Even as the SEC wants companies to be vigilant about cybersecurity, BEC claims new victims, among them DC government officials. Elsewhere, a trio of the most wanted fraud suspects have gone missing and regulators in Asia want the public's help in tracking them down
Hong Kong’s Faster Payments System (FSP) has only been live for a few weeks, but already it’s facing claims regarding allegations of fraudulent use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
More legal troubles have emerged for the Office of the Comptroller of the Currency (OCC) over its plan to introduce national bank charters for FinTechs, aimed at making it easier for alternative financial services players to do business. Get the Full Story Complete the form...
Sberbank, the biggest lender in Russia, and Russian search company Yandex are launching a new internet marketplace dubbed Beru that has ambitious plans to become the Amazon of Russia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Would one lock a Ducati to a lamppost with a loop of dental floss? Well, that’s about the equivalent of what’s protecting an estimated $250B in global loyalty rewards — most accounts are protected by just a four-digit PIN, says Peter R. Maeder, co-founder of...
Shopping app Spring has been acquired by two companies: real estate startup Compass and Alibaba-backed shopping app ShopRunner. According to TechCrunch, Compass is taking an undisclosed element of the business, as well as key staff including Spring CTO Satwik Seshasai, Director of Engineering Jim Grandpre,...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes a big Facebook tech move, and a pending rules change for big banks in the U.S. Walmart and Amazon expand their retail and fulfillment options, and there...
Apple is expanding its presence in Southeast Asia, choosing Thailand as the home for its second Apple Store in Southeast Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
PayActiv, the provider of employment-based holistic financial wellness services, announced Thursday (October 25) a deal with Walmart in which PayActiv employees can access earned cash wages. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
