A South Korean court slapped three Samsung Electronics executives with jail sentences Monday (Dec. 9) for evidence tampering during an accounting fraud investigation, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Everything has a price. And the price for a richer consumer experience online and via mobile — one of the defining trends of payments and commerce in 2019, and probably well into the 2020s — is that the code that creates those experiences often leave opening...
The Federal Trade Commission (FTC) found on Friday (Dec. 6) that British political consulting firm Cambridge Analytica lied to people about the data it was collecting from Facebook, and that it used it to profile and target voters, according to a report by Reuters. Get...
As suspicions surrounding the app’s ties to China continue to increase, TikTok chief Alex Zhu will meet with legislators in Washington, D.C. next week. U.S. Sen. Marsha Blackburn (R-Tenn.), who has been an outspoken critic of the tech industry and especially TikTok, will meet with...
Call it Russian interference of a different sort that netted $100 million from banks and financial institutions (FIs) in more than 40 countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Computing and security company Instart has released a new product meant to fight against the practice of eSkimming, which is when criminals scan websites for personal information entered into forms online. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The PCI Security Standards Council has issued a new data security standard that will allow vendors to provide merchants with tap-and-go payment solutions that have been developed and lab-tested to protect payment data. Get the Full Story Complete the form to unlock this article and...
The Better Business Bureau (BBB) has a warning for the public: When an offer appears too good to be true, that is probably the case. One scheme that fits this description is reshipping fraud, a type of scam that often lures in unsuspecting participants by...
The Federal Bureau of Investigation (FBI) has issued a warning about mobile apps developed in Russia, saying they could be a “potential counterintelligence threat.” The revelation was made when the agency addressed questions about face-editing photo app FaceApp, which was developed by St. Petersburg-based Wireless...
