News

Security & Fraud
JCrush’s Open Database Exposes 200K User Records
June 05, 2019

Dating app JCrush potentially exposed the records of around 200,000 users. The app, designed for the Jewish community, left the database open without a password, exposing user data and private messages, said security researchers Noam Rotem and Ran Locar, according to reports. In addition, none...

Retail
Alipay Merchants Triple In Europe
June 05, 2019

Alipay has tripled its number of merchants in Europe to “tens of thousands” in the past year. 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...

Europe
ECB Policymaker Calls Bank Consolidation ‘Desirable’
June 05, 2019

A European Central Bank (ECB) policymaker has called bank mergers in the EU “desirable,” but admits that it’s ultimately up to individual banks to decide if they would like to consolidate with one another. Get the Full Story Complete the form to unlock this article...

Payment Methods
Wild Cards? eGaming, Payroll, Credit, Provide Fresh Fuel For Prepaid
June 05, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. The real trick is to tie engaging consumer experiences to those cards, which is critical, as prepaid...

Investments
GuardKnox Secures $21M To Boost Cybersecurity For Connected Cars
June 04, 2019

Automotive cybersecurity company GuardKnox announced it has secured $21 million in a Series A round of funding, bringing its total raised to $24 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Highspot Secures $60M In Funding Round Led By ICONIQ Capital
June 04, 2019

Sales enablement platform Highspot announced it has secured $60 million in Series D funding. 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...

Biometrics
Agency Says FBI’s Facial Recognition Tech Falls Short
June 04, 2019

The Government Accountability Office (GAO) and members of congress say the FBI’s use of facial recognition technology isn’t private or accurate enough, according to a report by VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Hertz Tests Vehicle Subscription Program
June 04, 2019

Subscription commerce is everywhere, and that includes via car rental company Hertz. It reportedly announced on Tuesday (June 4) that it is piloting a service called Hertz My Car. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
AI Chip Startup Attracts Bill Gates, Khosrowshahi In $9M Round
June 04, 2019

A next-generation artificial intelligence (AI) chip startup called Luminous has raised $9 million in a seed funding round and attracted investors like Microsoft Co-Founder Bill Gates, Uber CEO Dara Khosrowshahi and Uber Co-Founder Travis Kalanick, according to a report by CNBC. Get the Full Story...