News

Security & Fraud
Dell Reset All Customer Passwords After Attempted Data Hack
November 29, 2018

Dell announced that it reset passwords for all accounts on its online electronics store after it stopped hackers from trying to steal customer data. Citing a source familiar with the breach, Reuters reported that the company did not tell customers about the attack before it forced...

Security & Fraud
US Charges Iranian Hackers For SamSam Cyberattack
November 29, 2018

The United States has indicted two Iranians for launching a major cyberattack using the ransomware “SamSam.” 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...

Investments
Hong Kong’s Oriente Raises $105M
November 29, 2018

Hong Kong-based startup Oriente has announced a $105 million initial funding round, which included investment from the founders, as well as a group of family offices including members of the Berjaya Group, JG Summit Holdings, Inc., and Sinar Mas. Get the Full Story Complete the...

Ridesharing
GO-JEK Rolls Into Singapore
November 29, 2018

Indonesian ride-hailing startup GO-JEK is getting set to launch a preliminary version of its ride-hailing app in Singapore this week, taking on rival Grab. According to Bloomberg, sources said GO-JEK’s beta app will be available to a limited number of consumers before it expands to...

Artificial Intelligence
Is AI The New Debt Collector?
November 29, 2018

 It's said an ounce of prevention is worth a pound of cure, and the maxim can be applied to debt recovery efforts that average a dismal 20 percent. AI can help.  Brighterion CEO Akli Adjaoute tells Karen Webster that true AI and smart agents form...

Security & Fraud
Hackers Are Using Leaked NSA Tools To Target Networks
November 28, 2018

The UPnProxy vulnerability that was used more than a year ago as a National Security Agency (NSA)  hacking tool is still going unpatched by hundreds of thousands of computers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
Danske Bank Charged In Money Laundering Scandal
November 28, 2018

Preliminary charges have been filed against Denmark’s biggest lender, Danske Bank, over allegations that it violated the country’s money laundering laws, according to a report by Reuters. The charges are related to the bank’s branch in Estonia. Get the Full Story Complete the form to...

Partnerships / Acquisitions
TripAdvisor, DoorDash Team On Delivery
November 28, 2018

DoorDash, an on-demand meal courier service, and TripAdvisor, a travel website with reviews of restaurants and hotels, have combined forces so that consumers can now get their food directly from the TripAdvisor site, according to a report. Get the Full Story Complete the form to...

Retail
Gift Card Spend Averages $59 Over Face Value
November 28, 2018

First Data’s 2018 Prepaid Consumer Insights Study found that the average consumer is spending $59 more than the original value of their gift card, marking an increase from $21 a year ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited...