Technology
Technology
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Fueled in part by an increase in phishing attacks with malware attachments in the past year, fraudsters took only minutes to compromise a network in 93% of breach incidents, according to Verizon's 2016 data breach investigations report.
May 5 -
Requirements that banks share anti-money-laundering information should extend to fraud and cyber risks, to connect the dots between bad actors and their transfer of money.
May 5 -
The hacktivist group Anonymous, which brought down the Greek central bank's website through a distributed denial of service attack on Tuesday, claims it will be targeting financial organizations around the globe over the next 30 days.
May 5 -
The hacktivist group Anonymous, which brought down the Greek central bank's website through a distributed denial of service attack on Tuesday, claims it will be targeting financial organizations around the globe over the next 30 days.
May 5 - PSO content
TransferWise, which has been developing an anti-bank brand, now says it wants to partner with banks to expand its reach in the U.S.
May 5 -
Blockchain technology still has not proven itself invaluable to cross border transactions and remittance, but it's turning enough heads that Western Union has begun investing in its possibilities.
May 5 -
A recent spate of cyber-attacks leveraging POS (Point-of-Sale) malware against big retailers is drawing attention to a relatively new malware strain called "multigrain."
May 5 -
TransferWise, which has been developing an anti-bank brand, now says it wants to partner with banks to expand its reach in the U.S.
May 4 -
Jay Zs music-streaming service Tidal has selected Ingenico ePayments as the platform to accept payments in 45 countries.
May 4 -
Bitcoin payments company BitPay has partnered with the payments giant to launch a co-branded debit card allowing U.S. consumers to spend the digital currency at Visa merchants,
May 4 -
Department store chain Kohls has stitched together two of the most frustrating elements of checking out: adding loyalty points at the same time the payment goes through.
May 4 -
After planting its roots firmly in data encryption and enterprise content management for Payment Card Industry security compliance, Hyland has turned its attention toward fraud detection.
May 4 -
RBC is giving up the revenue it gets from its $1-per-transfer service by offering free Interac transfers from all personal checking accounts, in effect betting that the relationship it builds with customers will be more valuable than its fee income.
May 4 -
Although complete migration to EMV is expected to take up to seven years, CNP (card-not-present) merchants will struggle with increased fraud as criminals shift online to more vulnerable remote payments.
May 4 -
Five years ago, Dwolla took its ambitious approach to speeding up payments to financial institutions, viewing banks as a core audience in need of modernizing its aging infrastructure. But more recently, the company had to make a sharp course correction in its strategy.
May 4 -
Entrepreneurs and other financial-technology experts give some common-sense advice including: watch your pennies, live in the right places and choose your associates carefully.
May 3 -
Deloitte is partnering with five blockchain companies as it seeks practical uses for the emerging technology in its consulting business.
May 3 -
Uber riders that prefer to pay with Google Wallet will have to switch to Android Pay on May 9, according to emails reportedly sent out to Google Wallet users.
May 3 -
CO-OP Financial Services and TMG have commissioned Mercator Advisory Services to study blockchain technology in order to help credit unions decide about using this digital ledger system that provides a distributed list of records including transactional data and sequence.
May 3 -
Banks and their merchant clients face a costly problem stemming from how prepared they are to deal with attacks that sidestep the point of sale.
May 3



