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

Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency
Dell Data Breach Underscores Rising Cost of Cybersecurity Complacency
May 10, 2024  |  Cybersecurity

As digital becomes an operational imperative, so too does enterprise cybersecurity. Progress must be protected. With the news Thursday (May 9) that Dell suffered a security breach earlier this...

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Experts Say OpenAI and Amazon Are Keepin’ It Real for AI
Experts Say OpenAI and Amazon Are Keepin’ It Real for AI
May 08, 2024  |  Artificial Intelligence

In a world increasingly flooded with artificial intelligence-generated content, tech behemoths are now locked in a high-stakes battle to develop cutting-edge tools that distinguish between...

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Retail Shoppers Pay by Debit Card in Stores but by Credit Online
Retail Shoppers Pay by Debit Card in Stores but by Credit Online
May 08, 2024  |  Payment Methods

When shopping in stores, retail customers prefer to pay with debit, but eCommerce is a different story. By the Numbers According to an October survey of...

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Nearly Half of Enterprise Merchants Are Beefing Up Security Online
Nearly Half of Enterprise Merchants Are Beefing Up Security Online
May 08, 2024  |  Cybersecurity

Eighty-two percent of eCommerce merchants experienced cyberattacks or data breaches in the last year, according to PYMNTS Intelligence’s “Fraud Management in Online Transactions. The study was...

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Visa Teams With Dubai’s MoneyHash on Digital Payment Security
Visa Teams With Dubai’s MoneyHash on Digital Payment Security
May 08, 2024  |  Partnerships

Dubai-based payments firm MoneyHash launched a partnership with Visa. The collaboration is designed to offer secure digital payments for MoneyHash’s clientele in the Middle East/North Africa (MENA) region, who rely on...

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Biometric Wallets Emerge as Payments Modernization Strategy
Biometric Wallets Emerge as Payments Modernization Strategy
May 08, 2024  |  Payments Innovation

As payments go digital, their authentication is getting more organic — literally. One of the latest frontiers in the ongoing evolution of payments is leveraging...

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Data Security Is Top Priority as Payments Enter Zettabyte Era
Data Security Is Top Priority as Payments Enter Zettabyte Era
May 06, 2024  |  Data

You’ve probably heard it before, but data is undoubtedly the oil of the 21st century. And, just like oil, any data breaches or the equivalent...

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Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’ Vulnerabilities
Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’ Vulnerabilities
May 06, 2024  |  Bank Regulation

The rise of open banking and FinTechs is changing the fabric of financial services. Data sharing and pacts between traditional financial institutions and digital-only innovators...

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Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
May 03, 2024  |  Regulation

Wells Fargo said Thursday (May 2) that U.S. authorities are investigating the handling of complaints about Zelle. This disclosure in a filing with the Securities and Exchange Commission (SEC)...

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