Does SoundCloud want to be more like Spotify or more like Apple Music? According to a story in The New York Times, the online audio distribution platform would actually like to outdo both, as SoundCloud‘s long-awaited subscription plan — which launched yesterday (March 29) — is coming out...
EMV makes it harder for a person in a store to fake their identity via a counterfeit card. Online, it’s starting to look like the Wild West. In The March edition of the PYMNTS Digital Identity Tracker™, powered by Socure, we talk to TransUnion’s Rurik...
A small business never rests, even within a period of economic growth and stability. SMEs can take the cash flow breathing room in lucrative times and work out their strategy for expansion. According to the latest data from SunTrust Banks, not every SME in the...
“Stealing an identity has never been easier than it is today, and it will be even easier tomorrow. That’s why fraud is always about identity.” That’s Michael Reitblat, the CEO of Forter, a fraud prevention platform whose business is designed to make it harder for...
The global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions has upgraded its specs. In a press release yesterday (March 29), EMVCo — which is collectively owned by American Express, Discover, JCB, MasterCard, UnionPay and Visa — announced that it has updated...
As details of the bank heist that allowed hackers to lift nearly $81 million from the central bank of Bangladesh continue to emerge, the story now has a new twist as investigators continue the search for the mastermind behind the attack. During a money laundering hearing...
If there is one thing every startup needs to succeed — other than an innovative idea — it’s a steady and sizable flow of capital to keep all the gears in motion. On Tuesday (March 29), India took a big step forward in joining the globalized economy,...
Cybersecurity firm FireEye warns of the dangers that custom-built malware poses to retailers due to its ability to capture payment card details directly from retail point-of-sale (POS) systems. In an article posted to its research blog on Monday (March 28), FireEye warned about the POS...
The march toward bringing blockchain to new applications and services continues. As The Wall Street Journal reported Tuesday (March 29), Depository Trust & Clearing Corp. (DTCC), which WSJ said is “at the center of Wall Street’s trading infrastructure” and which settles trades in various financial...
