Payments Providers Combat The Conflict Between Security, User Experience

PYMNTS

In financial services, demand for ease of use and security are sky-high, even for business customers. Greater Security Without Compromising UX. Financial services firms deploy more and more point security products to cover the gaps created by the expanding attack surface,” he explained.

Entersekt, Netcetera Team Up On eCommerce Payment Security

PYMNTS

The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks. It is said that the 3-D Secure solution can be implemented in a short amount of time.

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Global Security Officials Meet To Discuss 5G Security

PYMNTS

Representatives from a number of countries around the world – excluding Russia, China and representatives from technology giant Huawei – met to discuss the security of 5G networks as many countries prepare for deployment of the technology, according to a report by Reuters.

Payment security in a world going mobile

Mobile Payments Today

As a rising number of consumers use digital payments to conduct ecommerce transactions, businesses need to make sure their mobile apps are secure. Customer identity and payment information is increasingly at risk as fraud actors find new ways to compromise mobile platforms

Can Less Digital Security Actually Be More Secure?

PYMNTS

A person’s phone number, according to Meier, can serve as a reliable path toward frictionless, secure interactions between consumers and banks, payment service providers and other organizations. What was the color of the car you owned in 2005? Still remember it? Probably not.

The Future Is Secure For Smart Devices

PYMNTS

Along with the growing popularity of IoT devices, from fitness wearables to smart fridges, comes increased security and privacy issues. The latest Intelligence of Things (IoT) Tracker details how these concerns are driving providers to develop new security approaches.

Disrupting The Security Deposit With Insurance

PYMNTS

The average security deposit in the U.S. Their savings might cover the security deposit — barely, in some cases — but will more or less be consumed. I’d love to see that flip to where cash security deposits are the exception,” he said.

DataVisor Introduces Anti-Fraud Security Solution dEdge

PYMNTS

Security & Fraud Cybersecurity DataVisor Fraud Prevention News Security What's Hot

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New Apple OS Reportedly Has Payment Security Issues

PYMNTS

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its operating system, according to reports. This is a major security flaw in iOS.

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Mastercard Lauds Apple Card Security

PYMNTS

Apple Card, a new kind of credit card created by Apple, is being applauded by Mastercard for its enhanced security, simplicity, transparency and privacy, CNBC reported on Tuesday (Aug. Apple Apple Card credit cards MasterCard News Security What's Hot

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JPMorgan Ups Security By Blocking FinTechs From Passwords 

PYMNTS

Data security is an issue with far-reaching consequences. Security & Fraud data security data sharing FinTechs JPMorgan Chase News passwords Plaid tokens What's Hot Yodlee

Security Group Warns Iranian Hackers Could Target US Electric Utilities

PYMNTS

Particularly after the killing of Iranian general Qassem Soleimani earlier this month, officials at industrial control system security firm Dragos said there was reason for officials to be wary. Iranian hacking groups are targeting U.S.

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iRobot On Cleaning Up Smart Home Security

PYMNTS

Security continues to be a top IoT concern, however: Mounting data breaches and newly discovered device vulnerabilities have prompted wariness around IoT adoption. iRobot On Cleaning Up Smart Appliance Security Risks. With more than 8.6

Who’s Responsible For IoT Security?

PYMNTS

Promising as intelligence of things (IoT) solutions are, though, security has been a stumbling block. The June IoT Tracker explores the latest advancements in IoT security and new applications of smart technology. These incidents raise questions as to who’s responsible for IoT security.

When Email Becomes SMBs’ Biggest Security Threat

PYMNTS

The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target. As Sadler explained, cyberattackers will often use the BEC tactic rather than attempt to steal a company’s bank credential information, due to banks’ elevated security measures. Electronic payment technologies, too, are increasingly focused on security and fraud mitigation efforts.

Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud

PYMNTS

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.

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Amazon Launches Wi-Fi Security Subscriptions

PYMNTS

Amazon is rolling out new subscriptions for eero , the security service that it acquired last year. Advanced security keeps you from accidentally accessing millions of sites associated with harmful content, like malware, ransomware and phishing attacks.”.

How FinTech Apps Can Ace Security

PYMNTS

The September AML/KYC Tracker examines the latest fraud challenges and efforts to ensure tight security and compliance. . How Mobile Financial Startups Can Bridge the Security Gap.

Google To Tighten Android Security For Password, Payment Autofills

PYMNTS

Looking to tighten up security, Google is exploring adding biometric scans for password and payments to its Android Autofill options. The move, according to Android Central , will attempt to address concerns that Google’s password protection has often been less secure than it could be.

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Behind Mastercard’s approach to data security and privacy

Bank Innovation

Mastercard has unveiled a series of principles that underline its approach to data security and privacy. Mastercard’s principles include security and privacy, transparency and control, accountability, integrity, innovation, and social impact. […].

Mastercard Talks Securing Innovation, And Innovating Security

PYMNTS

In financial services today, security and innovation can work with each other, and against each other. But customers’ constant demand for cutting-edge products and services is adding to the load of already heavy security burdens. For the banks and merchants serving them, the challenge is matching the great strides in connectivity with consistency of experience and security. Passwords remain commonplace, despite the evolution of security technology.

Gusto Cites Security Concerns In Zenefits API Dispute

PYMNTS

” Gusto, on the other hand, said its decision to request changes on Zenefits’ end stems from security issues. … These security protocols exist in order to keep customer information secure and private.

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. IoT security in a connected world.

Tokenization's role in IoT security

Mobile Payments Today

While more connected devices is convenient for consumers as far as payments, it also opens a window for cybercrime and security breaches

New EMV checkout standards look to create secure, frictionless environment

Mobile Payments Today

The new EMV Secure Remote Commerce specifications may provide a solution to a longstanding problem with ecommerce checkout creating friction for consumers and being vulnerable to fraud

Even For Smart Sprinklers, Security Matters

PYMNTS

Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines. In the July Intelligence of Things Tracker™ , PYMNTS explores the latest news in IoT, including partnerships, innovations, security risks, and oversight from world governments.

BlackBerry On 5G And The IoT Security Problems That Must Be Fixed

PYMNTS

Providers must still keep watchful eyes on their 5G devices’ security measures, according to Sarah Tatsis, vice president of the Advanced Technology Development Labs business unit of software and IoT solutions provider BlackBerry. Connected devices, security and the rise of 5G.

DevSecOps Release Coordination – Security Architect

Perficient Financial Servies

In this post we will explore the role of the Security Architect in the overall development, testing and release of software. I am therefore pleased to introduce you to Sanghita, your Security Architect. Security Architect Persona. governance over secure coding best-practices.

Samsung Explains Galaxy Smartphone Security Flaw

PYMNTS

With a problem that stems from some silicone cases, Samsung explained a significant security flaw that could allow anyone’s fingerprint to unlock the Galaxy Note 10 and Galaxy S10 family of smartphones. Security & Fraud biometrics News Samsung Security Smartphones What's Hot

Cap One Employees Warned Of Security Issues Pre-Hack

PYMNTS

Capital One employees raised red flags over security risks before the company suffered a massive data breach. Capital One stressed that credit card account numbers and login credentials were not compromised, while more than 99 percent of Social Security numbers were not impacted.

It’s time to embrace customer data privacy and security

Insights on Business

But for companies that don’t master privacy and security, data can be toxic. At the federal level, congressional leaders have introduced several bills targeting the privacy of data and data security, such as the Privacy Bill of Rights Act from U.S. The time to examine your approach to data privacy and security is now. Learn more about IBM’s data security services and the privacy and data protection practice of Promontory Financial Group, an IBM company.

Selling Security

Independent Banker

Security fears about online banking may be impairing your community bank’s ability to grow demand deposit accounts. Nearly two-thirds of those who do not use mobile banking cite concerns about security issues such as data interception, phone hacking, or a lost or stolen phone.

How PSD2 And Open Banking Impact Security

PYMNTS

These initiatives could also lead to an increase in security risks, since sharing data among a range of financial service providers creates new opportunities for it to fall into the wrong hands.

Microsoft Issues Emergency Internet Explorer Security Update

PYMNTS

Microsoft issued an emergency security update for Internet Explorer after hackers were able to exploit a new flaw in several versions of the browser.

Microsoft Intelligent Security Solutions

Perficient Financial Servies

Part 1 – Microsoft Secure Score. 56 Security Actions You Can Take Today to Improve Your Security Posture. One shining culmination of that investment is Microsoft Secure Score, integrated into your Microsoft 365 security center.

Securing Digital Identities In The Information Age

PYMNTS

Today In Data authentication Commerce digital identity News payments Retail Security security & fraud Today in Data verification VisaPhone numbers, email addresses, usernames and other online signifiers have become essential to verification as the world becomes more connected.

Regulators Investigate China’s Ex-Securities Regulator

PYMNTS

Liu Shiyu, the former head of China’s securities regulator, is being investigated for violating anti-corruption laws. Liu Shiyu had become head of the China Securities Regulatory Commission in 2016.

NEW REPORT: With 5G Anticipation Building, Security Threats Loom

PYMNTS

That said, there are still roadblocks that players in the IoT ecosystem need to overcome, including the potential security risks that have plagued the industry from the beginning. 5G And Issues With IoT Security.

EU Official Downplays 5G Delay Over Security Concerns

PYMNTS

Breton, who is a former French finance minister, said 5G, which will be used to implement more smart cities and cars and artificial intelligence, will require more strict security than previous rollouts of new technologies. Europe 5G china delay EU Germany huawei News Security What's Hot

Deep Dive: Tackling mPOS Solutions’ Security Challenges

PYMNTS

These small entities are seeking to win trust despite not being established brands, but customers will only feel safe if they’re confident that their payment information will remain secure. . This month’s Deep Dive explores its key security risks and the ongoing efforts to mitigate them. .

The Cloud Surrounding Banks’ Data Security (In The Cloud, Too)

PYMNTS

Security & Fraud banking Capital One data breach data security ecb NewsNo rest for banks amid the hackers. And certainly not with an outsourced tech model.

Amazon Ring Security Flaw Opened Door To Hackers

PYMNTS

Amazon Ring fixed a security vulnerability in its Ring Video Doorbell Pro that could have potentially allowed hackers to get homeowners’ Wi-Fi passwords, TechCrunch reported on Thursday (Nov. Customer trust is important to us and we take the security of our devices seriously.

Google Disables Links To Xiaomi Cameras Amid Security Scare

PYMNTS

One user of a Google Xiaomi Mijia home security camera recently got a shock when they discovered their device projecting images from another person’s home. Home security cameras have had similar issues before.

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