PYMNTS

JANUARY 15, 2021

In the inaugural QR Code Payments Tracker® , PYMNTS explores the latest in the world of QR codes, including new implementations at retailers and payment providers, the security concerns facing this payment method, and the pandemic’s effect on the development and rollout of QR code-enabled payment options.

Retail 207

Retail Security Payments United States 207

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. Several nations around the world are reconsidering their approach to security and national identity systems. as part of a visa waiver program.

Security 110

Security Report National Millennials 110

PYMNTS

SEPTEMBER 23, 2020

A recent study from PwC found that 47 percent of companies had experienced fraud at least once in the past two years, with a grand total of $42 billion in funds stolen over this period of time. There were 223,163 cases of identity theft that year across all generations, with 42 percent of them consisting of bank and credit card fraud.

Technology 208

Technology Report Fraud Study 208

PYMNTS

JANUARY 3, 2019

As bad as one might think the risks of cybercrime are (fraud, hacking, data breaches , customer and revenue loss, lawsuits and fines), the reality is probably worse. On the national level, at least, “we’ve been focused on [potential] attacks against critical infrastructure” since the late 1990s, he told Webster. Big Mindsets.

National 169

National Security Risk Management Fraud 169

PYMNTS

FEBRUARY 1, 2019

IrisGuard, an iris-recognition solutions company, and Patientory, a cybersecurity healthcare data solution firm, are collaborating to combine iris biometric technology with the healthcare focused PTOYNet blockchain network, to add another layer of security and authorization on the blockchain, and help with patient identity procedures.

blockchain 193

blockchain Software Technology Maine 193

PYMNTS

FEBRUARY 19, 2019

Fraud is rampant and thriving. Banks, financial institutions (FIs) and other members of the financial world are, thus, dealing with a rising flood of identity theft and application fraud, as bad actors look to capitalize on the email addresses, Social Security numbers, credit details and other information they have on hand.

Fraud 158

Fraud Data Capital Resources 158

PYMNTS

DECEMBER 11, 2017

There seems to be no such thing as a Christmas vacation when one’s main profession is defrauding consumers and businesses. It appears the ever-inventive thieves of the world have found a new way to make gift card fraud work for them this holiday season, according to the Better Business Bureau (BBB).

Cards 129

Cards Fraud Retail National 129

PYMNTS

JANUARY 22, 2020

All four of Greece’s main banking institutions enacted security protocols after a data breach, and consequently cancelled 15,000 consumer cards, according to reports. A key source of the inquiry is whether or not the tourist website follows the Payment Card Industry Data Security Standards (PCI DSS).

Cards 130

Cards Data Maine Security 130

PYMNTS

DECEMBER 18, 2018

As well, the form has a long history of transmitting national values and providing cultural, political and even economic education — one need only dig deep into the comic scene during World War II to understand that. Indeed, education in general is important to increased online security, privacy and fraud prevention efforts.

Compliance 152

Compliance Fraud Security FDIC 152

PYMNTS

AUGUST 18, 2016

The financial messaging service known as SWIFT — which operates as a bank-owned consortium and helps payments in the billions of dollars move globally — has been beset by security flaws, has known about those flaws and has done little to address those flaws. So reported Reuters on Wednesday (Aug. So reported Reuters on Wednesday (Aug.

Security 100

Security Software New York System 100

CFPB Monitor

JULY 6, 2021

The Priorities, listed according to FinCEN “[i]n no particular order,” are as follows: Corruption; Cybercrime; Domestic and international terrorist financing; Fraud; Transnational criminal organizations; Drug trafficking organizations; Human trafficking and human smuggling; and. The Priorities and Their Utility. Proliferation financing.

United States 78

United States Fraud Regulation Compliance 78

PYMNTS

MARCH 13, 2019

A new report by the United Nations has revealed that global banks are being used to enable payments in illegal deals by North Korea. Global banks are involved in two main problems,” Hugh Griffiths, the head of the UN panel overseeing sanctions on North Korea, said in an interview Tuesday (March 12), according to Bloomberg.

New York 116

New York Bitcoin Maine Fraud 116

PYMNTS

MARCH 12, 2020

Earlier this year , all four of Greece’s main banks were forced to enact security protocols after a data breach, and 15,000 consumer cards were canceled. Consumer information was compromised on a tourist website and Alpha Bank, Piraeus Bank, Eurobank and the National Bank of Greece were all forced to cancel cards.

Data 155

Data Payments Cards Maine 155

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

Payments 240

Payments Tools Security Regulation 240

PYMNTS

SEPTEMBER 30, 2020

The ongoing COVID-19 pandemic is accelerating this shift, making financial institutions (FIs), merchants and their regulatory officials race to secure these new digital users. MENA nations’ original rules involved data privacy, but they were focused on developing the open banking ecosystem and allowing information to move freely.

Regulation 175

Regulation Data Regional Examples 175

Abrigo

MAY 5, 2022

Main Street Banking: A Podcast for Community Bankers 8. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.” Fraud Prevention. A quick look at top banking podcasts worth a listen, according to Abrigo : 1. Banking Transformed 2. BankTalk 3.

Community 195

Community Lending Maine Resources 195

PYMNTS

JULY 16, 2020

As the demand for digital payments surge, however, the systems that used to keep them secure are falling short. Algorithmic tools designed before March are having trouble predicting consumers’ behavior during the pandemic, and some firms are upgrading their fraud screening systems so they are better able to predict consumer behavior.

Mobile 181

Mobile Payments System Bitcoin 181

NCR

NOVEMBER 8, 2016

Last month was National Cybersecurity Awareness Month, an initiative to provide consumers with the information they need to stay safe online, so in the wake of this, it is a good time for banks to consider whether all possible steps are being taken to protect their customers in our digitally connected world. The Role of the ISO.

Cyber Security 63

Cyber Security Security Risk Management Training 63

PYMNTS

OCTOBER 25, 2019

These debates are nothing compared to the looming specter of fraud, however. In the October Mobile Order-Ahead Tracker , PYMNTS explores the latest developments in the world of digital ordering, including the growing popularity of virtual restaurants and how QSRs are protecting themselves against friendly fraud.

Trends 116

Trends Mobile Fraud Google 116

FICO

FEBRUARY 16, 2021

In June 2020, the US Social Security Administration (SSA) launched their electronic consent-based verification service (eCBSV). The eCBSV is an electronic service that offers registered members, such as banks, the ability to confirm the social security number of their customers, with the customers consent. LizLasher@fico.com.

Fraud 52

Fraud Security National Examples 52

PYMNTS

NOVEMBER 5, 2019

Increased technology adoption brings along additional security concerns, however. Identity companies and third-party security providers are exploring several options to keep these methods secure, but many have been met with consumer skepticism. Developments From Around The Digital ID World. Its balance rose from only $1.01

Data 101

Data Fraud Security Trends 101

PYMNTS

FEBRUARY 28, 2019

They must also excel at securely handling payments and personal data, while recommending services at the right moment to enhance transactions along the way. Platforms need to pay careful attention to fraud across dozens of markets, meaning the ability to detect and manage fraud will only become more crucial as the sharing economy grows.

Payments 183

Payments User Experience Training Case Study 183

PYMNTS

FEBRUARY 28, 2017

HYPR, for example, debuted what it is calling a biometric shopping platform at the National Retail Federation’s BIG Show in New York City in January. The platform is designed to help retailers combat an uptick in online retail fraud, caused largely by ineffective or stolen password credentials.

New York City 100

New York City Fraud Security New York 100

PYMNTS

JUNE 14, 2018

A new report from The National Cybersecurity Society (NCSS) published this week warns that business identity theft is an emerging threat for entrepreneurs and executives. Business identities can be used to open card accounts, initiate wire transfers or commit tax fraud. with more than 16,800 victims recorded in 2016.

Fraud 109

Fraud Taxes Resources National 109

PYMNTS

SEPTEMBER 6, 2019

Australia, Malaysia, Thailand and the United Kingdom are just a handful of nations that are exploring the benefits, ranging from opt-in programs designed to help citizens access financial and governmental services to compulsory ID solutions meant to serve as virtual ID cards.

National 179

National Study Digital Banking Trends 179

PYMNTS

SEPTEMBER 8, 2020

Research can even quantify the value of trust to merchants, Gauthier said, noting Amazon research has found that across consumer demographics, security and trust tend to hold more value than either pricing or selection. Along with the tremendous opportunity for sales growth, the challenge is making that first sale happen, he said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

MARCH 22, 2016

And because no one can truly keep up with the pace at which innovation across all sectors is occurring, securing those innovations is a challenge. “There are so many issues coming out of this area that will impact our nation and our allies and we’re not ready for it. The buzzwords that came out of these fraud conversations?

Fraud 100

Fraud Security Innovation Course 100

PYMNTS

OCTOBER 23, 2018

This new system would offer improved access to identity verification information, which could be used by businesses and the government to authenticate transactions and prevent fraud or cyberattacks. Scotland, meanwhile, is looking to distributed ledger technologies (DLTs) to develop secure digital identity credentials.

Trends 134

Trends blockchain California Security 134

PYMNTS

OCTOBER 18, 2016

Kaspersky Lab, the global security company, announced Monday (Oct. The No More Ransom initiative was launched on July 25, 2016, by Kaspersky Lab, the Dutch National Police, Europol and Intel Security, introducing a new level of cooperation between law enforcement and the private sector to fight ransomware together.

Tools 100

Tools Security Maine Analysis 100

Abrigo

APRIL 26, 2022

The Financial Crimes Enforcement Network ( FinCEN ) has profiled this global issue by naming corruption one of the eight national security priorities. Securities and Exchange Commission launched investigations into political corruption and started legislative efforts to thwart such acts. financial system. In the 1970s, the U.S.

Training 195

Training Regulation System National 195

PYMNTS

AUGUST 9, 2016

Security researchers have identified the once unknown hacking group behind a malicious malware called Remsec. The group has maintained a low profile until now and its targets have been mainly organizations and individuals that would be of interest to a nation state’s intelligence services. “The

Groups 100

Groups Software Maine Security 100

PYMNTS

AUGUST 27, 2019

percent, it was only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payments technology. ABA’s request stems from concerns about rising fraud levels at CUs, as well as New York City’s recent taxi medallion scandal.

Data 122

Data Report Los Angeles California 122

PYMNTS

AUGUST 2, 2019

One of the main issues being revisited is Facebook’s purchase of Instagram and WhatsApp. to come up with a national privacy law have hit a wall, with Senators unable to agree on how strict the rule should be. Efforts from lawmakers in the U.S.

Regulation 144

Regulation Virginia Google Capital 144

PYMNTS

JANUARY 2, 2019

charged two Chinese nationals with perpetrating a global hacking campaign, right after accusations that someone connected to the People’s Liberation Army compromised the EU’s diplomatic communications system, which Beijing denies. “The and concerns in capitals around the world, like Berlin and Tokyo. Last month, the U.S.

Maine 176

Maine National Capital Technology 176

PYMNTS

AUGUST 9, 2018

In addition to that, the Better Business Bureau recently released a report with results from a survey conducted among 1,200 SMBs across the nation, showing that scams are a growing risk for businesses. A main vulnerability stems from B2B payments. B2B Payments Problems.

Survey 111

Survey social media Online Data 111

PYMNTS

JUNE 20, 2016

The research , which was led by BAE Systems security researchers, found various malware tools, among which a file called msoutc.exe containing wipeout and file deletion functions was found to be the same as the one used in the attack against Sony, which the FBI said was traced back to North Korea.

Tools 101

Tools Maine National Security 101

PYMNTS

JULY 16, 2019

But as soon as they start gaining some scale and engaging buyers and sellers in a secure way globally, they are going to start expecting a lot more from their payment partners and providers.”. They want three lines of code and a basic [application programming interface (API)]. And we can see a lot of really cool things coming onto the field.

Fraud 138

Fraud Payments Course Mobile 138