Cybersecurity

Cybersecurity
Credit Card Chips Still Under Attack From Thieves
February 03, 2017

Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in...

Cybersecurity
CFPB, VA AG Penalize Woodbridge Gold & Pawn for Deceitful Consumer Loans
February 03, 2017

A pawnbroker in Virginia will have to face paying restitutions to customers whom the Consumer Financial Protection Bureau (CFPB) and the Attorney General of Virginia said it deceived about the actual costs of its loans. Get the Full Story Complete the form to unlock this...

Cybersecurity
PYMNTS Daily Data Dive: Identity Fraud
February 02, 2017

Most people never dream that identity fraud could happen to them in their lifetime. And if it’s not caught quickly, there’s a significant chance of nefarious activity harming future well-intentioned activities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Cybersecurity
CFPB Fines Mastercard, UniRush $13M
February 02, 2017

The Consumer Financial Protection Bureau (CFPB) announced Wednesday (Feb. 1) that it took action against Mastercard and UniRush for alleged breakdowns that the government watchdog said left tens of thousands of economically vulnerable RushCard users unable to access their own money to pay for basic...

Cybersecurity
Identity Fraud Numbers Rose 16 Percent In 2016
February 02, 2017

The number of identity fraud victims rose 16 percent in 2016, marking the highest level since Javelin Strategy & Research began tracking the trend in 2003. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fraud Prevention
Pelican Has New AI Technology To Fight Fraud
February 02, 2017

Pelican, a global provider of payments and compliance solutions for banks and corporates, is using the latest in technology to protect its clients from wire transfer fraud through its new Pelican Secure Fraud Prevention solution. Get the Full Story Complete the form to unlock this...

Cybersecurity
Trump To Sign Cybersecurity Executive Order
February 01, 2017

Cybersecurity is a big issue in the U.S., and President Donald Trump is taking steps to increase the government’s role in combating it by signing an executive order Tuesday (Jan. 31) that requires the heads of government agencies to have a more direct part in...

Cybersecurity
Vesta’s Vista On The Merchant’s Fraud Challenge
February 01, 2017

ECommerce merchants: Call it a trifecta of pressures hitting you right where you live — at the top and bottom lines. Vesta’s Tom Byrnes, CMO, told Karen Webster that the digital age has brought a whole new set of challenges when it comes to fighting...

Cybersecurity
Ransomware’s Latest Victim — Hotels
January 31, 2017

Name any connected device or object, and there’s a chance it will be hacked. From baby monitors to smartphones and beyond, there’s virtually nothing that can’t be breached and/or compromised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...