News

Digital Banking
Revolut Hits Unicorn Status With $250M Funding Round
April 26, 2018

Revolut, the digital banking company, announced Thursday (April 26) that it has raised $250 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...

Security & Fraud
Hotel Key Cards Can Be Hacked Into A Master Key
April 26, 2018

A new study has found that hackers can use a used hotel key card to create a master key that gains entry into any room in the building without detection. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Equifax’s Data Breach Has Cost It $242.7M
April 26, 2018

Equifax, the embattled credit scoring company that is still reeling from last fall’s massive data breach that exposed information on more than 145 million people, has spent $242.7 million dollars on the breach. Get the Full Story Complete the form to unlock this article and...

CFPB
CFPB Public Complaint Database Likely To Be Shut Down
April 26, 2018

Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau (CFPB), said that the agency will likely shut down its public complaint database. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
BigCommerce Raises $64M Led By Goldman Sachs
April 25, 2018

BigCommerce, the eCommerce platform for retailing brands, announced news on Wednesday (April 25) that it has closed a $64 million round of funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Cyberattacker Shut Down In Global Police Action
April 25, 2018

Authorities shuttered one of the largest cyberattack organizations in the world yesterday, making arrests in four countries and seizing assets and infrastructure in three others, the Associated Press reported. Europol, a joint European police agency, said it shut down webstresser.org, calling it the largest source...

Security & Fraud
Socure’s Names Tom Thimot New CEO As Sunil Madhu Becomes New CSO
April 25, 2018

Socure, the provider of predictive analytics for digital identity verification, announced Wednesday (April 25)  that it names Tom Thimot Chief Executive Officer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
QSRs Ramp Up Mobile Order-Ahead Offerings
April 25, 2018

Consumers want their morning cup of joe, but they don’t want to wait on line. With mobile ordering at quick-service restaurants (QSRs) like The Coffee Bean & Tea Leaf, customers can ditch the queue. Get the Full Story Complete the form to unlock this article and...

Loyalty & Rewards
TGI Fridays Leads The Way On Loyalty
April 25, 2018

Ten years ago, in 2008, TGI Fridays blazed a rewards and loyalty trail that countless restaurants have followed since. This month, the chain announced it will be taking that customer experience to the next level through a partnership with customer data and engagement platform SessionM....