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Recent research shows that the average data breach costs financial institutions (FIs) $210 on average per compromised account, and it costs merchants $119. But on both counts, the costs of lost customers and damaged reputations cannot be quantified – and the importance of securing consumer...
The “Google of the crypto economy” and Netscape 2.0. are just two of the many powerful analogies the Coinbase initial public offering (IPO) garnered on its April 14 debut with a closing stock price of $328.28 and an $85.8 billion market cap. It’s been a...
Chinese companies are listing on U.S. exchanges at a record pace, Bloomberg News reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Clubhouse will work with the National Football League (NFL) to put out an exclusive lineup of programming for the week of the 2021 NFL draft, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Darktrace, a cybersecurity company, will be slashing the value of its forthcoming London flotation, looking instead for a cautious approach to avoid the kind of disaster that befell Deliveroo’s attempt, a Sky News report says. Get the Full Story Complete the form to unlock this...
Paxos has initial approval to establish its own “de novo” or new national trust bank after being approved by the Office of the Comptroller of the Currency (OCC), according to a company blog post. Paxos will be the first cryptocurrency-native company to attain that status....
Four people linked to Turkish crypto exchange Vebitcoin have been arrested and accused of fraud, according to a report from BBC. Officials launched an investigation and blocked the accounts of the platform. Get the Full Story Complete the form to unlock this article and enjoy...
Super Group, the parent of online betting company Betway, is preparing to go public in a deal that would value Super Group at roughly $5.1 billion, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...