Cybersecurity

Cybersecurity
With 80% of Data Breaches Involving Passwords, Their Retirement Cannot Happen Soon Enough
September 28, 2021

Passwords are, in a word, broken. We all know this — and yet we continue to use them almost reflexively. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cybersecurity
SEC Charges Payday Lender Sky Group With $66M Fraud
September 27, 2021

The Securities and Exchange Commission (SEC) has accused a Miami-based payday loan company and its CEO of defrauding its investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Fraud Prevention
Airbnb’s Data Sharing, Rental ‘Blacklist’ Signal Drive to Secure Platforms 
September 23, 2021

The connected economy leads to the (data) sharing economy — which leads to a safer economy, for consumers and especially for platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Fraud Prevention
UK Bank Lobby Group: Fraud Threatens National Security  
September 22, 2021

Increasing incidents of fraud against online shoppers and digital banking newcomers across Britain since the start of the COVID-19 pandemic is “a national security threat” that requires government-backed action, banking industry lobby group UK Finance said, according to a Reuters report Wednesday (Sept. 22).  Get...

Cybersecurity
Synctera Launches Card Issuing, Fraud Protection Services
September 20, 2021

Synctera, which works with partnership banking, has rolled out new programs for card issuing and fraud protection, according to Finextra. The programs are called Synctera Card and Synctera Fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cybersecurity
Unraveling Opaque Web Of Corporate Ownership Helps FIs Expand Business Opportunities
September 20, 2021

It is getting harder for financial institutions to win what seems to be the endless war on financial crime. Incidences of money laundering, corruption continue to go unchecked, and one needs to look no further than the huge fines financial institutions (FIs) are hit with...

Cybersecurity
US Investigation of Binance Widens to Include Alleged Market Manipulation
September 19, 2021

The U.S. investigation into crypto exchange Binance has expanded to include possible insider trading and market manipulation, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Cybersecurity
SushiSwap Crypto Platform Victimized by $3M Hack
September 17, 2021

SushiSwap Chief Technology Officer Joseph Delong said in a Twitter thread Friday (Sept. 17) the community-based decentralized finance (DeFi) company’s Minimal Initial SushiSwap Offering (MISO) platform fell victim to a software supply chain attack, according to an Ars Technica report. Get the Full Story Complete...

Fraud Prevention
Deep Dive: How AI- and ML-Powered Analysis Can Improve Fraud Detection and Investigation
September 17, 2021

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...