PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. The Security Threats Facing ITMs And How FIs Can Protect Them. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

JULY 31, 2020

This week’s look at the latest funding for B2B FinTech and other startups showcases an investor appetite for security, data and business intelligence, with nearly $63.5 Whistic said it would use the investment to grow its staff and scale operations. In a venture capital slowdown, any investment round is a win. million fundraise.

Security 166

Security Data Capital Utah 166

PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. China TransInfo Technology Corp.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

APRIL 9, 2020

A Travelex spokesman told the WSJ that the firm got advice from security experts on how to proceed, and have kept its investors and regulators up to date on the recovery. ” Travelex , whose machines are located in airports worldwide, said they began to reboot some of its operations in January and February.

Report 279

Report Groups Data Cards 279

Perficient

JULY 10, 2020

Achieving these commitments will require clinical, marketing, and operations teams partnering more closely together and in a way they never have before. COVID exposed the fragility of many systems’ operating models: an over-reliance on a small number of services to fund expenses across the enterprise. The $200B question.

US 522

US Marketing Automation Marketing System 522

PYMNTS

DECEMBER 13, 2020

12) emergency meeting of the National Security Council at the White House, Reuters reported. National Security Council spokesman John Ullyot reportedly told Reuters: "The United States government is aware of these reports and we are taking all necessary steps to identify and remedy any possible issues related to this situation.".

US 270

US National United States Security 270

PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. We will introduce data innovation that embeds risk and control elements expected from SWIFT, creating peace of mind for business-critical operations. The new approach promises to create new value-added services to support business growth. “We

Innovation 348

Innovation Payments Compliance Data 348

PYMNTS

MAY 8, 2020

But the biggest round of the week went to a challenger bank, which also secured unicorn status with its latest funding. Hub Security. Cybersecurity startup Hub Security, which targets FinTech, cloud storage and blockchain companies, has raised $5 million in Series A funding from AXA Ventures. Loadshare Networks.

Security 160

Security Fintech Capital Software 160

PYMNTS

JANUARY 20, 2020

Fabara officially joined Visa in September of 2019, coming from Amex, where he was president of its global services group. Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Going on the Offense. More and more, we are going after bad actors with a vengeance.

Security 168

Security Fraud Risk Management Payments 168

Cisco

OCTOBER 4, 2022

In June 2021, following large cyber attacks on the United States and the resulting Executive order on Cyber security, the FFIEC released the largest update in guidance in over a decade to help financial auditors assess financial institutions. Sweeping in scope, the AIO guide is very detailed on guidance for different technologies. In Summary.

Operations 118

Operations Software Risk Management Management 118

PYMNTS

JANUARY 1, 2021

s Competition and Markets Authority (CMA) — chiefly for a new watchdog group — the proposed regulatory regime is intended “harness the full potential of digital markets, driving greater competition and innovation,” according to a CMA statement. The seeming intent across the pond to reign in Big Tech’s scope also is echoed in the U.K.

Regulation 352

Regulation social media Course Apple 352

PYMNTS

MARCH 20, 2020

Just weeks ago there was talk that Chinese-made drones were a threat to American security, but authorities are increasingly looking to them as alternatives to human contact as the coronavirus crisis continues. There are many use cases for drones that can aid the nation,” said Lisa Ellman, the group’s executive director.

California 315

California Apple Policies National 315

PYMNTS

SEPTEMBER 3, 2020

The property had been operated under the Hilton Hotels & Resorts flag. In a filing with the Securities and Exchange Commission last month, Sunstone revealed that it has missed mortgage payments since April. a division of CoStar Group that provides market data on the hotel industry worldwide.

New York City 345

New York City New York California Report 345

Bank Innovation

JANUARY 8, 2020

gas station owners until October of this year to upgrade pumps to accept EMV chip cards, rejecting a deadline extension request from the Merchant Advisory Group. Gas station operators who fail to […]. Visa and Mastercard have given U.S.

Cards 259

Cards Meeting Groups Retail 259

PYMNTS

SEPTEMBER 20, 2020

Ant Group , one of the world’s most valuable startups and pioneer of digital payments in China, may have lost a $439 million bet it made last year, The Wall Street Journal (WSJ) reported. In August, Ant Group reported profits of 9.2 billion yuan ($1.3

Payments 240

Payments Groups Report Survey 240

PYMNTS

MARCH 20, 2020

Malware targeting computers running the Windows 7 operating system were especially hard-hit, rising 125 percent, according to the report. How Emerging Travel Group Is Using AI To Weather Fraud-Related Turbulence. Users who clicked the links would see their computers infected with viruses. About The Playbook.

Industry 225

Industry Fraud social media Security 225

Perficient

MAY 27, 2022

This piece was written in collaboration with Chandni Patel, Director of Financial Services and member of Perficient’s Digital Assets Working Group. 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. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

NOVEMBER 30, 2020

Velo Labs has unveiled a joint effort with Visa and Lightnet Group to build out payment offerings together in Asia, according to an announcement. Velo Labs, Visa and Lightnet Group will work together on payment offerings targeted at serving the micro, small and medium enterprise (MSME) lending market in Asia, the announcement stated.

Lending 197

Lending Groups Capital Security 197

PYMNTS

FEBRUARY 20, 2020

The law seeks to make sure that each group receives the benefits that best apply to their designations. One of the major factors weighed by owners when making that choice is how they will receive payments from guests, which is why it is critical for intermediary platforms to make sure home owners can receive payouts both easily and securely.

Security 161

Security Regulation New Jersey Payments 161

PYMNTS

AUGUST 7, 2020

To address grievances, the central bank will require payment system operators to introduce an online dispute resolution center. Established by the central bank and owned by a group of local lenders, the instant payment system facilitates inter-bank transactions. In addition, as the number of digital transactions rises, so do disputes.

Payments 267

Payments Guidelines National System 267

PYMNTS

OCTOBER 11, 2020

The announcement further states: “As part of the acquisition, Paynetics will provide its new customers with a fast, secure and seamless transition, together with a strategic product roadmap for the future development of these programs, which until now faced the prospect of termination.”. Terms were not disclosed in the announcement.

Operations 264

Operations Cards Software Technology 264

PYMNTS

JULY 5, 2020

The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. s Vision Fund has also met with Facebook Inc. Microsoft Corp. and Amazon.com Inc. ,

Google 264

Google Regional Retail Groups 264

PYMNTS

FEBRUARY 23, 2020

The operation will likely include savings and lending products, and it comes just two years after U.S. customers with high-interest rates for savings accounts, and then lowering its group funding costs that way. Chase has usually not done international operations, preferring to nurture its huge and profitable domestic market.

Digital Banking 255

Digital Banking Lending Regulation Operations 255

PYMNTS

MAY 31, 2019

A cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a data leak exposing vulnerabilities that could potentially be used by criminals, the company said in a report. The company said it contacted the hotel group about the breach.

Management 174

Management Company Data Florida 174

Perficient

JULY 11, 2022

Since Square purchased Afterpay, customers can get an Afterpay card to use with participating retailers that operate with Square, which lets customers use Afterpay for in-store purchases. This illusion of feeling more financially secure than one is that often comes with using BNPL services is where they garner a lot of criticism, however.

Fintech 474

Fintech Trends Apple South Dakota 474

PYMNTS

APRIL 27, 2020

The key groups who will receive these payments include people who aren’t required to file tax returns, such as those who receive Social Security, Supplemental Security Income (SSI) and veterans’ affairs benefits. The latest round of checks under the massive U.S. stimulus program is set to go out in the next few days.

Taxes 257

Taxes Security Payments Tools 257

PYMNTS

MAY 24, 2019

It has also raised concerns among privacy advocates and security experts, with many warning against the dangers of weak security protocols and constant vigilance. Currently, Express Logic operating systems are installed in 6.2 As the use of IoT devices grows, security concerns are continuing to plague the industry.

California 188

California San Francisco Charlotte Security 188

PYMNTS

AUGUST 3, 2020

According to the Financial Times, the ’Ndrangheta group, from Southern Italy, engages in murder, extortion, money laundering and large-scale drug smuggling, and has collaborated in its work with Central American drug cartels. ‘Ndrangheta operates from the Calabria region in Southern Italy.

Regional 362

Regional Online Fintech Report 362

PYMNTS

JULY 30, 2019

The former president of the global services group at American Express will join Visa as its chief risk officer on September 3, according to a press release. He will also be the main contact person for the regulatory agencies tasked with oversight of Visa in the more than 200 countries in which it operates.

Strategy 174

Strategy Operations System Security 174

PYMNTS

SEPTEMBER 18, 2020

Last fall, it raised $250 million from Munich Re Group, the Munich, Germany-based reinsurer, which gave it a valuation of more than $1 billion. Sofya Pogreb , chief operating officer at Next Insurance, told PYMNTS she had a front-row seat to the ways the pandemic impacted small business policyholders. and Redpoint Ventures.

Security 175

Security California Capital Policies 175

PYMNTS

AUGUST 20, 2020

Faster Payments Council Announces Board Advisory Group. Among the FPC Board Advisory Group’s members are Michael Sklow of Goldman Sachs, Judy Nguyen of American Express, Bridget Hall with ACI Worldwide and Connie Theien of the Federal Reserve. This week, the U.S. ” AscendantFX Eyes Payment Tracking With gpi. .

Groups 252

Groups Payments Survey Data 252

PYMNTS

FEBRUARY 21, 2020

It is critical for platforms that serve niche groups to be able to engineer trust, according to Francois de Landes, co-founder and chief operating officer for LGBTQ-focused global travel marketplace misterb&b. The other key factor is security. The Security Factor . Euros, U.S.

Security 225

Security Fraud Examples Payments 225

PYMNTS

OCTOBER 12, 2018

Operating a B2B eCommerce platform for software procurement, G2 Crowd has secured $55 million in Series C funding from IVP, Emergence Capital, Accel and Pritzker Group Venture Capital, according to Demand Gen Report this week. Mission Secure. In the logistics space, Loadsmart announced a $21.6

Software 190

Software Capital Security Virginia 190

PYMNTS

MARCH 26, 2020

The company said it was looking into a “security incident” that involved unauthorized access with a third-party company. Jeffrey Zack, a spokesperson for the company, said there was “no evidence” that the breach had hit the company’s own network, adding that it was “fully operational.” Zack did not say anything beyond that.

Data 171

Data Security Groups Training 171

PYMNTS

MARCH 22, 2019

Thirty-four percent of businesses are using IoT in their operations, according to a recent study, and 70 percent of that group have moved beyond pilot testing to actual adoption. Congress have released rules to help regulate IoT data security. New IoT Security Bill Exposes Rising Concerns Over Data Protection and Safety.

Regulation 189

Regulation Security Data Industry 189

PYMNTS

AUGUST 10, 2020

Meanwhile, several cryptocurrency exchanges are in hot water over reported failures to make sure their user funds are totally secure, according to a report from exchange security firm Taurus Group , CoinDesk reported. Crypto exchanges usually operate through multiple security keys so that no one entity has total control.

Bitcoin 190

Bitcoin cryptocurrency blockchain Security 190

Perficient

NOVEMBER 11, 2020

A bundle is simply a group of products we know should be sold together. Product options with similar characteristics can be grouped together using a product feature. Please refer to the below home security bundle screenshot that has nine product options and four features. Product Bundles. Product features : Optional.

Tools 322

Tools Security Groups Data 322