card transaction is made, the system can check this against the location reported by the app to see if they match before approving the payment.

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PYMNTS

MAY 22, 2017

Consumers, Karen Webster noted, weren’t looking to use smartphones as a new payment form factor in stores, because cards were and are already doing a largely acceptable job when it comes to lining up at a point of sale and paying. Though Webster and Canning noted that as technology is evolving, merchant complexity is diminishing.

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