News

Investments
India’s Shuttl Lands $36M To Expand App-Driven Bus Service
November 25, 2019

India’s Shuttl, a startup that runs an app-based bus aggregator service, announced that it has raised $36 million in new funding. Toyota Tsusho Corporate and SPARX Group, via its Mirai Creation Fund II, as well as unnamed investors, participated in the Series C funding round....

Banking
People’s Bank Of China: Hundreds Of Country’s Banks At Risk
November 25, 2019

This past year has been difficult for Chinese banks, and the country’s central bank, People’s Bank Of China, said that about 13 percent of the country’s financial institutions were considered “high risk,” according to Bloomberg.  Get the Full Story Complete the form to unlock this...

Security & Fraud
Unencrypted Vistaprint Database Exposed Personal Customer Data
November 25, 2019

Printing company Vistaprint left an online database containing customer interactions unencrypted, according to a report. 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,...

Security & Fraud
Malicious Apps Gained Access To Some Facebook, Twitter Users’ Personal Info
November 25, 2019

After using their accounts to log into specific Android apps downloaded from the Google Play store, Twitter and Facebook noted that the personal information of hundreds of users might have been accessed improperly. The tech firms received a report from researchers who came across the oneAudience software...

Partnerships / Acquisitions
SoftBank’s $3B WeWork Offer Is Now Official
November 25, 2019

SoftBank has officially offered $3 billion for WeWork stock in a move that’s been anticipated for some time, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
Just Eat Recommends Declining Prosus Offer In Favor Of Takeaway
November 25, 2019

British online food and delivery company Just Eat is asking its shareholders to hold off on approving an offer from Prosus, saying they should accept a smaller deal from Takeaway.com instead, according to a report by Reuters. Get the Full Story Complete the form to...

Security & Fraud
Swedish Cybersecurity Firm Raises $23M To Enhance ‘Ethical Hacker’ Network
November 25, 2019

Sweden-based Detectify, a crowd-based online security company that incentivizes “elite hackers” to help developers stay abreast of security issues, has raised €21 million in a funding round, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Kaspersky: Fake Push Notifications Have Grown Nearly 70 Pct In 2019
November 25, 2019

Cybersecurity company Kaspersky is highlighting a rise in fake browser notifications this year, according to a press release. 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...

Security & Fraud
Cyber Insurance Market Expected To Reach $15B By 2022
November 25, 2019

As data breaches and ransomware hacks escalate, cyber protection is becoming one of the fastest-growing insurance industry sectors, a Financial Times special report indicated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...