News

Security & Fraud
Hackers Leveraged SWIFT Gaps To Pull Off Heists
May 01, 2017

Hackers took advantage of gaps in cybersecurity coverage at the periphery of the Society for Worldwide Interbank Financial Telecommunication’s (SWIFT) network — which enables cross-border banking transactions worth trillions for some 10,000 banks that use the service across more than 200 countries — to pull off a...

IPO
Carvana Stock Falls Short On First Day Of IPO
May 01, 2017

Carvana Co., a leading eCommerce platform for buying used cars, saw its shares fall 16 percent on the first day of its initial public offering (IPO). According to Barron’s, the stock was down $2.33, or almost 16 percent, at $12.67, below its IPO price of $15....

Artificial Intelligence
Tencent To Open Seattle AI Research Lab
May 01, 2017

Chinese internet giant Tencent, which just last month passed Wells Fargo to become the world’s tenth most valuable public company, recently announced a play that looks to boost the company’s AI prowess. Get the Full Story Complete the form to unlock this article and enjoy...

News
FTC Gives Dollar General Approval To Buy Dollar Express Stores
May 01, 2017

Dollar General got approval from the Federal Trade Commission to purchase more than 300 Dollar Express stores across 36 states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
Netflix Show Leaked, Other Studios’ Content Up For Ransom
May 01, 2017

Even as Netflix and other media companies invest internally in the latest cybersecurity, services at outside entities remain at risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Payments Innovation
Facebook’s MySpace Problem
May 01, 2017

Could fake news and horrific videos in the Facebook news feed create Facebook’s MySpace moment? It’s the question that Karen Webster ponders this week, saying it’s not as far-fetched as it may sound. It’s also a case study that Facebook CEO Mark Zuckerberg knows all...

Mobile Payments
Mastercard President On How Networks Drive Innovation
May 01, 2017

From bits of paper receipts to bytes across POS, payments have scaled technological heights globally. At an Innovation Project 2017 fireside chat, Mastercard president of Global Products and Solutions Gary Flood told PYMNTS’ Karen Webster that the only constant across networks is change.  

B2B Payments
Visma, Youredi Partner To Help Small Suppliers Act Big
May 01, 2017

SaaS company Visma is teaming up with Platform-as-a-Service company Youredi to enhance SMEs’ supply chain management capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

B2B Payments
OpenGov’s Growth Partly Thanks To President Trump
May 01, 2017

OpenGov, the Redwood City, Calif. company that makes software used by local governments to keep financial records that are transparent, has been gaining traction and credits some of that to the election of President Donald Trump. Get the Full Story Complete the form to unlock...