Remove 2010 Remove Operations Remove Security
article thumbnail

Mastercard Selects New President For European Operations

PYMNTS

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. He will be succeeded by Mastercard’s Chief Product Officer Michael Miebach, who first joined the company in 2010 as president of the Middle East and Africa. .

article thumbnail

Report: FinCEN Files Reveal Billions In Suspicious Money Flows

PYMNTS

Among the scams highlighted include HSBC in Hong Kong, which allowed a $15 million Ponzi scheme to move its money even after the business was being barred from operating in three states. Since 2010, prosecution has been delayed by 18 banks for anti-money laundering, according to BuzzFeed.

Report 279
Insiders

Sign Up for our Newsletter

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

article thumbnail

Intel Hustles To Fix Longstanding Security Flaw In Enterprise Devices

PYMNTS

Intel has reportedly been operating with what reports called a “critical vulnerability” in its firmware that could allow hackers to infiltrate company systems via Intel’s Active Management Technology, Small Business Technology or Standard Manageability. In other words: there isn’t an easy (or fast) fix to this vulnerability.

Security 100
article thumbnail

Data Shows 42 Pct Of Small Cap US Businesses Failing To Turn Profit

PYMNTS

The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. The number is the highest since 2010’s 44 percent, the index says. broker-dealer Strategas Securities , said the downturn was “just getting started,” and that the velocity at which the number had risen was concerning.

US 175
article thumbnail

Drone Company Flytrex Secures $7.5 Million

PYMNTS

The money, according to company CEO and Co-founder Yariv Bash, will be utilized to beef up operations and make improvements to the company’s drone services. In May of 2010, a few states were selected to be part of the UAS Integration Pilot program , with the goal of creating traffic management systems that can accommodate drone traffic.

article thumbnail

VirnetX Takes $503M Bite Out Of Apple For Patent Infringement

PYMNTS

11, 2010, alleged that Apple’s FaceTime and VPN On Demand features were using its patented technology. national security.”. "On 1), the tech giant referred to the possible effects of legal proceedings and global regulations and how those could impact its operations and financial conditions. The original lawsuit , filed Aug.

Apple 226
article thumbnail

Microsoft Sues North Korean Firm For Cybertheft

PYMNTS

Microsoft alleges that those individuals engaged in a cybertheft operation that targeted high-value computer networks. 18 and was unveiled last week, Microsoft says Thallium has been active since 2010, and that the hacking group poses a threat “today and into the future.”. According to the lawsuit, which was filed on Dec.