Counterfeiting is stereotypically the domain of luxury goods, where fraudsters dupe unsuspecting shoppers into buying fake handbags, accessories or beauty products. But as with the tainted baby formula scandal a decade ago and more recent vape-related illnesses, possibly due to tampered cartridges, counterfeiting can affect...
Less than a year after launching its corporate virtual card solutions, Australia-based DiviPay has announced new funding from the venture capital arm of ANZ Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When cyberattack NotPetya quickly made its rounds, one of its hardest-hit victims — shipping conglomerate A.P. Moller-Maersk — learned firsthand the threat of a supplier base. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Three Kenya-based online scammers are reportedly headed to sentencing after allegedly stealing $3 million from U.S. companies via the Business Email Compromise scam, reports in The East African said last week. The U.S. Federal Bureau of Investigation (FBI) was deployed to Kenya to investigate the...
American Express has announced a new incentive for small businesses to sign up for its Amazon Business Prime American Express Card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
California-based ForwardLine Financial announced that it has raised $20 million in growth capital, led by Five Oceans Capital and Marsico Enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Former Google leader Alessandra Domizi will take the digital helm of Italian shoe and leather company Tod’s on Oct. 14, Reuters reported Friday (Sept. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Consumer bank Marcus, launched by Goldman Sachs in 2016, has lost $1.3 billion despite buying startups and building call centers in Utah and Texas, The Wall Street Journal reported Saturday (Sept. 28). Get the Full Story Complete the form to unlock this article and enjoy...
China’s financial markets will stay open and foreign investment will be welcomed even though U.S. President Donald Trump is calling to curtail funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...