May 25, 2016
Security Startup Grabs $22M To Safeguard Corporate Email
The Business Email Compromise is now a top concern for the enterprise and security providers alike, especially since regulators have released warnings against the crime. One startup wants to safeguard corporate...
May 23, 2016
Enterprises Are Operating With Blinders — And Blindfolds — On
In business, not everything is in black and white. While there is technology to heighten transparency of business processes like cash flow, FX risk and other financial aspects of the...
May 20, 2016
Daily Data Dive: Breaches And Hackers Edition
It wouldn’t be the end of the business week in the payments industry if there weren’t another batch of news items relating to cybersecurity, data breaches and hackers. This week’s...
May 19, 2016
SEC Chair Warns That Cybersecurity Is Top Financial Risk
SEC Chair Mary Jo White made it clear that cybersecurity remains the biggest threat facing the financial system. At the Reuters Financial Regulation Summit in Washington, D.C, White gave a...
May 18, 2016
JPMC Reduces Some Employees’ Access To SWIFT System
According to Wall Street Journal reports, JPMorgan Chase has limited access to the SWIFT interbank messaging service for some of its employees following a set of breaches in Southeast Asian banks....
May 18, 2016
Are SWIFT-Connected Banks More Vulnerable To Hacks?
Questions surrounding the risks of banks connected to the SWIFT network have arisen following a series of cyberattacks, which all started with the $81 million Bangladesh hack on its New...
May 18, 2016
What Really Keeps CFOs Up At Night
CFOs these days are among a company’s most strategic advisors and keeping a company both lean and successful falls squarely on their shoulders. Billtrust offers new insights on how these...
May 16, 2016
PYMNTS Data Dive | Why Can’t We Be Friends Edition:...
Most weeks at PYMNTS, we feel like financial news reporters — mostly, because that’s what we are. But, every so often, we get to feel like stormchasers, à la The...
May 13, 2016
Wendy’s Confirms Payments Breach
It took longer than expected from a company in the business of delivering its product quickly, but Wendy’s has at last opened up about getting hit with a credit card...
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.