Tim Sloan, Wells Fargo’s chief executive officer, believes the embattled bank will recover the growth it lost from its fake account scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In what may be South Africa’s largest data breach, hackers may have gotten away with extensive personal information, including ID numbers, income, marital status, employment details and property ownership information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
According to Paysafe research, nearly 60 percent of Americans feel that becoming victims of fraud is inevitable when shopping online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Saying that payments and their security have reached a “critical juncture,” the U.S. Federal Reserve will be scaling up its focus on payment security and the new technologies that drive it, Federal Reserve board governor Jerome Powell said on Wednesday. Get the Full Story Complete the...
The Federal Trade Commission (FTC) announced Tuesday (Oct. 17) it had obtained a $4.1 million judgment and a ban on a payday lender. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Malware designed to compromise and empty ATMs has been discovered for sale on the darknet, according to news from Securelist, the online headquarters of Kaspersky Lab security experts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Feedzai, an artificial intelligence (AI)-based fraud prevention company focused on helping enterprises manage risk and fight fraud in real time, announced Tuesday (Oct. 17) it had raised $50 million in funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Adobe Systems has warned its users that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
We Heart It, the image sharing website, disclosed late last week that there was a potential cybersecurity breach that may have impacted more than 8 million accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...