According to a report from the Consumer Financial Protection Bureau’s internal inspector, the CFPB must do more to strengthen its protections against hacking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Equifax hack continues to hit those impacted, with new research finding that consumers will have to shell out a collective $4.1 billion to freeze their credit reports and prevent fraudsters from using their leaked personal information. Get the Full Story Complete the form to...
Trulioo, the global identification company, announced news on Wednesday (Oct. 4) that it launched its Global Business Verification solution aimed at providing a low-cost way to conduct due diligence on businesses around the world. Get the Full Story Complete the form to unlock this article...
Yahoo announced that it now believes a 2013 security breach exposed all 3 billion of its users at the time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In an age ever swelling with data breaches, reacting to fraud is not enough. Mastercard is rolling out its Early Detection System geared toward giving issuers advanced alerts on cards and accounts that may be at risk. Being proactive is now the name of the...
Ahead of Equifax’s former Chief Executive Richard Smith’s testimony to Congress, the embattled credit scoring company said an additional 2.5 million customers may have been impacted by its massive data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Wells Fargo, the embattled bank still reeling in the wake of a fake account scandal, has reportedly brought back more than 1,000 former employees, Reuters reported Monday (Oct. 2). Citing prepared congressional testimony by Wells Fargo, chief executive Tim Sloan said more than 1,780 employees who were let...
Since Sept. 7, the media has been abuzz over the security breach at credit scoring company Equifax and the vast number of consequences the incident set in motion, from the resignation of the company’s CEO to lawsuits filed by state Attorneys General across the U.S....
The Equifax hack is worrying U.S. lenders, who fear their consumer loan and credit card businesses could be hurt if scores of people lock or freeze their credit reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...