June 10, 2016
Car Cybersecurity Has Become Its Own Business
As vehicles get “smarter,” carmakers are making cybersecurity a much bigger priority. It’s safe to say that seeing two high-profile security hackers expose a major automobile security loophole that allowed...
June 10, 2016
Sizzle Or Fizzle: Alexa’s Red Hot Week And Blue Coat’s...
The first week of June began with probably the biggest sizzle-y story of all: the unveiling of the 12 new skills that 14 companies across payments taught Alexa. Companies as...
June 10, 2016
Tapping Mobile Technology To Expand Health Care Access
For millions of underbanked people around the world, health care can be a service that seems unattainable. But mobile technology is changing the picture across the globe. DaVincian Healthcare CEO...
June 10, 2016
Supplier Risk, Spend Management Prove Critical For Banks’ Procurement Needs
Not all verticals are created equal when it comes to the procurement process. Priorities in managing procurement will range from cost of the software to the ability to handle industry-specific...
June 09, 2016
Blackstone Backs Cybersecurity Startup’s $100M Round
Cylance, a cybersecurity startup that utilizes artificial intelligence algorithms to detect and mitigate malware threats, announced on Wednesday (June 8) that it secured a $100 million Series D funding round....
June 09, 2016
SEC Goes After ‘Fraudulent’ Invoice Financing Firm
In what lawyers for the Securities and Exchange Commission described as a case that “presents an emergency,” the U.S. regulator moved to shut down a Miami-based company for allegedly “fraudulent” activity...
June 09, 2016
There’s No Business Like The Cyber Fraud Business
“I’m not surprised it’s happening.” That’s the reaction from Michael Reitblat, the CEO of next-gen fraud prevention company, Forter, when presented with the latest stats on global online fraud attacks....
June 09, 2016
Will Unicorns Take Flight with IPOs?
It’s raining IPOs! Well, not really, but if Bain’s Blue Coat goes public, the grand total of tech-related IPOs this year will reach — three. But other unicorns are mulling...
June 09, 2016
SEC Fines Morgan Stanley For Data Breach
The Wall Street bank is being forced to pay up for not safeguarding data that ultimately ended up in the hands of hackers. The Securities and Exchange Commission announced on...
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.