News

Investments
Foreign Startups Receive Fresh Capital From Chinese VCs
December 03, 2018

China’s venture capitalists have started to take an interest in foreign startups in an attempt to find the next tech unicorn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Security & Fraud
Hackers Use Crypto Mining Software To Attack Cos
December 03, 2018

Hackers might have another way to steal data from corporations: cryptomining software. 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...

Cyber Insurance Disputes Rise With Attacks
December 03, 2018

With cyberattacks on the rise, corporate victims find themselves battling it out with cyber insurance companies over protection from the damage done by security breaches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
How OfferUp Works To Safeguard Both Buyers And Sellers
December 03, 2018

Digital marketplaces have become beloved by buyers and sellers — and fraudsters. Nick Huzar, CEO of OfferUp, says most current authentication standards are either too lax — sacrificing security for simplicity — or too stringent, which hurts the user experience. In the latest Digital Fraud...

Security & Fraud
From Friend’s Grandpa To Hip Elder Brother: Banks As Consumer Trust Anchors
December 03, 2018

Almost five years ago (on Dec. 19, 2013), Target was breached. Roughly 40 million consumer credit cards were hacked, and the public outcry of shock was massive. People could not believe an entity like Target could be so completely compromised. Get the Full Story Complete...

Payment Methods
WhatsApp Asks RBI To Expand Payment Services In India
December 03, 2018

WhatsApp, the messaging app owned by Facebook, is seeking approval from the Reserve Bank of India to extend its digital payments service to all of the residents of India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Partnerships / Acquisitions
Deutsche Bank Denies Merger With UBS, Commerzbank
December 02, 2018

Deutsche Bank is not concerned it will be a takeover target despite a steep sell-off in its stock late last week after a two-day raid of its offices as part of a money laundering investigation. Get the Full Story Complete the form to unlock this...

Ridesharing
Uber Holds Deal Talks With Bird, Lime
December 02, 2018

Uber, the ride-hailing company, could make an acquisition to boost its e-scooter business, reported Engadget. 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,...

Security & Fraud
Ex-DoJ Staffer Pleads Guilty In 1MDB Scandal
December 02, 2018

George Higginbotham, a former Department of Justice employee in the U.S., pleaded guilty as part of the  1Malaysia Development Berhad bribery and embezzlement scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...