Danske Bank ignored warnings from Russia’s Central Bank about money laundering and suspicious transactions worth billions through Danske’s Estonian branch, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Security experts have discovered an online, unprotected database that stores the personal data of 80 million American households. Not only does the data on the 24 GB database include people’s full names, street addresses, marital statuses, dates of birth, income brackets, home ownership statuses and...
Police in Singapore helped stop a scam that was targeting users of bitcoin machines at a local mall. 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...
The European Banking Authority is facing calls from the financial regulation head in Europe to improve its money laundering safeguards after opting not to pursue an investigation into the Danske Bank money laundering scandal. Get the Full Story Complete the form to unlock this article...
Cryptocurrencies have had a rough week of it, evidenced by a double-digit percentage drop in bitcoin, arguably the marquee name in the space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A P2P (peer-to-peer) technology ingrained in millions of IoT (Internet of Things) devices, including security cameras, smart doorbells, baby monitors and video recorders, has many security flaws that allow them to be compromised easily, exposing users to dangers from eavesdropping, credential theft and takeovers from...
The U.S. Trade Representative’s Office (USTR) has placed Chinese eCommerce site Pinduoduo.com on a blacklist, along with other sites the organization says are involved in copyright infringement and counterfeiting, according to a report from Reuters. Get the Full Story Complete the form to unlock this...
Two consumer websites have settled with the Federal Trade Commission (FTC) over allegations that they did not secure consumers’ data, allowing hackers to breach both sites. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Back in the golden olden days of print newspapers, bad guys would regularly read the obituaries, then craft a plan to break into houses and steal valuable items during the wake or funeral. But like most analog businesses, this criminal model has gone digital. Get...
