Email Scam Victim Sues Bank Claiming Lack Of Fraud Protection

Email Scam Victim Sues Bank Claiming Lack Of Fraud Protection
Email Scam Victim Sues Bank Claiming Lack Of Fraud Protection
February 23, 2020  |  Security & Fraud

Police and financial institutions are battling to contain a wire transfer email hacking scam that is costing individuals and businesses billions, The Wall Street Journal (WSJ)...

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Delivery Wars, B2B Payments, Cereal Makers Top This Week’s News
Delivery Wars, B2B Payments, Cereal Makers Top This Week’s News
February 21, 2020  |  News

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Samsung Production Backlogged In Vietnam Due To Coronavirus
Samsung Production Backlogged In Vietnam Due To Coronavirus
February 21, 2020  |  International

Vietnam’s supply chain is suffering from the impact of the coronavirus epidemic, which could stall production of the latest Samsung smartphones, the Ministry of Industry...

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NYC Taxi Commission Accused Of $810 Million Fraud
NYC Taxi Commission Accused Of $810 Million Fraud
February 21, 2020  |  Security & Fraud

New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission (TLC), according...

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The Week in Payments: Rewriting Rewards, Buying The Bank And Containing COVID-19
The Week in Payments: Rewriting Rewards, Buying The Bank And Containing COVID-19
February 21, 2020  |  Commentary

That there was a lot of action and motion in the payments and commerce ocean this week is not much of a surprise, as that...

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UK Google Users Will Be Under US, Not EU Privacy Protections
UK Google Users Will Be Under US, Not EU Privacy Protections
February 20, 2020  |  International

Google users in the U.K. will no longer have access to European Union data security, instead being moved by the tech giant to American jurisdiction,...

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EU Wants PSD2-Like Regs For Big Tech Data
EU Wants PSD2-Like Regs For Big Tech Data
February 19, 2020  |  Europe

The European Commission is planning a single European market for data, in hopes that by pooling talent, the region can compete with Big Tech in...

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Coronavirus Fear Infects NYC Ridesharing
Coronavirus Fear Infects NYC Ridesharing
February 19, 2020  |  Ridesharing

The emergence of a novel threat — particularly one like the COVID-19 coronavirus that originated in Wuhan, China — has a way of bringing out...

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Walmart Sees 37 Pct Growth In eCommerce, In-Store Sales Remain Tepid
Walmart Sees 37 Pct Growth In eCommerce, In-Store Sales Remain Tepid
February 18, 2020  |  Earnings

After eight consecutive earnings beats, Walmart finds itself at the start of 2020 in the unusual position of missing analyst targets, as a tepid holiday...

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