February 09, 2016
NSA Outlines Revamped Cybersecurity Unit Plans
The United States National Security Agency is reorganizing in a manner that will consolidate both the spying and domestic cybersecurity operations. Reuters reported Monday (Feb. 8) that the revamp comes despite...
February 09, 2016
Barclays Sets Precedent With Cybercrime Analyst Appointment
In an effort to promote information sharing and improve its response time to looming cybersecurity threats, Barclays has become the first bank to have a full-time analyst working alongside law...
February 05, 2016
Tackling Not Just Slow B2B Payments, But Wrong Payments
Faster payments are on everyone’s agenda in today’s hyperconnected, fast-paced market. In the U.K., one of the largest initiatives to move towards faster payments is underway, and industry group Bacs...
February 05, 2016
OPM Officials Issued Subpoena Over Breach Details
As the investigation into the massive data breach that rocked the U.S. Office of Personnel Management (OPM) rolls on, the House Oversight and Government Reform Committee issued a subpoena for...
February 03, 2016
TalkTalk Shares Costs Of Massive Payments Breach
Just months after British broadband provider TalkTalk suffered what has been regarded as one of Britain’s biggest online security breaches, the company has confirmed that the “significant and sustained” cyberattack...
February 02, 2016
Banks’ Big Security Threats? Tellers With Too Much Data
With all the talk about cybersecurity, technology investments and what threats banks must worry about, there’s one key aspect that may be being overlooked. Humans, and the potential big threats...
February 02, 2016
Fed’s $6B Security System Not Up To Snuff
A secret audit by the Government Accountability Office (GAO), which released a public version of its findings last week, found that a federal security system worth nearly $6 billion is...
February 02, 2016
FireEye Bulks Up With Another Acquisition
Invotas International Corp. has a new owner just a few months after being spun off from CSG Systems International Inc. late last year. The Alexandria, VA-based firm was launched in 2014...
February 02, 2016
MasterCard Adds Cybersecurity-Focused Exec To Ranks
MasterCard took another step in securing its cybersecurity-focused plans when it announced the appointment of Alexander N.M. Niejelow as its senior VP of public policy, starting Feb. 8. Under the appointment,...
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.