News

Security & Fraud
Chinese Ties To Equifax Hack Signal Tough Questions On IP, Trade
February 10, 2020

Not long ago, it seemed that Iran was the central cyberthreat to the U.S., at least in terms of immediacy. 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
DOJ Indicts Four Chinese Army Spies For Equifax Hack
February 10, 2020

Federal prosecutors charged four Chinese intelligence officers on Monday (Feb. 10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the largest data breaches in history, according to The Wall Street Journal. Get the Full Story Complete the form to unlock...

Retail
Early Days: AI Shows Promise And Limitations For Retailers
February 10, 2020

This is easy. Hire a data scientist. Or reassign the ones you have. Give said scientist(s) a budget to lease a Tensor Flo server with Google and start parsing transaction data. Use data to build an algorithm. Start creating more customer data to feed the...

Retail
Taking A Sharing Economy Approach To Hotel Booking
February 10, 2020

Roost Co-founder and CEO Sam Tate went on an extended vacation two summers ago after his junior year of college. It was a “month-long solo backpacking trip to Europe,” he told PYMNTS in an interview. Tate visited many cities on the excursion, which was also the...

Retail
Simon, Taubman Join Forces To Save The Mall
February 10, 2020

As retail owners face the challenge of decreased foot traffic and store closures brought on by the rise of eCommerce, mall owners have been aiming to change their properties with the introduction of dining options, entertainment and other features. And two mall owners are joining...

Retail
Samsung Reveals Upcoming Foldable Phone During Academy Awards
February 10, 2020

In an Academy Awards TV advertisement that hinted at the features of the new device, Samsung unveiled its new foldable phone. The new device, which is rumored to be called the Galaxy Z Flip, seems to open upwards instead of outwards like the Galaxy Fold,...

Artificial Intelligence
Kount Launches AI Solution For Real-Time Identity Trust
February 10, 2020

Fraud prevention firm Kount is introducing the Identity Trust Global Network for the establishment of real-time identity trust using artificial intelligence (AI), Kount announced today (Feb. 10). The Boise, Idaho-based cybersecurity firm said Identity Trust establishes “trust for each identity behind every interaction, including payments, account...

B2B Payments
How Payments Power Small Businesses’ Mobile Banking Adoption
February 10, 2020

Small businesses (SMBs) seem to have crossed a threshold over the last few years. In 2017, researchers at RateWatch found that small businesses were skeptical of mobile banking services, with more than one-third of SMB owners having never used a mobile banking solution, even when their...

B2B Payments
Mark Cuban Among Professionals Who Have Faced AP Fraud
February 10, 2020

From payroll to accounts payable (AP), B2B payments fraud continues to threaten organizations of all sizes, industries and geographies. 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...