City Union Bank Says Hackers Transferred $2M
City Union Bank Says Hackers Transferred $2M
February 19, 2018  |  Fraud Attack

City Union Bank, the Indian bank, disclosed this past weekend that it was hacked — with bad guys transferring close to $2 million. Get the...

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J.Crew Hires Starbucks’ Former Digital Leader
J.Crew Hires Starbucks’ Former Digital Leader
February 19, 2018  |  Retail

Starbucks has announced that its digital leader, Adam Brotman, is leaving the company to become the chief experience officer at J.Crew. Get the Full Story...

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Cyberattacks Cost US Economy As Much As $109B In 2016
Cyberattacks Cost US Economy As Much As $109B In 2016
February 19, 2018  |  Security & Fraud

Cyberattacks cost the U.S. economy upwards of $109 billion in 2016, with activity coming from inside the country as well as outside. Get the Full...

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Careem Buys RoundMenu To Launch Food Delivery Service
Careem Buys RoundMenu To Launch Food Delivery Service
February 19, 2018  |  Delivery

Careem, the ride-hailing company based in the Middle East and an Uber rival, announced Sunday (Feb. 18) that it acquired RoundMenu, the restaurant listing and...

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The US Might Need A New Way To Regulate Cryptocurrencies
The US Might Need A New Way To Regulate Cryptocurrencies
February 19, 2018  |  Bitcoin

As the popularity of bitcoin and other digital currencies grows, would it make sense for the U.S. government to create a new watchdog to oversee...

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Indian Banks Could Take $3B Hit From Punjab National Bank Scheme
Indian Banks Could Take $3B Hit From Punjab National Bank Scheme
February 19, 2018  |  International

Indian banks could be on the hook for more than $3 billion thanks to a massive fraud scheme revealed by Punjab National Bank last week....

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Facebook To Confirm Political Ad Buyers Via Snail Mail
Facebook To Confirm Political Ad Buyers Via Snail Mail
February 19, 2018  |  Facebook

Anyone wanting to purchase an election-related advertisement on Facebook’s U.S.-based social media platform will now get a postcard in the mail to verify their identity....

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Alacriti CEO: Voice And The Rise Of ‘Elegant’ Payments
Alacriti CEO: Voice And The Rise Of ‘Elegant’ Payments
February 19, 2018  |  Artificial Intelligence

“Elegant” as a descriptor doesn’t make many appearances in the world of financial services or payments, which tend to favor other terms. “Disruptive” is a common attribute, as is “innovative.” “Cutting-edge,”...

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As Audits Loom, AP Automation Moves To Top Of Mind
As Audits Loom, AP Automation Moves To Top Of Mind
February 19, 2018  |  Payment Methods

You could call accounts payable (AP) the last mile of payments in a way. Or perhaps AP stands for the last mile of automated processes?...

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