Search results for "data security"

July 12, 2024
They Said That: Notable Quotables From the Week of July...

PYMNTS reporters, analysts and writers do dozens of interviews every week to bring you the editorial package that is PYMNTS and PYMNTS Intelligence. While they all inform our coverage, some...


July 12, 2024
British Consumers’ Complaints About Banking Sector Rise Amid Record-High Fraud

British consumers have more complaints about the banking sector across the board than they did a year ago. Complaints about the sector reached their highest level in at least a...


July 12, 2024
Trending: Banking Execs Warn House Financial Services Hearing of Regulatory...

Prudent regulation is needed in helping to define the risks and rewards in emerging partnerships between financial institutions and banks — but current regulatory efforts may be too vague, critics...


July 12, 2024
BaFin: Solaris SE Must Improve Controls or Face Financial Penalties

German financial regulator BaFin said Friday (July 12) that Solaris SE faces financial penalties if it doesn’t improve its controls. Solaris, which has a banking license in Germany but focuses on providing white-label...


July 12, 2024
Almost All of AT&T’s Wireless Customers Hacked as Snowflake Breach...

The interconnected global operating landscape has never held more opportunity for businesses. Or more threats. Gaining a deeper understanding of the threat landscape and the top tactics, techniques and procedures...


July 12, 2024
AT&T Says Call, Text Records of ‘Nearly All’ Customers Stolen

AT&T said Friday (July 12) that records of calls and texts of nearly all its wireless customers and others using its network were stolen in a cybersecurity incident. The stolen...


July 11, 2024
Skild AI Raises $300 Million to Build ‘General-Purpose Brain’ for Robots

Skild AI has raised $300 million in a Series A funding round to build an artificial intelligence (AI) model for robotics. The company will use the new capital to expand...


July 11, 2024
House Committee Votes to Aid Defense of TikTok Ban

The U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11) to give the Justice Department a transcript of a closed-door hearing about threats posed by TikTok. The release of the transcript...


July 11, 2024
Mastercard and Network International Launch Business Payment Solutions in UAE

Network International has introduced new Business Payment Solutions for companies in the United Arab Emirates (UAE). These solutions were launched in partnership with Mastercard and include card offerings, expense management and virtual...


Using AI to Combat AI Fraud in the Credit Union Space

Generative AI tools like ChatGPT have been game-changers across multiple industries, and digital fraud is no exception. The “Credit Union Tracker®,” a collaboration with PSCU, explores how fraudsters are using AI to target credit unions on an unprecedented scale.

Instant Payouts Reach an Inflection Point
Consumers Want Instant Payments — For Free More than two-thirds of consumers chose instant payouts if given the choice, but paying for it depends on the use case and the need. A new report, “Disbursements Satisfaction Report 2023,” a PYMNTS and Ingo Money collaboration, examines U.S. consumers and their expectations for instant payments across a range of use cases from gaming to legal settlements to loans to wages and insurance claims.