Danske Bank’s chief executive Thomas Borgen is stepping down from Denmark’s largest bank amid a money laundering scandal with its small but profitable Estonian branch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The State Department recently suffered a data breach in which the personal information on a small amount of employees was exposed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Facebook may be under fire for how it handles the data on its more than two billion monthly active users, but the social media company has been trying to get its hands on financial information from the financial services firms for years, reported The Wall...
Danske Bank officials were aware of problems at its Estonian branch earlier than they indicated, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A cyberattack on what’s been described as a “decentralized” token exchange reportedly has led to a $58,000 theft and an illustration of a “shocking security vulnerability.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Government Payment Service, the company that enables online payments for thousands of U.S. state and local governments, has inadvertently made available information on more than 14 million customers from as long as six years ago. Get the Full Story Complete the form to unlock this...
The Federal Trade Commission (FTC) announced that it is sending out more than 430,000 checks totaling more than $10 million to those impacted by Netspend’s prepaid mastercard misleading claims over its reloadable prepaid debit cards. Netspend serves those without a bank, specializing in providing prepaid Visa...
The alleged North Korean hacking of Sony, Bangladesh Banks and other targets stand as some of the most infamous cyberattacks yet experienced. And the recently unsealed criminal complaint against the accused perpetrator offers some clues about the payments flow related to those felonies. Get the...
Altaba, the holding company for Yahoo assets, announced on Monday (Sept. 17) that it has sold the remaining shares of Yahoo Japan. The transaction was completed last week, but the company was restricted in announcing it until Monday. Altaba also said it settled the lawsuits...