March 25, 2016
UK Police Chief Calls Out ‘Lax’ Online Fraud Victims
U.K. Metropolitan Police Commissioner Sir Bernard Hogan-Howe is taking a firm stance on how victims of online fraud should be compensated by banks. His opinion is that it shouldn’t happen...
March 25, 2016
Bitcoin’s Ransomware Problem And Bernie’s ‘Bitcoin Bounty’
City held hostage. 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 to...
March 24, 2016
Are We Having The Right Encryption Conversation?
The Apple v. DOJ battle has made encryption a household word. But what’s the right conversation to be having about keeping consumer and payments data secure and private? Michael Reitblat,...
March 24, 2016
CFPB Warns Of Elderly Financial Exploitation
The Consumer Financial Protection Bureau said on Wednesday (March 23) that it has issued an advisory alongside a report detailing recommendations for financial institutions, ranging from credit unions to banks,...
March 23, 2016
FedEx Enters Cross-Border eCommerce
FedEx is making moves to enter eCommerce on a global scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
March 23, 2016
Retailers Caught in Terminal Certification Crossfire
If, like New York merchant Avi Kaner, you had just spent $700,000 upgrading your POS terminal for chip cards in time for the liability shift, you too might feel a...
March 23, 2016
Payments Integration Without The Friction
Can payments integration — in an environment of expanding channels and payments methods — be both easy and fast? Daniela Mielke, Vantiv’s chief strategy and product officer, told PYMNTS that...
March 22, 2016
Startup Raises $5M To Combat Blockchain Crime
Investors may be flocking to blockchain technology startups that are seeking out new ways to use the tool, but one startup just secured investment for making sure that the businesses...
March 22, 2016
Ex-NSA Director: ‘Cyberthreats As Bad As Ever’
“The threats in cyberspace are as bad as it’s ever been.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
Companies think their identity systems are working—until the numbers prove otherwise. “The Hidden Costs of ‘Good Enough’: Identity Verification in the Age of Bots and Agents,” a PYMNTS Intelligence and Trulioo collaboration, reveals how “good enough” identity verification quietly drains $95 billion in revenue due to fraud and missed opportunities each year. In the age of bots and agents, complacency isn’t just risky—it’s expensive.