article thumbnail

New IoT Security Bill Exposes Rising Data Protection, Safety Concerns

PYMNTS

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. They weren’t built with security in mind, and there really isn’t any way to patch them.”.

Security 205
article thumbnail

Luckin Coffee Execs Fired After Fraud Probe

PYMNTS

In a filing with the Securities Exchange Commission (SEC), the board said the agency should not rely on the company’s recent financial statements, which are believed to be inaccurate. A special committee at Luckin hired Chicago-based law firm Kirkland & Ellis as counsel and FTI Consulting of Washington, D.C.

Fraud 185
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

US Retailers Confront Data Privacy Shifts

PYMNTS

European Union and other regions currently fighting the pande mic. Around The Data Protection And Security World. The virus once again tested the boundaries of the EU’s GDPR rule, which has governed the transmission of online information in the region since 2018. Security .

Data 199
article thumbnail

A Continued Decline in Housing Inventory

TrustBank

A closer look at the data by metro regions in which Washington Trust Bank primarily operates shows that this decrease in available listings is occurring locally as well. The active listing count by metro region has also declined when compared to the previous 4 year average.

Metro 52
article thumbnail

Embracing disruption at Bank Innovation Ignite with IBM

Insights on Business

Optimizing risk, compliance and security. Too often cloud adoption can just happen, and security teams are asked reactively to make it secure and compliant. But it is possible to gain control and establish a proactive foundation of well governed, compliant security upon which these cloud projects can be built and managed.

article thumbnail

JPMorgan Chief Says Libra Will Never Materialize 

PYMNTS

18) at a panel at the Institute of International Finance in Washington. FinTech company Revolut hired JPMorgan to raise $500 million in new equity from investors and to secure a $1 billion convertible loan. Dimon was speaking on Friday (Oct. Earlier this week , U.K. bringing Revolut’s total global footprint to 56 markets.

article thumbnail

MOXY Preps Launch Of New Community Bank With NYMBUS

PYMNTS

Following approval by the Federal Deposit Insurance Corporation (FDIC) and Washington, D.C.’s MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services.