Star Network news and trends

May The Force (Multiplier) Be With You
Partnerships / Acquisitions // March 29, 2016

There are many ways to describe a partnership — shared values, common focus, mutual respect. Dan Charron, First Data’s EVP of global solutions, tells PYMNTS that his company’s recently announced partnership with First Tennessee is that and more. Like a "force multiplier” that strengthens the...

Rise Of The Machines (In Fighting Fraud)
Security & Fraud // February 17, 2016

As the data created by online transactions continues to expand at a rapid pace, so, too, do the security elements surrounding them. Todd Clark, SVP and head of STAR Network and debit processing at First Data, explains how machine learning creates a “smarter point of...

Quick Reads
US, Russian Banks Targeted By Hackers In ATM Scam

December 12, 2017
Moscow-based data security firm Group-IB reported Monday (Dec. 11) that a group of Russian hackers stole close to $10 million from several largely U.S. and Russian banks over the past year or more, and all by going after interbank transfer systems. According to Monday (Dec. 11) Reuters reports, the attacks began about 18 months ago, […]