September 07, 2018
Sony Hack Programmer Charged With Cybercrime Conspiracy
The U.S. Justice Department announced that it has charged North Korea’s Park Jin Hyok (박진혁; aka Jin Hyok Park and Pak Jin Hek) for his involvement in multiple cyberattacks around...
September 05, 2018
Intel Secures AI Partnerships For FinServ, Supply Chains
Intel has struck new collaborations with artificial intelligence (AI) companies to broaden its enterprise AI capabilities. A press release on Tuesday (Sept. 4) said Chinese technology firm Baidu is working...
September 05, 2018
Amazon’s 20K Devices, And The Tightening Race For AI Dominance
When 2018 rang in, Alexa was compatible with just over 4,000 devices. A little bit past the halfway mark in 2018, Alexa’s device count has jumped five-fold, as over 20,000...
September 04, 2018
Google Weeds Out Tech Support Scam Artists
Google is trying to stop scammers who advertise fake technical support on its platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
September 04, 2018
Home Buyers, Tricked By Business Email Scams, Lose Six-Figure Sums
A scam targeting homeowners is leaving some without the downpayment for their closing on the day the loan is to be signed. Get the Full Story Complete the form to...
September 04, 2018
UK Banking Execs Arrested On Bribery Charges
Nigel Kirby, the deputy director of the National Crime Agency’s economic crime unit in the U.K., told a group of lawyers Monday (August 3) that the head of a London...
September 03, 2018
Brazil Economy Hobbled By High Banking Lending Rates
Brazil’s economy is being hobbled by average banking lending rates that are the highest of all the 55 developed and underdeveloped countries around the globe, reported the Wall Street Journal....
August 31, 2018
Cloudian Raises $94 Million For Enterprise Data Management
California’s Cloudian raised $94 million in Series E venture capital this week, securing what the company says is the largest-ever investment round for a “distributed file systems and object storage...
August 31, 2018
Expense Account Fraud Hits Wells Fargo
Fraud hits firms large and small. Wells Fargo is the latest industry behemoth to make headlines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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.