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Synchrony Says Erroneous Email Not Tied To Data Breach

PYMNTS

Five senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses people’s data and video. Personal data can be exploited by foreign intelligence services to amplify the impact of espionage and influence operations,” the letter said.

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Bitcoin Daily: India Gov’t Makes Blockchain Regulation Recommendation; Bitfinex Ordered To Freeze $860K Of Bitcoin Paid By Ransomware Attack Victim

PYMNTS

The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. said that national policy might not be enough in terms of crypto regulation. . “We

Bitcoin 132
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Who Should Lead The Digital ID Push?

PYMNTS

Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. There’s no question the world is moving in a digital direction. Department of Commerce.

Wyoming 136
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Imposter Scams Top FTC’s List of 2018 Consumer Complaints

CFPB Monitor

The report summarizes consumer complaints stored in the Consumer Sentinel Network, a secure online database. Nearly half of these reported scams involved government imposters that falsely claimed to be from the IRS, Social Security Administration, other government agency to get victims to turn over money and/or personal information.

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Trump Campaign Used Shell Companies For Ad Buys

PYMNTS

Truthout is reporting that the Trump 2020 campaign paid shell companies related to ad buyers who are part of a purported unlawful coordination plan with the National Rifle Association (NRA). National Media said that Harris Sikes is a “firewall entity,” and a way to keep distance from buyers and the campaign to avoid conflict. .

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The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week?s News

PYMNTS

Lagging processing times and a lingering dependence on paper checks have long plagued B2B payments, and the shift to application programming interfaces (APIs) has mitigated some of these challenges but also opened new avenues for fraud. Keeping Grocery’s ‘Digital Shifters’ Loyal Post Pandemic . Fun, Cool and Otherwise Interesting.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Real estate.