The Fintech Times

MARCH 10, 2025

Digital payments giant Visa has launched Tap-to-Add Card in the Egyptian market, enabling cardholders to add their Visa contactless cards to digital wallets with a simple tap on their mobile device. The post Visa Launches Tap-to-Add Card in Egypt to Bolster Digital Payment Adoption and Card Security appeared first on The Fintech Times.

Digital Payments

Fintech Finance

MARCH 28, 2025

The report revealed an alarming trend in the democratization of payment fraud: 34% of consumers have seen offers to participate in payment fraud online—an 89% increase over 2024. These configurations equip individuals with the ability to test compromised payment information and login credentials with minimal technical expertise.

Consumer

Fintech Finance

NOVEMBER 28, 2024

Serenity , a tech and blockchain solution provider, and IDEMIA Secure Transactions (IST), a global leader in payment and connectivity solutions, announced the launch of sAxess , a biometric security card to improve data access control, security, and recovery.

Security

Finextra

JULY 7, 2025

In short, from faster payments (60 percent quicker) to safer transactions and $40 million profit bumps from automated support, AI is quietly rewriting banking’s cost, risk and customer-experience equations in real time. Visa’s AI defenses ultimately make digital payments more secure and seamless for millions of users.

AI

The Payments Association

JUNE 11, 2025

The platform risk paradox: Managing digital commerce fraud at scale 12 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? Andrew Doukanaris Ambassador, TPA "Payment companies must embrace smarter collaboration to stay resilient amid a rapidly evolving threat landscape. Why is it important?

Risk

Fintech Review

NOVEMBER 28, 2024

Dubai, UAE, November 28th, 2024, Chainwire Serenity , a tech and blockchain solution provider, and IDEMIA Secure Transactions (IST), a global leader in payment and connectivity solutions, announced the launch of sAxess , a biometric security card to improve data access control, security, and recovery.

Security

Finextra

JUNE 26, 2025

The global digital payment landscape is experiencing a period of explosive growth, with e-retail sales projected to approach $8 trillion by 2025. billion by 2027, with e-commerce businesses alone anticipated to incur an estimated $48 billion in losses to online payment fraud in 2023. billion in 2024.

Stablecoins

The Fintech Times

JUNE 26, 2025

The London-based fintech is planning expansion into new markets and sectors, building on its instant payments and identity platform for igaming. Craig Ramsey, head of real-time and account-to-account payments at ACI Worldwide, has been elected to the US Faster Payments Council board of directors.

FinTech

Finextra

JUNE 26, 2025

The global digital payment landscape is experiencing a period of explosive growth, with e-retail sales projected to approach $8 trillion by 2025. billion by 2027, with e-commerce businesses alone anticipated to incur an estimated $48 billion in losses to online payment fraud in 2023. billion in 2024.

Stablecoins

PYMNTS

APRIL 19, 2019

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers. Many customers have recently posted on social media that orders placed at the restaurant fraudulently used their payment cards during the first few weeks of April. billion and $1.34

Credential

VISTA InfoSec

MAY 12, 2024

Let’s look at some best practices you’ll want to implement to keep payment data safe from cybercriminals: 1. To keep your business secure, only engage with payment processors and vendors that comply with PCI DSS. To keep your business secure, only engage with payment processors and vendors that comply with PCI DSS.

PCI DSS

PYMNTS

OCTOBER 17, 2018

Visa announced today the commercial expansion of its Visa Token Service for “credential-on-file token requestors.” Network tokens offer merchants an appealing solution to boosting the security of transactions while also helping merchants manage the account credentialing that is now the reality of multichannel retail payments.

Credential

PYMNTS

JANUARY 14, 2020

But for many service providers, achieving one can often mean compromising the other. Financial services and payments companies today are required to enable and support innovative new ways for customers to conduct financial transactions from any device, and from any location, without exposing themselves or their data to risk,” he said.

Security

VISTA InfoSec

JUNE 3, 2024

Weak or compromised passwords are often the weak link in an organization’s security chain, providing an easy entry point for cybercriminals. According to a Verizon report , over 80% of hacking-related breaches are due to compromised passwords. PCI PIN and PCI DSS: Standards for securing payment card data.

MFA

PYMNTS

JUNE 23, 2020

Consumers need to know that personal and payments-related data are secure. Reducing fraud is critical, as fraudsters look toward new avenues of stealing credentials and draining accounts. As most people reading this well understand, tokenization uses unique identifiers to replace sensitive payment data.

Credential

Nanonets

NOVEMBER 14, 2023

Business Email Compromise (BEC) is a cyber threat that exploits the vulnerabilities of email communication. Perpetrators impersonate trusted entities, such as executives or vendors, employing social engineering techniques to coerce employees into compromising actions. What is Business Email Compromise (BEC)?

Email Compromise

PYMNTS

AUGUST 24, 2020

This week's B2B Data Digest looks at the rising threat of the business email compromise (BEC) scam and invoice fraud on companies of all sizes in the U.S., A 60 percent increase in ransomware payments signals continued B2B payment attacks, according to the latest data from Coveware. Canada and the world over.

Scams

PYMNTS

FEBRUARY 1, 2021

40 legitimate email accounts of company executives have been compromised in a phishing campaign targeting businesses , according to Gov Info Security reports. Cybercriminals are using the tactic to steal company credentials, including executive email addresses, which are then sold on the dark web.

Data Breach

Seon

JUNE 15, 2023

Business email compromise (BEC) attacks can be a major risk to businesses’ finances and reputations. Let’s look at what business email compromise attacks are and explore some of the many ways you can combat them. What Is a Business Email Compromise Attack? Reported losses in 2020 exceeded $4.2

Email Compromise

PYMNTS

NOVEMBER 25, 2020

The SEC warned in October that cyberattacks on corporations had been increasing, and businesses were advised to include multi-factor authentication to prevent credential compromises. Morgan Chase found that 81 percent of business owners reported experiencing payments fraud in 2019. And in another recent study, J.P.

Cybersecurity

PYMNTS

JULY 22, 2019

Apps with a possible security flaw, a malware phishing scheme and possibly, payments fraud, all done in the blink of an eye? In reference to payments, a hacker could conceivably change an invoice to help divert funds into different accounts. The apps have, cumulatively over 1.5 billion users.

Phishing

Fintech Finance

NOVEMBER 6, 2024

As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day.

Visa

PYMNTS

APRIL 14, 2019

According to reports citing Microsoft, the company confirmed that a “limited” number of webmail users — including @msn.com and @hotmail.com — saw their accounts compromised by hackers. It also appears the bad guys didn’t access login credentials including passwords. Microsoft said affected users should change their passwords.

Breach

PYMNTS

OCTOBER 26, 2016

From Wi-Fi hotspots to printers, unsecured routers to digital video recorders — connected devices can be vulnerable to hacks and, when compromised, are being used by hackers to launch significant distributed denial-of-service (DDoS) attacks. Going Beyond PCI. to provide additional layers of security. Covering All The (Data) Bases.

Payment Security

PYMNTS

NOVEMBER 16, 2020

As consumers turn to more digital, rather than customer-present interactions, it changed a lot of the ways consumers are interacting with payment systems,” Ragan told PYMNTS. Consumers should also take pains not to re-use passwords and strive to use good credential management. At The Consumer Level.

Identity Theft

Fintech News

MAY 1, 2025

Social engineering involves the psychological manipulation of individuals to trick them into taking actions that compromise security or reveal confidential information. The use of stolen credentials is also widespread in APAC, present in 55% of breach cases in 2024. These are often paired with ransomware to infiltrate systems.

APACS

PYMNTS

DECEMBER 17, 2019

An unidentified group is reportedly putting much effort into a complicated scam to steal the login credentials of government personnel. The victim is then offered a choice of logging in through email credentials from providers such as Google, Microsoft and Yahoo. Anomali, a security firm, says it has found bogus websites of the U.S.,

Credential

VISTA InfoSec

DECEMBER 19, 2024

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides secure and reliable communication networks for over 11500 connected financial institutions to facilitate cross-border payments and securities transactions. Know and Limit Access Prevent compromise of credentials Manage identities and segregate privileges 3.Detect

SWIFT

PYMNTS

NOVEMBER 16, 2020

The risk of fraud continues to climb for organizations of all sizes as the latest data reveals third-quarter spikes in business email compromise and ransomware scams. 155 percent more cases of invoice and payment fraud hit organizations from Q2 to Q3 , the latest analysis from Abnormal Security has found.

Business Email Compromise

Payments Source

JUNE 1, 2017

Kmart has been hit with a malware attack that has resulted in the compromise of payment card credentials for the second time in three years.

Credential

PYMNTS

AUGUST 16, 2019

The airline claims that 24[7] fell short of implementing basic security controls like forbidding workers from using the same login credentials or requiring multifactor authentication for employees accessing source code. According to the news outlet, hackers changed the source code of the chatbot via compromised credentials.

Data Breach

PYMNTS

MAY 13, 2020

Visa said Wednesday (May 13) that 28 new partners — spanning a range of gateway acquirers and technology partners — are joining Visa Token Service as credential on file token requestors. It’s a multipronged approach,” he told PYMNTS, which augments other tools the payments network has in place to make commerce secure.

Credential

The Fintech Times

MAY 9, 2024

Enumeration attacks, where threat actors use automated scripts or botnets to repeatedly submit card-not-present (CNP) transactions using different combinations of payment values, such as a primary account number (PAN), a card’s verification value (CVV2), expiration date and postal code, cause as much as $1.1billion annually in fraud losses.

AI

VISTA InfoSec

NOVEMBER 7, 2023

Man-in-the-Middle attacks : Attackers secretly intercept and relay communication between two parties, potentially capturing login credentials. Brute force attacks : Cyber attackers use trial-and-error methods to guess login credentials, exploiting weak passwords. System verification : The system checks the entered credentials.

Authentication

PYMNTS

DECEMBER 7, 2020

Business email compromise (BEC) scams continue to ravage company coffers. IBM researchers Claire Zaboeva and Melissa Frydrych said the aim of the attack "may have been to harvest credentials to gain future unauthorized access," possibly with an intent to obtain information into vaccine distribution strategies.

Business Email Compromise

PYMNTS

JUNE 21, 2016

Computer manufacturer Acer announced that hackers may have stolen the payment credentials of thousands of its customers. The company notes that the credentials may have been breached by a third party between the dates of May 12, 2015 and April 28, 2016. Canada and Puerto Rico, according to a letter from the company.

Compromise

PYMNTS

JUNE 29, 2020

The most popular technique, credential abuse, involves fraudsters using compromised passwords and other login information to gain access to sensitive systems. Any data breach that exposes one of their accounts potentially compromises every account that shares the same password. There were 85.42

MFA