News

Security & Fraud
Equifax Chief Hit By Identity Theft Three Times
February 28, 2019

Equifax CEO Mark Begor revealed that he has been the victim of identity theft three times in the past 10 years during a privacy hearing on Tuesday (February 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Zimbabwe Central Bank Sells $20M For Forex Interbank Market
February 28, 2019

After selling up to $20 million in U.S. cash to banks to trade on a new forex interbank market, Zimbabwe’s central bank is now running out of dollars because of the high demand. Get the Full Story Complete the form to unlock this article and...

Risk Management
All The World’s A Stage For (Prudent) FX Risk Management
February 28, 2019

Risk has rewards in all parts of life, but especially in business, where shrewd risk-taking and planning accrues to the bottom line. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
How Airbnb Uses Payments To Stay Competitive
February 28, 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...

Regulation
FTC Puts Smackdown On Fake Online Reviews
February 27, 2019

One cannot have the good without the bad, and that holds especially true, it seems, with online product reviews — a vital, useful part of eCommerce that is reviled by consumers, marketplace sellers and merchants alike. Now comes news of a groundbreaking case involving fake...

Retail
How Handset Makers Are Trying To Keep Customers
February 27, 2019

In the span of about a decade, the smartphone has gone from revolutionary technology to an everyday tool that everyone on Earth carries in their pocket. Okay, not everyone – but that’s not much of an exaggeration. According to estimates, nearly 80 percent of the U.S. adult...

Security & Fraud
FTC Fines TikTok $5.7M Over Alleged Child Data Collection
February 27, 2019

TikTok has been fined a record $5.7 million by the Federal Trade Commission (FTC) over the illegal collection of data from children, the FTC said on Wednesday (Feb. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
eBay Cedes Board Seats To Activist Shareholders
February 27, 2019

eBay is nearing a settlement with shareholders Elliott Management and Starboard Value LP that would give each of the activist investors a board seat, with the possibility of another one in the future, according to a report from The Wall Street Journal. Get the Full...

Retail
JCPenney To End Clothing Subscription Partnership
February 27, 2019

Retailer JCPenney has decided to end a clothing subscription service as it continues to struggle financially, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...