Payments News

On The Web

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Risk

GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

“Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. The attacks were facilitated by scams targeting employees at GoDaddy, the world’s largest domain name registrar, KrebsOnSecurity has learned. The incident is the latest incursion at GoDaddy that relied on tricking employees into transferring ownership and/or control over targeted domains […]
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Risk

Ticketmaster fined £1.25m over payment data breach

“Ticketmaster UK has been fined £1.25m for failing to keep its customers’ personal data secure. The fine was issued by the Information Commissioner’s Office (ICO) following a cyber-attack on the Ticketmaster website in 2018. The ICO said personal information and payment details had potentially been stolen from more than nine million customers in Europe. Ticketmaster […]
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On The Wires

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Deals

Nasdaq to Acquire Verafin, Creating a Global Leader in the Fight Against Financial Crime

“Nasdaq, Inc. (Nasdaq: NDAQ), a global technology company, and Verafin , an industry pioneer in anti-financial crime management solutions, today announced that they have entered into a definitive agreement for Nasdaq to acquire Verafin for US$2.75 billion in cash, subject to customary adjustments. The agreement will combine Verafin’s comprehensive suite of anti-financial crime management products with Nasdaq’s reach and […]
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Companies

Keyno, Michigan State University Federal Credit Union, and Visa Launch Pilot Program Offering New Approach to Online Payment Security

“With e-commerce increasing sharply in the midst of the COVID-19 pandemic, a less positive trend has followed – an increase in fraud related to online and in-app purchases. Keyno, maker of CVVkey™ technology that uses dynamic card verification value 2 (CVV2) code technology, today announced a pilot program with Michigan State University Federal Credit Union […]
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Risk

Fraud Prevention Made Even Stronger with the Launch of LexisNexis Emailage

“LexisNexis® Risk Solutions today announced the availability of LexisNexis® Emailage® , a powerful fraud risk scoring solution fueled by email intelligence to help companies balance a seamless user experience with robust fraud detection and prevention capabilities. This solution helps solve both of these challenges by allowing organizations to confidently assess risk, approve transactions faster and […]
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Risk

Acuant Launches Acuant®GO No Code IDV and KYC Solutions for Agile Digital Transformation

“Acuant , a leading global provider of identity verification solutions, today announced the launch of Acuant®GO , a suite of no code solutions. Acuant®GO delivers the power of the Acuant’s Trusted Identity Platform at lightning speed. It is the fastest way to go-to-market and deploy mobile and web identity verification and KYC/AML that meet regulatory, business […]
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Risk

LexisNexis® Risk Solutions Delivers Fraud Detection Capabilities and Insight into Identity Event and Application Activity through New LexisNexis® Fraud Intelligence Product

“LexisNexis® Risk Solutions today announced LexisNexis® Fraud Intelligence , the newest addition to the company’s suite of fraud and identity products. LexisNexis Fraud Intelligence is a non-FCRA solution that helps organizations mitigate new account fraud risk by bringing together identity events and consumer application activity to arrive at a comprehensive, powerful score that offers complete view […]