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Live Nation Settles With DOJ Over Ticketmaster Antitrust Violation

PYMNTS

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. The agreement — which was set to expire in 2020 — bars Live Nation from forcing venues to use Ticketmaster when they want to book tours, as well as retaliating when a venue uses another ticketing service.

National 130
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Kohl?s Leans Into Digital During Pandemic Store Closures

PYMNTS

The retailer, for its part, has reopened approximately half of its stores throughout the nation. The company issued $600 million in notes due 2025, replaced as well as upsized its revolver to a $1.5 billion secured facility and managed its inventory receipts “meaningfully lower.”

Retail 235
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Does KBA Have A Place In Online SMB Credit Checks?

PYMNTS

Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. Government-issued digital identities are not just the realm of sovereign nations. Another form of identity security is biometrics.

Online 144
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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. Artificial intelligence (AI) has emerged as a powerful tool in the fight against financial crimes.

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The Future of Checks – Tales From The Crypt

South State Correspondent

With the strong expected growth in instant payments from FedNow and the widespread adoption of Request for Payment by The Clearing House, checks are expected to suffer another material decline in 2025 as traction increases. The channel is not secure, and any criminal can steal, forge, or alter the checks almost at will.

Fraud 195
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Youth Sports: Don’t Wink At The Ref — Just Pay Them Faster

PYMNTS

Faster payment schemes are advancing worldwide, with the global real-time payments market expected to increase at a compound annual growth rate (CAGR) of 32 percent between 2019 and 2025. Deep Dive: Security in the Time of Faster Payments. Get the full story in the Tracker. To read the Deep Dive, download the Tracker.

Nebraska 144
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Five At Five: Twitter Warns Investors On Monthly User Totals

PYMNTS

Security Officials Warn of Potential Supply Chain Hack. National Counterintelligence and Security Center warned that Russia, China or Iran could be involved in such an attack, targeting software linked to the supply chain. The report by the U.S. Google Bans Apps that Mine User Devices for Crypto.