News

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

Source: pymnts.com

Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake In China’s GoPay

Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake In China’s GoPay
Top News In Payments: Facebook Is Developing Its Own OS; PayPal Acquires 70 Pct Stake...
December 20, 2019  |  News

In today’s top news, Facebook is developing its own operating system to increase its independence, and PayPal is acquiring a 70 percent stake in China’s...

READ MORE >
American Airlines And Citi Crack Down On Account Abuse
American Airlines And Citi Crack Down On Account Abuse
December 20, 2019  |  Loyalty & Rewards

Citi and American Airlines have cracked down on customers they say are abusing the airline’s rewards program, signing up for multiple accounts fraudulently just to...

READ MORE >
Hackers Access Unsecured Facebook Database With 267M Users’ Info 
Hackers Access Unsecured Facebook Database With 267M Users’ Info 
December 20, 2019  |  Cybersecurity

Security researcher Bob Diachenko and Comparitech discovered that a Facebook database with 267 million user IDs, phone numbers and names was left unsecured and accessed...

READ MORE >
France Dings Google With 150M Euro Anti-Competition Fine
France Dings Google With 150M Euro Anti-Competition Fine
December 20, 2019  |  Google

The competition authority in France has fined search engine company Google 150 million euros ($167 million) for its anti-competitive actions, as well as its advertisement...

READ MORE >
Ripple Notches $200M In Series C
Ripple Notches $200M In Series C
December 20, 2019  |  Investments

With an investment that reportedly tops off a record year for the company, Ripple announced that it notched $200 million in Series C funding. The...

READ MORE >
Digital Fraud And AI Battle To The Death
Digital Fraud And AI Battle To The Death
December 20, 2019  |  Fraud Prevention

All in all, cybercriminals had a pretty good year. In Q3 2019 alone they made off with cryptocurrency valued at almost $4.5 billion. More than...

READ MORE >
GrabPay Chosen For Malaysian eWallet Initiative
GrabPay Chosen For Malaysian eWallet Initiative
December 20, 2019  |  Payments Innovation

As it aims to drive the digital economy in Malaysia, the GrabPay eWallet has been chosen to take part in the e-Tunai Rakyat initiative that...

READ MORE >
BIS Caution On Cryptos Hints Toward Long Fizzle
BIS Caution On Cryptos Hints Toward Long Fizzle
December 20, 2019  |  Exclusive Series

The year is drawing to a close. Bitcoin hovers at $7,100 and change. Depending on how you view it, it’s a nice bounce off of...

READ MORE >