PYMNTS-MonitorEdge-May-2024

Security

Computer security, also known as cybersecurity or IT security, refers to the security of computing devices such as computers and smartphones, as well as computer networks such as private and public networks, and the Internet.

Source: en.wikipedia.org

Physical Cards: The Unexpected Frontier in Digital Security
Physical Cards: The Unexpected Frontier in Digital Security
July 18, 2024  |  Authentication

Adam Lowe, Ph.D, chief product and innovation officer at CompoSecure, hears it all the time from banking executives when the topic is securing payments: “We...

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June Auto Sales Reporting Thrown off by CDK Cyberattack
June Auto Sales Reporting Thrown off by CDK Cyberattack
July 17, 2024  |  Cybersecurity

As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the...

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Cloud Security 101: Treasury Releases Essential Guidelines for FIs
Cloud Security 101: Treasury Releases Essential Guidelines for FIs
July 17, 2024  |  Cloud Banking

Today’s digital landscape has transformed the operational calculus for financial institutions (FIs) and corporations. And with the news Thursday (July 17) that the U.S. Department...

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US Agencies Warn Financial Institutions About Mexico-Based Timeshare Fraud Schemes
US Agencies Warn Financial Institutions About Mexico-Based Timeshare Fraud Schemes
July 16, 2024  |  Security & Fraud

Federal agencies are warning financial institutions about timeshare fraud schemes associated with Mexico-based transnational criminal organizations. The Financial Crimes Enforcement Network (FinCEN), jointly with the...

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AI Opportunities, Cyber Vulnerabilities Define UnitedHealth’s Latest Earnings
AI Opportunities, Cyber Vulnerabilities Define UnitedHealth’s Latest Earnings
July 16, 2024  |  Earnings

In February, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack. Per remarks by UnitedHealth’s executives on Tuesday’s (July 16) second-quarter earnings call, the...

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Procore Seeks FedRAMP Authorization for Construction Management Software
Procore Seeks FedRAMP Authorization for Construction Management Software
July 16, 2024  |  B2B Payments

Procore Technologies is working to authorize its construction management software with the Federal Risk and Authorization Management Program (FedRAMP). The company has prepared tools, processes...

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AutoNation: CDK Hack Will Hurt Earnings
AutoNation: CDK Hack Will Hurt Earnings
July 15, 2024  |  Security & Fraud

The impact of the hack on car dealership software firm CDK Global continues to reverberate. AutoNation, one of the largest dealership chains in the country,...

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Skipify’s Shrauger on Moving Past Wallets to Digital Identity as Payment Credentials
Skipify’s Shrauger on Moving Past Wallets to Digital Identity as Payment Credentials
July 15, 2024  |  Payments Innovation

Consumers want what they want, how they want it. Consequently, when it comes to payments and commerce, businesses that can adapt to their needs and...

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The Cyborg Shopper: Is It the Future or Just a Blip?
The Cyborg Shopper: Is It the Future or Just a Blip?
July 13, 2024  |  Technology

As a fringe group of consumers gets microchips implanted in their hands to make payments without using any external devices, time will prove whether these...

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