Editor’s Picks

Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’

Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’
Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’
July 19, 2020  |  Security & Fraud

Wirecard AG’s accounting firm said an independent report failed to account for half of the German payment company’s  revenue and all its operating profit, the...

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India’s Central Bank Warns Of Banking Crisis
India’s Central Bank Warns Of Banking Crisis
July 19, 2020  |  Banking

Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system,...

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Twitter Hackers Took Personal Data From Celebrity Accounts
Twitter Hackers Took Personal Data From Celebrity Accounts
July 19, 2020  |  Security & Fraud

Twitter has provided a glimpse into its investigation of last week’s security breach, the worst in its 14-year history, as hackers commandeered more than 100...

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Delay Of Game: USPS Considers Massive Cuts
Delay Of Game: USPS Considers Massive Cuts
July 17, 2020  |  Retail

The beleaguered U.S. Postal Service might be about to make eCommerce shipping woes even worse. According to several sources including the EcommerceBytes blog, the USPS...

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Twitter Hack Of Kardashian, Obama And 130+ Other A-Listers Invites FBI Probe
Twitter Hack Of Kardashian, Obama And 130+ Other A-Listers Invites FBI Probe
July 17, 2020  |  Security & Fraud

The FBI is investigating the worst security breach in Twitter’s 14-year history, as hackers commandeered more than 100 high-profile accounts, The Wall Street Journal reported....

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Visa: Contactless Is The Cornerstone For A Reinvented Public Transportation Experience
Visa: Contactless Is The Cornerstone For A Reinvented Public Transportation Experience
July 17, 2020  |  VISA

Transit system operators were already thinking about making at least a partial switch to contactless payments long before a global pandemic disrupted any and every...

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Wirecard Exec Admits Role In German Company’s Collapse, Attorney Says
Wirecard Exec Admits Role In German Company’s Collapse, Attorney Says
July 16, 2020  |  Security & Fraud

One of the unnamed jailed executives in the Wirecard scandal has reportedly admitted guilt to the multi-billion-dollar fraud and money laundering case, according to Reuters....

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New York Threatens NYC Restaurant Closures As State Prepares For Second Outbreak
New York Threatens NYC Restaurant Closures As State Prepares For Second Outbreak
July 16, 2020  |  Retail

New York Gov. Andrew Cuomo is threatening to close down restaurants that are not following social distancing rules to stem the coronavirus, CNBC reports. Get...

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InstaPay Debuts Trade Finance Offering For Amazon Merchants
InstaPay Debuts Trade Finance Offering For Amazon Merchants
July 16, 2020  |  B2B Payments

As merchants on Amazon are encountering a high burden because of COVID-19, InstaPay is rolling out a new offering that provides payments to those selling...

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