News

Intelligence of Things
Canada’s FCAC Takes Stronger Stance On Bank Regulation Enforcement
March 21, 2018

Banks beware: The Financial Consumer Agency of Canada (FCAC) is planning to get tougher on the way it monitors financial institutions. 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
Facebook Slapped With Shareholder Lawsuit Over Cambridge Analytica Scandal
March 21, 2018

Facebook’s latest data scandal — in which Cambridge Analytica, the political consulting firm, got access to data on 50 million users — has prompted a class action lawsuit from shareholders as a result. Get the Full Story Complete the form to unlock this article and...

Security & Fraud
Orbitz Hit By Data Breach Exposing Customer Info
March 21, 2018

Orbitz, a subsidiary of online travel agency Expedia, has announced that it was hit with a data breach in 2016. The company stated that hackers were able to access personal information from about 880,000 payment cards. According to Reuters, an investigation showed that the breach...

Artificial Intelligence
IBM Gives Alexa Another Rival With Watson Assistant
March 21, 2018

IBM has launched Watson Assistant, an artificial intelligence (AI) agent for companies looking to build their own voice-activated virtual assistants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
PPRO: The 10 Fastest Growing Global eCommerce Markets
March 21, 2018

It’s an exciting time to be a global brand. In western markets, eCommerce continues to grow steadily — but, more importantly, it’s taking significant hold in less developed markets, opening up opportunities for brands to secure footholds in new regions. Get the Full Story Complete...

Retail
Shopify: Online’s Biggest Liability Is A Friction-Filled Checkout
March 21, 2018

After two decades of online commerce, Mohammad Hashemi, General Manager of Financial Services at Shopify told Karen Webster, online checkout shouldn’t be a friction-filled mess anymore. So they’re fighting the problem, a host of online checking solutions, including Shopify Pay - and an eye toward...

Digital Banking
BofA Consumers Can Add Credit, Debit Cards To PayPal From Mobile Banking App
March 20, 2018

Bank of America announced news on Tuesday (March 20) that customers can now add multiple credit and debit cards to their PayPal account without having to use a laptop or desktop computer. Get the Full Story Complete the form to unlock this article and enjoy...

Payments Innovation
Hyperwallet Teams Up With Lyric Financial For Royalty Payment Advances
March 20, 2018

To enable faster and more efficient royalty payment advances to recording artists working on TuneCore, Hyperwallet has signed a deal with Lyric Financial — a financial services provider that specializes in royalty advances and loans for recording artists, Hyperwallet said in an announcement. Get the Full Story...

Retail
Retail Bankruptcy Tracker: Claire’s And Grocers Throw In The Towel
March 20, 2018

As sad as the end of Toys R Us may be, the iconic toy store is far from the only retailer struggling these days — and it’s not the only one throwing in the towel this week. Say goodbye to Claire’s, the girls’ accessories chain,...