February 13, 2017
Bank Of England Taps Startup Anomali To Reduce Cyberthreats
Anomali, the FinTech startup that was part of the Bank of England’s accelerator program, has been tapped by the Bank of England to help it monitor and reduce cyberthreats. According...
February 13, 2017
Ransomware, IoT On The Rise For Cybercriminals
There’s good news and bad news on the cybercrime front: Chain Store Age reported that, while malware attacks have declined, ransomware and IoT threats are on the rise. According to the...
February 13, 2017
Data Dive: FedEx Competes, BoA Automates And Hackers Hack …...
Valentine’s Day is tomorrow, meaning the prepared have already made their dinner reservations and the unprepared will be making a rather frantic stop at a jewelry store and florist at...
February 10, 2017
Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels
Just when payment card data seemed somewhat protected by EMV technology, hackers have found yet another way to steal information and gain access to PINs. In this week’s Hacker Tracker,...
February 10, 2017
Health Care Information More Valuable Than Credit Card Data For...
Health care information about an individual is more valuable to bad guys than credit card information, according to Xerox’s 2017 eHealth survey. In a press release highlighting the result of the...
February 10, 2017
Hackers Sink Their Teeth Into Arby’s Credit Card Data
Fast food chain Arby’s confirmed that credit card data was stolen from thousands of its customers due to a data breach that took place last month. According to a report...
February 10, 2017
ZingBox Aims To Protect IoT Devices
ZingBox, a cybersecurity company focused on service protection, announced Thursday (Feb. 9) IoT Guardian, which it said is an industry-first offering that uses deep-learning algorithms to determine each IoT device’s...
February 10, 2017
$79M Funded Across B2B FinTechs
It was another week of varied investments for B2B venture capitalists, who, in total, raised more than $79 million for the space. B2B payments, alternative SME finance, enterprise cybersecurity, data...
February 09, 2017
GoCardless Reveals 19 Laptops With Customer Data Were Stolen
GoCardless, the U.K. payment processing company, revealed that 19 laptops that had sensitive personal customer data on them were heisted from GoCardless offices in January. According to a report, as a result...
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.