PYMNTS

JUNE 16, 2020

While the sector is, for the most part, more secure than other verticals, it encounters the “world’s elite hackers,” Kellerman said. He recommended that AML and forfeiture rules be updated “to seize the virtual currencies and digital payments which are used in the cybercrime conspiracies.”.

US 227

US Cyber Security Security National 227

PYMNTS

NOVEMBER 21, 2019

KPMG is rolling out a new payments security solution targeting B2B payments fraud, the company said Thursday (Nov. A press release said KPMG is collaborating with cybersecurity provider nsKnox to roll out its KPMG Secure Payments tool, distributed and serviced by KPMG Israel.

Fraud 111

Fraud Security Payments Cyber Security 111

Bobsguide

MAY 23, 2018

Artificial intelligence has come on leaps and bounds in the past few years, with big data and cyber security adding much to financial service firms’ means of protection. Here, bobsguide speaks with Nezar Nassr, technical product manager and Nasser Sweileh, head of financial crime and.

Cyber Security 107

Cyber Security Big Data Payments Security 107

Matt Wilcox Pro

SEPTEMBER 17, 2020

I am the first to admit that when it comes names of commemorative months, National Cyber Security Awareness Month isn’t the sexiest. Reducing it to the initialism NCSAM makes it easier to write, but not easier to pronounce—En-see-sam? and it it doesn’t help in the sexiness department, either.

Cyber Security 68

Cyber Security National Security Payments 68

PYMNTS

NOVEMBER 28, 2019

“Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as Governance, Banking & Finance, Cyber Security and so on,” wrote Sanjay Dhotre.

blockchain 158

blockchain National Cyber Security Security 158

PYMNTS

DECEMBER 6, 2018

Such a scenario stands as a terrifying example of not only the sophistication of criminals, but also the threat of fraud in a real-time payments environment. 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.

Fraud 133

Fraud Payments Security Cyber Security 133

PYMNTS

JULY 25, 2016

Mastercard is mulling an entrance into the China market and could get its application in during 2016 to become a payment provider in what is expected to be the largest market by 2020. China announced this summer that it would let non China-based payment card companies operate in the country, but they would have to follow China’s rules.

Cyber Security 100

Cyber Security Payments Cards Marketing 100

PYMNTS

FEBRUARY 24, 2020

As a leader in payments technology, Mastercard is to grow its workforce with notable investments in its artificial intelligence, cyber security, blockchain, user experience teams, and more.

Cyber Security 159

Cyber Security User Experience Technology blockchain 159

PYMNTS

NOVEMBER 30, 2020

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. million erroneous payment resulting from a BEC scam. In total, about $104.5

Fraud 177

Fraud Cyber Security Data Software 177

CFPB Monitor

AUGUST 12, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) released Draft Amendments to its Cyber Security Regulations. Second, the Amendment would also require covered entities to notify the superintendent within 24 hours of making an extortion payment.

Regulation 147

Regulation Cyber Security New York Trends 147

Payments Source

APRIL 1, 2019

While many Americans and Europeans are comfortable using biometric authentication to access their smartphones and bank accounts, the real leader in biometric adoption for payments is actually the government of India.

Payments 148

Payments Cyber Security Security Mobile 148

PYMNTS

JANUARY 2, 2020

50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . The new payment modes that have to be added are in addition to whatever payment methods a company already provides. The new regulation went into effect on Jan.

Cards 130

Cards blockchain Retail Cyber Security 130

PYMNTS

AUGUST 1, 2016

No incessant authentication requests … all without sacrificing their security. Enter intelligent Payment Security. 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.

CA 100

CA Security Payments Cyber Security 100

PYMNTS

JUNE 30, 2020

“With this expansion, the Innovation Hub will be well placed to advance work on a broad range of issues of importance to the central banking community, including digital currency and digital payments, cyber security, distributed ledger technology and artificial intelligence,” he said, according to the release.

Innovation 148

Innovation Cyber Security New York Survey 148

Payments Source

JULY 13, 2016

Cyber risk analytics provider Bay Dynamics has completed a $23 million Series B financing round through Carrick Capital Partners.

Cyber Security 60

Cyber Security Analytics Security Capital 60

PYMNTS

NOVEMBER 3, 2017

The November edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, examines the latest efforts by businesses and governments to make faster payments both more widely accessible and secure. And Apple isn’t alone making P2P payments noise. Find the story in the latest edition of the Faster Payments Tracker. .

Trends 125

Trends Apple Cyber Security Analysis 125

PYMNTS

MAY 9, 2016

government’s Cyber Governance Health Check, which offered up the Cyber Security Breaches survey. Also, a new National Cyber Security Center will be established to help support businesses. Roughly two-thirds of large businesses in the U.K. have been victims of that activity. billion ($2.7

Cyber Security 100

Cyber Security Survey Security National 100

PYMNTS

SEPTEMBER 24, 2019

The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades.

Digital Banking 109

Digital Banking NV Cyber Security Innovation 109

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.

Cyber Security 122

Cyber Security Security Cards Resources 122

Matt Wilcox Pro

SEPTEMBER 28, 2020

With National Cyber Security Month upon us in three days, now seems like a good time to revisit the topic of cyber fraud. But rather than focus on the technically proficient cyber-criminal, today I shall focus on people who unwittingly obtain undeserved credits and refunds, aka friendly fraud.

Cyber Security 88

Cyber Security Fraud National US 88

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

AUGUST 30, 2016

The small nation is making a big push in support of FinTech innovation by reforming its payment laws. Singapore’s financial authority said it will look to consolidate exiting legislation related to payment systems, stored value facilities and remittance businesses in order to create a new combined regulatory framework.

Fintech 101

Fintech Cyber Security National Regulation 101

Insights on Business

OCTOBER 24, 2016

I predict that two of the hot topics at Money20/20 will be the availability of immediate or real-time payments and cyber security. While the bank can offer new payment routes and options to their customers, there are new challenges that must be considered and addressed. While much of the focus here in the U.S.

Las Vegas 70

Las Vegas Payments Cyber Security Fraud 70

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Stronger passwords. Paying closer attention to suspicious emails. Using public wi-fi with caution and safeguarding mobile apps. ” The U.S.

Data 202

Data Los Angeles Survey Cyber Security 202

PYMNTS

DECEMBER 2, 2019

“Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as Governance, Banking & Finance, Cyber Security and so on,” wrote Sanjay Dhotre.

blockchain 132

blockchain System Cyber Security Technology 132

SWBC's LenderHub

OCTOBER 30, 2014

As a lender, you are tasked with meeting your borrowers’ needs for convenient online payment processing technology, while still ensuring the platform is secure. Risk Management Loan Payment Technology Fraud/Cyber Security'

Cyber Security 60

Cyber Security Risk Management Fraud Security 60

PYMNTS

SEPTEMBER 17, 2018

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam. ” The Larger Trends.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

MARCH 10, 2020

was first exposed as a nest of cybercrime activity in a now removed Digital Shadows report from 2016, according to ZDNet , and those in-tune with cyber-security issues were not shocked to hear of Firsov’s arrest. He was active on cybercrime forums, advertising Deer.io regularly, the FBI said.

National 134

National Online New York City Cyber Security 134

Payments Source

JANUARY 4, 2019

says the number of guest records exposed in a cyber-security breach is lower than it estimated when it disclosed the attack in November. Marriott International Inc.

Cyber Security 63

Cyber Security Security Data 63

PYMNTS

APRIL 11, 2018

From day one, Bitcoin was marketed to the world as a fast & cheap global payments network. ’s National Cyber Security Centre said that cryptojacking could very well “become a regular source of income for website owners,” CoinDesk reported. And it may not be going away: The U.K.’s

Bitcoin 102

Bitcoin Cyber Security cryptocurrency Report 102

PYMNTS

MAY 23, 2017

Targeted specifically were customers of state lender Sberbank, customers of Alfa Bank and customers of online payments company Qiwi. A BNP Paribas spokeswoman was unable to confirm or deny this information, but added that the bank “has a significant set of measures in place aimed at fighting cyber attacks on a daily basis.”

Cyber Security 101

Cyber Security Mobile Security Software 101

PYMNTS

MAY 24, 2016

– B2B payment trends – how are businesses paying today, and what does this mean for AR? – Network-based payment solutions. – What are companies doing to battle cyber security and avoid fraud? – Advances in cash application – the hybrid model. – Automate and accelerate electronic adoption.

Cyber Security 109

Cyber Security New Jersey User Experience Innovation 109

Payments Source

AUGUST 22, 2018

Account takeover (ATO) fraud currently drives the largest fraud losses at North American financial institutions within digital channels, according to a new report from Aite Group and Early Warning, the bank organization that operates the Zelle payment network brand.

Fraud 92

Fraud Data Mobile Payments 92

PYMNTS

MAY 15, 2018

Microsoft is also integrating its artificial intelligence, voice recognition and cyber security capabilities into the solution. According to reports, all major banks will have access to Wiise, but customers of CBA will have added functionality like invoice and payment services.

Cyber Security 104

Cyber Security Marketing Report Management 104

PYMNTS

JULY 29, 2019

The site noted the findings of the Australian Cyber Security Centre, which found that scammers took off with as much as $700,000, and that one company lost $170,000, the largest amount lost by a single company. The technique remained the same, where SMBs were directed to send goods across fake invoices.

Fraud 138

Fraud Cyber Security Cards Report 138

PYMNTS

JANUARY 29, 2018

“These figures show many organizations still need to act to make sure the personal data they hold is secure and they are prepared for our Data Protection Bill,” he said, adding that the National Cyber Security Centre provides free guidance to companies to help them become GDPR compliant, according to reports in ZDNet.

Cyber Security 112

Cyber Security Survey Security Regulation 112

PYMNTS

DECEMBER 20, 2017

Its CEO, Arjun Jayaram, noted that the solution can be used by any FI for real-time payments and settlement. Reports in BlockchainTribune this week said the government of West Bengal in India is planning to use blockchain to enhance the security of government documents. The distributed ledger platform was developed by Baton Systems.

blockchain 135

blockchain Cyber Security Groups Regulation 135