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Florida City Pays Hundreds Of Thousands To Hackers

PYMNTS

Lake City, a community of about 12,000 people west of Jacksonville, forked over hundreds of thousands of dollars after a ransomware attack crippled its systems. One small Florida city has had to pay cybercriminals thousands of dollars in ransomware.

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Cardless Cash from FIS Helps Mobile Banking Customers Make Safe, Speedy ATM Withdrawals

Fintech Labs Insights

Cardless Cash protects customers with biometric security and eliminates skimming fraud risks associated with plastic cards. Customers experience unparalleled convenience, speed and security of access to cash using only an app. HQ: Jacksonville, Florida. If you have your phone, you’ve got your cash.

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Getting Mobile Ready

Independent Banker

As players in the Apple Pay initiative, Visa, MasterCard and ICBA Bancard are working to ensure community bank credit card customers will have full access to the mobile payments system, including its tokenization security measures. Moreover, lingering doubts over the security of mobile channels also surfaced in the Fed’s research.

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FIS, FICO Take Aim At Dirty Money With New AML Product

PYMNTS

Financial software and technology giant FIS is teaming up with credit scoring company FICO to roll out a new anti-money laundering (AML) platform as concerns rise over fraud and the global flow of dirty cash amid the pandemic.