PYMNTS

JANUARY 25, 2019

The General Data Protection Regulation (GDPR), which went into effect May of 2018, has had some serious repercussions on tech companies all over Europe, but especially in the U.K. data protection watchdog is looking into the company after it reported “limited fraudulent activity” on some customers’ accounts.

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PYMNTS

FEBRUARY 5, 2020

How that will affect merchants’ online promotional activity hangs in the balance. As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. That’s a bad moon rising for some Big Data operators.

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Google Data Regulation social media 288

PYMNTS

OCTOBER 18, 2018

In search of added convenience and simplicity, banking customers are migrating to online and mobile banking interfaces, leaving in-person visits to brick-and-mortar branches behind. Elsewhere in the space, FIs are seemingly more focused on social media integrations. How Banks Are Weaponizing Data To Fight Fraud.

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PYMNTS

JULY 24, 2018

It’s easy to imagine the appeal: Transferring loyalty program data from one grocer to another, moving image data from a social media site to an online photo-printing service, retaining access to music playlists after leaving a website with weak privacy protections or other flaws. Data Control.

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PYMNTS

APRIL 22, 2020

Banks must enable fast and seamless onboarding experiences, but these processes should also be secure. FIs do not really have the choice to make onboarding’s security procedures less stringent, however. Data and Authentication Frustrations.

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Bank Innovation

JUNE 12, 2018

The Department of Housing and Urban Development’s investigation into data usage at Facebook related to housing and financial services advertising appears to continue, despite signs that it had been halted earlier this year.

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PYMNTS

OCTOBER 25, 2018

after the Information Commissioner’s Office ( ICO ) ruled that the social media network operator was engaged in “serious breaches of data protection.” The data, which was processed from 2007 through 2014, was accessible to developers of third-party vendors without the Facebook users providing consent.

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social media Data Security Report 134

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. Social media posts show that some former employees, who left the company months ago, have also received notification letters.

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Bank Innovation

AUGUST 7, 2018

Recent news that Facebook is in talks with banks on a solution other than “services like customer chat or account management” overlooked how the social media platform already works with banks, a representative of the social network told Bank Innovation. The Wall Street Journal has it wrong.

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social media Data Innovation Management 244

PYMNTS

SEPTEMBER 21, 2018

Excuse the brief descent into heartbreak, but for every online dating success story — Aren’t they so cute?!! Can Facebook help bring more sanity — or, more accurately, a better sense of safety — to the world of online dating? That’s the social media platform’s aim. Dating Security Risks. Facebook’s Plan.

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PYMNTS

JANUARY 28, 2020

Secure payments provider PCI Pal launched a new digital service on Tuesday (Jan. 28) that will let organizations offer ultra-secure payments across a multitude of channels, from social media to email and everything in between. Using the service, customers will be able to pay securely through any channel.

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PYMNTS

APRIL 27, 2016

Can the data trapped in “Digital Exhaust” – like online and social media data – be used to validate identity and predict fraud? And it has the data model to prove it. Using each of the three data sets, Socure used its ID+ platform to build a predictive model. Socure sure thinks so.

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Bank Innovation

APRIL 17, 2017

Fraud campaigns targeting online financial services tend to be smaller, and subtler than fraud campaigns conducted for other online platforms.

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Bank Innovation

JUNE 14, 2018

Royal Bank of Canada and Facebook today offered differing versions of why the social media company continued to give the bank extraordinary access to customer data after Facebook said publicly that it would stop doing so.

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social media Data Payments Company 186

PYMNTS

JANUARY 13, 2020

It’s a new year, and in Europe, an expansion of scrutiny and laws governing data sharing. The dawn of 2020 brought a spate of new rules governing data collection and use. That applies, too, to online ticket sales. In other examples, end users must be informed when prices are based on their internet browsing histories.

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PYMNTS

OCTOBER 11, 2018

Online or in the real world, while shopping for goods or ordering food , consumers’ favorite experiences seem to be the ones they can self-direct. Data: 96 percent: Share of social media-based merchants that attribute their success to digital payments.

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Data social media Online Retail 139

Abrigo

JULY 10, 2023

Here are several suggestions for tightening security. Takeaway 2 Improving security questions is a good step to take to avoid text-to-speech AI fraud schemes. Public social media sources have made it easier for fraudsters to obtain information by looking at what people post online.

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Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. A scam usually begins with online contact via social media or dating apps. Enhance data analytics capabilities : Data is a powerful tool.

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PYMNTS

JULY 28, 2019

A $5 million gift from Craiglist’s Craig Newmark Philanthropies will support a new program, led by former Facebook security expert Alex Stamos. The project will battle online abuses and misuses on the platform such as disinformation and election interference, Reuters reported on Friday (July 26).

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social media Security Policies Google 109

PYMNTS

SEPTEMBER 12, 2018

Omni Security and Authentication. Consumers expect to do business with their bank online seamlessly, without the hassle of complicated security checks, whether through their mobile phone, smart watch, home speaker or other connected device. Around The Security And Authentication Space. presidential election.

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PYMNTS

NOVEMBER 26, 2020

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . A silver lining exists, however. It also outlines some of the frictions entities face when doing so. .

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PYMNTS

OCTOBER 30, 2020

Many cybercriminals are now conducting eSkimming attacks designed to steal card data online instead of putting in the time and effort to launch schemes that involve tampering with physical card terminals, said Lindsay Land , vice president of operations at Consumers Credit Union. . Safeguarding Card Details. Responding Rapidly.

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PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

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PYMNTS

JUNE 29, 2020

The rise of online and contactless transactions in the European Union, for example, has meant that many merchants are making the bulk of their sales away from brick-and-mortar stores. Around the Data Protection World. Data privacy and security continue to be top priorities for many regulators, too.

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Abrigo

JANUARY 4, 2023

According to the FTC, the top ten crypto fraud trends to watch in 2023 are: Investment scams: Investment scams come with "get rich quick" and "no risk" promises, often initiated through social media or online dating apps. Securities and Exchange Commission (SEC) governs crypto assets that could be considered securities.

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PYMNTS

JANUARY 27, 2017

According to new data released by the Pew Research Center, the majority of Americans have at this point been hacked or otherwise have had their data or identity stolen. About half (52 percent) report that they use two-step authentication on at least some of their online accounts. There were some areas of positive regard.

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PYMNTS

MARCH 8, 2019

Twitter isn’t the only social media site looking to boost its privacy measures. The social media giant has been under fire since it was revealed that the site was used to gather details on as many as 87 million users, and the data was then shared with Cambridge Analytica , a U.K.

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social media Tools Report Data 156

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Facebook’s 2018 regarding the stewardship of user data and privacy was one it would like to soon forget. We have a major security effort at the company that hardens all of our surfaces.”.

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Data Security Tools Cards 230

PYMNTS

MAY 16, 2019

Across the European Union (EU), technology providers and social media platforms are increasingly playing a bigger role in the Open Banking ecosystem. At the same time, however, many players, like Facebook and Google , are squaring off against regulators that are looking at their data and payment policies with more scrutiny.

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social media Compliance Innovation Data 161

PYMNTS

JANUARY 20, 2021

Securities and Exchange Commission (SEC). Our goal is to provide technical and auto-billing management services for 100 million micro-business online stores in China through big data analytics, machine learning mechanisms, social network recommendations and multi-channel data analysis,” the company said in its filing. “Our

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PYMNTS

JUNE 11, 2019

Corporations must work to retain their trust, lest they lose customers to more secure competitors. In the June Digital Fraud Tracker™ , PYMNTS explores phishing attempts, dark web marketplaces and how technologies like biometrics and artificial intelligence (AI) are changing the digital security landscape. About the Tracker.

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social media Fraud Analytics Study 151

PYMNTS

NOVEMBER 16, 2020

Cybercriminals have sought to exploit philanthropic giving, consumer and small business stimulus payments, unemployment benefits and even the acquisition of personal protective equipment (PPE) as ways to leverage compromised data, steal money and make fraudulent purchases. At The Consumer Level.

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PYMNTS

SEPTEMBER 7, 2018

Call it the Great Trade-Off, perhaps: Consumers give up data to online merchants and marketers in exchange for free services, targeted offers, discounts and other benefits. The people and companies who receive the data use it for a variety of profit-enhancing tasks. Trust Evolution. Machine Help.

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Data social media Fraud Online 101

PYMNTS

JUNE 8, 2017

The more connected devices consumers have, the more concerned they are about the security of their financial information. But half had also purchased something online in that same time, showing that the way people shop is shifting. Nearly 80 percent of respondents had made a purchase in a physical store within the last week.

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Security social media Study Google 151

PYMNTS

MARCH 5, 2019

A security researcher has discovered that hundreds of millions of private chat logs from Chinese users were exposed on the internet. The database could be accessed online by anyone who searched for its IP address, and exposed photographs, addresses and locations. It’s worrisome that these things appear online so easily.

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PYMNTS

OCTOBER 19, 2018

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. We have to accept some part of that [friction] for the online world. We are trying to take our offline ID and use it online.”. This is only likely to get worse.

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PYMNTS

AUGUST 10, 2018

At first glance, 2018 is shaping up to be a year that has brought meaningful consumer, regulatory and legislative backlash against lax online privacy. Never-ending news stories about location targeting , data breaches and the like have also forced consumers to think more about privacy. Except, maybe not. In fact, just 9 percent of U.S.

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Online social media Baltimore Data 101