Collaborate Disseminate
Sontiq announced the addition of Walter Hoffman as Vice President of Public Sector Sales. An experienced public sector sales executive, Hoffman will help expand Sontiq’s work with government, education and other public sector entities around personal i… Continue reading Walter Hoffman joins Sontiq as Vice President of Public Sector Sales
For more than 20 years, VMware has powered essential business applications around the world. More than 300,000 organizations have built and run more than 85 million workloads on VMware, and more than five million developers build apps on VMware technol… Continue reading VMware Cloud enables orgs to accelerate app modernization across the data center, edge and cloud
ACI Worldwide announced the appointment of two new independent directors, Mary Harman and Samir Zabaneh, to the company’s Board of Directors. Ms. Harman most recently served as Managing Director, Enterprise Payments at Bank of America Corporation, havi… Continue reading ACI Worldwide appoints two independent directors to its Board of Directors
If you sell Web-based software for a living and ship code that references an unregistered domain name, you are asking for trouble. But when the same mistake is made by a Fortune 500 company, the results can range from costly to disastrous. Here’s the story of one such goof committed by Fiserv [NASDAQ:FISV], a $6 billion firm that provides online banking software and other technology solutions to thousands of financial institutions. Continue reading Fintech Giant Fiserv Used Unclaimed Domain
After more than a year of legal wrangling and bureaucratic delays, a major lawsuit is moving forward against a fintech giant for its allegedly lax cybersecurity practices. A Pennsylvania credit union is taking on Fiserv, a Fortune 500 company that claims clients in over 100 countries, in a case that is a test of the legal obligations big financial firms have to protect client data. Bessemer System Federal Credit Union’s (FCU) originally sued Fiserv in April 2019. After moving to federal court, the case took on new life Tuesday when a judge in the Western District of Pennsylvania ruled that the court would hear some of the credit union’s claims against Fiserv. The credit union accuses Fiserv, one of three companies that provide the majority of digital infrastructure used by small banks, of taking cybersecurity for granted. “Rather than addressing the problems by updating its security, Fiserv continued to use […]
The post Credit union’s lawsuit against Fiserv is a test for cybersecurity liability appeared first on CyberScoop.
Continue reading Credit union’s lawsuit against Fiserv is a test for cybersecurity liability
Fiserv, a leading global provider of payments and financial services technology solutions, announced it has launched a unique offering designed to reduce the number of legitimate debit card transactions that are wrongly identified and declined as fraud… Continue reading Fiserv reduces the number of legitimate debit card transactions wrongly identified as fraudulent
Businesses can better secure customer data with a new solution from Fiserv, a leading global provider of payments and financial services technology solutions. TransArmor Personal Data Protection from Fiserv, which incorporates industry-leading data sec… Continue reading TransArmor Personal Data Protection from Fiserv tokenizes and encrypts personal data
A Pennsylvania credit union is suing financial industry technology giant Fiserv, alleging that “baffling” security vulnerabilities in the company’s software are “wreaking havoc” on its customers. The credit union said the investigation that fueled the lawsuit was prompted by a 2018 KrebsOnSecurity report about a glaring security weakness a Fiserv platform that exposed personal and financial details of customers across hundreds of bank Web sites. Continue reading Credit Union Sues Fintech Giant Fiserv Over Security Claims
Fiserv, a leading global provider of financial services technology solutions, has launched capabilities that enable financial institutions to enhance cybersecurity while improving the customer experience. The company has launched SecureNow: Login Defen… Continue reading Fiserv unveils enhanced authentication capabilities for financial institutions
Let me cut to the chase: The financial services industry is rapidly changing to satisfy its new best friend, millennials. There’s no getting around it; their sheer numbers necessitate attention. Millennials represent one in three Americans in th… Continue reading Millennials “Swipe Right” On Fintech and Security