PYMNTS

AUGUST 16, 2019

A new Bluetooth security flaw was discovered that could leave users’ data unprotected and open to hackers, The Verge reported on Friday (Aug. The weakness was discovered by researchers who presented their findings at the USENIX Security Symposium.

Security 121

Security San Diego Data Illinois 121

CFPB Monitor

APRIL 6, 2021

The Illinois Department of Financial and Professional Regulation (DFPR) has issued Predatory Loan Prevention Act Frequently Asked Questions (PLPA). The bill containing the PLPA also amended the Illinois Consumer Installment Loan Act (CILA) and the Payday Loan Reform Act (PLRA) to apply this same 36% MAPR cap.). Surrender of license.

Illinois 78

Illinois Regulation Report Lending 78

PYMNTS

JANUARY 17, 2020

Take the issue of retail security as one example. As that happens, retail operators — including some of the biggest and most famous — are turning to AI and putting more faith in the technology to help secure the future. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

AUGUST 14, 2020

With today’s announcement, we want to give our customers even more control over their crypto investments, while offering secure access to cash at the same time,” Thorsten Jaeckel , product manager for Coinbase, wrote on the blog. The maximum loan is $20,000 at 8 percent for one year with no credit check.

Bitcoin 268

Bitcoin North Carolina New Hampshire San Francisco 268

PYMNTS

MAY 22, 2020

Arkansas, Colorado, Illinois and Ohio have warned tens of thousands of residents who have applied online for unemployment benefits due to COVID-19 of possible data breaches that could have exposed names, addresses and Social Security numbers.

Arkansas 133

Arkansas Data Colorado Ohio 133

ABA Community Banking

OCTOBER 1, 2024

Byline Bancorp in Chicago to buy First Security Bancorp, Mifflinburg Bancorp in Pennsylvania to buy Northumberland Bancorp. The post Bank acquisitions announced in Illinois, Pennsylvania appeared first on ABA Banking Journal.

Pennsylvania 52

Pennsylvania Illinois Chicago Security 52

PYMNTS

MARCH 2, 2020

New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. On March 21, retailers doing business in New York State will be faced with a new law regarding data security. He added that his committee is holding a public hearing for feedback on March 16.

NJ 249

NJ New Jersey Regulation Data 249

PYMNTS

JULY 10, 2020

The need for both innovation and security comes at a time when open banking is gaining a foothold in the United States due in part to the pandemic. For instance, he pointed to statewide initiatives in California and Illinois that have focused on biometrics. Regulation Vs. Market Forces. Checks And Balances.

Data 272

Data Innovation Fintech Illinois 272

CFPB Monitor

JUNE 14, 2021

In March 2021, Illinois Governor Pritzker signed into law SB 1792 , which contains the Predatory Loan Prevention Act (the “Act”). The new law became effective immediately upon signing notwithstanding the authority it gives the Illinois Department of Financial and Professional Regulation (“IDFPR”) to adopt rules “consistent with [the] Act.”.

Illinois 78

Illinois Regulation Report Lending 78

CFPB Monitor

JULY 2, 2021

Phil Yannella, Ballard Spahr litigation partner and Practice Leader of Ballard’s Privacy & Data Security Group, recently authored a treatise on data breach and privacy litigation. Ballard Privacy & Data Security Partners Kim Phan and Greg Szewczyk are contributing authors. Despite renewed focus by the U.S.

Data 148

Data Illinois Security California 148

PYMNTS

FEBRUARY 6, 2020

Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods. “Our collaboration with Finrails AP gives business owners more choice, flexibility and security when it comes to making payments.”

Illinois 167

Illinois Chicago Cards Payments 167

PYMNTS

AUGUST 30, 2016

In advance of the 2016 election, state election boards have been strongly warned to tighten up security. The Amber-level warning regarding security levels came after hackers were successful in stealing voter data from one state and failed in another attempt this month. The unsuccessful attempt was aimed at Arizona’s voter information.

Illinois 105

Illinois United States Security Course 105

PYMNTS

DECEMBER 12, 2018

However, with so much sensitive information being transferred with each transaction, the need to keep the data secure has never been greater. In the new Smarter Payments Tracker , PYMNTS explores the latest efforts by banks and businesses to keep payments data secure from fraudsters, cybercriminals and other bad actors.

Report 165

Report Payments Data Illinois 165

PYMNTS

SEPTEMBER 11, 2017

According to a news report in the The New York Post , hackers were able to steal customers’ data — including Social Security numbers — due to a weakness in open source software developed by Apache Software Foundation. In a press release detailing the security breach, the company said hackers potentially exploited a vulnerability in a U.S.

Software 165

Software New York Connecticut Security 165

PYMNTS

AUGUST 8, 2019

It’s not like a Social Security card or credit card number where you can change the number. The issue began in 2015 when some Facebook users in Illinois said that Facebook was violating the state’s Biometric Information Privacy Act. You can’t change your face.”. Facebook said it will continue to appeal. “We

Data 108

Data Illinois San Francisco Google 108

PYMNTS

FEBRUARY 4, 2019

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. Authorities and prison technology companies say this mass biometric surveillance supports prison security and fraud prevention efforts.”. New technology often starts out at the U.S.

Fraud 161

Fraud Illinois Retail Security 161

PYMNTS

SEPTEMBER 22, 2020

Securities and Exchange Commission (SEC) filing per the outlet. In addition, Illinois-based Byline Bank is to shutter 11 offices from the beginning of next year, Banking Exchange reported. The financial institution has just over 2,250 offices, according to a U.S. The bank indicated the decision would save a forecast $4.3

Pennsylvania 210

Pennsylvania Nashville Indiana Tennessee 210

PYMNTS

SEPTEMBER 24, 2019

Just one day ago, it was reported that two Apple iOS 13 users experienced payment security issues when using the tech giant’s newest iteration of its operating system. A woman’s from Illinois. The company added that the issue does not impact Apple’s built-in keyboards, or third-party keyboards that don’t make use of full access.

Apple 158

Apple Data Illinois Cards 158

PYMNTS

JANUARY 4, 2017

Among the new firms on the roster, in alphabetical order: Enrichment Federal Credit Union, First Security Bank of Arkansas, Marion & Polk Schools Credit Union, Merchants Bank of Indiana, Northern Michigan Bank & Trust, Ohnward Bank and Trust, Postel Family Credit Union, River Cities Bank, River Town Bank, Simplicity Credit Union, SouthPoint (..)

Apple 117

Apple Arkansas Indiana Utah 117

PYMNTS

OCTOBER 17, 2018

Rhode Island, Illinois and Pennsylvania state treasurers are also joining the initiative. We have a major security effort at the company that hardens all of our surfaces.” More than 90 million users had to log out of their accounts as a result of the breach, which has been described as a typical measure taken with comprised accounts.

New York City 155

New York City Rhode Island New York social media 155

PYMNTS

JANUARY 8, 2020

The case was prosecuted by Homeland Security Investigations, along with agents of the U.S. Developed by researchers at University of California, San Diego and the University of Illinois Urbana-Champaign, a new app called Bluetana is able to track the presence of the skimmers without having to dismantle any machines.

San Diego 130

San Diego Cards New Jersey Massachusetts 130

PYMNTS

NOVEMBER 20, 2018

The new states enjoying these perks now include Alabama, Arizona, Connecticut, Idaho, Illinois, New Jersey, New Mexico, Oregon, Tennessee, Texas and Utah. The discounts — along with a free Amazon Echo Dot — were first available to Travelers home insurance customers in California, as well as its Quantum Home 2.0

Idaho 139

Idaho Alabama Wisconsin Missouri 139

PYMNTS

JUNE 12, 2017

In March, R3 announced the Illinois Department of Financial and Professional Regulation joined the R3 blockchain consortium. In its involvement, the Illinois regulator will be responsible for working with 80 financial institutions of R3’s membership to build out secure and scalable blockchain-based applications.

Illinois 109

Illinois blockchain Capital Regulation 109

PYMNTS

JANUARY 22, 2020

The state of Illinois is still considering digital disbursements, though innovation remains slow. The department requires parents to input their Social Security numbers and other identifiers to ensure payments are heading to the right people. State and local agencies sent out more than $1.3

Idaho 130

Idaho Illinois Innovation Tennessee 130

PYMNTS

SEPTEMBER 28, 2016

The FTC and the states of Illinois and Ohio said they secured the consumer redress as part of a settlement of charges against One Technologies in Jan. They were also charged with violating the Illinois Consumer Fraud Act and the Ohio Consumer Sales Practices Act. com, FreeScoreOnline.com and ScoreSense.com.

Illinois 100

Illinois Ohio Online Fraud 100

PYMNTS

OCTOBER 23, 2020

Instacart said it would be rolling out the pilot program at more than 60 ALDI locations in Georgia, with plans to expand that to more than 570 stores in Illinois, California, Florida and Pennsylvania in the coming months. But because the EBT program (funded by the U.S.

Online 195

Online Payments Montana Alaska 195

CFPB Monitor

NOVEMBER 12, 2014

The Illinois AG has filed two lawsuits using her Section 1042 authority. In March 2014, the Illinois AG filed a state court lawsuit against a small loan lender alleging violations of the Dodd-Frank UDAAP prohibition as well as state law violations. In April 2014, the defendant removed the case to an Illinois federal court.

Mississippi 100

Mississippi Regulation Illinois Florida 100

PYMNTS

MARCH 25, 2019

Beyond the CFPB, and at the state level in Illinois, a state Senate committee last week voted to approve legislation that would keep state banking regulators from punishing financial institutions, including banks and credit unions, for doing business with medical marijuana enterprises. This is still illegal federally.”

Lending 128

Lending Illinois Compliance Chicago 128

PYMNTS

JULY 7, 2020

the Illinois-based insurance company, said the best offense is a good defense. Also in April, PYMNTS reported incidences of account takeover increased 347 percent while shipping fraud skyrocketed 391 percent, respectively, from 2018 to 2019, and that was before COVID-19 became a household name.

US 175

US Fraud Illinois Washington 175

PYMNTS

MARCH 10, 2020

District Court for the Northern District of Illinois accusing Fifth Third of being fully aware that employees were opening accounts for customers without their knowledge since 2008. . The CFPB filed a complaint with the U.S.

Los Angeles 167

Los Angeles Illinois Meeting Retail 167

PYMNTS

AUGUST 26, 2019

The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. The exchange is already live in California, Washington and Illinois. The firms will be the first registered in Switzerland as broker-dealers with a blockchain focus.

Rhode Island 109

Rhode Island blockchain Bitcoin Montana 109

PYMNTS

MAY 3, 2016

“Since Uber management controls the fares charged for the service, drivers want and need security and protection,” the association said. Now, the San Francisco-based company is facing yet another class-action lawsuit from drivers in Florida and Illinois. ” “For many drivers, this is their livelihood.

New York 100

New York Massachusetts Groups Illinois 100

PYMNTS

AUGUST 23, 2018

Darden said the Cheddar restaurants impacted are located in Alabama, Arizona, Arkansas, Delaware, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, Missouri, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia, and Wisconsin.

Cards 112

Cards South Carolina North Carolina Nebraska 112

Abrigo

MARCH 31, 2020

Key Takeaways The Small Business Administration (SBA) and Treasury Department released information on how lenders can become eligible to originate Paycheck Protection Program loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Independent contractors and self-employed people can begin applying April 10.

How To 195

How To Lending Illinois System 195

PYMNTS

APRIL 30, 2019

States are moving to tighten their biometric privacy laws, following the lead of Illinois, which has what are considered to be the strictest protections in the U.S. But in Meier’s view, the common, mundane phone number can help prevent such scenarios — and otherwise offer secure online transactions that have relatively low friction.

Fraud 161

Fraud Illinois Regulation Online 161

American Banker

OCTOBER 1, 2024

The Chicago-based bank said it would acquire First Security Bancorp in Elmwood Park. The transaction would push it close to $10 billion of assets.

Illinois 45

Illinois Chicago Security Community Bank 45

PYMNTS

DECEMBER 15, 2020

Six weeks after securing passage of the Proposition 22 ballot measure that overturned a California law requiring part-time workers to be reclassified as employees, two of its biggest backers have rolled out new fees to offset expenses related to additional worker benefits.

California 227

California New York Taxes Illinois 227