Moscow-based data security firm Group-IB reported Monday (Dec. 11) that a group of Russian hackers stole close to $10 million from several largely U.S. and Russian banks over the past year or more, and all by going after interbank transfer systems. Get the Full Story...
With a new cyberattack hitting the news on what seems to be a weekly basis, financial heavyweights are investing millions of dollars into a cybersecurity startup that aims to paralyze phishing attacks. Get the Full Story Complete the form to unlock this article and enjoy...
Online discount retailer Overstock saw its stock jump more than 23 percent in trading Monday (Dec. 11) after Morgan Stanley Investment Management said it had acquired an 11.4 percent stake in the company. Get the Full Story Complete the form to unlock this article and enjoy...
Samsung Electronics announced that its mobile payments system, Samsung Pay, will now offer money transfer services at some Korean banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Gemalto is looking at an acquisition offer from French tech consultancy Atos. The offer is for 4.3 billion euros ($5.06 billion), and the purchase would aid Atos in improving cybersecurity services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Financial services company Affirm announced Monday it has raised $200 million in Series E funding from a consortium of investors led by global investment firm GIC Private Limited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
There’s a subscription box out there for almost everyone. And, given their rising popularity, it’s not surprising JCPenney is also jumping on the bandwagon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Bringing in $165 million in venture funding is a major event in the life of any startup, particularly if the startup in question says it wasn’t even in the market to raise funds — it was doing just fine on its own revenue. Get the Full...
Real estate investment trust GGP has rejected a buyout offer from global real estate investment firm Brookfield Property Partners, according to news from CNBC on Monday (Dec. 11). The $14.8 billion offer was to purchase the 66 percent of GGP shares that Brookfield Property, GGP’s largest...
