Jack Henry

MAY 21, 2021

According to data from IBM Security X-Force, one in four attacks remediated as of September 2020 were linked to good old ransomware. Working from home offered another approach vector for threat actors, and new information security threats emerged. 2020 Sets the Stage for 2021. Some of the threats in 2020 weren’t new.

Risk Management 88

Risk Management Trends Security Management 88

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. The initiative will be powered by INFORM’s RiskShield, an advanced risk evaluation solution.

Payments 165

Payments Compliance Fraud User Experience 165

BankInovation

JANUARY 31, 2022

Amala Duggirala joined banking, insurance and investment firm USAA in early January as executive vice president and enterprise chief information officer. Duggirala leads a team of 6,000 that spans technology, data, security and third-party management. She reports to CEO Wayne Peacock.

Security 98

Security Technology Data Management 98

Payments Dive

DECEMBER 12, 2019

As a rising number of consumers use digital payments to conduct ecommerce transactions, businesses need to make sure their mobile apps are secure. Customer identity and payment information is increasingly at risk as fraud actors find new ways to compromise mobile platforms.

Mobile 347

Mobile Security Payments Fraud 347

CFPB Monitor

MAY 22, 2023

On April 24, the Governor of Kansas signed into law Kansas Senate Bill 44 , which enacts the Financial Institutions Information Security Act (the “Act”).

Kansas 78

Kansas Security Company Technology 78

The Paypers

AUGUST 6, 2024

Payments bank Banking Circle has received ISO/IEC 27001:2022 certification for information security management systems.

Security 36

Security System Management Payments 36

PYMNTS

MARCH 10, 2017

In order to keep payments innovation moving quickly and safely, Mark Turnage, CEO of OWL Cybersecurity , said it’s important to ensure information security remains at the forefront of the new products and services being introduced into the market. We are innovating how organizations safely and securely interact with the darknet.

Innovation 136

Innovation Security Payments Apple 136

Abrigo

OCTOBER 22, 2024

They’re using more sophisticated techniques like synthetic identity fraud—where fake identities are built by combining real and fictional information. Growing challenges and complexity Financial crime isn’t what it used to be; cybercriminals are more innovative, faster, and harder to catch.

Security 221

Security Fraud Community National 221

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. The initiative will be powered by INFORM’s RiskShield, an advanced risk evaluation solution.

Payments 130

Payments Compliance Fraud User Experience 130

Abrigo

APRIL 6, 2022

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . Computer-security incident notifications required. Expand and Clarify.

Security 195

Security Regulation District of Columbia United States 195

Bank Innovation

NOVEMBER 6, 2017

The Australian Securities and Investment Commission (ASIC) and the China Securities Regulatory Commission (CSRC) have agreed to share fintech information with the other party. Chinese and Australian regulators are partnering up on fintech.

Regulation 207

Regulation Fintech Regional Trends 207

PYMNTS

SEPTEMBER 27, 2020

Hackers find ways into computers, tablets and cellphones to steal data and other valuable information. Otherwise they risk exposing their corporate information.”. They not only need to fight crime, but collaborate with the customer to ensure security without compromising the user experience.

Security 323

Security Company Fraud Survey 323

Perficient

JANUARY 11, 2021

In the below solution architecture, we will cover data being securely migrated from an on-premise data center to the AWS Cloud. Networking components such as AWS Direct Connect are used to ensure data securely traverses the networking fabric to its destination. contact-form].

Security 421

Security Data Tools Analysis 421

Perficient

MARCH 11, 2021

Cumbersome tasks, like email verifications with registering an account, have been eliminated allowing users to access content across a variety of apps without manually providing personal information. Sign in with Apple takes a strong stance on security and privacy by gaining independence from external identity providers.

User Experience 294

User Experience Apple Security Conference 294

PYMNTS

JUNE 12, 2019

Phone numbers, email addresses, usernames and other online signifiers have become essential to verification as the world becomes more connected. In B2B news, Visa is launching an end-to-end payments network called Visa B2B Connect , which is built on elements of distributed ledger technology and the open-source Hyperledger Fabric framework.

Security 148

Security Millennials Data Retail 148

PYMNTS

DECEMBER 10, 2019

10 that the information they report provides important data for agents, analysts and investigative personnel, according to his prepared remarks. We use the information that you provide to protect our national security, our financial system, our communities, and our families. Blanco told bankers and lawyers at a conference Dec.

Conference 130

Conference National United States Security 130

PYMNTS

OCTOBER 30, 2020

Mastercard has unveiled its artificial intelligence (AI)-fueled Cyber Secure tool suite, which lets banks evaluate cyber risk throughout their ecosystems and stop possible breaches from occurring, according to a Friday (Oct. 30) announcement emailed to PYMNTS. Mastercard said the world faces a $5.2

Cyber Security 297

Cyber Security Security Fraud Tools 297

PYMNTS

AUGUST 5, 2020

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. In fact, it’s becoming more valuable than card information itself.

Security 267

Security Fraud Data Online 267

PYMNTS

DECEMBER 1, 2019

Effective next month, joint customers who continue to use Gusto for payroll will need to manually enter information the API does not support, such as banking and tax details.” ” Gusto, on the other hand, said its decision to request changes on Zenefits’ end stems from security issues.

Security 204

Security Taxes Data Resources 204

Current

AUGUST 5, 2020

Our members' privacy and security is extremely important to us and we want to be sure all our members keep their accounts safe from scammers, who may impersonate Current on social media or any other platform. We will NEVER ask for your phone number, account number or your security codes in any private or public messages on social media.

Security 76

Security social media US Report 76

Payments Dive

NOVEMBER 1, 2023

The amendment to the FTC’s Safeguards Rule would require non-banking financial institutions to report when they discover information impacting at least 500 people has been accessed without authorization.

Report 221

Report Security Data 221

Abrigo

OCTOBER 19, 2023

It’s the time of the year when we celebrate Cybersecurity Awareness Month, a global initiative to raise awareness and educate people about the importance of staying safe and secure online. Cybersecurity Awareness Month is now in its 20th year and has a new enduring theme: Secure Our World. Stay up to date with cybersecurity threats.

Online 221

Online Security Resources Training 221

Bank Innovation

JULY 30, 2018

The reality for many financial services organizations is that modernizing information systems is a project that is often desperately needed but never at the top of the priority list. If the upgrade of a legacy system or even a full migration to an alternative solution was easy, then it would have been done already. In […].

System 244

System Big Data Data Security 244

Abrigo

SEPTEMBER 23, 2024

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. billion records containing highly sensitive personal information. million in 2020, the highest among all industries.

National 195

National Data Fraud Security 195

PYMNTS

NOVEMBER 3, 2020

He recommends a layered approach using all kinds of identity signals — biometrics, device data, user information, etc. Trulioo has seen tremendous advances in the use of biometrics , mobile phone data, metadata and artificial intelligence (AI) to comb through terabytes of information, spot patterns and undercut fraud attempts.

Fraud 301

Fraud Security Tools User Experience 301

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.”.

social media 176

social media Data Conference Report 176

Jack Henry

OCTOBER 1, 2024

Unlock key takeaways from recent cybersecurity attacks to help you reduce the impact of breaches and outages with security awareness, robust incident response, and business continuity.

Security 88

Security Data Fraud Technology 88

PYMNTS

JUNE 6, 2019

Fortune 500 company Tech Data left a server with access to customer and billing data unsecured, and it was compromised by security researchers, according to a report by TechCrunch. Asked if it was going to tell customers about the security lapse, Tech Data didn’t respond to the news outlet about that specifically.

Data 115

Data Samsung Security System 115

CFPB Monitor

JUNE 29, 2023

In its press release , the CFPB calls the matter its “first action addressing unlawful information handling practices in processing mortgage payments.” . The CFPB announced this week that it has entered into a consent order with ACI Worldwide Corp. and one of its subsidiaries, ACI Payments, Inc., in connection with more than 1.4

Payments 78

Payments Security 78

PYMNTS

NOVEMBER 27, 2020

Consumers can be surprisingly finicky these days when it comes to their personal identifiable data (PII), and additional security measures can strengthen trust at a critical time like this. It’s not all super high-tech either, as the humble phone call still plays a key role in proving identity. Taking Authentication To The Streets.

Security 269

Security Study Mobile Data 269

PYMNTS

SEPTEMBER 22, 2017

21) that a glitch on its website may have exposed the personal information of more than 400 of its customers. The report noted that addresses, social insurance numbers and banking information were not among the customer information disclosed due to the glitch.

National 123

National Security Data Software 123

PYMNTS

MAY 2, 2019

Representatives from a number of countries around the world – excluding Russia, China and representatives from technology giant Huawei – met to discuss the security of 5G networks as many countries prepare for deployment of the technology, according to a report by Reuters.

Meeting 171

Meeting Security Cyber Security Technology 171

PYMNTS

FEBRUARY 6, 2020

Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. The proposal is meant to create a legal framework for that process, and to allow the tokens to be sold under current securities laws.

Security 180

Security Regulation Report Company 180

PYMNTS

AUGUST 8, 2019

You can thank the information stolen during data breaches for that, he said: “They essentially were working from an answer key.”. But as the 2020s loom, such a process not only seems cumbersome — who likes filling out all those digital information forms? — The worst-case scenario is asking someone for all their information,” he said.

Security 147

Security Knowledge Base Online Fraud 147

CFPB Monitor

OCTOBER 6, 2016

The memo identified four areas of improvement that, unless addressed, would otherwise hamper the CFPB’s ability to accomplish its strategic objectives: Ensuring an Effective Information Security Program. In the wake of the CFPB’s data security enforcement action against Dwolla, Inc. Maturing the Human Capital Program.

Security 60

Security Management Policies Training 60

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. Securing Open Banking Systems. There were 85.42

Security 240

Security System Fraud Data 240

CFPB Monitor

SEPTEMBER 11, 2018

California is once again poised to set the standard for privacy and data security by enacting the first state law directed at securing Internet of Things (IoT) devices. designed to protect the device and any information contained in it from unauthorized access, destruction, use, modification, or disclosure.

California 68

California Security Data Analysis 68