Cosco Shipping Holdings Co. was the victim of a cyberattack that disabled the Chinese state-run company’s U.S. website and email systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
NACHA — The Electronic Payments Association announced Wednesday (July 25) that debit and credit transactions totaled more than 5.7 billion in the second quarter of 2018, a 6.2 percent increase from the second quarter of last year. In a press release, NACHA said the percentage increase...
The RealReal, the leader in authenticated luxury consignment, has announced the closing of a $115 million Series G financing, bringing it to a total of $273 million in equity capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
More than a dozen government agencies and companies have been targeted by hackers who are using an old security hole in SAP and Oracle management software, while thousands more businesses and the government are at risk. Get the Full Story Complete the form to unlock...
More than a decade after it spun off the business, Air Canada wants to buy back its reward program for C$2.25 billion ($1.72 billion). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
More discounts. Better cash flow. No faxes, far fewer ink stains and a severe reduction in paper cuts. An increase of time. Better relations with suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
LifeLock, the provider of online identity protection, took its website offline on Wednesday (July 25) after Brian Krebs, the security researcher, disclosed a design flaw that enables email addresses of subscribers to be harvested. In 2016, Symantec acquired LifeLock, which had 4.5 million customers as of...
The Payments Systems Regulator (PSR), Britain’s official payment watchdog group, has announced it will be reviewing banks that process card transactions on merchants’ behalf to evaluate whether customers are getting the best deal. Get the Full Story Complete the form to unlock this article and...
Cabot Square Capital, a U.K. financial services firm, on Wednesday (July 25) sold its entire stake in 321 Crédito, a Portuguese consumer finance lender, to Banco CTT, the bank run by Portugal’s privatized national postal service. Get the Full Story Complete the form to unlock...
