PYMNTS

NOVEMBER 3, 2017

The November edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, examines the latest efforts by businesses and governments to make faster payments both more widely accessible and secure. The Department of Homeland Security observes October as National Cyber Security Awareness Month.

Trends 125

Trends Apple Cyber Security Analysis 125

Jack Henry

APRIL 30, 2014

The following steps are expected of FIs: Maintain an information security program and risk assessment, Monitor Internet traffic to your website in order to detect an attack (establish a baseline so you can easily discern an increase in activity). It ends with encouragement to utilize cyber-security resources like the ones I mentioned earlier.

Fraud 88

Fraud Cyber Security ATM FDIC 88

American Banker

AUGUST 24, 2022

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Maine 36

Maine Data Cyber Security Security 36

PYMNTS

DECEMBER 16, 2016

No, you aren’t experiencing déjà vu all over again — as it turns out, that breach of over 500 million Yahoo accounts from 2014 announced in September was more the opening act than the main event. Yahoo stated that it has taken measures to secure user accounts and is currently working with law enforcement in an investigation.

Data 100

Data Security Cyber Security Retail 100

PYMNTS

JULY 15, 2016

Unfortunately, Fauss says, regulating prepaid cards out of the market as a low barrier alternative to DDA accounts will not make consumers who are currently unable to get bank accounts suddenly able to get one – or make a millennial who is concerned about cyber security any more excited to use her existing debit card at a merchant POS.

Cards 100

Cards Millennials Regulation Cyber Security 100

FICO

MAY 22, 2017

While a few have been critical that it was not bold enough, most reviewers seem to be endorsing the main message, both for what it does (initiating broad self-assessments by agencies), and for what it does not do (consolidate all accountability in the DoD). The order is relatively short, with three operational sections.

Security 45

Security Cyber Security Guidelines Tools 45

American Banker

JUNE 15, 2020

Peoples Bank in Arkansas and Main Street Bank in Massachusetts are getting smarter about spotting suspicious transactions tied to unemployment benefit fraud as well as warning customers what to watch out for.

Arkansas 41

Arkansas Massachusetts Maine Fraud 41

PYMNTS

JULY 16, 2016

And emojis have more that a communication or commerce future – they may also be the next big thing in providing consumer security when logging into mobile banking. “Five years ago, it would have taken a day or so to break a five-digit password,” Knight says. “Now, they can do it in a few hours.”

How To 100

How To Cyber Security social media Security 100

Fintech Labs Insights

MAY 24, 2016

Trulioo president Jon Jones explains, “We focused efforts in securing data sources in these particular markets due to the significant growth in cross-border commerce, which has been made possible by Internet penetration and mobile technology.” The product is available as an API or through an online portal.

San Francisco 15

San Francisco Cyber Security Maine Innovation 15

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Second, we used to believe that what they have is relative secure and inaccessible to others.

Data 40

Data Security System US 40

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Second, we used to believe that what they have is relative secure and inaccessible to others.

Data 40

Data Security System US 40

Tomorrow's Transactions

NOVEMBER 7, 2014

This reminded me that I had similar thoughts last year, when the organisers of the University of Cambrige’s Rustat conference on “The Cyber Revolution in Global Finance” were kind enough to invite me along to their event and take part in a panel discussion about Bitcoin and the future of money. From Rustat Conferences ].

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58

PYMNTS

AUGUST 12, 2016

Too bad, said Apple, who yesterday fired back with an assertion that providing access to the NFC antenna would “fundamentally diminish the high level of security that Apple maintains on its devices,” turning a blind eye just for the moment to the account takeover issues that have plagued Apple since launch.

Lending 100

Lending Apple Cards Study 100

Tomorrow's Transactions

APRIL 25, 2016

So: the back received a perfectly legitimate request on a secure channel. The problem lays with the security of the originator, not the receiver. Me telling my bank to send money to somewhere, even if that somewhere is the Dunkin’ Donuts at the main railway station in Minsk, is that same as me sending my bitcoins from my wallet.

Bitcoin 30

Bitcoin System Fraud New York 30

PYMNTS

MAY 8, 2017

The firm released its 2016 Financial Institutions Security Risks report last week, which found that even for non-U.S. financial institutions, the cost of a single security incident could top nearly $1 million. Further, Kaspersky Lab found that 63 percent of FIs believe regulatory compliance doesn’t necessarily guarantee security.

Data 101

Data US Guidelines Cyber Security 101

American Banker

JUNE 26, 2020

Wells Fargo customers targeted with phishing attacks using calendar invites; Fed freezes stock buybacks, caps dividends after stress test results; Citigroup names Titi Cole its head of global operations and fraud prevention.

Fraud 31

Fraud Operations Cyber Security Maine 31