March 22, 2017
Deutsche Bank Joins Competitors To Open NYC Innovation Hub
Deutsche Bank, the Wall Street investment firm, announced Tuesday (March 21) the launch of an innovation lab in New York City. According to a report in The American Banker, Deutsche...
March 21, 2017
Mastercard Creates New Role To Focus On Digital Products In...
Mastercard announced Monday (March 20) that it named Rama Sridhar as the executive vice president, Digital and Emerging Partnerships, Asia-Pacific, a newly created role. In a press release, Mastercard said...
March 20, 2017
Cybersecurity Watchdog In Germany Raises Alert Levels
Germany’s alert level against cyberattacks has now been raised to “heightened readiness” as the country prepares for its parliamentary elections. The Welt am Sonntag newspaper reported that government websites are...
March 20, 2017
G20 Finance Chiefs Pledge To Fight Cybercrime
The G20 is making a large coordinated effort to battle attacks on the global banking system. During a meeting in Germany, finance leaders at the G20 Summit agreed to combat...
March 20, 2017
China To Secure Digital Future, Mastercard CEO Says
At the China Development Forum in Beijing on Sunday (March 19), Mastercard CEO Ajay Banga shared how the proliferation of connected devices has opened the door for China to upgrade...
March 20, 2017
Select Restaurants, Inc. Breached Via POS Vendor
Select Restaurants Inc., which owns a number of well-known restaurants nationwide, was identified by Google as possibly being the victim of a large credit card breach. A report from KrebsOnSecurity...
March 20, 2017
Saks Fifth Avenue Compromised Personal Data Of Customers
Tens of thousands of Saks Fifth Avenue shoppers had their personal information compromised and made publicly available online, BuzzFeed News reported. The retailer’s online website is maintained by Hudson’s Bay...
March 20, 2017
Anonymous Is Increasing Hacks Of Central Banks
In 2016 hackers were able to steal about $21 million from accounts held at Bank of Russia, and this year attacks on banks around the globe are likely to get...
March 20, 2017
Yes Bank Accelerator Eyes B2B FinTech In Newest Accelerator Program
Yes Bank has chosen 12 startups to partake in its accelerator program, and among them are several B2B FinTech players. The India bank’s program, launched in partnership with T-Hub, announced...
Digital bill pay, while routine for most consumers, poses challenges such as fraud, friction and limited payment options — particularly in the utilities sector, where consumer trust is low. This edition of the “Money Mobility Tracker®,” a collaboration with Ingo Payments, examines how billers and financial institutions can earn trust among consumers.
There’s no shame in asking for help. Eighty-two percent of merchants experienced a cyber or data breach in the last year, and PYMNTS Intelligence’s latest study of 300 eCommerce executives, “Fraud Management in Online Transactions,” a collaboration with Nuvei, details merchants’ thoughts about fraud prevention, finding that outsourced methods correlate with fewer failed payments.