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Instagram Invites Security Experts To Hack Its Checkout Feature

PYMNTS

Instagram is inviting a group of security researchers known as white hat hackers to stress-test its Checkout feature before it launches outside the United States. Instagram is a place for people to treat themselves with inspiration, not a place to tax themselves with errands.

Security 116
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Deep Dive: Striking A Balance In Digital ID Security

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billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. The Drawbacks of Complex Security. AI Solutions for Balancing Security and Convenience. More than 4.5

Security 129
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Zuckerberg Talks Guidelines For How To Regulate Facebook

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Speaking before a conference of government and security officials at an annual security conference in Munich, Zuckerberg made the case that his website is different from a traditional news outlet where the content would be more heavily scrutinized and he’d be held accountable.

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Screen Scraping And The Dilemma Of Data

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Short for the Revised Payment Service Directive, PSD2 lifts banks’ total claim on customer account data and payment activities. But controversy surrounds the fact that banks shall be able to deny this by offering instead a proprietary API to their platforms for data sharing.

Data 135
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Death, Taxes And Digitizing Insurance Payments 

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If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. It is now social media that cements the carrier/insured relationship. like paying over the phone using an IVR system that will securely capture credit card information.

Taxes 101
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Vietnam’s Social App Lotus Seeks Funds To Compete With Facebook

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Vietnam ’s new social network platform, Lotus, is looking to raise as much as 1.2 Developed by media group VCCorp, Lotus has already secured an initial investment of 700 billion dong ($30.4 In January, Vietnam accused Facebook of violating Vietnamese law in how it managed online content, advertising and taxes.

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Top News In Payments: The Fed Takes A Closer Look At Big Tech; Goldman CEO Denies Apple Card Credit Bias Claims

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In today’s top payments news, ongoing security concerns have caused the Federal Reserve to take a closer look at the Big Tech firms that serve the banking industry. People don’t know what’s true and what’s not, and what to believe,” he noted, adding that instead of uniting people, technology — like social media — is “splintering” them.