News

International
China Fines Leading Social Media Platforms Over Content
September 26, 2017

Tencent’s WeChat, Baidu and Weibo were all fined the maximum penalties by China’s cyber regulators for allowing content that was banned by the government. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Ridesharing
New Uber CEO Apologizes To Londoners; Vows Changes
September 26, 2017

Following increased regulation and a removal of its license to operate, Uber’s newest CEO, Dara Khosrowshahi, apologized to London consumers and vowed to make changes so that it can renew its ridesharing services in the city. Get the Full Story Complete the form to unlock...

Security & Fraud
Equifax Bought An Identity Protection Service Just Before Disclosing The Breach
September 26, 2017

Already facing so many questions about a breach that sent much of the U.S. adult population’s personal information into the hands of hackers worldwide, Equifax now gets to answer a whole new set of questions about why exactly it bought an identification protection service called ID...

B2B Payments
Cybercrooks Hack Deloitte Client Emails
September 26, 2017

Big Four accountancy firm Deloitte is the latest target of a high-profile data breach, one some analysts are calling an “embarrassment” for a company known for its corporate cybersecurity expertise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Fearful Of Fraud, FICO Wants A Closer Look At Bitcoin Transactions
September 26, 2017

The Fair Isaac Corporation — better known as FICO — has filed an application with the U.S. Patent and Trademark Office for a system designed to detect unusual and potentially fraudulent transactions. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Banking On Push Payments For Banking
September 26, 2017

Peer-to-peer payments show the value and consumer demand for payments pushed directly to accounts. And now the banking industry is ready for its close-up, too. Get ready for a change in business banking for firms large and small, as Ingo Money CEO Drew Edwards weighs...

Mobile Commerce
Braintree, Eventbrite Make Concerts And Commerce Contextual
September 26, 2017

Commerce interrupted is a terrible thing. Consumers miss out and merchants miss a sale. The familiar friction points – typing in 16-digit card numbers, especially when on a mobile device – is a pain point that the entire payments industry has been focused on now for...

Alternative Finances
How Marqeta Uses Cards To Power Disruption In Lending
September 26, 2017

Neither a borrower nor a lender be, the saying goes. Although in a perfect world that might be the way to live life, we live in a world far from that. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Security & Fraud
NEW REPORT: Bank Of America Faces Biometrics
September 26, 2017

Ever since Apple added a fingerprint scanner to the iPhone 5S in 2013, consumers have become increasingly used to interacting with biometric authentication technology. But now, less than five years later, can companies around the electronics and authentication spaces push consumers to adopt the next...