A lawyer on Monday (Dec. 9) was convicted in Swiss court of laundering money and forgery for stealing shares from Belgium’s richest family, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
International Investment Group (IIG), which provides loans to small and medium-sized businesses (SMBs), lost its license after the U.S. Securities and Exchange Commission (SEC) revoked it for “a string of frauds,” according to the Global Trade Review. Get the Full Story Complete the form to...
A South Korean court slapped three Samsung Electronics executives with jail sentences Monday (Dec. 9) for evidence tampering during an accounting fraud investigation, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Everything has a price. And the price for a richer consumer experience online and via mobile — one of the defining trends of payments and commerce in 2019, and probably well into the 2020s — is that the code that creates those experiences often leave opening...
The Federal Trade Commission (FTC) found on Friday (Dec. 6) that British political consulting firm Cambridge Analytica lied to people about the data it was collecting from Facebook, and that it used it to profile and target voters, according to a report by Reuters. Get...
As suspicions surrounding the app’s ties to China continue to increase, TikTok chief Alex Zhu will meet with legislators in Washington, D.C. next week. U.S. Sen. Marsha Blackburn (R-Tenn.), who has been an outspoken critic of the tech industry and especially TikTok, will meet with...
Call it Russian interference of a different sort that netted $100 million from banks and financial institutions (FIs) in more than 40 countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Computing and security company Instart has released a new product meant to fight against the practice of eSkimming, which is when criminals scan websites for personal information entered into forms online. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The PCI Security Standards Council has issued a new data security standard that will allow vendors to provide merchants with tap-and-go payment solutions that have been developed and lab-tested to protect payment data. Get the Full Story Complete the form to unlock this article and...