PYMNTS

JUNE 17, 2019

Promising as intelligence of things (IoT) solutions are, though, security has been a stumbling block. The June IoT Tracker explores the latest advancements in IoT security and new applications of smart technology. According to the tracker, the global IoT security market is expected to increase by a 35.5

Security 174

Security California Survey Software 174

PYMNTS

JANUARY 15, 2021

In the inaugural QR Code Payments Tracker® , PYMNTS explores the latest in the world of QR codes, including new implementations at retailers and payment providers, the security concerns facing this payment method, and the pandemic’s effect on the development and rollout of QR code-enabled payment options.

Retail 207

Retail Security Payments United States 207

Abrigo

FEBRUARY 27, 2025

Key topics covered in this post: What wire fraud is 8 strategies for preventing wire fraud How to strengthen financial security Wire fraud: What it is and how to prevent it Wire fraud remains one of the most prevalent financial crimes, costing businesses and individuals billions each year.

Fraud 195

Fraud How To Strategy Security 195

PYMNTS

NOVEMBER 13, 2020

The telecommunications industry is but one of many sectors looking to more securely verify customers and avoid fraud, which remains a growing problem. One study found that these apps will outnumber phy sical identity cards by 2023, with this trend being driven largely by national ID programs in emerging markets. More than 6.2

Fraud 242

Fraud US Mobile Study 242

PYMNTS

JUNE 16, 2020

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat. However, he noted that the move could negatively impact morale at DHS.

US 227

US Cyber Security Security National 227

PYMNTS

DECEMBER 14, 2020

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.

Google 192

Google Security Washington Risk Management 192

PYMNTS

JUNE 13, 2019

It’s undeniably advantageous to the world economy, with a recent study finding that national digital ID systems could induce GDP growth of up to 13 percent. The Drawbacks of Complex Security. AI Solutions for Balancing Security and Convenience. Blockchain-Based Security Methods.

Security 129

Security blockchain United States San Francisco 129

PYMNTS

JANUARY 26, 2020

He added that “central banks were planning experiments with digital money and that the issue would be studied by the Eurosystem eurozone central banks.”. Asked whether such digital money could be issued by private companies, Villeroy said that “currency cannot be private, money is a public good of sovereignty.”.

Study 251

Study cryptocurrency Groups National 251

PYMNTS

OCTOBER 14, 2020

Using RippleNet, Ripple's global payment network, the partnership will take advantage of the ripe market for cross-border payments, which a July Juniper Research study said will be worth $35 trillion by 2022, the release stated. The firm has also worked with the National Bank of Fujairah PJSC (NBF) in order to enable them.

Payments 286

Payments blockchain Regional America 286

PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

National 133

National Training Bitcoin Samsung 133

PYMNTS

JULY 4, 2017

Hackers are on the lookout for new ways to attack, and now it looks like developing nations may be a favored conduit. Here’s a study in contrasts: U.S. Those countries have high-speed Internet, widespread Internet penetration and not a lot of security infrastructure in place We see a pattern among the attackers.

National 112

National United States New York Study 112

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. Several nations around the world are reconsidering their approach to security and national identity systems. News From the Digital ID Space.

Security 110

Security Report National Millennials 110

PYMNTS

JUNE 29, 2020

In April, a joint study by the U.S. Cybersecurity and Infrastructure Security Agency and Britain’s National Cyber Security Centre found a wave of cyberattacks taking advantage of COVID-19 in the U.S. As of March 2017, the Justice Department said there were 10,901 registered members of the group which perpetrated $2.2

Nevada 201

Nevada Cyber Security Study Security 201

PYMNTS

NOVEMBER 23, 2020

A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all varying in terms of what type of information they protect and the severity of their restrictions. One recent study found that 4.5 million U.K.

Industry 298

Industry Regulation Data Study 298

PYMNTS

JULY 9, 2020

A new rule from the United Nations will require connected cars sold in Japan, South Korea and the European Union, among other places, to be protected against cyberattacks, The Wall Street Journal (WSJ) reported. The increase is partially due to regulatory requirements, according to a study by consulting firm McKinsey and Co.

Security 146

Security United States Guidelines Texas 146

PYMNTS

DECEMBER 12, 2019

Shrink costs retailers about $51 billion each year, according to a report from the National Retail Federation (NRF). The habit-forming characteristics of opioids, combined with quicker ways to unload stolen merchandise, have likely led to grittier thieves that can get around retailers’ security systems. stores, said. “We

Retail 201

Retail Atlanta Study New York 201

PYMNTS

DECEMBER 8, 2020

A study found that more than 56 percent of cryptocurrency exchanges have weak or nonexistent KYC systems which are not effective at preventing money laundering. Some exchanges even deliberately avoid having KYC systems by obfuscating their country of origin to make it harder for regulators to impose national compliance guidelines.

cryptocurrency 261

cryptocurrency Mobile Compliance Analysis 261

PYMNTS

SEPTEMBER 12, 2018

But conducting business on connected devices is also creating new security gaps for fraudsters and other bad actors to exploit, wreaking havoc on customers and companies alike. The company exposed consumers’ full names, birthdates, addresses, Social Security numbers and even some 250,000 credit card account numbers.

Security 100

Security Study Report Data 100

PYMNTS

OCTOBER 14, 2020

Using digital push payments can also help add security to B2B transactions, thanks to the cybersecurity measures that can be grafted into these processes. One PYMNTS study found that offering such capabilities can actually impact businesses’ loyalty, for example. Deep Dive: How Paper Checks’ Treasury Dominance Is Crippling Businesses.

Payments 257

Payments Trends Study Tennessee 257

Abrigo

DECEMBER 10, 2019

ABA study shows banks are reporting more cases of EFE. According to the National Council on Aging (NCOA) this heartless crime is most likely under-reported due to the victims’ fear, shame and embarrassment. What the ABA study determined is that financial institutions of all sizes continue to focus on elder fraud prevention.

Fraud 284

Fraud Study United States Training 284

PYMNTS

OCTOBER 9, 2020

Attorney General William Barr said that while cryptocurrency could fundamentally transform how human beings interact and how we organize society, “ensuring that use of this technology is safe and does not imperil our public safety or our national security is vitally important to America and its allies.”. A Slew of Problems.

cryptocurrency 205

cryptocurrency Bitcoin US Security 205

PYMNTS

JANUARY 4, 2019

A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports. Cryptocurrency, however, is more than just an asset that stores value.

cryptocurrency 163

cryptocurrency New York New York City Study 163

PYMNTS

NOVEMBER 7, 2016

Power plants, electrical grids and telecommunications networks, constructed before the threat of cyberattacks, are at risk from nation-states, terrorists and organized cybercrime. Security patches for these systems are either unavailable or left unused. Security experts don’t believe America is ready for a cyberattack.

Security 202

Security Strategy Mobile System 202

Perficient

FEBRUARY 16, 2022

Over the last 90 days, we have let clients know about the federal banking regulators planned cryptocurrency road map , explained what steps national banks need to take to begin crypto activities , provided thoughts on the possibility of a U.S. Framework 2: Security holdings. Framework 3: Two-tiered intermediation.

New York 294

New York cryptocurrency Security FDIC 294

PYMNTS

SEPTEMBER 6, 2019

Australia, Malaysia, Thailand and the United Kingdom are just a handful of nations that are exploring the benefits, ranging from opt-in programs designed to help citizens access financial and governmental services to compulsory ID solutions meant to serve as virtual ID cards.

National 179

National Study Digital Banking Trends 179

PYMNTS

MARCH 19, 2020

Phone scammers claiming to be from the Centers for Disease Control and Prevention (CDC) are saying they have a vaccine to cure the coronavirus (COVID-19), and are asking for credit card and Social Security numbers from unsuspecting victims to reserve it, according to a report by The Verge. Do not fall prey!” Fauci, M.D.

Ohio 187

Ohio Seattle Payments California 187

PYMNTS

SEPTEMBER 23, 2020

A recent study from PwC found that 47 percent of companies had experienced fraud at least once in the past two years, with a grand total of $42 billion in funds stolen over this period of time. Large investments in security measures are necessary for banks to protect themselves and their customers from this menace. billion ($8.9

Technology 208

Technology Report Fraud Study 208

PYMNTS

JANUARY 4, 2019

As reported in Quartz and other media outlets, the government has said that there remains an “absence of a globally acceptable solution and the need to devise a technically feasible solution” … and it all warrants “further study.”. Study and study and tread carefully, it seems. One cue might come from the U.S.

cryptocurrency 139

cryptocurrency Study National Course 139

PYMNTS

DECEMBER 11, 2020

As the new Digital Identity Tracker® states, “about 40 million bank customers in Thailand are expected to register for digital identity authentication under the country’s National Digital ID (NDID) program, which was recently expanded to more financial service providers.

Video 204

Video Security National Digital Banking 204

PYMNTS

JANUARY 8, 2020

Facial authentication and cloud-based subscription services are particularly popular, with applications ranging from unlocking personal smartphones to providing secure access to top-secret government facilities. A multitude of security issues continue to plague the space, however, despite this optimistic future of digital identity.

Fraud 169

Fraud Cards Security National 169

PYMNTS

NOVEMBER 9, 2016

The report addresses drivers for innovation, the need for omnichannel retailing, as well as payment security and consumer trust. According to the study, SMBs are losing all that money each year via cash payments. The stats we’ve seen come out of this study are part of a wider trend. We know that cash is in decline.”.

Report 176

Report Study Trends Innovation 176

PYMNTS

NOVEMBER 29, 2018

What’s more, recently released studies have shown that employees are becoming less wary of their companies’ IoT plans, which could fuel growth, while service providers are also encouraging companies to engage in new IoT solutions. These concerns aren’t unfounded, either. government, meanwhile, is rallying to promote better cybersecurity.

Trends 173

Trends Security Study California 173

PYMNTS

APRIL 8, 2020

According to a joint study published Wednesday (April 8) by the U.S. As the coronavirus pandemic continues to roil the U.S. and the U.K., a wave of new cyberattacks appears to be taking advantage of the situation in both countries, according to a Reuters report.

Cyber Security 173

Cyber Security US Fraud Security 173

PYMNTS

MARCH 23, 2016

Automaker General Motors is using feedback from the public on potential security risks to better understand its vulnerabilities and build up its cybersecurity initiatives. As the technology used to help make vehicles more connected and essentially “smarter,” so have the oncoming threats to the safety and security from cybercriminals.

Security 100

Security Report System Study 100

PYMNTS

JANUARY 24, 2019

In addition to urging government action to enhance cybersecurity (including the recommendation that the European Union (EU) public procurement directive should include a chapter on how to secure and safeguard public procurements), the report urges governments to introduce cybersecurity requirements in their IT procurement practices.

Analysis 154

Analysis Security National Strategy 154

Bank Innovation

SEPTEMBER 28, 2018

Power's annual National Banking Satisfaction Study, beating last year's winner PNC Bank by a few points, but the rest of the contenders stayed in the same place as last year. JPMorgan Chase took the number one spot in customer service in J.D.

UX 150

UX Report Study National 150

PYMNTS

SEPTEMBER 24, 2020

Social Security numbers. billion in losses in 2019, according to a recent study, although it has declined from $20 billion in 2013. A major factor in this decline has been the rise of improved authentication and security systems at banks like Axis. It’s like the Social Security number in the U.S.,” Shetty explained.

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Video Fraud Digital Banking System 205