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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

One recent collaboration came from Texas-based Randolph-Brooks Federal Credit Union (RBFCU), which partnered with Fiserv’s subsidiary Raddon to integrate the FinTech’s Predictive Analytics solution. This makes data security of utmost importance to CUs, but even attacks on unrelated third parties can be devastating to CU members.

Nevada 192
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Darden Cyberattack Puts 567K Cards At Risk

PYMNTS

Darden Restaurants announced Wednesday (August 23) that the data on 567,000 payment card numbers may have been exposed. The company said payment card information — including card numbers — from visitors who went to the restaurants from Nov. 3, 2017, through Jan. 2 2018 may have been affected.

Cards 112
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Fraudsters Accused In $364M Ponzi Debt Scheme

PYMNTS

According to Reuters , the men — Kevin Merrill of Maryland, 53, Jay Ledford of Texas and Nevada, 54, and Cameron Jezierski of Texas, 28 — falsely claimed to be investment professionals and used a fake portfolio to defraud hundreds of investors. Federal prosecutors have charged three men who allegedly ran a $364 million Ponzi scheme.

Baltimore 167
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How community banks can address cybercrime

Independent Banker

One bank with a strong, comprehensive and effective handle on it is $4 billion-asset Texas Bank and Trust Company in Longview, Texas. “We The community bank keeps a close watch on emerging threats experienced by other financial institutions, as well as security researchers’ discoveries through threat feeds. “If

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FTC Reports Over 18K Fraud Cases Linked To Coronavirus

PYMNTS

The FTC stated that no government entity would call to ask for money or personal information like credit card numbers or Social Security numbers, adding that any requests for payment through services like Western Union or MoneyGram are almost certainly scams. On its website, the FTC breaks down the numbers of fraud cases by state.

Fraud 217
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5 payments trends you should know about

Independent Banker

Chris Doyle, Texas First Bank. billion-asset Texas First Bank in Texas City, Texas. A QR code can be converted to an ACH, a card or FedNow [payment],” says Tina Giorgio, president and CEO of ICBA Bancard. Address fraud and security. If I have a credit card, I make a payment every month.

Trends 140
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B2B Investors Reveal Their Appetite For ResTech

PYMNTS

PYMNTS’ latest roundup finds investor interest for B2B eCommerce , small business banking, corporate card technology, cybersecurity and autonomous supply chain tech, but it was a ResTech startup that secured the most funding of the week, by a considerable margin. MaxWholesale.

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