PYMNTS

OCTOBER 11, 2018

Cyberattacks on banks have become seemingly inevitable, with banks and financial institutions (FIs) at risk of losing as much as $100 billion to online fraud every year. FIs hoping to win the fight against fraud are increasingly embracing new tools and technologies like machine learning (ML) and artificial intelligence (AI).

Security 173

Security Trends CA Apple 173

PYMNTS

DECEMBER 2, 2019

As B2B fraud threats like the business email compromise (BEC) scam or internal employee theft continue to grow for businesses large and small, experts are urging business owners and executives to take the lead in combatting fraudsters. Officials noted that invoice fraud occurs on a “regular basis,” according to 3FM reports.

Fraud 176

Fraud Arkansas Apple Report 176

PYMNTS

SEPTEMBER 17, 2019

Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and fraudsters have been reluctant to abandon the scheme as this year progresses. Fraudsters made off with account numbers and other personal details, which could later be used for different synthetic identity fraud or related schemes. digital bank Monzo.

Fraud 196

Fraud Digital Banking Delaware Tools 196

PYMNTS

OCTOBER 30, 2020

In today’s top news, Mastercard reveals its AI tool Cyber Secure to help banks fight cyber breaches, and Amazon reported record-setting earnings. Mastercard’s Cyber Secure Uses AI to Help Banks Fight Cyber Fraud. Apple Services Revenue Jumps, Subscription Bundles Debut. Alphabet reported on Thursday (Oct.

Cyber Security 148

Cyber Security Security Fraud Payments 148

PYMNTS

FEBRUARY 21, 2020

In today’s top payments news, the New York attorney general accused the Taxi and Limousine Commission of drastically inflating the price of taxi medallions, and Apple is debating letting users change their default apps. NYC Taxi Commission Accused Of $810 Million Fraud. Apple Considers Letting Users Change Default Apps.

Apple 150

Apple Samsung Fraud New York 150

South State Correspondent

APRIL 9, 2025

Authentication & Consent Handoff : Lightweight OAuth or MPC (Multi-Party Computation) protocols to securely authenticate agents and authorize data access or action on behalf of users. Declarative Action Intents : Publish available actions (e.g., The Benefits of Agent-Optimized Access The future of banking looks more agent driven.

How To 195

How To Data Security Management 195

PYMNTS

AUGUST 27, 2020

The news outlet cited a report from Night Lion Security , which looks into companies' vulnerable points. So, the fraud increased as well. Tens of thousands of stolen Fortnite accounts are being sold on the black market in a $1 billion a year trade, according to Bloomberg.

Marketing 289

Marketing Apple Video Fraud 289

PYMNTS

OCTOBER 18, 2018

In the latest Digital Banking Tracker , PYMNTS examines how customer migration to mobile and digital offerings is creating security related challenges for banks big and small — and how financial institutions (FIs) around the space are working to solve them. How Banks Are Weaponizing Data To Fight Fraud. About the Tracker.

Fraud 178

Fraud social media Data Trends 178

Payments Source

AUGUST 8, 2019

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

Apple 167

Apple Cards Branding Technology 167

PYMNTS

MARCH 20, 2020

Fraud attacks’ frequency and complexity will likely continue to rise despite merchants’ best efforts to prevent them. The Latest Fraud Decisioning Developments. The United Kingdom’s RELX , an information and analytics firm, has meanwhile purchased fraud prevention firm Emailage to boost its own anti-fraud efforts.

Industry 225

Industry Fraud social media Security 225

PYMNTS

OCTOBER 11, 2018

FBI Director Christopher Wray had this to say about recent allegations that spy chips from China had been placed into servers owned by tech giants such as Apple and Amazon : “Be careful what you read.”. Apple never had any contact with the FBI or any other agency about such an incident.

Apple 148

Apple Report Security Course 148

Payments Source

MARCH 25, 2019

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

Apple 160

Apple Cards Branding Technology 160

PYMNTS

FEBRUARY 11, 2019

A German teen has found a vulnerability bug in macOS that exposes all passwords stored on the system, but he has decided not to give Apple any information about it, according to reports. Henze doesn’t want to tell Apple about the bug because of “lack of payment for such research.”

Apple 146

Apple Security System Report 146

PYMNTS

JANUARY 26, 2020

Google has announced that all paid commercial extensions have been temporarily suspended from being published or updated in the official Chrome Web Store due to fraud, ZDNet reported on Saturday (Jan. As a result, Google’s security team indefinitely suspended the extensions, which impacts all paid extensions.

Google 161

Google Fraud Apple Meeting 161

PYMNTS

JANUARY 1, 2021

If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

Regulation 352

Regulation social media Course Apple 352

PYMNTS

SEPTEMBER 6, 2019

6), Apple confirmed that a largely Muslim minority group in China, the Uighurs, was the target of attacks in a spying attempt tied to iPhone security flaws, but disputed the way Google described the attacks, Reuters reported. Apple said it fixed the problem in February after it was notified of it. On Friday (Sept.

Apple 100

Apple Google Security Community 100

PYMNTS

SEPTEMBER 9, 2019

One might have thought the low watermark for digital security headlines came the week before last, with the near-continuous revelations that Jack Dorsey had fallen victim to a SIM swap identity theft attack and Apple had accidentally left a large exploit in iOS for the last two or so years. Apple Claps Back on Cyberattack Claims.

Apple 100

Apple Security Data Google 100

PYMNTS

JULY 1, 2019

In payments fraud, it pays — literally — to change up the game a bit. The report shows the use of malicious emails, rather than attachments, is on the rise — which darkreading.com said comes along with new variants of impersonation fraud. Individual Fraud Cases, Here and Abroad. The data across a sample set of 1.3

Fraud 154

Fraud Report Minnesota Branding 154

PYMNTS

OCTOBER 16, 2018

Apple, nearly a week after it emerged that some Apple IDs were stolen in China, apologized for the hacking, saying in a statement that it found “a small number of our users’ accounts” had been accessed via a phishing scam, reported The Wall Street Journal. Alipay , the mobile payment app, said on Wednesday (Oct.

Apple 115

Apple social media California Report 115

PYMNTS

DECEMBER 4, 2018

Coverage includes France’s Natixis Payments bringing Apple Pay to users of Apetiz at restaurants and retailers. France’s Natixis Payments is bringing Apple Pay to users of Apetiz for payments at affiliated restaurants and retailers, Natixis said in an announcement.

Google 148

Google Apple Payments Samsung 148

PYMNTS

DECEMBER 21, 2018

Apple ’s latest transparency report shows a rise in worldwide demands for data. Germany came out on top with 13,704 requests for data on 26,160 devices, which Apple said was mostly due to stolen devices. The increase can be attributed to China’s request for thousands of devices’ worth of data during one fraud investigation.

Apple 128

Apple Data United States Report 128

PYMNTS

OCTOBER 24, 2018

When it comes to deploying corporate resources in the battle against online fraud and account takeovers (ATOs), all too often, guiding principles fail to spot what’s really happening to a business in real time. The rule of thumb here is that after committing account takeover fraud, those fraudsters lie in wait before using the stolen account.

Fraud 159

Fraud Risk Management Customer Experience Trends 159

PYMNTS

JANUARY 18, 2021

Decathlon faced its share of security and customer acceptance challenges when rolling out its QR code system as an alternative to cash payments. QR codes were instrumental in ensuring seamless contactless transactions, with customers scanning them and completing transactions with their stored payment cards, Apple Pay or Google Pay.

Security 209

Security Payments System Retail 209

PYMNTS

JULY 29, 2020

Bank of America (BoA) has expanded its mobile wallet use to include corporate customers in the Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) regions, hoping to enhance clients’ experiences through faster and more secure business transactions, according to a press release. According to BoA, this helps to prevent fraud.

Mobile 247

Mobile America Security Cards 247

PYMNTS

JUNE 12, 2017

Digital security may just be a pipe dream that society will always be chasing. 31 billion | Amount of expected cyber security fraud losses outside of the consumer circle by the year 2020. 22 | Number of people arrested in China for stealing personal data of Apple customers.

Security 110

Security Cyber Security Data Apple 110

PYMNTS

FEBRUARY 17, 2020

The travel industry may have seen exceptional growth in recent years, but the space has also toted the heavy baggage of rising fraud costs. Fraud could cost the market more than $25 billion this year, and approximately 20 percent of attempted travel-related transactions are confirmed to be fraudulent. No one used it,” he lamented. “It

Security 141

Security Tools Fraud System 141

PYMNTS

JUNE 19, 2018

Fraud has no choice but to roll with the punches, and the flurries are enough to daze a boxer as skilled as Ali. By now, it’s widely known that chip-enabled cards have been pushing fraud to digital conduits. This is the estimate of global card fraud losses by 2020. Pity the poor fraudster. Grab a piece of an ID and blam!

Fraud 138

Fraud Analytics Online Cards 138

PYMNTS

JULY 5, 2018

Apple’s new iOS 12 includes a security code auto-fill feature that according to a researcher makes customers more susceptible to banking fraud. With two-factor authentication in common with online banking apps Gutmann argued users are more exposed to banking fraud.

Fraud 103

Fraud Apple Security Online 103

PYMNTS

JANUARY 17, 2020

Take the issue of retail security as one example. As the new PYMNTS Merchant Fraud Decisioning Playbook shows, fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are already putting that data to use. Retail Trust and AI.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

SEPTEMBER 18, 2020

We have deep dives on digital onboarding at universities, subscriptions and quick-service restaurant (QSR) friendly fraud. Apple Provides Temporary Access to Epic Games' Fortnite. Players of Fortnite can now log into the video game on Apple’s sign-in system following an almost two-week prohibition. Helping QSRs Fight Food Fraud.

Fraud 141

Fraud Apple California Innovation 141

PYMNTS

JANUARY 20, 2021

FIs must be prepared to support the pandemic-driven shift in consumers’ payment and spending behaviors while also keeping up with new security needs, Chris Tremont , executive vice president of virtual banking for Radius Bank , said in a recent PYMNTS interview. “As More Debit Payments, More Debit Fraud. is huge,” Tremont said.

Security 130

Security Cards Mobile Fraud 130

PYMNTS

JUNE 26, 2020

Visa Launches Advanced Identity Score To Help FIs Fight Application Fraud. PYMNTS talks with Investec about how banks can improve this lack of trust by securing the areas in which clients input their private data. . Apple To Let Developers Challenge App Store Rules, Mum On Apple Pay During WWDC.

Apple 231

Apple Payments Meeting Conference 231

PYMNTS

DECEMBER 23, 2019

A 22-year-old Turkish man from London was convicted of attempting to blackmail Apple out of $75,000 in cryptocurrency or a thousand $100 iTunes gift cards by falsely claiming he had access to iCloud and other Apple accounts, various outlets reported on Monday (Dec. Immediately following the threat, Apple reached out to U.K.

Apple 137

Apple National Groups cryptocurrency 137

PYMNTS

DECEMBER 8, 2016

FreshBooks is the latest SME service provider to support Apple Pay for B2B payments. 7) that the cloud accounting platform can now support the use of Apple Pay for invoice payments, enabling users to settle bills without having to enter in card data. The company announced Wednesday (Dec.

Apple 100

Apple Cards Fraud Payments 100

PYMNTS

SEPTEMBER 10, 2019

Also, the new iPhones and the rest of Apple ’s fall lineup of devices will finally get their introduction when Tim Cook and company hit the stage today. What Apple Fans Are Expecting from Today’s iPhone Event. How FinTech Apps Can Ace Security. Stripe Expands European Presence. B2B Payments: Moving from Inertia to Ignition.

Apple 108

Apple New York City Payments New York 108

PYMNTS

FEBRUARY 14, 2020

The fraud prevention race is the same as it has always been, with merchants and security companies sprinting to stay ahead of cybercriminals to keep data safe and secure. Although fraud losses from banks, retailers and online platforms have continued into 2020, so has security innovation.

Fraud 150

Fraud Security Online Kentucky 150

PYMNTS

SEPTEMBER 24, 2019

Southwest Airlines recently signed an agreement with two payment companies to enable it to accept Apple Pay. Small banks can struggle to develop such services and keep them secure, however. Many real-time payment systems only enable push payments because the rail’s designers believe this lowers the risk of fraud.

Mobile 246

Mobile Payments Apple Millennials 246