PYMNTS

SEPTEMBER 18, 2018

A cyberattack on what’s been described as a “decentralized” token exchange reportedly has led to a $58,000 theft and an illustration of a “shocking security vulnerability.”. According to a report in The Next Web , hackers flooded the exchange with “one billion fake EOS.” The EOS token is taken as a cryptocurrency in ICO.”.

Security 186

Security cryptocurrency blockchain Bitcoin 186

CFPB Monitor

AUGUST 25, 2022

On August 8, 2022, the District of Columbia Department of Insurance, Securities and Banking (the Department”) issued a Bulletin on money transmission (the “Bulletin”). The court therefore relied on the common definition of the term “money,” namely a “medium of exchange, method of payment or store of value.” Code §26-1001 et seq.,

District of Columbia 78

District of Columbia Security Bitcoin cryptocurrency 78

PYMNTS

OCTOBER 19, 2018

And the farmer who uses drones to help monitor operations – yet may not be able (or might not know how) to take steps needed to secure his or her server – is rendered vulnerable. Despite the advent of chip technology in credit cards, which has improved security, bad actors continually look to circumvent systems in place.

Study 191

Study Security Survey Data 191

Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

JULY 24, 2018

Turns out the debate over whether it is or isn’t a security is having a knock-on effect: It’s making the XRP token’s price less than … well, secure. Rumors that the token can and will be classified as a security here in the States. Rumors that the token can and will be classified as a security here in the States.

Security 101

Security California Bitcoin Taxes 101

PYMNTS

APRIL 25, 2019

Security and the Homesharing Platform. The company also works with several security providers to ensure users’ payments remain safe. Spotahome has also been securing its mobile platform, as younger travelers are growing more comfortable with making bookings and payments on their phones.

Security 100

Security Data Regulation Mobile 100

Cisco

SEPTEMBER 8, 2020

When asked if the current disruption was creating a full plate for the bank, he simply said “It’s not a plate, it’s a buffet” There’s a good bit of positivity in that comment despite the on-going disruption to normal business operations.

Security 64

Security Data Operations Innovation 64

CFPB Monitor

SEPTEMBER 24, 2015

The CFPB has issued a final rule that revises the definitions of “small creditor” and “rural areas” under Regulation Z of the Truth in Lending Act (TILA). Certain provisions apply to small creditors in general, while other provisions apply to small creditors that operate predominantly in rural or undeserved areas. Andreano, Jr.

Operations 60

Operations Regulation Meeting Lending 60

PYMNTS

DECEMBER 23, 2020

News came this week that the United States Securities and Exchange Commission has filed suit against Ripple over its XRP cryptocurrency. billion unregistered securities offering, and named CEO Brad Garlinghouse and Co-Founder Chris Larsen in the suit. billion to fund Ripple’s operations and enrich Larsen and Garlinghouse.”

cryptocurrency 234

cryptocurrency Security Bitcoin Regulation 234

PYMNTS

SEPTEMBER 3, 2020

The property had been operated under the Hilton Hotels & Resorts flag. The spokesman added a “definitive reopening date has not been determined or established and will be impacted by negotiations with our lender, as well as market conditions.”. In an email to the WSJ, a spokesman for the Sunstone Hotel Investors Inc. ,

New York City 345

New York City New York California Report 345

PYMNTS

DECEMBER 12, 2019

Over the last decade or so, the trend in both brick-and-mortar retail and quick-service restaurants (QSRs) has been toward digitizing operations, and opening up for more omnichannel servicing. With knowledge in hand, there is no definitive guidebook on what to do next. However, that blissful ignorance has a short shelf life.

Security 132

Security Fraud Cards Data 132

PYMNTS

JULY 26, 2020

The Securities Commission Malaysia (SC) is planning to expand regulations to encompass digital asset wallet providers, adding to its frameworks that currently address Digital Asset Exchanges (DAX) and Initial Exchange Offering (IEO), the SC announced Thursday (July 23). Meanwhile, in the court case United States v.

Bitcoin 161

Bitcoin Regulation United States Operations 161

PYMNTS

JULY 2, 2020

WhatsApp will be allowed to operate its payments service in Brazil once the company formally seeks permission and shows it can operate in the country without putting customers’ data at risk or violating rules intended to preserve competition, the company’s chief central banker said Thursday, according to Reuters.

social media 232

social media Payments Operations Data 232

FICO

APRIL 7, 2022

This blog discusses another crucial aspect of financial services, which is secure digital banking and the fundamental duty of banks to make customers feel that their assets are safe. Customers expect financial institutions to provide an ample amount of security and protection. Pester Me… But Only When I Want It.

Digital Banking 52

Digital Banking Security Fraud America 52

PYMNTS

JULY 14, 2019

And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported. It directs the Department of Commerce to devise a standard “blockchain” definition. On another note, The U.S.

blockchain 140

blockchain Bitcoin Fraud social media 140

Abrigo

SEPTEMBER 6, 2024

You might also like this webinar, "Tackling operational risks: Strategies for check fraud and ransomware prevention." The investment advisers rule expands the definition of "financial institution" under the Bank Secrecy Act (BSA) to include certain registered investment advisers and exempt reporting advisers.

Compliance 195

Compliance Training Fraud Regulation 195

PYMNTS

JANUARY 8, 2021

Its securities are quoted on the Nasdaq with the ACAMU, ACAMW and ACAM ticker symbols, according to the announcement. The news comes after it was reported in October that CarLotz and Acamar had come to a “definitive business combination agreement” that would transform the pre-owned car behemoth into a public company. “Our

Exercises 200

Exercises Retail Meeting Strategy 200

PYMNTS

NOVEMBER 6, 2020

For nascent eCommerce firms, too, there is a bit of a chicken-and-egg problem when it comes to banking, she added, and in getting operations up and running. This gives additional advantages for day-to-day operations across borders and currencies. . Everything happens in an extremely secure environment,” she said.

Payments 246

Payments Compliance Operations Resources 246

PYMNTS

DECEMBER 14, 2020

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. has entered into a definitive arrangement to sell Cost Plus World Market to Kingswood Capital Management. Riley Securities Inc.

Branding 131

Branding Groups Retail New York 131

PYMNTS

JANUARY 19, 2021

Riley Securities Inc. said in December that it had entered into a definitive deal to sell Cost Plus to Kingswood. Those individuals have expertise in labor and deployment, operations and R&D. Bed Bath & Beyond Inc. Bed Bath & Beyond’s advisers on the arrangement included B. and Bryan Cave Leighton Paisner LLP.

Washington 141

Washington Retail Marketing Operations 141

PYMNTS

JUNE 15, 2017

Security isn’t just about catching the bad guys as they run away with store merchandise. And as part of a network, they can be a key piece in the preventative puzzle, triggering other elements of the security suite to activate. And surveillance isn’t just about identifying bad guys after the fact. and 10:00 a.m.

Fraud 101

Fraud Security Video Retail 101

Bobsguide

JUNE 3, 2022

WWS solves major industry challenges such as improving self-service security or enhancing the retail banking customer experience of digital self-service banking. Q: What can organisations do to improve the security of the ATM ecosystem and enhance the user experience at ATMs?

Innovation 147

Innovation ATM Software Policies 147

PYMNTS

MAY 21, 2020

The tool is already used at numerous agencies, including the Department of Defense, Department of Homeland Security, Department of Commerce, Department of Education, Department of Agriculture and Department of Labor. MicroTech was formed in 2004 and has worked to help customers get the best value for financing their assets.

Tools 141

Tools Analysis Resources Survey 141

Perficient

OCTOBER 6, 2020

Keep your crucial legacy applications secure and reduce costs by migrating them to Microsoft Azure with our Application Migration Accelerator. Most companies accumulate legacy applications over time, leading to issues with compliance, security, increasing support costs, and complex performance management. What It Is. Legacy monoliths.

Strategy 429

Strategy Training Analysis Security 429

PYMNTS

NOVEMBER 6, 2018

The standards put forth by the PCI Security Standards Council – the PCI Data Security Standards – offer a framework for ensuring data security, and they must be followed in order to avoid fines and other penalties. PCI compliance is vitally important for businesses that process credit cards. Gearing up for GDPR.

Data 179

Data Compliance Security eBook 179

BankBazaar

APRIL 11, 2024

Here are the key things you need to know about these new rules: Mandatory Caller ID TRAI has recommended that all telecom operators provide “Calling Name Presentation (CNAP)” as a supplementary service to customers. This means your incoming calls will display the name the number was registered with by default.

Regulation 60

Regulation Operations Mobile Security 60

PYMNTS

AUGUST 21, 2020

We had our drop-off in April, and then come May we saw a very quick rebound, Bryan Petro , chief operating officer of boat rental and charter marketplace GetMyBoat , told PYMNTS. Definitions Of ‘Safety On The Water’. It’s out on the water, in rented boats of every shape and size from kayaks to luxury yachts. “We

Fraud 317

Fraud US Examples Payments 317

Cisco

APRIL 12, 2022

Branches are a valuable component of your brand, a physical and visible symbol of safety and security of your money. Commerce disruptor Amazon has found value in operating physical stores, financial institutions should be able as well. Optimize branch operations. This is where Cisco technology can help. Empower the branch.

America 100

America Customer Experience Operations Survey 100

CFPB Monitor

DECEMBER 2, 2021

As anticipated, the OCC, Federal Reserve Board, and FDIC recently approved and released the Final Rule Requiring Computer-Security Incident Notification (“Final Rule”). The Final Rule is designed to promote early awareness and stop computer security incidents before they become systemic.

Regulation 78

Regulation Report FDIC Security 78

Abrigo

MAY 12, 2022

A personal data breach is a leak/spill of personal data released from a secure location to an untrusted environment. Another type of personal data breach is a security incident in which an individual's sensitive, protected, or confidential data is copied, transmitted, viewed, stolen, or used by an unauthorized individual. we can help.

Fraud 195

Fraud Training Software cryptocurrency 195

PYMNTS

SEPTEMBER 12, 2017

Google just activated Safe Browsing as a default feature for the Google Chrome browser for Android in 2015, so that definitely played a role in the surge in numbers. ” Last fall, a report found that the Safe Browser Service made it easier for websites to fight security issues as soon as they appear. .”

Google 116

Google Security Data Operations 116

CFPB Monitor

JANUARY 25, 2019

The Pennsylvania Department of Banking and Securities (“DoBS”) just released Guidance declaring that virtual currency, “including Bitcoin,” is not considered “money” under the Pennsylvania Money Transmission Business Licensing Law , otherwise known as the Money Transmitter Act (“MTA”). The DoBS focused entirely on the definition of “money.”

Pennsylvania 60

Pennsylvania Security New Hampshire Texas 60

PYMNTS

FEBRUARY 28, 2020

Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. At least two local CUs — First Choice Federal Credit Union and Inspired Federal Credit Union — even filed class-action lawsuits against Wawa for not adhering to best security practices.

Data 131

Data California Security Pennsylvania 131

Celent Banking

OCTOBER 12, 2016

Most cyberattacks succeed because of weaknesses in people, processes, controls and operations. This is the definition of operational risk. Therefore, it makes sense to tackle cyber risk with the same tools you use to manage operational risk.

Risk Management 100

Risk Management Operations Management Security 100

CFPB Monitor

OCTOBER 4, 2022

The CFPB indicated that simultaneously with issuing the Special Edition, but after apparently having already conducted exams based on its interpretation of Dodd Frank , it had updated its Education Loan Examination Procedures regarding the definition of “private education loans” for purposes of its authority to supervise nonbanks.

Policies 146

Policies Compliance Payments Training 146

PYMNTS

APRIL 1, 2020

Debit cards secured with PINs came into wide use in the 1990s, and regional card networks often processed such payments at the time. These larger operators sometimes made deals with card issuers, under which the latter would agree to only route payments over the former’s networks. Online sellers could instead rely on 3D Secure 2.0

Cards 141

Cards Payments Security Fraud 141

PYMNTS

JANUARY 9, 2020

Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities. The biggest obstacle is that the major card networks are setting the standards for how payment networks operate, Martz said.

Fraud 131

Fraud Cards Retail Security 131