According to reports out of an FBI official stationed in the Philippines, the theft of $81 million in funds hacked out of the Bangladesh central bank’s account at the NY Fed was a “state-sponsored” job. Get the Full Story Complete the form to unlock this...
Fraud detection and prevention is no cottage industry. As debit and credit cards grow in the field, making inroads to consumers where they’d not been held before, so too has the opportunity grown for skimming and pilfering. And FICO has seen an alarming uptick and uptake in...
While retailers of late have worked hard to broaden the range of experiences they offer, there are some things that no reasonable person would expect merchants to do. The general expectation is that retailers will be experts in selling goods — and hopefully experts on...
Biometrics are increasingly giving little-loved usernames and passwords the boot, and for good reason – they’re less vulnerable to security breaches. For the latest Digital Identity Tracker™, PYMNTS caught up with USAA Bank’s Chief Security Officer, Gary McAlum, about the latest biometric security technology and...
The Royal Bank of Scotland (RBS) is facing questions from the Financial Conduct Authority (FCA) and other regulators about Russia money-laundering claims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Supreme Court yesterday decided not to restore a $7.25 billion settlement between credit card networks Visa and Mastercard and merchants over their disputes concerning credit card processing fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Google is picking up its fight with Symantec, saying last week that it is reducing the level and length of trust Chrome will give Symantec-issued certificates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
While it may still seem like something that was once reserved for science fiction, today consumers are increasingly interacting with biometric technology without giving it a second thought. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
KfW, a state-owned bank in Germany, has mistakenly transferred more than $5.4 billion to four banks due to a technical glitch. 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...
