January 13, 2017
Underinsurance Leaves Shippers Exposed To Cybercrime
There’s an insurance gap that may be increasing the cybersecurity threat facing shipping companies. Reuters reported that the industry is now dealing with increased instances of cyberattacks on vessels, something...
January 12, 2017
Blockchain Tracker: Good For Governments?
There’s been chatter about 2017 being the year that blockchain sees the most government regulation. “2017 is going to be the year when operationalizing of blockchain really starts to move...
January 12, 2017
Transmit Security’s New Platform Eliminates Need For Passwords
Transmit Security, the programmable authentication company, announced a $40 million self-funded round of financing. In conjunction with the fundraising, the company also announced a new platform aimed at disrupting the...
January 12, 2017
Accelerator Backed By UK Spy Agency Selects First Startups
The U.K. Government Communications Headquarters (GCHQ), the intelligence and security organization that provides signals intelligence and information assurance to the British government and armed forces, announced the first cohort of...
January 11, 2017
2015 Anthem Health Hack Probably By Foreign Government
Unfortunately, private insurance firms are no strangers to massive cyberattacks and being prime targets for hackers. Anthem, the second-largest U.S. health insurer, announced it had suffered a massive security breach...
January 11, 2017
EU Sets Goal Of Half-Cent Cross-Border Transactions
The European Central Bank (ECB) is moving closer towards its goal to streamline payments across EU Member States and to make those transactions far cheaper. Reports said Tuesday (Jan. 10)...
January 10, 2017
Amazon Web Services Acquired Harvest.ai To Protect Cloud Offering
Amazon Web Services (AWS) has reportedly acquired Harvest.ai, a cybersecurity startup based in San Diego. According to a report, which cited Fred Wang, a general partner with Trinity Ventures, an investor...
January 06, 2017
Hacker Tracker: Call Center Scams, Password Reuse Dangers
It never takes long for cybercriminals to find new avenues to perpetrate fraud. Like the old saying goes, when one door closes, a window opens. In India, call centers are...
January 06, 2017
TreasuryXpress Gives Corporate Payments An Upgrade
Treasury management software company TreasuryXpress is giving its corporate clients a payments boost via a new upgrade to C2Treasury. The company announced Thursday (Jan. 5) that updates to its treasury...
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.