The 2017 Equifax data hack affecting more than 143 million people worldwide will cost the company about $700 million. 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...
A former Microsoft engineer named Volodymyr Kvashuk was arrested and charged with mail fraud for allegedly stealing millions in digital money from Microsoft, according to the Department of Justice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
US Treasury Secretary Steven Mnuchin said his department will use “very, very strong” regulations to ensure that bitcoin and other cryptocurrencies don’t become “the equivalent of Swiss-numbered bank accounts.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Trust is important for all of payment, commerce and financial services – it is more or less the glue that holds transactions together. Without foundations of trust, no transaction can get off the runway. Get the Full Story Complete the form to unlock this article...
The Consumer Financial Protection Bureau (CFPB) is urging financial institutions to report any suspicions they may have about financial exploitation of elderly people, the organization said in a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Clinical Pathology Laboratories (CPL) is the latest victim of a data security breach at the billing collections service American Medical Collection Agency (AMCA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A security lapse at a hotel management startup has exposed hotel bookings and guests’ personal information. 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...
The finance minister in Bulgaria admitted that a hacker stole millions of people’s data, and that almost every taxpaying adult in the country was affected, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by CNBC. Shares fell on the news. Get the Full Story Complete the form to unlock this article and enjoy unlimited...