More consumers returned to shopping in physical stores after the Thanksgiving holiday. Seventy-three percent reported shopping for their holiday purchases in stores in December, up from 71% in November, according to “Digital Economy Payments,” a PYMNTS report based on a survey of 3,070 U.S. consumers....
Binance, a popular cryptocurrency exchange, is under investigation by Pakistan regulators over a multi-million-dollar Ponzi scheme, Dawn reported Friday (Jan. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In the fall of 2021, PYMNTS, working with the Mastercard affiliate Brighertion, interviewed dozens of banking executives to determine how acquiring banks use artificial intelligence (AI) and effective merchant monitoring to combat credit, debit and prepaid card fraud. Get the Full Story Complete the form...
London FinTech Starling Bank has put Meta on notice and said it was boycotting advertising on Facebook and Instagram due to the number of scammers infiltrating its social media platforms, Starling CEO Anne Boden said in her annual letter. Get the Full Story Complete the...
The Federal Bureau of Investigation is warning that people who post their phone numbers online as a point of contact when selling goods, or for other reasons, could be exploited by Google Voice authentication scams. Get the Full Story Complete the form to unlock this...
The Broward Health hospital system has notified over 1.3 million patients that their personal information was exposed in a data breach dating back to Oct. 15. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Online fraudsters have gotten more and more sophisticated, making it tougher or financial institutions (FIs) to tell the difference between customer and scammer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The European Union’s independent data protection authority has identified how data collected during card-based payment transactions can be used to profile customers and, if not handled adequately, can increase the risks of cyberattacks. Get the Full Story Complete the form to unlock this article and...
T-Mobile has confirmed that it was aware of SIM swap attacks affecting what it said was a “very small” number of customers, Bleeping Computer reported Wednesday (Dec. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
