Chinese Regulators Prepare To Crack Down On Luckin Coffee
Chinese Regulators Prepare To Crack Down On Luckin Coffee
July 31, 2020  |  Security & Fraud

Regulators in China are preparing to move against once-hot Luckin Coffee Inc., which admitted booking millions of dollars in nonexistent sales, The Wall Street Journal...

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Trio Arrested In Twitter Hack, Including 17-Year-Old Alleged Mastermind 
Trio Arrested In Twitter Hack, Including 17-Year-Old Alleged Mastermind 
July 31, 2020  |  Security & Fraud

Three arrests were made Friday (July 31) in California, including a juvenile, the alleged mastermind, for their alleged roles in the Twitter hack that took...

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Varo Awarded FinTech National Charter
Varo Awarded FinTech National Charter
July 31, 2020  |  Digital Banking

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Get the Full...

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This Week In Payments: The Digital Shift, The Rise In DTC And Big Tech Vs Capitol Hill
This Week In Payments: The Digital Shift, The Rise In DTC And Big Tech Vs...
July 31, 2020  |  News

PayPal and Shopify reported blockbuster earnings results this week, which showed a growing shift to digital amid the pandemic. But that also raises the question:...

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Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers
Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers
July 31, 2020  |  Security & Fraud

Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers...

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Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week’s News
July 31, 2020  |  The Weekender

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Today In Payments: Affirm Preps For IPO; China Considers Alipay, WeChat Pay Antitrust Probe
Today In Payments: Affirm Preps For IPO; China Considers Alipay, WeChat Pay Antitrust Probe
July 31, 2020  |  News

In today’s top news, Affirm is eyeing an IPO that could reach $10 billion, and Alipay and WeChat face an antitrust probe by China’s antitrust...

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Twitter Updates Users On Security Breach
Twitter Updates Users On Security Breach
July 31, 2020  |  Security & Fraud

Twitter continues to inform users about its investigation into a massive security breach two weeks ago when hackers seized control of the celebrity accounts of...

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Charting The Great Digital Shift Through Earnings Reports
Charting The Great Digital Shift Through Earnings Reports
July 31, 2020  |  Earnings

Earnings season is a four-times-a-year scorecard for publicly traded companies. It’s a time for CEOs and CFOs to discuss where they’ve been – and where they...

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