News

Security & Fraud
Twitter Hack Of Kardashian, Obama And 130+ Other A-Listers Invites FBI Probe
July 17, 2020

The FBI is investigating the worst security breach in Twitter’s 14-year history, as hackers commandeered more than 100 high-profile accounts, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital Banking
Live Chat: The Three Things FIs Must Do To Deflect Big Tech
July 17, 2020

The pandemic and the resulting digitization of many consumers’ lives didn’t create the digital transformation in financial services; that was already underway. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Digital Banking
Helping Big Banks Overcome Their Cloud Paralysis
July 17, 2020

Migrating to the cloud is an imperative part of traditional financial institutions’ (FIs’) ability to compete with digital-native FinTechs. The technology lays the foundation for modern, agile products and services, with enough flexibility to evolve as market conditions and customer demands change. Get the Full...

Retail
Retail Recovery Veils Serious Headwinds
July 17, 2020

Despite some positive key performance indicators delivered this week, the U.S. retail and economic recovery is still facing serious headwinds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Wirecard Exec Admits Role In German Company’s Collapse, Attorney Says
July 16, 2020

One of the unnamed jailed executives in the Wirecard scandal has reportedly admitted guilt to the multi-billion-dollar fraud and money laundering case, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
BaFin Downplayed Wirecard Complaints, Report Says
July 16, 2020

German market watchdog Federal Financial Supervisory Authority, or BaFin, has come under fire for its actions in the Wirecard scandal, as the regulator reportedly failed to investigate warnings about the payments firm and instead cast more scrutiny on accusers, The Wall Street Journal (WSJ) reported....

B2B Payments
ACI Worldwide Adds More Digital Overlay Services For Contactless B2B Payments
July 16, 2020

ACI Worldwide, which provides electronic payment and banking solutions, has added new digital overlay services that it says will help to speed up real-time payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
UNFCU, Thunes Partner To Allow B2B Transfers In Local Currencies
July 16, 2020

United Nations Federal Credit Union (UNFCU) has partnered with cross-border payment network Thunes in order to bring mobile wallet money transfers in local currencies to members, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
New York Threatens NYC Restaurant Closures As State Prepares For Second Outbreak
July 16, 2020

New York Gov. Andrew Cuomo is threatening to close down restaurants that are not following social distancing rules to stem the coronavirus, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...