Payments Source

NOVEMBER 6, 2018

The breach may have occurred through a technique called "credential stuffing," in which hackers who have stolen passwords for other websites try them out on an online banking site.

Online 71

Online Data Cyber Security Security 71

Qudos Bank

DECEMBER 9, 2021

Stop all payments related to the scam regardless of what the scammer tells them. Contact their bank immediately if they’ve made payments or shared personal banking details. Most cybercrimes can be reported through the Australian Cyber Security Centre’s Report Cyber service.

Cyber Security 40

Cyber Security Fraud Security Report 40

PYMNTS

MAY 23, 2017

Targeted specifically were customers of state lender Sberbank, customers of Alfa Bank and customers of online payments company Qiwi. A BNP Paribas spokeswoman was unable to confirm or deny this information, but added that the bank “has a significant set of measures in place aimed at fighting cyber attacks on a daily basis.”

Cyber Security 101

Cyber Security Security Mobile Software 101

PYMNTS

SEPTEMBER 30, 2016

online merchants and how that changes over time, and examines the types, sources and geography of fraud attacks. In 2008, before its acquisition by PayPal, Michael led Product at Fraud Sciences, where he faced some of the most challenging questions in the cyber security ecosystem. CEO of Market Platform Dynamics.

Fraud 100

Fraud Data Cyber Security Study 100

PYMNTS

SEPTEMBER 17, 2018

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

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. Stronger passwords. Paying closer attention to suspicious emails. Using public wi-fi with caution and safeguarding mobile apps. ” The U.S. . ” The U.S.

Data 202

Data Los Angeles Survey Cyber Security 202

Gonzobanker

NOVEMBER 17, 2016

The underlying theme my Cornerstone compadres and I picked up over the four-day event was the financial industry’s growing resolve to create “frictionless, personalized payments.” Retailer perspective sessions emphasized improving the consumer’s buying experience versus the payment experience.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

NCR

DECEMBER 2, 2016

The rising importance of one of the most exciting technologies in financial services – biometric authentication – has been marked by Mastercard’s European rollout of Identity Check Mobile , a payment application that allows users to authorize online purchases using fingerprints or facial recognition.

Security 40

Security Payments Cyber Security Regulation 40

Payments Source

SEPTEMBER 11, 2018

Even as online shoppers demand the best security, they demonstrate an astonishingly low tolerance for inconvenience.

Security 62

Security Online Payments Cyber Security 62

PYMNTS

FEBRUARY 24, 2020

as they upgrade their online data and financial rules to support global digital banking innovations. The country takes privacy, particularly financial privacy, seriously, passing its Cyber Security Law in 2016, followed by the Personal Information Security Specifications in 2018 and the MLPS 2.0

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

NOVEMBER 13, 2017

We also had a few surprises on the undeniably more serious side, in the payments and commerce world. Ethereum hiccupped, PayPal pushed into India (and into a direct competition with a hometown hero) and The Federal Reserve decided to take on a reset of digital payments. The Fed’s New Digital Payments Outlook.

St. Louis 108

St. Louis cryptocurrency Cyber Security Fintech 108

Jeff For Banks

OCTOBER 4, 2014

We do it by relying on the payments system or the difficulty in switching banks to retain customers. The cash management specialist wanted to advance the product set so corporate customers could use their own interface with the banking core system instead of using the bank''s online banking tool. We do it by dismissing change.

Technology 104

Technology Cyber Security FDIC Strategy 104

Payments Source

SEPTEMBER 30, 2018

Visa is pursuing the online criminals to prevent future fraud. Visa also works with law enforcement agencies to quantify potential losses and, where possible, assist in the threat mitigation.

Fraud 106

Fraud Cards Online Cyber Security 106

PYMNTS

DECEMBER 16, 2016

Radial data released this week shows that in terms of overall retail online, there’s some opportunity to gain eyeballs and clicks — among less frequent Amazon shoppers. The same survey found that among Amazon shoppers, 95 percent describe the online retailer as “trustworthy.” Two words: Cashless payments. But better act fast.

Data 100

Data Security Cyber Security Retail 100

Tech and Finance

DECEMBER 30, 2018

Cyber security pros and risk analysts should be better than the average person at detecting fraud, but a little over three percent submitted their personal identification information to sign up for an app described as “Shazam for voice identification.”. million fraud complaints in the United States last year.

Fraud 31

Fraud Company Cyber Security United States 31

FICO

MAY 2, 2019

As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online. Fraud and data breaches have always had a close, if destructive, relationship.

Fraud 70

Fraud Data Cyber Security Risk Management 70

NCR

JUNE 23, 2017

Banks are under cyber attack every day and although this sector has made great strides, their ability to detect a breach and take immediate action is still a work in progress. Online fraud is one of the biggest challenges for the financial community. Services Expanding the Threat Landscape. Cardless ATM transactions are one example.

Fraud 45

Fraud Cyber Security social media Analytics 45

PYMNTS

AUGUST 12, 2016

Restaurants — the epicenter of payments innovation, it seems — were on the receiving end of a couple of new opportunities this week that could drive even more feet into them and help them grow. Barcode-Based Mobile Payments. The app will allow users to scan their prescription barcodes, which will trigger a cloud-based payment.

Lending 100

Lending Apple Cards Study 100

Payments Source

JANUARY 9, 2019

based Nuggets is integrating its blockchain technology to existing payment rails, creating a system wherein merchants will no longer have to access or store consumers' personal data.

blockchain 108

blockchain System Data Technology 108

Payments Source

JUNE 7, 2019

Developers of new payment methods often court big retailers to show off their brand, but the card networks' universal buy button is launching with security features designed for smaller shops.

Security 91

Security Branding Retail Cards 91

FICO

FEBRUARY 2, 2017

More recently, online banking has presented a risk, as credentials stolen during data breaches or by malware have been used to siphon or liquidate money from accounts. Finally, wearables that can be used to make payments are vulnerable on both fronts: financial data and physical security. Why wearable data is catnip for hackers.

Cyber Security 40

Cyber Security Security Data Fraud 40

Payments Source

APRIL 5, 2019

housed dozens of cybercriminal groups that set up shop on the platform as online marketplaces to sell a variety of illegal services, such as stolen credit card information, account theft and spamming tools, a team of researchers found. Facebook Inc.

Groups 69

Groups Tools Cards Online 69

Payments Source

APRIL 4, 2019

Sweden-based Klarna is replacing the in-house customer authentication process it developed for its buy-now, pay-later online checkout option with a new approach to streamline merchant integration.

Online 65

Online Cyber Security Security 65

FICO

APRIL 12, 2017

IDC predicts that in 2017, behavioral analytics across compliance, fraud, and cyber detection and prevention will be in place at 15% of banks, helping them to avoid losses, regulatory fines and sanctions. Power at scale: Enhancing fraud, compliance and cyber security defenses . How do behavioral analytics work? .

Analytics 49

Analytics Fraud Compliance Comparison 49

Payments Source

AUGUST 1, 2018

Mobile e-commerce is growing fast, and online retail fraud levels are keeping pace with this expanded sales volume.

Mobile 72

Mobile Data Fraud Retail 72

PYMNTS

JULY 16, 2016

citizens would rather eat a debt and receive no payment for it than ever have to talk to anyone they know about the debt or payment for it. And sure – ordering online has the same minimal interaction outcome – but thre’s a lot of typing. Everyone wants to eat pizza – calling an order it is another story.

How To 100

How To Cyber Security social media Security 100

Banking 2020

NOVEMBER 24, 2015

Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3 The organisation said: “Banks’ and card companies’ security systems detected and prevented a total of £910.9 Customer loyalty.

Fraud 40

Fraud Cards Cyber Security System 40

PYMNTS

AUGUST 23, 2017

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. How confident do you feel in your ability to handle and mitigate the situation? Finally, the tech.

Mobile 102

Mobile San Francisco Tools Security 102

Payments Source

AUGUST 2, 2019

The question of upgrading to 3D Secure 2.0 authorization is relatively easy for European e-commerce merchants, since it's a straightforward way to comply with part of PSD2, the revised Payment Services Directive.

Security 68

Security Compliance Tools Payments 68

Payments Source

JUNE 28, 2018

that malicious code running on its website could have led to personal data and payment details being stolen. Ticket sales company Ticketmaster has warned customers in the U.K. This kind of breach through third-party JavaScript code is quite common and may go undetected for months.

Data 70

Data Payments Company Cyber Security 70

NCR

DECEMBER 7, 2016

Royal Bank of Scotland will start using it for online communication from December 2016. AI also looks set to make its mark in the payments sector. More than two-thirds (67 per cent) predicted higher adoption of these technologies by banks to boost payment efficiency over the next two years.

Innovation 40

Innovation Cyber Security Fraud Industry 40

Fintech Labs Insights

MARCH 29, 2017

Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. VISA to enable electronic business payments for SME clients of B2B electronic invoicing network, Viewpost. FinDEVr New York newcomer Fiserv announces enhancements to its real-time, loan servicing solution, LoanServ.

New York 12

New York Cyber Security Video Capital 12

Fintech Labs Insights

NOVEMBER 18, 2015

Arxan announces Cyber Security scholarship program. Worldpay employees evaluating use of finger vein technology to authenticate payments at the POS without the need for a card. Let’s Talk Payments interviews Hyperwallet CEO, Brent Warrington. New Relic Now Lets Developers Dive Deeper Into Their Analytics.

San Francisco 12

San Francisco Cyber Security New York Conference 12

Payments Source

FEBRUARY 7, 2019

Today phishing scams have become so elaborate that they can take a variety of forms, including a phony job interview.

Data 150

Data Cyber Security Online Fraud 150

Tomorrow's Transactions

APRIL 25, 2016

Nick Middleton from Nationwide put forward an interesting concept: he said we shouldn’t be working toward friction-free payments but “ friction-right ” payments. . Friction-free payments have risks. Matching the friction to payment makes complete sense. Does it mean they don’t need to spend money on cyber security?

Bitcoin 30

Bitcoin System Fraud New York 30

Payments Source

DECEMBER 5, 2018

The first wave of data from this year's holiday shopping season is in, providing insights into where the biggest fraud threats are likely to originate in the final weeks of the year.

Fraud 114

Fraud Data Cyber Security Online 114

Payments Source

NOVEMBER 21, 2018

Across all age groups, many consumers still prefer shopping in stores for various reasons. But even when going into a brick-and-mortar store, these consumers don't leave their digital habits behind; many still prefer to pay by mobile or wearable when the option presents itself.

Mobile 102

Mobile Data Groups Cyber Security 102