July 30, 2015
How BoA Tackles Cybersecurity With Metrics
Bank of America is enlisting the use of metrics and analytics in the ongoing fight against cyberattacks.
July 24, 2015
Underground Bitcoin Exchange Busted And The ‘Ebola’ of Banking
It seems like every time bitcoin takes a step forward in shaking off its somewhat nefarious roots, someone pops up to ruin it. In this case, there’s actually two someones. ...
July 23, 2015
Experian Sued For Credit Scammer ‘Negligence’
The credit bureau is being sued for allegedly overlooking the fact that a scammer who resold consumer data through a criminal service was a customer of its data broker subsidiary...
July 23, 2015
Look Inside Target’s Cyber Fusion Center
Retailer Target offered up a look into the day-to-day operations of its new “Cyber Fusion Center.” In a Tuesday (July 21) article on the company’s web site, Target said its...
July 23, 2015
Darktrace’s VC Funding Pushes Value To $100M
Darktrace, the cybersecurity firm that counts as one of its key financial supporters the former head of Autonomy, Mike Lynch, has raised $22.5 million from Summit Partners, a venture capital...
July 22, 2015
Small Biz Fears The Cyber Attack – And For Good...
Small businesses are among the most skeptical of adopting cloud technology to manage their finances. Recent research from Software Advice found that most SMEs prefer in-house payroll systems, for example,...
July 22, 2015
Summer Slows Down And Ethoca Snags $45M
The third week in July showed investment activity wilting a bit (was it the heat?) with only a few $100M deals. (My, aren’t we spoiled...) Unless you’re Ethoca – that...
July 21, 2015
IT Execs Remain Confident Amid Escalating Cyberattacks
With the number of severe cyberattacks on the rise, Information Technology (IT) executives working within critical infrastructure organizations are pleased with the results of their efforts to improve cybersecurity over...
July 20, 2015
The Big Buy-In Edition: How Visa, Google and Greece Are...
We at PYMNTS like to imagine that while the markets wait, watch and speculate today about the future of PayPal as an independent company, its employees are busily engaged in...
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.