October 04, 2018
How An HSBC Teller Stopped A $500 Million Bank Heist
What did you do for your employer and/or coworkers today? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
October 04, 2018
N. Korea Cyber Group Using SWIFT To Steal From Banks:...
A new report from cybersecurity experts at FireEye claims a North Korea-led cyber campaign has swindled banks of hundreds of millions of dollars since 2014, and continues to operate as...
October 04, 2018
Bitcoin Daily: TD Ameritrade Backs ErisX; Crypto Hackers Mint 235M...
Hackers have minted 235 million fake tokens of the digital Pigeoncoin currency by taking advantage of a bitcoin bug, The Next Web reported. As a result, the hackers were able...
October 02, 2018
Tanium Secures $6.5B Valuation For Enterprise Security Tech
Enterprise cybersecurity startup Tanium has raised additional funding just five months since its last investment round, according to reports on Tuesday (Oct. 2). Get the Full Story Complete the form to unlock...
October 02, 2018
Businesses Being Blindsided By Check Fraud, TROY Warns
The saying has probably been heard before: Don’t accept or cash checks from a stranger. The consumer world is well-versed on the threat of check fraud, as it is on...
October 02, 2018
Canada’s Largest ISP Suffers Website Glitch
Internet provider Altima Telecom — one of the largest independent Canadian internet service providers, serving Montreal and Toronto — had to repair a flaw that could have given hackers access to...
October 01, 2018
Tesco Bank Fined £16.4M For 2016 Cyberattack
Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. Get the Full...
October 01, 2018
Bitcoin: 10 Years Of Smoke And Mirrors
The end of this month, Oct. 31, 2018, will mark the 10th anniversary of the day that a link to a paper, authored by Satoshi Nakamoto, describing the digital currency...
September 30, 2018
Big Banks See Uptick In Cyberattack Attempts
Sources have reported that some large U.S. banks have seen a boost in attempted cyberattacks in recent weeks. Get the Full Story Complete the form to unlock this article and...
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.
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.