Millennials are having a tough time getting credit cards — in fact, a new study revealed six out of 10 10 millennials declined for credit are not seen applying again for at least 12 months. According to data from the ID Analytics, a consumer risk management company, millennials...
It’s safe to say hackers may be developing a love affair with connected devices. Anyone who attempted to hit a major site in the U.S. last Friday (Oct. 21) — such as Spotify, Amazon, Twitter or even Netflix — may have experienced firsthand what it’s...
Snapchat is reportedly aiming to raise as much as $4 billion in an initial public offering. According to Bloomberg, which cited people familiar with the matter, the IPO may give Snapchat a valuation of $25 billion–$35 billion. A final decision in terms of the size...
Accertify and Signifyd, two providers of eCommerce fraud solutions for merchants, announced Thursday (Oct. 27) an agreement under which Accertify will integrate Signifyd’s service into its fraud management platform for enhanced fraud screening. In a press release, the companies said Accertify merchants who use the service...
Cayan, a payment technology company, announced Thursday (Oct. 27) a partnership with RedIron Technologies Inc., a player in retail commerce innovation. RedIron has integrated to Cayan’s Genius Platform, a cloud-based payments solution that mitigates the business challenges associated with integrating payment to the point of sale (POS). With this...
Bitfinex, a cryptocurrency exchange, announced Thursday (Oct. 27) that many of its largest BFX token holders have agreed to exchange over 20 million BFX tokens for equity in Bitfinex. In a press release, Bitfinex said the equity consists of shares of Bitfinex’s owner, iFinex Inc....
Wayfair, an online destination for home furnishings and décor, announced Thursday (Oct. 27) a new, accessible financing option for its customers. In a press release, Wayfair said it entered into a partnership with Affirm in which Wayfair offers shoppers another way to make purchases with the...
Internal Revenue Service (IRS) impersonation scams have been hurting U.S. taxpayers for years, and now, government officials are announcing that 20 people in the U.S. have been arrested and two more people have been brought into custody over IRS scams. According to a report covering the...
Marqeta, the open API issuer processor platform, announced Thursday (Oct. 27) that, in November, developers will be able to use network tokenization technology to offer Apple Pay users even more ways to pay. In a press release, the company said, currently, to add a Marqeta-supported card to Apple...
