News

Retail
The Stakes Have Never Been … ‘Steakier’
October 10, 2020

In the absorbing 2015 documentary “Steak (R)evolution,” a French chef cries out, “To beef, or not to beef?” For carnivores and omnivores, that’s what you call a silly question. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
VCs And SPACs Raise $1B+ To Invest In Cloud, AI And More Despite Pandemic
October 09, 2020

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Get the Full Story Complete the form to unlock this article and enjoy...

Risk Management
Report Warns Of Aviation Cybersecurity Risks
October 09, 2020

A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. Get the Full Story Complete the form to unlock...

Security & Fraud
Robinhood Reports Potential Hacking Incident
October 09, 2020

Online brokerage Robinhood, which offers a suite of tools aimed at making investing easy and comparatively cheap for the uninitiated, said on Friday (Oct. 9) that hackers may have gained information about customers’ personal email accounts, Reuters reported. Get the Full Story Complete the form...

Security & Fraud
Feds Charge Texas Man With CARES Act Fraud
October 09, 2020

Federal prosecutors on Thursday (Oct. 8) charged a Dallas-area man with allegedly playing a role in a scheme that sought to fraudulently obtain $24.8 million in federal Paycheck Protection Plan (PPP) funds, which are backed by the Small Business Administration (SBA) under the Coronavirus Aid,...

Investments
Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
October 09, 2020

New York City-based FinTech startup Clair has raised $4.5 million in seed funding to disrupt payday lending schemes and help gig workers and freelancers get paid instantly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

News
Today In Payments: Central Banks Frame Criteria For Digital Currency; Amazon India Gets $95.5M For...
October 09, 2020

In today’s top news, the Federal Reserve and seven central banks are collaborating on a framework for digital currency, and Amazon India prepares for its festive season with a $95.5 million boost. Plus, Affirm files for an IPO. Get the Full Story Complete the form...

International
Google Backlash Triggers Indian Movement To ‘Free The Internet’
October 09, 2020

Vijay Shekhar Sharma, Indian billionaire and founder of payments decacorn Paytm, is leading a charge to topple Google’s dominance over the internet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Security & Fraud
New US ‘Cryptocurrency Enforcement Network’ Takes Aim At Bitcoin Scammers
October 09, 2020

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. For instance, a new U.S. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address...