PYMNTS

DECEMBER 23, 2019

Twenty-one procurement service organizations have been targeted by fraudsters , according to a new report from security firm Anomali and its Threat Research team. Postal Service , according to an indictment by a federal grand jury in Maryland. Canada, Mexico, Sweden, Australia and South Africa.

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PYMNTS

NOVEMBER 26, 2019

Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos. They asked whether the technology could be accessed by foreign entities and whether the technology posed a risk to national security.

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PYMNTS

FEBRUARY 20, 2020

MGM Resorts International, a hotel and casino operator, admitted it had experienced a data breach following a report saying information on 10.6 The resort said it had upgraded its security to make sure a data breach like this one never happens again. million guests was compromised, according to a report by Reuters. .

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PYMNTS

AUGUST 19, 2019

In comments reported earlier this week, cyber insurance security responder Tom Bennett of CFC Underwriting told The Financial Times that that claims surged in June and July. Through that ransomware they have been hijacking companies’ systems and demanding bitcoin payment in exchange for a decryption key. million in the first half of the year.

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PYMNTS

FEBRUARY 25, 2019

A recent partnership in India aims to add further biometric security to the nation’s Aadhaar system. Identity Devices Sweden AB will provide a new biometric privacy platform (BPP) to Aadhaar, essentially adding a new layer of security to its online and offline authentication systems. Deep Dive: Making National IDs Biometric-Friendly.

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PYMNTS

FEBRUARY 11, 2020

Many nongovernmental groups and organizations are working to make them ubiquitous across the country, including the Secure Technology Alliance (STA), a nonprofit industry association dedicated to developing and improving security technologies for a variety of businesses. Privacy, Security and Constant Updates.

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PYMNTS

JANUARY 18, 2019

Smart trash receptacles are already being used to alert sanitation crews where trash collection services are needed, allowing them to adjust their routes and operate in a cost-effective manner. For citizens to engage with these services and trust them, seamless and secure digital identity tools will be essential.

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PYMNTS

AUGUST 23, 2018

In a press release , the restaurant chain operator said it was notified on August 16, 2018, by federal authorities that a legacy point-of-sale system for some of its Cheddar’s Scratch Kitchen restaurants, a brand acquired by Darden last year, may have been compromised via a hack that involves restaurants in 23 states.

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PYMNTS

NOVEMBER 20, 2019

Five senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and video, according to a report by CNBC. Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov.

Data 100

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PYMNTS

MAY 4, 2018

The nation secured significant funding for startups operating in the spaces of logistics and cybersecurity – the two B2B markets that landed the most investment this week. According to Bizongo, packaging is critical to supporting India’s B2B trade operations. National Security Agency chief. But it was one U.S.

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PYMNTS

APRIL 29, 2016

Not only is IoT being used in stadiums to enhance fan experiences through streamlined security programs, customized lighting systems and stronger cellphone reception, but it’s also improving back-end operations like point-of-sale processes and utilities management. Building a field of dreams through IoT. The PYMNTS.com®

Baltimore 100

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Independent Banker

NOVEMBER 30, 2021

Here, a fraudster obtains a legitimate user’s details to take over their online accounts, enabling the theft of money or a credit card, according to Marianne Crowe, vice president in the Secure Payments Innovation and Research group at the Federal Reserve Bank of Boston. Elizabeth Judd is a writer in Maryland.

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Independent Banker

JULY 31, 2022

During the pandemic, the Fed bought up massive numbers of mortgage-backed securities, with banks enjoying unprecedented sales levels and gain on sales margins. The days of people coming in to cash their Social Security checks—those are pretty much gone. You don’t go to school to learn how to become head of deposit operations.

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PYMNTS

JUNE 21, 2019

It was then revealed that the check was not deposited into the company’s bank account, but routed into a Maryland account owned by NRA CFO Wilson H. The AP department, however, had a record of paying ARM. Phillips, Jr. The report claimed that Phillips ultimately embezzled at least $1 million from the company. In The UK, Too.

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PYMNTS

MAY 2, 2016

As Vice President of Facilities for the Maryland Stadium Authority, Jeff Provenzano has seen the rise of the Internet of Things first-hand. IoT technology is also being used to improve the fan experience at the two stadiums by enhancing security and adding new features to the arenas. That was our first real use.”.

Baltimore 100

Baltimore Maryland New York Software 100

Independent Banker

NOVEMBER 30, 2022

As community banks grow, their vendor partnerships usually also do, which can lead to challenges with organization, data security and more. But because each vendor has its own set of contacts, contracts, processes and approaches to data security, the challenges of overseeing third parties mushroom as the number of vendors grows.

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PYMNTS

JUNE 2, 2016

The Baltimore Sun is reporting that the Mars brand, which operates 13 stores across Maryland, will be selling off five of its locations and shuttering the remaining eight. He also worked diligently on the acquisition of Office Depot, and the board appreciates the strong effort he made to secure governmental approval.

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Independent Banker

NOVEMBER 30, 2022

But with these benefits come newfound threats, chiefly in the form of data privacy and security. Super apps create an environment for community banks to emphasize where they excel: in safety, security and banking relationships. and its impact on data security. Colleen Morrison is a writer in Maryland.

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Independent Banker

NOVEMBER 13, 2014

O’Connell wonkily defines the tech concept as how “data flows off of machines to their owners and operators and also third parties.” Perhaps nowhere more could the Internet of Things transform banking more than in systems and data security. Michael Blankenheim is a freelance writer in Maryland. Highlighting Technology Trends'

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Independent Banker

DECEMBER 31, 2022

“Post-purchase is more responsible to offer to cardholders,” says Rebecca Kruse, executive vice president and chief operating officer at ICBA Bancard. “It Address fraud and security. Colleen Morrison is a writer in Maryland. According to “The State of Fraud and Financial Crime in the U.S.,”

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Independent Banker

DECEMBER 13, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. Understand your bank’s IT network and its operations,” says Hamilton. How is it secured? By Ellen Ryan. Advice for others.

Tools 70

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Independent Banker

NOVEMBER 24, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. Understand your bank’s IT network and its operations,” says Hamilton. How is it secured? By Ellen Ryan. Advice for others.

Tools 70

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Independent Banker

FEBRUARY 24, 2016

Tokenization returns to card-security spotlight after smart chips. Now that many community banks have issued credit and debit cards with anti-skimming smart chips, the industry is returning to an earlier focus on another card security measure: tokenization. Elizabeth Judd is a freelance financial writer in Maryland.

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Independent Banker

APRIL 30, 2022

Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. The community bank uses the Entrepreneurial Operating System, commonly known as EOS Traction, to keep departmental efforts aligned. Michael Bartkoski, executive vice president and chief operating officer, NBKC Bank. Allied First Bank, SB. Neighbors Bank.

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Independent Banker

OCTOBER 1, 2022

Bankers at its nine branches in north-central West Virginia and one in western Maryland spend time getting to know each customer and understanding their unique circumstances. One customer that Clear Mountain has secured a BOB loan for is Engine Management Specialist (EMS), a company based in Clarksburg, W.Va., million in funding.

West Virginia 91

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PYMNTS

JUNE 28, 2019

But while the big show is revving up, the race to bring more consumers into the fold is always running, and this week both Amazon and Walmart had some big moves in beefing up (or in Amazon’s case, creating) their in-store pickup operations. So where were the highlights? Speaking of getting others to scramble?

United States 100

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PYMNTS

NOVEMBER 22, 2019

Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan were co-signatories of a letter Wednesday (Nov. 20) with questions as to whether the footage could be accessed by foreign entities, or whether the technology posed a risk to national security.

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PYMNTS

MARCH 28, 2016

doesn’t have to be paved with a 500+ person task force analyzing what the world would look like if we were starting from a clean sheet of paper, competing propositions for who’s going to build and operate a new set of rails, or even what sort of spiffy software can make existing rails faster. The path to faster payments in the U.S.

US 100

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William Mills

SEPTEMBER 12, 2017

I checked out their web site and they are promoting their IOS/Google Play mobile apps (no surprise) and I found this: This website is operated and maintained by Collective Returns, Inc. Helps companies secure email, chat and collaboration platforms communicate with confidence. VERY Cool mobile, user experience. They have raised.83

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Samsung Mobile User Experience Google 70

Fintech Labs Insights

FEBRUARY 26, 2016

Data security company Trusted Knight closed a Series B financing round this week. The Maryland-based company will use the funds to expand sales and marketing efforts and accelerate product development. Klotnia is an industry veteran with 15 years of experience operating and leading businesses.

Technology 12

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Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. Penetration testing, or pen testing for short, has become a staple of bank IT security programs because hacking threats are constantly evolving. Elizabeth Judd.

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PYMNTS

FEBRUARY 27, 2019

Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . Colorado, Idaho, Maryland, Wyoming and Washington, D.C., A reported 3.6

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CFPB Monitor

APRIL 15, 2021

And this fact is creating legal and operational challenges for the banking industry. Unlike the federal stimulus payments provided to individuals and families pursuant to the Coronavirus Aid, Relief and Economic Security Act of 2020 (“CARES Act,” Pub. In the federal government’s ongoing effort to revive the U.S. Law 116-136, 134 Stat.

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New Jersey Payments New York Massachusetts 148

PYMNTS

FEBRUARY 14, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations.

Oregon 230

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PYMNTS

FEBRUARY 13, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations. Cash Dangers.

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PYMNTS

MARCH 19, 2018

The lid is being opened on the black box of Facebook’s data practices, and the picture is not pretty,” said Frank Pasquale, a University of Maryland law professor, in the Reuters report. A spokesperson for Cambridge Analytica denied to CNN it was in violation of the Facebook terms and said it is talking to the social network operator.

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