The Bank of England (BoE) warned Tuesday (Nov. 28) that U.K.-based banks may be doing some boasting when they say they can stop FinTechs from stealing customers and profits, but in reality, it could be a big overstatement. Get the Full Story Complete the form...
SWIFT is warning banks that cybercriminals are getting more sophisticated and that the risk of digital heist is on the upswing. The Brussels-based inter-bank messaging system has been actively encouraging banks to increase their security and stave off risks of hacks like the one that...
Uber is getting hit with accusations that it has a secret unit that was created to steal trade secrets, according to news from The Financial Times, citing information from the pretrial hearing between Uber and Alphabet’s self-driving car unit Waymo. Waymo has accused Uber of stealing...
As SoftBank’s investment is looming on the horizon, Uber is reporting losses on the rise in the third quarter of the year. Uber reported unadjusted net losses of $1.46 billion in the third quarter, according to Reuters reports. The adjusted figure, according to The Financial Times, is $743m...
Ever wonder why it’s called “laundering money?” It’s because this type of fraud literally started with laundromats. 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...
Online fraudsters have become the 21st Century’s version of Wild West bandits, targeting banks and terrorizing the digital frontier. But, when it comes to safeguarding consumer information, there’s a new sheriff in town. In the latest PYMNTS Digital Identity Tracker™, powered by Socure, Stephane Lintner,...
Fraudsters launching forays against financial institutions (FIs) is a tale as old as, well, financial institutions. For the honest banker, there’s a constant need to upgrade defenses and proactively fend off attacks. Get the Full Story Complete the form to unlock this article and enjoy...
Retail email offers aren’t as effective as they should be, according to a Monday (Nov. 27) article published by the Wall Street Journal, and personalization is key to turning that around. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In somewhat surprising news, given the retail brand’s struggles over the years, the Gap has been crowned the “winner” of the Black Friday shopping weekend, according to Wall Street. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
