March 05, 2024
Google Launches Competition to Find Quantum Computing’s Real-World Utility

A problem without a solution presents more opportunity than a solution without a problem.  That’s because it is easier, in many ways, to solve for a need than it is...

March 05, 2024
Report: Hackers Claim UnitedHealth Group Paid $22 Million in Ransomware...

A post on an online forum popular with cybercriminals reportedly claimed that UnitedHealth Group paid $22 million to the Blackcat ransomware group to recover compromised data and systems of its subsidiary, Change Healthcare....

March 05, 2024
Spreedly Appoints Lightspeed Commerce Veteran Peter Dougherty as President

Payments orchestration platform provider Spreedly has appointed Lightspeed Commerce veteran Peter Dougherty as president. In his new role, Dougherty will oversee marketing, sales, partnerships, customer success and support, and other go-to-market (GTM) functions, Spreedly said in...

March 04, 2024
J.P. Morgan to Support Cartes Bancaires CB Payments for Merchant...

J.P. Morgan has become a principal member of the French payments network Cartes Bancaires CB, becoming the first U.S. bank to do so. Having been granted this license, the bank plans to...

March 04, 2024
American Express Notifies Customers of Data Breach at Third Party...

American Express has notified customers of a data breach at a third-party service provider that is used by many merchants. The unnamed service provider “experienced unauthorized access to its system,” and...

March 04, 2024
‘Pig Butchering’ Scams Pose Growing Risk to Businesses

Behavioral fraud and social engineering scams are getting more dangerous for businesses. Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, social engineering tactics remain one of...

March 01, 2024
FIs Reckon With Rising Fraud Rates in Run-Up to Real-Time...

Financial institutions are beset on all sides. The PYMNTS Intelligence report “New Data: FIs Cooling on Open Banking but Still on Course for Real-Time Payments” found that more than a...

March 01, 2024
This Week in AI: A Battle for Humanity or Profits?

There’s some in-fighting going on in the artificial intelligence (AI) world, and one prominent billionaire claims the future of the human race is at stake. Elon Musk is taking legal...

March 01, 2024
Firms Embrace AI for Faster, Smarter Cybersecurity Solutions

Google CEO Sundar Pichai recently noted that artificial intelligence (AI) could boost online security, a sentiment echoed by many industry experts. AI is transforming how security teams handle cyber threats,...