PYMNTS

SEPTEMBER 22, 2020

Consumers pivoting to online banking are also more concerned over the privacy and security of their data, especially as fraud volumes creep up —and financial regulators are taking notice. Around The Cloud Banking World. Some expressed hesitancy surrounding sharing their U.S.

Compliance 76

Compliance Online and Mobile Banking Privacy SWIFT 76

Stax

NOVEMBER 6, 2023

Loss, corruption, improper use, and unwanted access to a company’s data assets can lead to immense negative publicity, which in turn can cause irreparable reputation damage, fines, sanctions, and loss of profits. Moreover, companies need to follow data privacy and compliance requirements to stay in business.

Encryption 88

Encryption PCI DSS Data Security Origination 88

PYMNTS

DECEMBER 31, 2018

Facebook’s 2018 regarding the stewardship of user data and privacy was one it would like to soon forget. The most eye-catching — and headline-generating — of those lapses was the Cambridge Analytica scandal , which saw the data of 87 million Facebook users end up in the hands of a political consultancy. Fitness Hacks.

Data Breach 92

Data Breach Breach Database Compromise 92

CB Insights

JULY 31, 2019

Capital One suffers data security incident. Capital One notified customers that its data was compromised by a hacker as a result of a firewall misconfiguration. Initial estimates by the company report that the data of 106M individuals may have been affected. Want the full post? Become a CB Insights customer.

Privacy 28

Privacy Acquirers Social Security Compromise 28

PYMNTS

FEBRUARY 28, 2020

Failing to prevent a data breach is a surefire way to lose that trust, however. Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. CUs’ Tools To Secure Member Privacy . It also revealed that 60.8

Credit Union 52

Credit Union CCPA Data Breach NCUA 52

PYMNTS

MAY 22, 2020

Arkansas, Colorado, Illinois and Ohio have warned tens of thousands of residents who have applied online for unemployment benefits due to COVID-19 of possible data breaches that could have exposed names, addresses and Social Security numbers.

Data Breach 53

Data Breach Breach Request for Comment Social Security 53

PYMNTS

DECEMBER 3, 2018

A consumer who tries to make an online purchase of eCigarettes might be asked to prove their age by — depending on the retailer — submitting a scan of their driver’s license, for instance, or entering the last four digits of their social security number, with that merchant then doing a background check. Privacy Concerns.

Authentication 70

Authentication Privacy Checks AI 70

PYMNTS

JUNE 4, 2019

There is a good argument to be made that consumers are relatively numb to the parade of data breaches that define life in the early 21 st century, but it can also be argued that privacy and security concerns are, nevertheless, taking center stage, given all the recent political activity surrounding that issue.

Verification 62

Verification Online and Mobile Banking Fraud Prevention Privacy 62

PYMNTS

DECEMBER 21, 2018

.” And the problem, he added, is likely going to get worse before it gets better, as more and more sensitive consumer data finds its way into the hands of bad actors. The bad guys, Moorer noted, have data – and lots of it. The Consumer As A Frontline Against Fraud.

EMV 74

EMV Push-to-Card Fraud Prevention Rules 74

PYMNTS

APRIL 30, 2018

The data breach occurred on March 23 when Nelnet, a vendor that processes student loans for Access Group, sent out the files. The breached information included the names, drivers’ license numbers and Social Security numbers of borrowers. Those who were impacted are being offered free credit monitoring for 12 months.

Data Breach 47

Data Breach Breach Social Security Encryption 47

PYMNTS

FEBRUARY 14, 2019

For example, those credentials span names and Social Security numbers, the specific device that must be used in the transaction and the PIN itself. In the wake of confirmation, the transaction goes through, but the PIN and text disappear, never having been stored in the phone.

Authentication 60

Authentication Transactions Online and Mobile Banking Credential 60

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. It was never meant to be shorthand for, well, you – proving that you are who you say you are, serving as a gateway to all manner of sensitive data and, of course, financial accounts. That is what happens when politicians create rules,” Madhu said.

Security 43

Security Consumer Office of the Comptroller of the Currency Identity Theft 43

PYMNTS

DECEMBER 3, 2019

Digital identities are growing more important and omnipresent in everyday life, and the need to keep them secure grows more pressing by the day. Financial information, Social Security numbers and a host of other private data is wrapped up in each person’s digital identity, making a potential data breach catastrophic.

Verification 52

Verification Authentication Breach Data Breach 52

PYMNTS

JULY 17, 2019

Clinical Pathology Laboratories (CPL) is the latest victim of a data security breach at the billing collections service American Medical Collection Agency (AMCA). The AMCA has advised CPL that patients’ Social Security numbers were not involved in the incident. Days later, 7.7

Breach 40

Breach Data Breach Social Security Compromise 40

PYMNTS

APRIL 4, 2018

The patented PII Data Protection Appliance enables VOIP contact centers to secure PII data at the point of entry without disrupting the telephony voice path. Brown said, “The patent reinforces our commitment to data security in [a] contact center environment, while preserving our customer’s infrastructure investments.”. .

Duplicate 43

Duplicate PCI DSS Credit Cards Social Security 43

Nanonets

JULY 29, 2024

Data security With a surge in free OCR tools, data security is at a major risk. Review the company's privacy policy before choosing an OCR tool to process pay slips. Extract field from salary slip An advanced OCR captures and accurately extracts different key-value pairs from a salary slip.

Payment APIs and Integration 52

Payment APIs and Integration Payroll Automation API 52

PYMNTS

NOVEMBER 1, 2018

Unless a user opts out, Equifax will automatically share the name, address, date of birth, Social Security number and self-provided phone number and email address with Experian for anyone who signed up for its TrustedID Premier service after the breach.

Enrollments 50

Enrollments Data Breach Breach Cybersecurity 50

PYMNTS

APRIL 20, 2018

The company does not believe it involved personally identifiable information, such as Social Security numbers, account numbers, pins, user IDs, passwords or driver’s license numbers. “We He said the attempt — which happened six to eight weeks ago — included information such as names and account balances.

Data Breach 43

Data Breach Breach Social Security Authorization 43

PYMNTS

MARCH 22, 2019

Anyone who has been frustrated by filling out endless and repetitive forms at doctors’ officers can understand the frustration of federal benefit paperwork: Because of laws and regulations, data collected by one agency cannot typically be used by or shared with another agency, lest consumer privacy be breached.

Governance 40

Governance Government Authentication Breach 40

PYMNTS

MAY 31, 2018

In addition, fraudsters are banding together to share details across the dark web , ranging from static data like Social Security numbers and login details to “best practices” with which they can get around companies’ defenses.

Online and Mobile Banking 49

Online and Mobile Banking Compromise Best Practices Social Security 49

Nanonets

JANUARY 7, 2024

Addressing data security concerns is also key. Ensure that the resume parser adheres to data protection standards and compliances worldwide while respecting your organization's policies. For example, an HR team can use Nanonets to scan resumes for any information that violates GDPR, HIPAA, or other data privacy regulations.

Rules 52

Rules Database Automation Process 52

PYMNTS

DECEMBER 9, 2020

The passwords, user names and Social Security numbers that once helped us prove we are who we say we are now are vulnerable or have already been compromised. And new regulations are taking root or are on the horizon to help protect consumers, their data and how that data might be used. It’s paramount.

Privacy 93

Privacy Regulations Verification Account Takeovers 93

PYMNTS

SEPTEMBER 10, 2018

Credit Unions Eyeing Data Security, Too. That seems to be a promising data point showing a continued embrace of technology in financial services. And yet the consumers using those same banking services worry about data privacy a lot – 89 percent of them do, in fact. Money Laundering Weaknesses.

Credit Union 46

Credit Union Money Laundering Breach Online and Mobile Banking 46

Basis Theory

FEBRUARY 25, 2025

trillion in 2025, and the increasing number of data privacy regulations, like CCPA and the GDPR, businesses need to use confidential information intelligently. Data masking offers a smart way to minimize or eliminate compliance requirements while maintaining day-to-day operations. Well get into encryption a bit more, later).

Encryption 100

Encryption Origination CCPA Returns 100

PYMNTS

FEBRUARY 15, 2018

In the wake of breaches that have compromised the data of millions of Americans and companies as far-flung as Equifax and Uber, industry observers and participants told a House subcommittee on Wednesday that data security should be standardized at a national level. Rotenberg voiced that countries outside the U.S.

Data Security 40

Data Security Security Breach Privacy 40

PYMNTS

DECEMBER 11, 2017

But that could change if the Senate can pass the Data Security and Breach Notification Act , which would require companies to report data breaches within 30 days. If an individual knowingly conceals a data breach, he or she could face up to five years in prison.

Bitcoin 44

Bitcoin Breach Data Breach FDIC 44