News

Security & Fraud
Hackers Have Field Day With 70M Dropbox Accounts
September 01, 2016

In hacking, as in politics, ruining people is considered sport. As noted by Business Insider on Wednesday (Aug. 31), login details tied to as many as 70 million users from Dropbox wound up being leaked across the web, and an old-age no-no — namely, that of password...

Social Commerce
Facebook Revamping Mobile Offers
September 01, 2016

For consumers who like retail offers and want them sent to their mobile devices, the news from Facebook should be welcomed. Offers will be pushed to users in a more strategic way, and consumers will have easier access to them, with less friction at checkout....

International
Commerzbank And UniCredit Complete First UK BPO Live Transaction
September 01, 2016

Commerzbank London and UniCredit announced they have successfully processed the first U.K. Bank Payment Obligation (BPO) live transaction. The transaction covers the export of chemicals from Ireland to Italy. Commerzbank’s customer in the transaction is the supplier, Heraeus Metal Processing, an Irish chemicals company. The buyer,...

Security & Fraud
‘Romance Scamming’ On Online Dating Sites Is On The Rise
September 01, 2016

Because there just wasn’t quite enough cybercrime in the world — the ever-inventive folks using computers to separate innocent people from their money seem to have a evolved a brand new heinous tactic: creating fake profiles on online dating sites to rob people genuinely looking for...

Security & Fraud
Kimpton Hotels Caught In Data Breach
September 01, 2016

Another one bites the dust, as they say. 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...

Investments
Symphony Commerce Raises $11 Million In VC Funding
September 01, 2016

Symphony Commerce, a startup that provides cloud-based technology for eCommerce platforms, raised $11 million in venture capital funding during August. The venture capitalists that took part in the latest round of fundraising include Charles River Ventures, Blue Cloud Ventures, Bain Capital Ventures and FirstMark Capital. With the...

Loyalty & Rewards
Loyalty Programs Lay The Groundwork For Mobile Payment Adoption
September 01, 2016

Mobile payments are the wave of the future, and it’s the digitization of loyalty programs by banks and credit card issuers that lays the groundwork for widespread adoption of digital payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Salesforce Misses The Mark
September 01, 2016

Investors had risen concerns over Salesforce‘s recent M&A spree, having spent a combined $3.5 billion on acquisitions in the last six months alone, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

B2B Payments
Australia Opens SME Lending Probe
September 01, 2016

Australia has launched an investigation into big banks’ lending practices with small business borrowers, reports said on Wednesday (Aug. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....