News

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

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 and two terabytes of data, Reuters reported on Friday (July 31). Get the Full Story Complete the form to unlock...

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

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 regulator. Plus, PayPal talks QR codes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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

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 Joe Biden, Kim Kardashian, Bill Gates and dozens of other A-listers. Get the Full Story Complete the form to unlock...

Regulation
Google, Facebook May Have To Pay Australian News Publishers
July 31, 2020

Two days after Google and Facebook CEOs testified before Congress over alleged antitrust violations, Australia has proposed regulation that could force the tech giants to pay Australian news outlets to distribute their content. Get the Full Story Complete the form to unlock this article and...

IPO
TikTok Owner Eyes Listing Change To Dodge US Sanctions
July 31, 2020

With the Trump administration increasingly signaling that it may ban Chinese technology power-house ByteDance’s blockbuster app TikTok in the United States over concerns of Beijing spying through the program, the business is considering registering as a publicly traded company on exchanges in Shanghai or Hong...

Retail
AI Takes The Measure Of Fashion Retailing
July 31, 2020

Iconic Vogue magazine editor Diana Vreeland once said, “Fashion is part of the daily air and it changes all the time.” Artificial intelligence (AI) is now one of the tools at the retailer’s disposal to keep pace with those changes. Get the Full Story Complete...

Retail
Neiman Marcus Nears End Of Bankruptcy
July 31, 2020

Neiman Marcus could exit Chapter 11 in time for holiday shopping. 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 Today. By completing...

Retail
Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena
July 31, 2020

Authentic Brands Group (ABG), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group, the recently bankrupt parent firm of Ann Taylor, Footwear News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Data, Business Intelligence And Security Lead B2B Funding
July 31, 2020

In a venture capital slowdown, any investment round is a win. 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 Today. By completing...