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Synchrony Says Erroneous Email Not Tied To Data Breach

PYMNTS

Although Alibaba and JD.com usually lead China’s eCommerce market, the four-year-old Pinduoduo is “popular with China’s lower-tier city residents” and attracts customers with offers of discounts and deals, per reports.

Data 130
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Boosting Access To Financial Services In Brazil

PYMNTS

As fraudsters get more brazen and inventive in the digital information ecosystem, many companies are realizing they can’t thwart these bad actors on their own, and must instead turn to new partnerships in their fight against fraud. A recent partnership in India aims to add further biometric security to the nation’s Aadhaar system.

Wyoming 134
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US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO

A cluster of states in the northeastern US accounted for an additional 29%, and included New York, New Jersey, Pennsylvania, Maryland and Virginia. When looking at total fraud cases related to skimming, we saw that 70% were tied to POCs in 5 states: California (38%), New York (16%), Pennsylvania (6%) and Florida/Washington (5%).

Cards 98
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5 payments trends you should know about

Independent Banker

We’ve got capital market resets that are potentially happening, technology advancements and continued heightened digital expectations. When it comes to payments, there are opportunities out in the market to partner with fintechs,” says Chris Doyle, president and CEO of $2.1 Address fraud and security.

Trends 140
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Justice Department, SEC Investigating Under Armour

PYMNTS

Securities and Exchange Commission (SEC) and the U.S. Plank was a University of Maryland football player when he founded Under Armour in his grandmother’s basement. The company had been spending more to bolster its international market online offerings as well as open stores. for many years.

Baltimore 104
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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. The digital identity verification market is projected to reach $12.8

Wyoming 136
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Efficiency now: 8 smart strategy tips

Independent Banker

In 2022, things changed with whiplash speed, as the Fed hiked interest rates to quell inflation, the mortgage refinance market dried up and the effects of macro changes, from the Russian invasion of Ukraine to a talent shortage, began to be felt keenly. But with a handful of branches in a market, you can accomplish quite a bit.”. ?

Strategy 135