Social Security news and trends

JPMorgan Picked to Verify Payment Information for Federal Government
Authentication // September 27, 2023

J.P. Morgan has been chosen by the United States Treasury Department to provide account validation services for federal government agencies. This selection comes after a competitive process and will last for at least five years, the global provider of banking and securities services said in a Wednesday (Sept....

Mexico’s Gig Workers May Get Social Security From Uber and Delivery Apps
Gig Economy // November 23, 2022

Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the country. In a joint release received by PYMNTS, the proposed social security benefits would cover...

Deep Dive: How Identity Fraud Targets Banks
Fraud Prevention // September 25, 2020

Fraudsters leverage an array of schemes to conduct financial crimes, including digital methods like botnets and brute force hacks as well as old-school ones like social engineering. One of the most pervasive — which also affects customers as much as or more than banks —...

Hackers Disrupt Benefits Claims On Italy’s Social Security Website
Security & Fraud // April 01, 2020

As individuals were beginning to seek COVID-19 benefits, hackers disrupted Italy’s Social Security internet site, per the leader of the welfare agency. Pasquale Tridico said his INPS unit had taken in approximately 339,000 applications to receive the $655 (600 euros) in benefits, but hackers had...

Interviews & Exclusives
Why Tokenized Data Remains Vulnerable

July 09, 2018
Beyond the buzzword that is tokenization, the reality is that replacing sensitive data with unique identifiers is not the bulletproof method that some may think it is. That’s because standards are lacking, and according to GEOBRIDGE CTO Jason Way, who describes the “extra mile” that firms must travel in making sure that tokens are unique and data is secure.

Person Present: The Future Of Card Not Present Identity Verification

December 13, 2017
“Who are you?” It’s a philosophical question with a million different answers depending on who’s asking. In payments, it is a practical question with just as many answers depending on...

Quick Reads
JPMorgan Picked to Verify Payment Information for Federal Government

September 27, 2023
J.P. Morgan has been chosen by the United States Treasury Department to provide account validation services for federal government agencies. This selection comes after a competitive process and will last for at least five years, the global provider of banking and securities services said in a Wednesday (Sept. 27) press release. The agreement between J.P. Morgan and the U.S. […]

Mexico’s Gig Workers May Get Social Security From Uber and Delivery Apps

November 23, 2022
Ride-hailing drivers in Mexico are potentially getting access to social security benefits if they drive for either Uber, DiDi Global or Rappi, a first for gig economy workers in the...

Hackers Disrupt Benefits Claims On Italy’s Social Security Website

April 01, 2020
As individuals were beginning to seek COVID-19 benefits, hackers disrupted Italy’s Social Security internet site, per the leader of the welfare agency. Pasquale Tridico said his INPS unit had taken...

Cap One Hack Hits 100M Credit Card Applications

July 30, 2019
Capital One announced that a hacker had accessed about 100 million credit card applications, as well as thousands of Social Security and bank account numbers. The company revealed Monday (July...