News

Security & Fraud
Intuit Denies Data Breach At TurboTax
February 26, 2019

Intuit, the parent of TurboTax, is denying a report from the Dark Reading blog Monday (February 26) that TurboTax suffered a breach in which a third party got access to the data of its users. Get the Full Story Complete the form to unlock this...

Regulation
Calif Lawmakers Seek More Stringent Data Privacy Law
February 26, 2019

California lawmakers are looking to make their strictest-in-the-nation data privacy law even tougher. 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...

Partnerships / Acquisitions
Caesars Puts Stake In Online Betting Co DraftKings
February 26, 2019

Caesars Entertainment announced that it has reached an agreement to offer DraftKings, the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. The access is exclusive to Caesars locations across select states where the company operates casino properties. “Caesars’ agreement...

Alternative Finances
What Smart, Conversational AI Adds To Credit Scoring
February 26, 2019

Traditional credit-scoring models have not had it easy in the court of public opinion over the last few years. The complaints vary in their specifics, but all revolve around a basic premise: The old credit-scoring models are too backward-looking in a world where real-time data is...

Banking
Why ‘Mobile-First’ Must Mean ‘Trust-Always’
February 26, 2019

Trust is inherent in banking, and has been since the beginning, when people decided to store coins and bills in vaults. Entersekt SVP of North America Sherif Samy explains why pairing the trust factor with the (mobile) form factor can help banks adopt a successful omnichannel...

Regulation
Rep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
February 25, 2019

New York Rep. Alexandria Ocasio-Cortez is asking for hearings in Congress on why Wall Street is lending money to private prisons that house undocumented immigrants, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Partnerships / Acquisitions
BlackBerry Acquires AI Cybersecurity Co Cylance
February 25, 2019

BlackBerry has acquired the artificial intelligence and cybersecurity company Cylance for $1.4 billion in cash, in a bid to assist with plans to make software for autonomous cars, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
Instagram Users Targeted In ‘Get Rich Quick’ Scams
February 25, 2019

Authorities in the United Kingdom have warned that there are Instagram posts that promote false “get rich quick” investment scams, and that the schemes have already tricked hundreds of people out of an average of about £9,000, according to reports. Get the Full Story Complete...

Banking
Bank Of America Rebrands, Loses Merrill Lynch Name
February 25, 2019

Bank of America will drop the Merrill Lynch name from its trading and investment banking outfits, 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...