Ransomware, paid in bitcoin, is gaining traction as a way for fraudsters to bilk victims out of their money. Elsewhere, in the UK, business email compromise (BEC) scams are seeing a resurgence, with a doubling in activity as measured year over year.
Auditing expenses without the aid of technology is an inefficient endeavor — and errors or fraud can slip under the radar. AppZen found in recent research that most enterprises doing manual audits examine only 10 percent of their spending. Companies that use AI can audit 100...
Indian startup Lendingkart announced that it has raised $2.95 million in new funding from Sistema Asia Fund. 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...
The opposition U.K. Labour party has announced a plan to let local government reopen closed storefronts that have been unoccupied for at least a year in an attempt to revitalize British high streets, according to a report by The Financial Times. Get the Full Story...
The UK’s Labour party wants to allow local authorities to take over vacant properties in an effort to give the country’s retail market a boost. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
SoftBank is ready to lend up to $20 billion to its employees so they can buy stakes in a fund aimed to spark investment in cutting-edge technology companies around the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
There is no set national date for the beginning of school in the United States because there is no set date to go back to school. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The retirement-focused United Income will now give automated advice as part of Capital One, which is looking to expand its robo-adviser offerings. Capital One purchased the company for an undisclosed amount after taking a 10 percent stake last year, American Banker reported on Friday (Aug....
Amazon customers are saying they have received email updates and invoices about orders that belong to other people, as reported on Friday (Aug. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
