News

Investments
WeWork Write-Off Triggers $6.5B Loss For SoftBank 
November 06, 2019

Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6), its first quarterly drop-off in 14 years and far larger than analysts’ estimates, Bloomberg and other news outlets reported.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
When Being Proactive Creates Fraud Blind Spots
November 06, 2019

When it comes to fighting fraud, it’s not really what you know – not exactly, at least. It’s what you don’t know, and how you go about finding those gaps and putting up defenses via better data and new technology. Get the Full Story Complete...

Regulation
Why Barclaycard Says Consumers Are Key To SCA Success
November 06, 2019

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, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Security & Fraud
Data Breach Impacts 4.2M Members Of Canadian Cooperative
November 06, 2019

The Canadian cooperative Desjardins Group has revealed that a data breach impacted all its 4.2 million members. 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...

Security & Fraud
Bug In Robinhood App Allows Borrowing Of Excess Funds
November 06, 2019

Robinhood Markets is reportedly experiencing a glitch that enables users to trade stocks with (essentially) free money. 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...

Partnerships / Acquisitions
Wirecard To Buy China’s AllScore To Expand Cross-Border Licenses
November 05, 2019

Wirecard announced that it is set to gradually acquire all shares in Bejing-based AllScore Payment Services so it can expand into cross-border licenses. After the deal is closed, Wirecard will hold 80 percent of the shares in AllScore. There is a call option that will...

Regulation
Lawmakers Push For New Agency Focused On Big Tech Regulation
November 05, 2019

Two Democrats have introduced a new bill that would create a federal agency tasked solely with regulating the tech industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Coca-Cola Supply Co. To Expand Blockchain Efforts After Successful Trial
November 05, 2019

Coca-Cola’s supply chain operations are run by an IT firm called Coke One North America (CONA), and the company recently had such a successful run with blockchain software provider SAP that it’s going to expand the program from two to 70 manufacturers, according to reports. ...

B2B Payments
Workday To Expand Procure-To-Pay Via Scout RFP Acquisition
November 05, 2019

Workday is going to acquire cloud-based procurement and e-software company Scout RFP for $540 million, according to reports. 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...