In The News

Big Banks Declare War on Venmo

February 22, 2017
BLOOMBERG -- For years, banks have watched as their youngest customers split restaurant checks, shared utility bills, and pitched in for parties using third-party payment apps such as Venmo. Now, they're trying to take back the person-to-person...
CBS NEWS -- When thieves pose as a customer to gain access to their accounts, it’s called an “account takeover.” In 2016, those instances increased by nearly 40 percent. “Until we institute stronger authentication, stronger controls on accounts...
CNBC -- "Our password hygiene is very poor, and criminals know it," according to Al Pascual. The one bright spot amid all this rising fraud is that tech-savvy consumers tend to spot it quickly, minimizing the financial damage. The...
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