News

Security & Fraud
Why Fraudsters Like ‘Delivery Attacks,’ And Why AI and ML Alone Won’t Stop Them
May 19, 2020

The pandemic — and specifically, the lockdowns resulting from it — has spurred criminals to shift their cyber fraud schemes to exploit new avenues of attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Amazon Eyes JCPenney Buy
May 18, 2020

Amazon could be in talks to acquire the bankrupt clothing retailer JCPenney, Fox Business reported Monday (May 19), citing Women’s Wear Daily (WWD). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
FTC Refunds $12M To Consumer Victims Of Bogus Online Trial Memberships
May 18, 2020

More than 147,000 consumers who were scammed by I Works are getting full refunds totaling $12 million, the Federal Trade Commission (FTC) announced Monday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Mastercard Launches Anti-Fraud Measures At Gas Pumps
May 18, 2020

Mastercard has announced a series of consumer protections aimed at protecting customers and merchants from fraud at fuel stations. 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...

Retail
Malls Could Become Automated Warehouses For Supermarkets
May 18, 2020

As strip mall owners adjust for the impact of COVID-19, a global research and analysis company recommends landlords should consider building automated warehouses for supermarket tenants to capitalize on the demand for online deliveries, Bloomberg reported. Get the Full Story Complete the form to unlock...

B2B Payments
JCB And TECHFUND Partner For Blockchain Payment System Ideas
May 18, 2020

Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15). Get the Full Story Complete the form to unlock this article...

B2B Payments
UK Banks Hold Internal Investigations Into Business Loan Practices
May 18, 2020

After a financial watchdog raised the issue, banks in Britain are looking into whether they pressed businesses into giving them more work in exchange for loans amid the pandemic. Lenders, with the inclusion of Santander, Deutsche Bank, Barclays and HSBC, are holding internal probes to...

Retail
Broadway Is ‘Frozen’ By The Pandemic, And Live Entertainment’s Future Looks Chilly As Well
May 18, 2020

Summer looms, and for those who had hoped for some return to normalcy — baseball games, movies, trips to New York City to see well, anything — those hopes appear dashed to a large measure. In New York City, Broadway’s shutdown portends a series of...

Investments
SoftBank CEO Says WeWork Investment Was ‘Foolish’
May 18, 2020

It’s not often that a CEO publicly admits they made a blunder, but that’s just what SoftBank Founder and CEO Masayoshi Son did Monday (May 18) regarding the firm’s WeWork investment, which went south, Business Insider reported. Get the Full Story Complete the form to unlock...