News

Security & Fraud
150 Billion Consumer Records At Risk
August 22, 2018

Despite the implementation of stricter cybersecurity and privacy-focused regulations such as GDPR and PSD2, cybercrime remains a threat to businesses and consumers around the world. According to the latest installment of the Digital Identity Tracker, nearly 150 billion consumer records will be available to fraudsters...

IPO
Delving Into The Farfetch IPO
August 22, 2018

The devil is in the details, so to speak. Sometimes the devil wears Prada – and sometimes, when all is said and done, the details are in the U.S. Securities and Exchange Commission (SEC) filings. Get the Full Story Complete the form to unlock this...

Investments
Boxed Raises More Than $100M In Funding
August 22, 2018

Grocery startup Boxed announced that it has raised $111 million in a new round of funding. 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
SoftBank Invests In Rental Car Co
August 22, 2018

Carsharing platform Getaround has announced that it raised $300 million in a Series D funding round led by SoftBank. Toyota Motor Corporation and inside investors also participated in the round. Getaround provides instant and keyless carsharing through its patented, integrated hardware and software platform. Get the...

International
Germany Wants New, Non US Global Payments System
August 22, 2018

Germany’s Minister of Foreign Affairs Heiko Maas has called for the European Union (EU) to create a new payments system, independent in response to the United States pulling out of the Iran nuclear deal. According to Financial Times, Maas wrote in the German daily Handelsblatt that...

Security & Fraud
TRENDING: Why US Customs Wants To Change The Face Of Air Travel
August 22, 2018

Bad actors aren’t just stealing sensitive information; they are hoping to wreak havoc on airport security in the U.S. Fortunately, security players are working to roll out solutions to help stem the tide of bad actors, both online and in the real world. Get the...

IPO
Farfetch IPO Shows Luxury Retailers Ready To Ware Online
August 22, 2018

“Fashion is the armor to survive the reality of everyday life,” said fashion photographer Bill Cunningham. No one wears just one suit of armor, and no one shops in just one place when it comes to the mixing and matching of that armor, the hunting...

IPO
For Ant Financial, IPO Was Here, Expected And Then Gone
August 21, 2018

In this case, perhaps IPO could stand for: 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 completing this form, you...

International
China Now Has More Than 800M Internet Users
August 21, 2018

The China Internet Network Information Center (CNNIC) has revealed that the country now has more than 800 million internet users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....