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10 Lessons from the National Public Data breach for consumers and financial institutions

Abrigo

Critical practices for individuals and organizations to protect their data The National Public Data breach serves as a reminder to all of us that proactive measures are necessary to safeguard our personal information. DOWNLOAD Takeaway 1 The National Public Data breach exposed over 2.7 Encrypt sensitive data.

National 195
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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

PYMNTS

But that national network of body-sculpting palaces is in disarray today, with major chains including Gold’s Gym and 24-Hour Fitness filing for Chapter 11 relief due to the coronavirus pandemic, along with a slew of other operators from privately owned yoga studios to fitness centers. billion visits for the year.”.

Exercises 206
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Bump On The Road To National FinTech Charters?

PYMNTS

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. lakh (roughly $1.6

National 165
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eWallets Don’t Make Money, Says Mandiri Capital Chief

PYMNTS

The CEO of PT Mandiri Capital Indonesia, the venture capital arm of PT Bank Mandiri, said the only way digital payment platforms can ever make money is by acting as a sort of portal into other services, otherwise it’s “just a cash-burning exercise,” according to reports.

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Putting FIs Through Cybersecurity Drills To Prepare For The Next Big One

PYMNTS

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). To protect payments from cyberattacks, FS-ISAC also recommends that companies keep their operations that are connected to initiating payment transactions at a safe distance from the rest of the company’s network. “Do

Exercises 119
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Summer 2020’s Hottest Accessory: The Safety Bubble

PYMNTS

Vermont’s Alpenglow Fitness studio has built bubbles around its exercise bikes so that spin enthusiasts can take their classes while separated by plastic barriers. The resort sells its spa features, nationally ranked golf course and incredibly remote locations to safety-conscious guests. Traveling in a Bubble.

Exercises 192
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How to reduce the regulatory burden on community banks

Abrigo

Curry added, “We have recommended authorizing a basic set of powers that both federal savings associations and national banks can exercise, regardless of their charter, so that savings associations can change business strategies without moving to a different charter.”