Search results for "data breach"

October 18, 2024
Truist Debuts Electronic Bill Pay for Wholesale Payments Clients

Truist debuted a billing payment solution for its wholesale payments clients. The bank’s Electronic Bill Presentment and Payment platform is designed to modernize payment management for these customers, according to...


October 18, 2024
Making Sense of Why SOC 2 Compliance Matters for Payments

In the payment innovation space, security, trust and compliance are three non-negotiable pillars. Their importance is growing against an operational backdrop where data extortion and ransomware attacks impact businesses. Eighty...


October 17, 2024
EU Considers Expanding Potential Fines for X, Targeting Musk’s Broader...

The European Union has issued a warning to X (formerly Twitter) that penalties for breaching content moderation rules could be significantly higher than expected, as regulators weigh whether to include...


October 17, 2024
AI Boom Drives Record Revenues and Funding Across Tech Sector

Artificial intelligence is fueling explosive growth in the tech industry, with companies from chip manufacturers to security startups reporting soaring revenues and attracting significant investment. Taiwan Semiconductor Manufacturing Co. posted...


October 16, 2024
European Commission Excludes X from Gatekeeper Status under EU’s Digital...

The European Commission has confirmed that X, Elon Musk’s social media platform, is not considered a “gatekeeper” under the EU’s landmark Digital Markets Act (DMA). This decision exempts the company...


October 15, 2024
Microsoft’s AI Healthcare Push Aims to Boost Efficiency, Enhance Patient...

Microsoft’s recent expansion of artificial intelligence capabilities in its healthcare cloud platform signals a shift that could redefine patient care and streamline operations in the healthcare industry. The tech giant’s...


October 15, 2024
CJEU: Competitors Can Sue Over GDPR Breaches; Health Data Defined

In a ruling delivered on October 4, 2024, the Court of Justice of the European Union (CJEU) clarified critical aspects of the General Data Protection Regulation (GDPR) concerning health data...


October 15, 2024
UnitedHealth Commits to ‘Consumerization’ While Managing February’s Ransomware Fallout

Cyberattacks can have a long impact, as UnitedHealth’s Tuesday (Oct. 15) earnings call revealed. In February 2024, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack. Nearly eight months later, and...


October 14, 2024
WhatsApp Faces Potential Antitrust Penalties in India Over Privacy Policy...

WhatsApp, the popular messaging platform, is reportedly facing potential sanctions from India’s competition authority in connection with its controversial 2021 privacy policy update. According to a report from Livemint, the Competition...


Authenticated Payments Report

Cryptocurrency exchanges are grappling with the EU’s PSD2 as they look to craft seamless experiences for their global customer bases. In the “Authenticated Payments Report,” a PYMNTS and LoginID collaboration, Marcus Hughes, of crypto exchange Coinbase, explains how platforms must build authentication measures that satisfy consumers and evolving regulations.