New research from Kaspersky Lab shows that the average cost of experiencing a data breach globally is on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Rocket Internet, the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
EMVCo, the global technical body that manages EMV Specifications, announced it has created a QR Payment Mark to promote global interoperability across EMV QR Code payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC) announced Monday (May 28) that hackers stole data on close to 90,000 customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Though critics are saying Venezuela’s monetary overhaul will create chaos, the country’s president warned businesses not to slow operations during next week’s overhaul. According to Reuters, “Socialist President Nicolás Maduro announced in March that the bolivar currency would be redenominated on June 4” in an...
In response to an increase of Chinese acquisitions of European rivals, the European Parliament’s international trade committee has approved a proposal calling for greater scrutiny of foreign investments. According to Reuters, the committee voted to extend the list of “critical sectors” that would prompt EU...
Howard Marks, Founder of Oaktree Capital, warned that private equity (PE) firms are reducing their standards in terms of what they will invest in, and paying high prices that could impact returns for investors. Get the Full Story Complete the form to unlock this article...
Variable annuities (VAs), a widely criticized retirement savings product, is coming back thanks to President Donald Trump and his administration, which is gearing up to get rid of tough rules put in place by the Obama Administration. Get the Full Story Complete the form to unlock this...
The basic rule of personal security has changed little since ancient times: A person’s home — or hut, cottage, hovel or flat — is that person’s castle, the main location where relatives and valuables are secured from nefarious forces outside the door. Get the Full...
