Bank Innovation

JUNE 12, 2018

The Department of Housing and Urban Development’s investigation into data usage at Facebook related to housing and financial services advertising appears to continue, despite signs that it had been halted earlier this year.

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social media Data Company Operations 207

PYMNTS

JUNE 23, 2020

The German Federal Court has ordered Facebook to comply with an order from the country’s antitrust regulator and stop data collection of users in the country, Reuters reported Tuesday (June 23). Securities and Exchange Commission. The ruling is a setback for the U.S.

Data 209

Data social media Regulation Maine 209

PYMNTS

FEBRUARY 5, 2020

As we know, mostly anonymous corporations have been collecting consumer data online for years, usually without explicit permission, selling it or using it for ad retargeting and personalization. Then, there are the huge data breaches that just keep happening, increasingly to companies with high levels of consumer trust.

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Google Data Regulation social media 288

PYMNTS

AUGUST 20, 2020

The news site attributed information about the data exposure to researcher Bob Diachenko of security firm Comparitech. 19) report on news site Information Security stated, in part: “Diachenko first contacted Deep Social using the email address listed on its website to disclose the exposure. A Wednesday (Aug.

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social media Data Security Operations 285

PYMNTS

DECEMBER 16, 2018

Facebook , the beleaguered social media giant that is facing intense scrutiny into its business practices, could be on the hook for a multibillion dollar fine, reported CNN. It confirmed to CNN late last week that it started a “statutory” inquiry into the social media giant after it received several reports of data breaches.

Data 202

Data social media Regulation Report 202

PYMNTS

JANUARY 25, 2019

The General Data Protection Regulation (GDPR), which went into effect May of 2018, has had some serious repercussions on tech companies all over Europe, but especially in the U.K. data protection watchdog is looking into the company after it reported “limited fraudulent activity” on some customers’ accounts.

Data 178

Data Security social media Fraud 178

PYMNTS

AUGUST 19, 2019

A draft executive order from the White House might lay out how Big Tech firms curate and present their data. In addition, the draft order, which is titled “Protecting Americans from Online Censorship,” claims the White House has received more than 15,000 complaints tied to social media firms’ alleged censure of political discourse.

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social media Regulation Lending Compliance 128

PYMNTS

NOVEMBER 12, 2018

Nordstrom has suffered a data breach that exposed employee names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more. Social media posts show that some former employees, who left the company months ago, have also received notification letters.

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Data social media Seattle Security 188

Bank Innovation

JUNE 14, 2018

Royal Bank of Canada and Facebook today offered differing versions of why the social media company continued to give the bank extraordinary access to customer data after Facebook said publicly that it would stop doing so.

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social media Data Payments Company 186

PYMNTS

JANUARY 25, 2019

The Irish Data Protection Commissioner (DPC) is Twitter’s lead regulator in the European Union. 25), the DPC said it was again looking into the social media giant because of another breach notification it received from the company, according to a report from Reuters. On Friday (Jan.

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Data social media Survey Compliance 190

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. Elsewhere in the space, FIs are seemingly more focused on social media integrations.

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Fraud social media Data Trends 178

PYMNTS

DECEMBER 31, 2018

So far this year (and there’s still one more day), Verizon reported that there have been 2,216 confirmed data breaches across 65 countries. Facebook’s 2018 regarding the stewardship of user data and privacy was one it would like to soon forget. We have a major security effort at the company that hardens all of our surfaces.”.

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Data Security Tools Cards 230

Bank Innovation

APRIL 17, 2017

According to a report by DataVisor– a big data security analytics provider– fraudsters are most active on social media platforms (no surprise there), and have to launch thousands of attacks on the platform in order to make a […].

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social media Big Data Fraud Analytics 191

Abrigo

OCTOBER 19, 2023

DOWNLOAD Takeaway 1 Cybersecurity Awareness Month, in its 20th year, highlights the shared responsibility of everyone to safeguard their digital data and assets. Takeaway 2 The sensitive data and transactions financial institutions handle and the constant threats of cyberattacks make cybersecurity measures and education critical.

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Online Security Resources Training 221

PYMNTS

JANUARY 3, 2019

You can be sure that one area of regression involves social media. New research, in fact, supports that idea — specifically, the high value that consumers attach to Facebook , and the high cost it would take to make them leave the social media platform. But that doesn’t mean consumers plan to leave Facebook anytime soon.

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social media Study San Francisco Data 186

Perficient

JUNE 7, 2023

Positives (Or Less Negative Than Before) Unrealized losses on held-to-maturity securities totaled $284.0 Unrealized losses on available-for-sale securities totaled $231.6 Uses social media and market sentiment analytics to assess market sentiment and generate prescriptive insights on threats to brand reputation.

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social media FDIC Analysis System 221

PYMNTS

OCTOBER 25, 2018

after the Information Commissioner’s Office ( ICO ) ruled that the social media network operator was engaged in “serious breaches of data protection.” The data, which was processed from 2007 through 2014, was accessible to developers of third-party vendors without the Facebook users providing consent.

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social media Data Security Report 134

PYMNTS

SEPTEMBER 30, 2018

Facebook could get hit with a massive EU fine by a European Union privacy watchdog after the company announced on Friday (Sept 28) it had suffered a Facebook data breach that compromised the accounts of more than 50 million users. billion if regulators find the company violated the bloc’s strict new data privacy law.

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Data social media Regulation Conference 181

South State Correspondent

AUGUST 1, 2022

When it comes to future success in data management in banking, the same rules apply. Your strength is your data, and your success comes from defending your data and applying your data at various angles – to credit, fraud, marketing, and understanding both your employees and customers. Data Is Expensive.

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Data Tools Management Analytics 195

PYMNTS

JUNE 13, 2019

Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims. All this, Today In Data. 22 billion: Projected over-the-top (OTT) media revenue for 2019.

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Security Tools social media cryptocurrency 139

PYMNTS

OCTOBER 18, 2018

First Data’s 2018 Consumer Cybersecurity Study is based on data from 1,767 U.S. consumers among four age groups: Linksters (ages 18-23), Socializers (24-34), the MTV Generation (35-54), and Maturists (55+).

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Data social media Study Security 160

PYMNTS

AUGUST 14, 2019

Thompson , who has been accused of hacking into Capital One ’s cloud and compromising the data of 100 million people, may have also hacked into upwards of 30 other companies, according to a Bloomberg report. The government found “multiple terabytes” of stolen data from other countries, educational entities and institutions.

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Company Data social media Capital 188

PYMNTS

DECEMBER 16, 2020

The December Mobile Order-Ahead Tracker ® explores the latest digital ordering developments, including how restaurants can apply the lessons they have learned in 2020 to the post-pandemic world, the tools and technologies used to fight fraud, and fraudsters’ latest schemes to make off with customers’ cash, rewards points and valuable personal data.

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Fraud social media Mobile Trends 310

PYMNTS

FEBRUARY 19, 2019

The Federal Trade Commission ( FTC ) has received a complaint against Facebook that alleges the social media giant wrongfully disclosed information on members of closed groups. Facebook then leaked to the public health data that those patients uploaded. Facebook has marketed this product as a Personal Health Record.

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Groups Data social media Security 151

PYMNTS

NOVEMBER 16, 2020

Cybercriminals have sought to exploit philanthropic giving, consumer and small business stimulus payments, unemployment benefits and even the acquisition of personal protective equipment (PPE) as ways to leverage compromised data, steal money and make fraudulent purchases. At The Consumer Level.

Fraud 295

Fraud Strategy social media United States 295

PYMNTS

DECEMBER 15, 2020

Mailing is a huge problem, data quality is a core problem and there are statistics out there that say [improper addressing] costs U.S. Mailing is a huge problem, data quality is a core problem and there are statistics out there that say [improper addressing] costs U.S. That's no joke.”. Errors Are A Widespread Problem.

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Data social media cryptocurrency Maine 183

PYMNTS

DECEMBER 18, 2018

According to a report in Reuters , citing a blog post by Twitter , the social media company said it discovered the traffic to a customer support forum while looking into a security hole that makes user data, such as phone country codes, accessible to hackers. Twitter said it fixed that security vulnerability on Nov.

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social media cryptocurrency Security Bitcoin 148

PYMNTS

JUNE 29, 2020

Around the Data Protection World. This change has prompted more compliance-related questions from SMBs, however, and ePayments provider Ingenico has crafted an SCA suite that leverages online security protocols to assist firms with following the requirements. however, notably SCA.

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How To Payments Management social media 239

PYMNTS

JUNE 24, 2020

The bank said the decision was to “preserve an adequate competitive environment that ensures the functioning of a payment system that’s interchangeable, fast, secure, transparent, open and cheap,” Bloomberg reported. The Central Bank’s decision is a setback for the social media giant.

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Payments social media System Regulation 282

PYMNTS

APRIL 22, 2020

Banks must enable fast and seamless onboarding experiences, but these processes should also be secure. FIs do not really have the choice to make onboarding’s security procedures less stringent, however. Data and Authentication Frustrations.

Security 133

Security Data Fraud Tools 133

PYMNTS

JANUARY 28, 2020

Secure payments provider PCI Pal launched a new digital service on Tuesday (Jan. 28) that will let organizations offer ultra-secure payments across a multitude of channels, from social media to email and everything in between. Using the service, customers will be able to pay securely through any channel.

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Security Payments social media California 141

PYMNTS

SEPTEMBER 18, 2018

Facebook may be under fire for how it handles the data on its more than two billion monthly active users, but the social media company has been trying to get its hands on financial information from the financial services firms for years, reported The Wall Street Journal. That has been and always will be our priority.”.

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social media Data Conference Report 176

PYMNTS

DECEMBER 31, 2019

It’s kind of like being on the “worst dressed list” except that we’re talking about stolen data and, probably, lots of lawsuits. Welcome, then, to the Top Data Breaches of 2019. In data coming into the end of the year, Risk Based Security said hackers had accessed 7.9 The readings are pretty grim. Thousands of breaches.

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Data social media Security Report 145

PYMNTS

MAY 16, 2019

Across the European Union (EU), technology providers and social media platforms are increasingly playing a bigger role in the Open Banking ecosystem. At the same time, however, many players, like Facebook and Google , are squaring off against regulators that are looking at their data and payment policies with more scrutiny.

social media 161

social media Compliance Data Innovation 161

PYMNTS

MARCH 8, 2019

Twitter isn’t the only social media site looking to boost its privacy measures. The social media giant has been under fire since it was revealed that the site was used to gather details on as many as 87 million users, and the data was then shared with Cambridge Analytica , a U.K.

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social media Tools Report Data 156

PYMNTS

OCTOBER 15, 2020

Social media saw a deluge of complaints about the attacks, Bloomberg reported. In response to the attack, this week the company sent emails to users advising them to turn on two-factor authentication to help protect their finances, and it plans to send out more security advice in the near future, according to Bloomberg.

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Report social media Fraud Tools 276

PYMNTS

NOVEMBER 26, 2020

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . A silver lining exists, however. It also outlines some of the frictions entities face when doing so. .

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Security social media Retail Fraud 174