PYMNTS

SEPTEMBER 21, 2020

A shocking new report reveals an underworld of corruption in the world’s banks and how governments allow it to thrive, BuzzFeed News reported. The report found the illegal profits from the drug trade, cash stolen from developing countries and Ponzi schemes flow through financial institutions despite warnings from bank employees.

Report 279

Report North Carolina United States New York 279

PYMNTS

AUGUST 11, 2020

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 221

Security North Carolina Leadership Meeting 221

PYMNTS

DECEMBER 18, 2020

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

Report 274

Report United States social media Guidelines 274

CFPB Monitor

DECEMBER 22, 2020

Additionally, service providers to banking organizations would be required to notify at least two individuals at affected banking organization customers immediately after the bank service provider experiences a computer-security incident that it believes in good faith could disrupt, degrade, or impair services provided for four or more hours.

Security 78

Security Report FDIC Regulation 78

Cisco

OCTOBER 4, 2022

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions. Sweeping in scope, the AIO guide is very detailed on guidance for different technologies.

Operations 118

Operations Software Risk Management Management 118

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions.

Report 195

Report Risk Management Capital Data 195

PYMNTS

AUGUST 21, 2020

As it approaches its potential introduction to the public markets, Palantir is reportedly set to be the newest in a line of tech firms to go public long prior to bringing in positive income, The New York Times reported. The Times garnered the documents, which provide an in-depth view into the firm’s operations as well as accounting.

Report 250

Report United States New York Big Data 250

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

APRIL 9, 2020

million ransom to get their systems back online, The Wall Street Journal reported. A Travelex spokesman told the WSJ that the firm got advice from security experts on how to proceed, and have kept its investors and regulators up to date on the recovery. The deadline for doubling the payment is two days.

Report 279

Report Groups Data Cards 279

PYMNTS

AUGUST 9, 2020

District Court for the Southern District of California, where TikTok’s American operations are based, as soon as Tuesday (Aug. 11), National Public Radio (NPR) reported, citing a source. It also alleges that the administration’s national security justification for the order is untrue. “The operations have emerged.

Report 164

Report US social media Video 164

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

PYMNTS

JANUARY 11, 2021

Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 NCR’s $39 per share all-cash offer topped Apollo Global Management’s earlier bid for $35 per share to acquire Cardtronics, Bloomberg reported. 11) press release. . Shares of Cardtronics climbed 0.3

ATM 172

ATM Operations Houston Georgia 172

Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector. Embracing these changes enables entities to fortify their operations, safeguard stakeholders, and instill trust within the broader financial community.

Compliance 221

Compliance New York Regulation Analysis 221

PYMNTS

JULY 24, 2020

These marketplaces need to have strong security approaches in place, however, to ensure they do not accidentally onboard any fraudulent sellers or let other scams be perpetrated across their platforms. Find more about these stories and the rest of the latest headlines in the Report. Get the full story in the Report.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

JULY 1, 2019

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by Uber on the horizon. The firm started its Sudan operations in September 2018 following the lifting of economic sanctions by the United States in 2017, Reuters reported.

Operations 100

Operations United States Washington Report 100

PYMNTS

MAY 15, 2019

Respond Software announced that it has closed a $20 million Series B funding round, led by ClearSky Security, with participation from previous investors CRV and Foundation Capital.

Software 108

Software Operations Security Resources 108

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

Security Innovation Fraud Study 213

PYMNTS

OCTOBER 2, 2018

Enterprise cybersecurity startup Tanium has raised additional funding just five months since its last investment round, according to reports on Tuesday (Oct. The last round was largely an inside round,” said the company’s chief operating officer and chief financial officer, Fazal Merchant, referencing the previous round of funding.

Security 134

Security California Data Compliance 134

PYMNTS

DECEMBER 20, 2020

21) will file documents with securities regulators to allow a special purpose acquisition company (SPAC) it created previously to raise as much as $600 million through an initial public offering (IPO), Axios reported. Moreover, Axios reported, Softbank is moving toward creating additional SPACs. Softbank on Monday (Dec.

Report 217

Report Groups Strategy Regulation 217

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. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

JANUARY 20, 2020

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. Earlier this month, Goldman Sachs announced that it was revamping its reporting into new divisions.

Operations 150

Operations Capital Groups Apple 150

PYMNTS

NOVEMBER 1, 2020

In Apple 's annual report , the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations and financial conditions. Those could lead to changes in the company's practices or further legal proceedings, the report stated.

Apple 235

Apple Company Report Regulation 235

PYMNTS

SEPTEMBER 24, 2020

The digital methods suit remote purchasing environments and offer security features that can make it difficult for fraudsters to use stolen card details. This is far from the only significant change to how AP departments operate, and many companies are also exploring digital tools for onboarding new vendors more smoothly.

Report 269

Report Payments Tools Video 269

PYMNTS

MAY 28, 2020

Google’s security experts had their hands full in April, as its Threat Analysis Group ( TAG ) emailed 1,755 warnings to users whose accounts were targets, the California-based global technology company wrote on its blog Thursday (May 27). has emerged, ?establishing APP was designed specifically for high-risk accounts.

Google 175

Google Report Security California 175

PYMNTS

MAY 20, 2020

In other news, France has become the first nation to test out a blockchain-operational digital euro with successful results, Banque de France announced on Wednesday (May 20). The institution noted per the report that it tried out a central bank digital currency (CBDC) sale of securities in mid-May.

Bitcoin 131

Bitcoin blockchain Operations cryptocurrency 131

PYMNTS

JANUARY 28, 2020

WhatsApp, which boasts end-to-end encryption and high-level security, disclosed 12 vulnerabilities in 2019, seven of which were described as critical, according to a report by the Financial Times. Rogers added that the data “strongly suggests” that WhatsApp hadn’t been taking security of the app very seriously.

Report 130

Report Security Conference Video 130

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. Despite the potential for biometrics to grow, the same report found that concerns remain over the use of biometric data. as part of a visa waiver program.

Security 110

Security Report National Millennials 110

PYMNTS

JUNE 22, 2020

How Customer Reviews Provide Lifeblood To Restaurant Operations. Customers can find out where their peers are happily returning after good experiences, for example, while eateries can invest time in digital platforms that provide prospective diners with information to secure their patronage. The Value In Quick Responses .

Operations 156

Operations social media Online Survey 156

PYMNTS

DECEMBER 8, 2020

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. Brazil-based facial recognition and identification technologies provider Acesso Digital recently reported that more than 5.2

Video 211

Video Report Meeting United States 211

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. The Security Threats Facing ITMs And How FIs Can Protect Them. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

MAY 4, 2020

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard.

Operations 141

Operations Regulation Regional Retail 141

PYMNTS

AUGUST 8, 2018

Department of Homeland Security researchers have reportedly found many security vulnerabilities in mobile devices sold by U.S.-based based cellphone carriers, reported Fifth Domain. The researchers told Fifth Domain that it’s not clear whether hackers have taken advantage of the security holes yet.

Security 102

Security Mobile Report Data 102

PYMNTS

APRIL 1, 2020

As individuals were beginning to seek COVID-19 benefits, hackers disrupted Italy’s Social Security internet site, per the leader of the welfare agency. Tridico said he notified authorities about the incident, which has brought into question the security of the country’s online infrastructure as it grapples with the COVID-19 crisis.

Security 141

Security National Report Retail 141

PYMNTS

JANUARY 28, 2020

WhatsApp, which boasts end-to-end encryption and high-level security, disclosed 12 vulnerabilities in 2019, seven of which were described as critical, according to a report by the Financial Times. Rogers added that the data “strongly suggests” that WhatsApp hadn’t been taking security of the app very seriously.

Security 130

Security Conference Video Apple 130

PYMNTS

JANUARY 19, 2018

In the latest sign of regulatory action in the virtual currency realm, the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against three virtual currency operators, with allegations that the trio had defrauded customers. In addition, the regulator charged, the three operators broke laws governing commodity trading.

Operations 120

Operations Regulation US Bitcoin 120

PYMNTS

JULY 31, 2020

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls. They also purchased Forever 21 in February.

Puerto Rico 145

Puerto Rico Report New Jersey New York 145

PYMNTS

FEBRUARY 28, 2019

IoT Security Concerns. A company such as Zededa generally operates in an area called “edge computing,” which a recent article from PCMag.com defined as “an architecture in which data is processed closer to where it originates.” Security Upgrades?

Security 198

Security Survey Course Data 198