News

Security & Fraud
Faketoken Mobile Banking Trojan Threat Evolves
December 20, 2016

Kaspersky Lab announced that the mobile banking Trojan known as Faketoken has now modified to include a data encryption capability. The Trojan is estimated to be attacking more than 2,000 financial applications across the globe. Get the Full Story Complete the form to unlock this...

Investments
Careem Raises $350 Million In Funding
December 20, 2016

Taxi-hailing app Careem, which is a competitor to Uber in the Middle East, has raised $350 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Virtual Assistants Slated To Surpass VR This Holiday
December 20, 2016

Gadgets and gizmos, oh my. ‘Tis the season for buying and gifting electronics, with most people placing them at the top of their list. As for what type of electronic gift, analysts are now predicting a battle between those that start with the word virtual....

Merchant Innovation
Uber Faces $800M In Q3 Losses
December 20, 2016

Price wars are expensive — just ask the team at Uber, which has put $800 million in losses on the board during the third quarter of this year. Those big loss figures come care of a price war with rival ride-hailing service Lyft in the U.S. and...

Security & Fraud
Lynda.com Hacked; Impacts 55,000 Passwords
December 20, 2016

Lynda.com, the online learning unit of LinkedIn that is now a subsidiary of Microsoft, is the latest victim of a data hack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Investments
Lloyds Buys MBNA From BoA for $2.35B
December 20, 2016

Lloyds has announced that it will purchase MBNA — a credit card firm currently owned by Bank of America — for $2.35 billion.  The move represents the bank’s first big acquisition since the 2008 financial crisis. Get the Full Story Complete the form to unlock this article...

Retail
Uber Fights Regulators About Self-Driving Cars
December 20, 2016

Uber is increasing its battle with regulators, taking the fight to self-driving cars. 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 daily newsletter, PYMNTS Today....

Omnicommerce
Keeping Omnichannel From Becoming An Enemy
December 20, 2016

There’s no doubt that being able to meet shoppers across any channel at any point in their shopping journey is important, but that doesn’t make going down the omnichannel path any easier. Get the Full Story Complete the form to unlock this article and enjoy...

Alternative Finances
How Blinker Wants To Disrupt Car Sales
December 20, 2016

The problem, according to Rod Buscher, CEO and founder of Blinker, is that most Americans need a car — meaning they often don’t feel they have a lot of power to dictate terms when it comes to getting a car. Get the Full Story Complete the...