PYMNTS

JANUARY 27, 2021

Some schemes that are impractical to wage in person are simpler to perpetrate online because of a decreased security presence, the anonymity of transactions and fraudsters’ abilities to stage hundreds of attacks simultaneously. Biometric-based methods’ effectiveness varies, but all provide better security than simple passwords.

Security 213

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PYMNTS

FEBRUARY 17, 2020

Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Our number one goal was making sure that process was as frictionless as possible while making sure that we [offered] a fully secure process.”. Overcoming legacy systems.

Security 141

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PYMNTS

JUNE 26, 2020

Introducing open banking principles has not been without friction, however, with banks and consumers concerned over how this sea change will affect FIs’ daily operations. Open banking’s nature fortunately provides superior data security to traditional banking models. Open Banking Prevents Data Exposure. In the U.K.,

System 198

System Data Security Examples 198

PYMNTS

NOVEMBER 19, 2020

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I In other news, the U.S.

Bitcoin 222

Bitcoin cryptocurrency Online social media 222

PYMNTS

JUNE 22, 2020

How Customer Reviews Provide Lifeblood To Restaurant Operations. Details gleaned online — including menus and reviews — carry a lot of weight when consumers are deciding where to dine. That focus has only grown amid the takeout- and delivery-only operational shifts due to COVID-19-related social-distancing efforts.

Operations 156

Operations social media Online Survey 156

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218

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Banking Exchange

OCTOBER 2, 2019

Proactive Threat Interference® provides protection not offered by other cybersecurity approaches Risk Management Risk Adjusted Technology Compliance Security Online Mobile Operational Risk Compliance Management Feature3 Feature Cyberfraud/ID Theft.

Security 60

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PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

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PYMNTS

JULY 25, 2017

Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. In 2016, online financial fraud hit 15.4

Fraud 196

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PYMNTS

NOVEMBER 7, 2019

The ethical questions digital ID systems generate are numerous and largely without simple answers or solutions. Balancing the needs for privacy and verification is difficult for any online business lacking a clear-cut solution. First inquiries revolve around personal privacy. The second-largest question involves access and exclusion.

System 131

System Guidelines National Online 131

PYMNTS

JANUARY 13, 2020

Foreign exchange company Travelex is back online with some of its electronic services after its system was brought down by hackers nearly two weeks ago, Reuters reported on Monday (Jan. Travelex has a presence in more than 70 countries and had to service customers in person at 1,200 locations worldwide while recovering its systems.

Online 130

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PYMNTS

OCTOBER 22, 2020

As has historically been the case with commerce security upgrades that roll in by government mandate, the path to European Union adoption of 3D Secure 2.0 That’s a path that McCutcheon said will have challenges, but perhaps fewer than we’ve seen in the recent history of security upgrades. also known as “3DS 2.0” Why 3DS 2.0

Fraud 221

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PYMNTS

SEPTEMBER 2, 2020

Denver-based fast casual Seattle-style teriyaki chain Teriyaki Madness , which offers digital ordering online and via app, realized several years ago that many consumers were interested in convenient meals they could eat at home. “We This customization makes it] difficult to manage inventory through our current POS system.”.

Operations 130

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PYMNTS

APRIL 25, 2019

Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. This led to a security breach that compromised the data of approximately 2.1 In addition, the agency accused online rewards website ClixSense operator James V.

Security 134

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PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. According to one estimate, “about 50 million internet-connected cars operate on U.S. According to the tracker, the global IoT security market is expected to increase by a 35.5

Security 119

Security System Operations Report 119

PYMNTS

DECEMBER 21, 2018

Microsoft issued an emergency security update for Internet Explorer after hackers were able to exploit a new flaw in several versions of the browser. If the current user is logged on with administrative user rights, an attacker who successfully exploited the vulnerability could take control of an affected system.

Security 179

Security Analysis Google Data 179

Banking Exchange

NOVEMBER 29, 2021

Fed flags cybersecurity and operational resilience as priorities for large banks Risk Management Feature3 Feature Financial Research Lines of Business The Economy Cyberfraud/ID Theft Security Online Operational Risk.

System 78

System Risk Management Operations Security 78

PYMNTS

APRIL 11, 2019

Securing alcohol is one of the grand adventures of life, especially if a person is younger than the legal age to buy. For those plans to succeed, however, a robust system of digital ID is necessary, lest regulators and parents decide such a retail activity is unsafe for children, and take steps to pull it back. reached $1.7

Online 169

Online Retail Regulation Maine 169

PYMNTS

JANUARY 23, 2020

The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are already being felt across the payments space. Fiat-focused digital wallets must also boost their security.

Fraud 157

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Abrigo

OCTOBER 31, 2014

Sageworks asked Don West, a member of the AICPA''s Information Management and Technology Assurance Section''s CITP Credential Committee the best ways to protect one''s self and business online. --. Do you like getting bombarded with online ads and email obviously based on your recent surfing habits? Do you bank online?

Online 199

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Bank Innovation

FEBRUARY 7, 2019

Wells Fargo customers nationwide are experiencing technical difficulty accessing the San Francisco-based bank’s online and mobile banking services.

San Francisco 170

San Francisco Online Mobile System 170

PYMNTS

JUNE 4, 2020

Ensuring such payments are secure from bad actors is a priority for the banks that process them. From an instant payment perspective, it has now become much more important to be able to manage the fraud in real time online,” said Tino Kam , head of transaction banking at Finland-based Nordea Bank , in a recent interview with PYMNTS.

Security 151

Security Fraud Payments Compliance 151

PYMNTS

MARCH 20, 2020

Banking technology FinTech Finastra was hit with a security breach on Friday (March 20), and was forced to shutter key systems and send employees home, according to a report by KrebsonSecurity. We wish to inform our valued customers that we are investigating a potential security breach. At 3:00 a.m.

Fintech 276

Fintech Security America Course 276

PYMNTS

JANUARY 22, 2021

Consumers are going online to complete their shopping during the pandemic — even for major purchases typically done in person, such as buying a car. Westlake has already sent several million dollars over the RTP network during the pandemic, according to Westlake’s Director of Accounting Operations Raul Alvarez. Contingency Planning.

Security 141

Security Fraud Tools Customer Experience 141

PYMNTS

SEPTEMBER 15, 2020

Faculty and staff members are attempting to control COVID-19’s spread to keep everyone safe and maintain smooth operations while also managing higher online portal volumes and other troubles related to education environments’ new realities. We had to transition all of that new student orientation programming online.”.

West Virginia 147

West Virginia Virginia Online Tools 147

PYMNTS

APRIL 9, 2019

Security researchers at Kaspersky Lab revealed at the Kaspersky Security Analyst Summit in Singapore that a dark net marketplace in which hackers are selling digital fingerprints has emerged. Operators of the marketplace sell the data to cybercriminals who use it for identity theft, online fraud, and other crimes.

Fraud 235

Fraud Security Operations System 235

PYMNTS

MARCH 31, 2017

Global online discount apparel marketplace ZAFUL, based in China, recently announced new upgrades to its payment protocols and SSL checkouts to boost the security of its eCommerce system and grow confidentiality for its individual shoppers. These new upgrades make it easier to shop and also offer more payment options.”.

Security 100

Security Payments Regional Online 100

PYMNTS

DECEMBER 30, 2019

The online software that companies rely on for expense management services often requires employees to manually scan in and enter their receipts. These delays can also weaken employees’ financial security, and seriously affect their work productivity. Expense Delays Can Seriously Stall Revenue . for millennial and Generation Z workers.

System 131

System Report Management Tools 131

PYMNTS

AUGUST 7, 2020

To address grievances, the central bank will require payment system operators to introduce an online dispute resolution center. Established by the central bank and owned by a group of local lenders, the instant payment system facilitates inter-bank transactions. According to officials, instructions will be issued shortly.

Payments 267

Payments Guidelines National System 267

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. While the FDA decision shows that the U.S., Authentication Process.

Online 152

Online Retail Regulation Trends 152

PYMNTS

MAY 9, 2019

As Karl Kilb III, CEO of identity verification firm Boloro, told PYMNTS, when it comes to online banking, the single point of failure is the internet. Fraudsters intercept the one-time PINs and passwords that pass for security in today’s world. “If It’s an inherently vulnerable platform upon which to interact and transact.

Online 100

Online ATM Security Millennials 100

PYMNTS

MAY 25, 2017

Updated online systems to reduce paperwork? In recent weeks, companies have rolled out several different types of Payments-as-a-Service (PaaS) solutions that are designed to help both online and brick-and-mortar merchants. News from the Payments-as-a-Service Landscape.

System 124

System Community Payments Report 124

PYMNTS

JUNE 19, 2018

Fraudulent activity is 81 percent more likely to occur online than at the physical point of sale. The reality is, online I can go from store to store to store and can test the limits of that credit card in a very aggressive manner,” Mills said. This is the amount of online fraud that wends its way across call centers.

Fraud 138

Fraud Analytics Online Cards 138

PYMNTS

AUGUST 21, 2020

This popularity is not expected to decline once the virus wanes, with the number of online and mobile banking users expected to hit at least 3.6 Windows developer Microsoft has released security patches to fix this security gap, but as many ATMs are in remote areas, their operators do not often upgrade their systems.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

JUNE 4, 2018

and Europe weren’t able to use their cards on Friday (June 1) after a system failure prevented transactions from being processed. Visa had a system failure that impacted customers across Europe,” the company said, according to The Wall Street Journal. last year, hit a milestone by securing one million customer accounts.

System 109

System Cards ATM Company 109

PYMNTS

SEPTEMBER 29, 2017

Through the EU’s passporting system, the new license enables PingPong to operate throughout the continent, thus better facilitating eCommerce transactions between China and Europe through PingPong’s cross-border eCommerce payments services. PingPong has shown it can operate in the sound regulatory environment in the EU.

Security 129

Security Payments Fintech United States 129