News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Ashley Madison Hacking Saga Drama Deepens
Ashley Madison Hacking Saga Drama Deepens
August 25, 2015  |  News

The damaging circumstances surrounding the breached online cheating website AshleyMadison.com continues to intensify.

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Taxpayers Sue IRS Over Data Breach
Taxpayers Sue IRS Over Data Breach
August 24, 2015  |  News

While the Internal Revenue Service is still dealing with the repercussions of the massive cyber attack that compromised the data from tax returns for roughly...

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Facebook’s Cybersecurity Platform Hits Critical Mass
Facebook’s Cybersecurity Platform Hits Critical Mass
August 24, 2015  |  News

More than 90 companies are now using Facebook’s cybersecurity platform ThreatExchange to share security and threat information.

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Xiaomi Hires New Distributor For Africa Launch
Xiaomi Hires New Distributor For Africa Launch
August 24, 2015  |  International

Known as “the Apple of China,” smartphone maker Xiaomi announced the timing of its official arrival in Africa next month with the appointment of a...

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China Cracks Down On Cybercrime With 15K Arrests
China Cracks Down On Cybercrime With 15K Arrests
August 24, 2015  |  International

Chinese police arrested 15,000 people for allegedly committing cybercrimes, which came as a result of the investigations of more than 7,400 cases involving offenses such...

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Crowdfunding Platform Eyes Next Funding Move
Crowdfunding Platform Eyes Next Funding Move
August 24, 2015  |  Alternative Finances

During its two and half years of existence, the OurCrowd crowdfunding platform has enabled startups to receive funding from accredited investors, along with providing direct...

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Consumer’s Chip Card Conundrum
Consumer’s Chip Card Conundrum
August 24, 2015  |  News

The EMV migration deadline is coming and while consumers will be faced with a change in the way they pay, it may be merchants who...

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