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Headline News from PaymentsNews.com – June 23, 2017

Headline News from PaymentsNews.com – June 23, 2017

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide! ON THE WEB Fed’s Stress Test Puts Focus on Credit Cards – Wall Street Journal (Paywall) – “The Federal Reserve’s annual stress-test of banks showed that credit cards have moved to the top [...]

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Under pressure, Western tech firms bow to Russian demands to share cyber secrets

Under pressure, Western tech firms bow to Russian demands to share cyber secrets

WASHINGTON/MOSCOW Western technology companies, including Cisco, IBM and SAP, are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a Reuters investigation has found. Russian authorities are asking Western tech companies to allow [...]

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Facebook launches UK initiative to counter online extremist material

Facebook launches UK initiative to counter online extremist material

Facebook Inc is launching a UK program to train and fund local organizations to combat extremist material online, as internet companies attempt to clamp down on hate speech and violent content on their services. Facebook, which outlined new efforts to remove extremist and terrorism content from its social media platform last week, will launch the [...]

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