PYMNTS

JULY 25, 2016

Ann Cairns, president of international markets, said in an interview with Reuters that China is extremely important to the future of the company and that the credit card company is poring over the rules in China to see how they would impact the company’s business. That was welcome news to credit card companies, particularly U.S.-based

Cyber Security 100

Cyber Security Payments Cards Marketing 100

PYMNTS

DECEMBER 3, 2018

According to a report in the Wall Street Journal citing cyber security specialists, the breach in which the personal information of as many as 500 million customers was exposed began in 2014, going undetected until September of 2018. It said it learned of it on Sept.

Cyber Security 122

Cyber Security Security Cards Resources 122

The Paypers

OCTOBER 24, 2019

(Telecompaper) The National Cyber Security Centre (NCSC) , Britain's cyber-defence centre has prevented more than one million cases of suspected payment card fraud in 2018, its annual review reveals.

Cyber Security 28

Cyber Security National Fraud Security 28

PYMNTS

JANUARY 7, 2020

The gang demanded $6 million in ransom in exchange for not releasing sensitive information regarding Travelex customers, including birth dates and credit card numbers. Discovered on New Year’s Eve, the cyberattack is now the focus of a criminal investigation, led by the Metropolitan Police.

Cyber Security 130

Cyber Security Online Retail National 130

PYMNTS

SEPTEMBER 17, 2018

As for the locale: Search warrants, noted by ZDNet , were served on those individuals in an immigration detention center, yielding 16 mobile phones, various SIM cards and a number of electronic storage devices. The scam, which used those devices and deployed email methods, netted more than $3 million in Australian currency.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

NOVEMBER 3, 2017

Users can simply ask Siri to send money to contacts, with funds withdrawn from a virtual debit or credit card. The Department of Homeland Security observes October as National Cyber Security Awareness Month. And Apple isn’t alone making P2P payments noise. In India, Google’s latest mobile wallet is also creating a buzz.

Trends 125

Trends Apple Cyber Security Analysis 125

PYMNTS

NOVEMBER 2, 2016

government plans to work with industry partners, such as Bath-based Netcraft — an outfit that specializes in internet security services and counts clients that include Microsoft, BT, Cisco and Intel. universities” that will be tasked with increasing security for smartphones, tablets and laptops.

Cyber Security 100

Cyber Security social media Security Survey 100

PYMNTS

DECEMBER 6, 2018

Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. That threat – and how to defend against it – served as the foundation of a recent PYMNTS discussion that featured Karen Webster and two fraud prevention specialists from KPMG in the U.S. –

Fraud 133

Fraud Payments Security Cyber Security 133

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

Cards 100

Cards Millennials Regulation Cyber Security 100

Banking 2020

SEPTEMBER 10, 2015

In addition to reselling the technology to your customers, your bank may consider giving the software away to your commercial customers to reduce breach risk and the subsequent indirect risk to loans and card reissuing. Total Identity Monitoring. Most banks offer customers credit monitoring.

Cyber Security 40

Cyber Security Security Fraud Software 40

PYMNTS

AUGUST 1, 2016

These intelligent solutions not only let you build a secure e-commerce strategy centered on customer value, but also a broader digital business transformation plan focused on competitive advantage. James Jenkins, Director at CA Technologies, has earned a wealth of thought leadership experience in SaaS, payment, and cyber security.

CA 100

CA Security Payments Cyber Security 100

Payments Source

NOVEMBER 7, 2018

Customer card data from nearly all of Pakistan's major banks has been stolen in a cyberattack, according to a Federal Investigation Agency official in Pakistan.

Cards 62

Cards Data Payments Cyber Security 62

Payments Source

SEPTEMBER 30, 2018

Visa is pursuing the online criminals to prevent future fraud. Visa also works with law enforcement agencies to quantify potential losses and, where possible, assist in the threat mitigation.

Fraud 106

Fraud Cards Online Cyber Security 106

PYMNTS

SEPTEMBER 24, 2018

6 that as many as 380,000 individuals had been affected, where data tied to credit cards used for bookings had been pilfered. The breach itself was one where a cyberattack lasted from Aug. 21 to Sept. The airline informed customers on Sept. Yes, the company gave notice of the breach in a single day, it seems. litigation.”.

Data 152

Data Cyber Security Regulation social media 152

Cisco

JUNE 7, 2019

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The Javelin 2019 Identity Fraud Report notes that, “While existing card fraud losses dropped from $8.1 How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats?

Fraud 63

Fraud Retail San Diego Cyber Security 63

SWBC's LenderHub

JANUARY 26, 2017

However, if you're lending, you're most likely accepting borrower payments, and you need to be informed about the intricacies of PCI DSS, or the Payment Card Industry Data Security Standard. Many of the lenders we partner with often feel like there's a never-ending list of regulatory and compliance requirements to meet.

Industry 60

Industry Security Cards Data 60

Jack Henry

APRIL 30, 2014

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. It ends with encouragement to utilize cyber-security resources like the ones I mentioned earlier. Keeping your policies and procedures up-to-date and capitalizing on valuable cyber-security resources will also help in these proactive efforts.'

Fraud 88

Fraud Cyber Security ATM FDIC 88

Payments Source

AUGUST 17, 2018

Financial institutions are hoping to get ahead of the growing and seemingly insurmountable problem of payment card fraud not just by looking at who cyber-attackers are going after currently but who they are likely to defraud in the near future.

Fraud 104

Fraud Cards Payments Cyber Security 104

FICO

MAY 2, 2019

As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online. Fraud and data breaches have always had a close, if destructive, relationship.

Fraud 70

Fraud Data Risk Management Cyber Security 70

Payments Source

APRIL 13, 2018

Whether the threat stems from technology or human nature, fraudsters are exploiting any opening they can.

Data 64

Data Cards Payments Technology 64

PYMNTS

AUGUST 23, 2017

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. Those sites are then duped into shipping out merchandise purchased using stolen credit card data.

Mobile 102

Mobile San Francisco Tools Security 102

PYMNTS

AUGUST 12, 2016

What CVS says is unique about CVS Pay (clearly not the name) is that it enables HSA and other co-pay information to be stored in the app so that the proper amount is charged to the user’s registered card at checkout. Its pitch to the family is to use their local Mastercard branded credit or debit card to make those payments.

Lending 100

Lending Apple Cards Study 100

Cisco

JUNE 7, 2019

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The Javelin 2019 Identity Fraud Report notes that, “While existing card fraud losses dropped from $8.1 How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats?

Fraud 48

Fraud Retail San Diego Cyber Security 48

PYMNTS

DECEMBER 16, 2016

By boosting the Fed funds rate for the first time in a year, all sorts of attendant interest rates are going to be on the upswing, from mortgage rates to auto loans to — well — vanilla, standard loans and credit card rates. The impact may be longer term in nature, but the benefits will accrue to banks’ bottom lines.

Data 100

Data Security Cyber Security Retail 100

Payments Source

JUNE 7, 2019

Developers of new payment methods often court big retailers to show off their brand, but the card networks' universal buy button is launching with security features designed for smaller shops.

Security 91

Security Branding Retail Cards 91

American Banker

JUNE 8, 2020

Banks and prepaid card providers have played an unwitting role in scams that have stolen billions of dollars from state unemployment insurance programs, whose payouts soared after coronavirus shut down the economy.

Fraud 90

Fraud Cards Cyber Security Security 90

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). During a crisis is not the right time to pass out business cards,” Nelson said wryly.

Exercises 119

Exercises Resources Industry Fraud 119

American Banker

SEPTEMBER 3, 2024

Credit card company is seeking to secure online payments using tokens based on consumers' biometric information.

Online 36

Online Cards Security Payments 36

PYMNTS

SEPTEMBER 22, 2017

In that data breach, the fraudsters may have stolen numerous important and identifying information on consumers, including birth dates and Social Security numbers. What’s more, 209,000 credit card accounts were also breached in the hack. News of Equifax’s data breach has resulted in outcry from consumers, lawmakers and regulators.

National 123

National Security Data Software 123

Payments Source

JULY 15, 2019

The bank is taking a concept that has worked for years in the credit card world — artificial-intelligence-based fraud detection — and applying it to corporate customers' transactions.

Fraud 80

Fraud Payments Cards Cyber Security 80

American Banker

MAY 24, 2016

Everyone agrees that electronic transactions should be as safe as possible, but a PIN mandate will not prevent online or mobile fraud.

Cards 52

Cards Fraud Mobile Online 52

Qudos Bank

FEBRUARY 15, 2024

With online scams leading to millions of dollars in financial losses [2] annually it may be worth paying attention to how well a bank invests in their security and fraud protection, including security practices, privacy measures, and their process for treating fraudulent and unauthorised banking activity.

Cyber Security 52

Cyber Security Security Fraud Online 52

FICO

DECEMBER 18, 2017

In 2017 FICO has seen a surge in adoption of our Enterprise Security Score , as both cyber insurance providers and their corporate customers recognize the value of an objective measure of cyber security risk. In 2018, I predict that the awareness and usage of enterprise cyber scores will skyrocket.

Cyber Security 73

Cyber Security Security Data Resources 73

FICO

DECEMBER 12, 2022

Some of the patents granted this year that are most meaningful to me include: “Visualization for Payment Card Transaction Fraud Analysis,” which relates to a computer-implemented method and system for visualizing payment card transactional fraud analysis. Scott received his Ph.D.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

Payments Source

AUGUST 27, 2018

In the same way a card skimmer steals credentials at an ATM, gas pump or point-of-sale terminal, the Magecart malware hides beneath the surface of a website with a digital skimmer to obtain card and personal information.

ATM 63

ATM Cards Cyber Security Online 63

Payments Source

MARCH 12, 2019

startup enabling banks to use machine-learning technology to block payment card fraud. The past six years have been a whirlwind for King, who had no experience in the payments industry before becoming CEO of Featurespace, the fast-growing U.K.

Fraud 71

Fraud Cards Industry Payments 71

Payments Source

APRIL 5, 2019

housed dozens of cybercriminal groups that set up shop on the platform as online marketplaces to sell a variety of illegal services, such as stolen credit card information, account theft and spamming tools, a team of researchers found. Facebook Inc.

Groups 69

Groups Tools Cards Online 69