News

Security & Fraud
KnowBe4 Phishing Tool Looks To Take Down CEO Fraud
December 06, 2016

KnowBe4, a security awareness training and simulated phishing platform provider, launched a new tool designed to help IT managers combat CEO fraud, or Business Email Compromise (BEC) as it is referred to by the FBI. Get the Full Story Complete the form to unlock this...

Loyalty & Rewards
Drop Loyalty App Has 70,000 Millennials As Customers
December 06, 2016

Shortly after rolling out this summer in Canada, Drop, the mobile app that gives users rewards and access to loyalty programs, has more than 70,000 millennials as customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
How Citi FinTech Is Living Up To Its Name
December 06, 2016

It’s not easy being big. Or being big and regulated. 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 Today. By completing this form,...

Investments
Google Ventures Ex-CEO To Launch Fund
December 06, 2016

Google Ventures founder Bill Maris, who stepped down as CEO earlier in 2016, is launching a new venture fund and has raised slightly over $230 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Wearables
Tim Cook Disputes Report Claiming Apple Watch Losing Share
December 06, 2016

Market research firm International Data Corp. (IDC) released its findings for wearables, including smartwatches, for the third quarter and found Apple is suffering even though it launched the Apple Watch Series 2 this fall, with sales declining 71 percent compared to last year’s third quarter....

Payment Methods
VeeCee Gives Kids Their Own Currency
December 06, 2016

VeeCee, a startup out of London, has created a website where kids can upload a list of things they want, giving parents a way to purchase the items online. The website, which was presented at this year’s Disrupt London hackathon, also has virtual currency that...

Security & Fraud
Almost 1M Routers In Germany Hacked By Botnet
December 06, 2016

The Mirai botnet strikes again. 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 Today. By completing this form, you agree to receive...

International
Union Pay Pushes Pause On Co-Branded Cards
December 06, 2016

The times they are a changin’ — as the People’s Bank of China has ordered local banks to stop issuing co-branded (bearing both the logo of UnionPay and a foreign card network), dual currency payment cards in mainland China, according to reports emerging this morning. The...

Artificial Intelligence
Uber Creates AI Labs; Buys Startup To Staff It
December 06, 2016

Ride-hailing app startup Uber announced Monday (Dec. 5) the creation of Uber AI Labs, which is a new unit of Uber that will be based in San Francisco and focused on research in artificial intelligence and machine learning. In conjunction with the new unit, Uber also...