News

Using Both Human And Artificial Intelligence To Keep Credit Unions Safe From Cybercriminals
November 30, 2017

The motto for banks turning to artificial intelligence (AI) and machine learning to foil fraud is "Work smarter, not harder." In the latest PYMNTS Digital Banking Tracker, a Feedzai collaboration, Shazia Manus, chief product and strategy officer of CO-OP Financial Services, explains why smart is...

Bitcoin
Noble Prize-Winning Economist Says Bitcoin Should Be “Outlawed”
November 30, 2017

Joseph Stiglitz, the economist who won the Nobel Prize has called on bitcoin, the wildly popular cryptocurrency, to be outlawed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

South East Asia
China Continues Its Quest For A Credit Ranking System
November 30, 2017

China is on the hunt for a homegrown alternative to the U.S.-based FICO score credit ranking system as it attempts to keep up with the rapid expansion in consumer loans being offered through mobile. Get the Full Story Complete the form to unlock this article...

Partnerships / Acquisitions
Samsung Buys Another AI Startup To Bolster Bixby
November 30, 2017

Samsung Electronics has inked a deal to acquire Fluenty, the Korean artificial intelligence (AI) startup. 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...

Security & Fraud
Global Shipper Hacked, Data On Shipments Likely Exposed
November 30, 2017

Clarksons, the U.K. shipping service provider, disclosed news on Wednesday (Nov. 29) that its computer systems were hit by a data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Bitcoin
New York Fed President Not Feeling The Bitcoin Giddiness
November 30, 2017

Bitcoin may be trading close to $10,000 after starting the year around $1,000, but Federal Reserve Bank of New York President William Dudley isn’t sharing in the giddiness. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
The Cyber Grinch Is Coming To Retailers
November 30, 2017

Fraudsters have been making their lists and checking them twice, and it’s not going to make for a very happy holiday for retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Lend Small: POS Credit For SMBs
November 30, 2017

This year, Black Friday, Small Business Saturday and Cyber Monday all raised the bar on holiday shopping levels. ‘Tis the season for a surge in spending, especially at small businesses (SMBs). But contrary to popular belief, not everyone wins during peak shopping season. Get the...

Cross Border Commerce
NEW STUDY: How Many Payments Methods Matter For X-Border Success?
November 30, 2017

In the internet age, consumers are more likely than ever to make a purchase from a merchant outside their own borders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...