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.

social media 207

social media Data Company Operations 207

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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.

social media 134

social media Data Security Report 134

PYMNTS

FEBRUARY 5, 2020

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. Then, there are the huge data breaches that just keep happening, increasingly to companies with high levels of consumer trust.

Google 288

Google Data Regulation social media 288

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JUNE 3, 2016

Check out who secured venture capital in our breakdown below. Enterprise Security. Ionic Security. It may have begun as a way for individuals to take control of the data they share on social media sites, but Ionic Security has begun to shift its focus to securing the data of enterprises and their employees.

Security 100

Security Data Analytics Capital 100

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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DECEMBER 18, 2018

Twitter, the microblogging website operator, saw its stock tank in trading on Tuesday (Dec. Twitter said it fixed that security vulnerability on Nov. While we cannot confirm intent or attribution for certain, it is possible that some of these IP addresses may have ties to state-sponsored actors,” the social media company said.

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social media cryptocurrency Security Bitcoin 148

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DECEMBER 6, 2018

Facebook , under renewed scrutiny for its business practices, enabled certain companies such as Netflix and Airbnb to access the friends lists of users after it blocked access to that data for the majority of apps in 2015. Sheryl refers to chief operating officer Sheryl Sandberg. Facebook decided to keep the tools free.

Data 116

Data social media Tools Video 116

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JUNE 29, 2020

SMBs and merchants operating in the EU must comply with strong customer authentication (SCA), which mandates stricter authentication requirements for online and contactless purchases above a certain value. Around the Data Protection World. Data privacy and security continue to be top priorities for many regulators, too.

How To 239

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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. As we harness the power of AI to enhance operational efficiency, detect patterns, and optimize decision-making processes, financial institutions must remain vigilant.

Fraud 150

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PYMNTS

JULY 2, 2020

WhatsApp will be allowed to operate its payments service in Brazil once the company formally seeks permission and shows it can operate in the country without putting customers’ data at risk or violating rules intended to preserve competition, the company’s chief central banker said Thursday, according to Reuters.

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social media Payments Operations Data 232

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DECEMBER 19, 2018

Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant exempting some businesses from the privacy rules its customers thought they were protected under.

Data 127

Data social media New York Apple 127

PYMNTS

DECEMBER 16, 2020

The December Mobile Order-Ahead Tracker ® explores the latest digital ordering developments, including how restaurants can apply the lessons they have learned in 2020 to the post-pandemic world, the tools and technologies used to fight fraud, and fraudsters’ latest schemes to make off with customers’ cash, rewards points and valuable personal data.

Fraud 310

Fraud social media Mobile Trends 310

PYMNTS

DECEMBER 23, 2019

Over P2P payments, security at the gas station point of sale (POS) and even over direct deposits, there were a lot of moving parts last week that apparently had some issues moving in tandem. In the world of modern financial services, those who hold the data have the power. The tug of war represents the delicate data dance.

Data 131

Data System social media Florida 131

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

Security 114

Security social media Video Policies 114

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. DTP Development.

Online 101

Online Data Industry social media 101

PYMNTS

NOVEMBER 27, 2018

IBM CEO Ginni Rometty is the latest tech executive to criticize web platforms, such as Facebook and Google , over their data collection practices. Securities and Exchange Commission (SEC), Federal Bureau of Investigation (FBI), Department of Justice (DOJ) and Federal Trade Commission (FTC).

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social media Google Data Company 130

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JANUARY 29, 2020

Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform faces more questions from regulators and policymakers about its present and planned endeavors. 29), and reported that total costs and expenses hit some $46.71 billion, up 27 percent year over year.

social media 142

social media cryptocurrency Examples Report 142

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DECEMBER 18, 2020

Social distancing guidelines, stay-at-home orders and mandated dining room closures around the U.S. This revenue free fall could result in 100,000 restaurants nationwide closing either temporarily or permanently, with 40 percent of all restaurant operators unsure whether they can survive six months into the future.

Fraud 229

Fraud Trends Security social media 229

PYMNTS

MARCH 20, 2020

Bad actors are tapping into personally identifiable information (PII) gathered from previous hacks to orchestrate their increasingly sophisticated efforts, including data purchased from the dark web to hide their tracks or pieces cobbled together from several victims to create difficult-to-detect synthetic identities. About The Playbook.

Industry 225

Industry Fraud social media Security 225

PYMNTS

JUNE 2, 2019

According to Hard Fork , security firm East Security discovered that the hackers sent a phishing email to UpBit users asking for more information from customers regarding a fake sweepstakes payout. East Security believes a North Korean hacking group called Kim Soo-Ki is responsible for the email scam. Our content. Our attention.

social media 119

social media Bitcoin cryptocurrency blockchain 119

PYMNTS

NOVEMBER 11, 2019

Data holds the key to helping modern enterprises develop effective anti-fraud strategies. Many businesses are sitting on massive troves of it, but they are also facing down the three “V’s” of data complexity — velocity, variety and volume — which can make tackling fraud even harder. . Structured Versus Unstructured Data.

Analytics 116

Analytics Data Fraud Tools 116

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AUGUST 9, 2020

District Court for the Southern District of California, where TikTok’s American operations are based, as soon as Tuesday (Aug. It also alleges that the administration’s national security justification for the order is untrue. “The operations have emerged. 11), National Public Radio (NPR) reported, citing a source.

Report 164

Report US social media Video 164

PYMNTS

APRIL 30, 2018

lawmakers about how his company can better protect its users’ data following the Cambridge Analytica breach. The social media platform has admitted the incident may have impacted as many as 87 million users. Shortcomings in underlying IT networks and components can leave millions of users’ personal data exposed, however.

Data 119

Data Compliance social media Regulation 119

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Owning this data puts FAMGA on the front lines in the fight against the theft and exploitation of our personally identifiable information (PII). Effective data security features are critical to securing this information.

Security 58

Security Data US Google 58

PYMNTS

JANUARY 21, 2019

During its investigation, Sixgill discovered that $250,000 of Fortnite items were sold on eBay in the last 60 days, with operations being conducted around the globe in Chinese, Russian, Spanish, Arabic and English. And an estimated 86 percent of the scams were shared via social media platforms such as Facebook, Instagram and Twitter.

social media 211

social media Cards Security Fraud 211

PYMNTS

AUGUST 6, 2020

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

Software 194

Software social media Austin Texas 194

PYMNTS

NOVEMBER 16, 2020

A privacy advocate in Europe has filed complaints against Apple charging that its advertising tracking tools store user data without consent, according to a CNBC report on Monday (Nov. The group, Noyb, which is led by Austrian privacy activist Max Schrems, filed official complaints with data protection authorities in German and Spanish.

Tools 153

Tools Apple social media Regulation 153

PYMNTS

JUNE 17, 2020

With its new importance as a revenue stream, mobile ordering is driven in part by reviews and the exchange of customer data. Where you find customer data, you also find cybercrooks. Securing Social for the MOA Future. A Fraudster’s Feast. Those chargebacks can lead to fees and expensive dispute monitoring programs.

Tools 141

Tools social media Fraud Mobile 141

PYMNTS

MAY 24, 2018

The European Union’s General Data Protection Regulation (GDPR) goes into effect on May 25, officially changing the way EU businesses handle consumer data. Its effects will likely have far-reaching consequences, too, for both EU-based companies and those that operate outside the region. What Is Personal Data, Anyway?

Data 100

Data Compliance social media Operations 100

PYMNTS

DECEMBER 30, 2019

Microsoft alleges that those individuals engaged in a cybertheft operation that targeted high-value computer networks. Hackers may have also used information from targets’ social media pages to make their fake emails look particularly convincing. The suit targets two unnamed people who Microsoft claims work for Thallium.

social media 131

social media Groups Operations Community 131

PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. Many big companies that are eager to provide uninterrupted services to customers automatically update their bills to charge new credit cards with the same personal data of the prior cards, giving criminals free rein. Data-Rich Defenses.

Security 130

Security Fraud blockchain Cards 130

PYMNTS

APRIL 27, 2020

Most FIs moved their data from paper-based systems to online servers decades ago, using core banking solutions to send and receive cross-border payments as well as to process less sensitive daily transactions. Starting at the Core. The Cloud and its Role in Banking Transformations.

Digital Banking 248

Digital Banking Tools social media Mobile 248

Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Many banks are still operating with legacy systems and applications.

Security 70

Security social media Video Policies 70

PYMNTS

JULY 16, 2019

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. For other companies, GDPR is the main concern as they move to expand operations within Europe.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

NOVEMBER 17, 2020

Telecommunications companies face a number of challenges in their day-to-day operations, however. Fraudsters often contact cell service providers and convince them that they are legitimate customers, using personal data previously obtained in data breaches to prove their identities.

Fraud 267

Fraud Company social media Cards 267

PYMNTS

JANUARY 21, 2021

Well-funded and organized fraud operations, meanwhile, continued to amass more capital, manpower and technology. What’s more, businesses have also begun to experience whiplash for not prioritizing the security of their customers. That’s a recipe for negative reviews and frustrated feedback on social media.

Fraud 180

Fraud social media Strategy Maine 180

PYMNTS

MAY 20, 2020

To enable businesses to more easily list their merchandise on its social media platforms, Facebook has unveiled Facebook Shops. Plaid API Platform Gives Banks Access To Data Tools, 2,600 Apps. The company is launching Plaid Exchange, an API platform that is specifically intended to help FIs tap consumer-permissioned data.

social media 130

social media Payments Retail Data 130