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Kount, FreedomPay Join Forces To Offer Payments Platform, Fraud Prevention Package

PYMNTS

Fraud protection specialist Kount and Philadelphia-based payments platform FreedomPay are teaming up to offer “an integrated, complete solution to enable international expansion with fraud-free payments and frictionless customer” experiences.

Fraud 174
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Wyze Smart Device Co Leaks 2.4M Customers’ Data

PYMNTS

The leak was the result of an internal database — the Elasticsearch system — being unwittingly exposed online, Wyze Co-founder Dongsheng Song said in a forum post first published on Dec. 4 when they were using this database, and the previous security protocols for this data were removed. million customers from Dec. he said in the post.

Data 131
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Multiple Lawsuits Filed Over Wawa Data Breach

PYMNTS

Multiple lawsuits seeking class action status have been filed in Philadelphia over a data breach at Wawa convenience stores, which affected 850 locations along the East Coast of the U.S., Massive data breaches are becoming more and more common as more information is moving online and to databases. according to the Associated Press.

Data 131
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How B2B Payments Fraud Hides Within The Enterprise

PYMNTS

With real-time payments and settlement drastically diminishing the window of time in which financial service providers can detect and stop fraudulent activity, the development of such services must integrate security measures that can stop malicious activity before it starts. ” $4.13 Million Stolen In Reported Cyber Fraud Crime Ring.

Fraud 328
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

Security Bank Midwest. Security Bank. Self Financial handles the technology, including access to online accounts and an app, as well as marketing aspects of the program, and Lead Bank provides the compliance and access to the banking system. Two years ago, Lead Bank and Self expanded the program to include a secured credit card.

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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. The move comes in the face of growing evidence that the loans they have sold and secured have not quite performed up to par. ” Will those securities pay?

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Five Ways QSRs Are Encouraging Diners To Skip Lines And Order Ahead

PYMNTS

Taziki’s Mediterranean Café , for instance, has seen its online and to-go orders increase by 200 percent over the past three years. These are just some of the ways that QSRs have recently sought to reinvent their mobile and online ordering experiences to encourage diners skip the line and order ahead: The total number of U.K.