News
Betterment Says Social Engineering Attack Enabled Data Breach and Unauthorized Messages
3+ hour, 20+ min ago (429+ words) Investing and savings app Betterment'said Monday (Jan. 12) that a social engineering attack led to its customers receiving an unauthorized message promoting a crypto-related promotion and to an unauthorized individual gaining access to customer information. Betterment had told its customers Friday…...
Torq Raises $140 Million for Agentic AI-Powered Cybersecurity Platform
5+ hour, 49+ min ago (418+ words) Torq raised $140 million in a Series D funding round to accelerate the adoption of its security operations center (SOC) platform for global enterprises and government agencies. The Torq AI SOC Platform uses artificial intelligence agents to manage security tasks, the…...
Obol to Expand Cash Flow Management Platform to Australia
11+ hour, 25+ min ago (412+ words) Obol will begin offering its artificial intelligence-driven cash flow management platform in Australia in February. The company began accepting pre-release sign-ups from Australian businesses Monday (Jan. 12), it said in a Monday press release. "Australia represents a major milestone in Obol's…...
Shared Signals Are Helping Banks Stop Fraud Sooner
3+ day, 18+ hour ago (568+ words) The goal for financial institutions isn't to keep pace with the artificial intelligence-driven evolution of fraud. It's to outpace it. The PYMNTS Intelligence report "2025 State of Fraud and Financial Crime in the United States," commissioned by Block, found that financial…...
EU Antitrust Review of Google-Wiz Deal Draws Intense Scrutiny Ahead of 2026 Deadline
4+ day, 7+ hour ago (379+ words) The decision is being closely watched across the technology sector and financial markets, as it may influence how future large-scale tech mergers are handled in Europe. Investors tracking artificial intelligence and cloud-related stocks are also paying attention, given the growing…...
Googleâs $32 Billion Wiz Acquisition Faces EU Decision
4+ day, 7+ hour ago (419+ words) A regulatory decision on'Google's largest ever acquisition could be weeks away. European competition regulators will decide by Feb. 10 whether to allow the company's $32 billion acquisition of cybersecurity provider'Wiz, according to a'filing'on the European Commission (EC) website. Google'announced'the deal in March,…...
AI-powered Cyberattacks Pose New Security and Regulatory Compliance Challenges
4+ day, 8+ hour ago (272+ words) The absence of those traces presents legal and governance challenges, particularly for organizations subject to regulatory scrutiny. Conventional incident response playbooks assume that system-level logs can reconstruct events and establish causation. AI-driven attacks undermine that assumption, forcing companies to rethink…...
Fraud Orchestration Puts Merchants Back in Charge
5+ day, 18+ hour ago (717+ words) For years, fraud prevention lived in the shadows of digital commerce. It was essential, yes, but also costly and largely invisible. Merchants typically treated it as a tax on growth, something to be minimized rather than mastered. Risk decisions were…...
Banking Startup Kontigo Promises Refunds After Stablecoin Hack
6+ day, 13+ hour ago (402+ words) Banking startup'Kontigo'says it will reimburse more than 1,000 customers following a hack. That hack affected $340,905 worth of these customers" stablecoins, the company said in an X post'flagged'by Bloomberg News Monday (Jan. 5). "We detected unauthorized access that affected funds of some users,…...
How Credit Unions Became FinTechs’ Best Bet for Scale
6+ day, 18+ hour ago (467+ words) An industry once dominated by national banks is being reshaped as FinTechs turn their attention to smaller institutions, with credit unions emerging as the partnership destination of choice. That shift is not anecdotal. PYMNTS Intelligence data from the latest Credit…...