Investments
Slight Downside To Payments Stocks As Q1 2017 Earnings Reports Continue
May 08, 2017

For Q1 2017, movement was a bit to the downside amid continued earnings reports this past week, as has been seen in previous sessions. The biggest decline came from Cardtronics, as the firm’s stock lost nearly 15 percent. The ATM operator saw its first leg...

Apple
Apple Exec Throws Some Shade On Alexa And Google Home
May 08, 2017

“Well, I won’t talk to either one specifically, [I] don’t want to. My mother used to have a saying that if you don’t have something nice to say, say nothing at all,” said Apple’s SVP of worldwide marketing Phil Schiller when asked about his thoughts on...

Security & Fraud
O2 Confirms Hack That Wiped Out Some German Customers Bank Accounts
May 08, 2017

02, the mobile phone seller, confirmed it was the target of hackers that exploited a weakness in a protocol used by telecom networks for two-factor verification. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Lending Club Keeps Pushing Its Comeback
May 08, 2017

The last 12 months have undoubtedly been a difficult period for marketplace lending pioneer Lending Club. In the year since the firm was rocked by the dual blows of the sudden departure of its charismatic founding CEO Renaud Laplanche and revelations that the company had intentionally mislead...

Regulation
Spotify, Others Claim Apple, Google Anticompetitive
May 08, 2017

In a recent letter to the European Commission signed by online music streaming companies Spotify, Deezer and German internet company Rocket Internet, among others, organizations have reportedly accused tech giants of “[abusing] their privileged position” and anticompetitive behavior. Get the Full Story Complete the form...

CFPB
Banks Line Up To Challenge CFPB
May 08, 2017

Things are getting tougher for the Consumer Financial Protection Bureau (CFPB) under the new political administration. More banks are now willing to challenge CFPB enforcement actions, said The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
FBI Says There Was An Uptick In Cyber Wire Fraud In 2016
May 08, 2017

Cyber wire fraud via email had increased during the last seven months of last year, according to a new warning from the Federal Bureau of Investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Security & Fraud
Intel Chips’ Hackability Problem Is Worse Than Initially Thought
May 08, 2017

Last week reports began to emerge that for the last seven years, Intel chips have contained an authentication bypass vulnerability that makes it relatively easy to remotely hijack entire fleets of computers without ever entering a password. Get the Full Story Complete the form to unlock...

Earnings
Buffett On Driverless Tech, Amazon and Wells Fargo
May 08, 2017

Over 30,000 Berkshire Hathaway shareholders met in Omaha, Neb., this past weekend to gain insight on a number of topics from chairman and CEO Warren Buffett. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...