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Corporate Debt Has A Bad Side

PYMNTS

Analysts say the nation is facing a 10-year high of bad corporate loans. 70 billion in debts are threatening to cripple Puerto Rico , the result of the government borrowing to keep its state-run businesses afloat, among other factors. months, according to data from May. 75% of millennial small business owners in the U.S.

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China, Alibaba Are Big Players On The Blockchain Patent Block

PYMNTS

That follows a meeting late last month of the Senate Energy and Natural Resources Committee, which examined utilities by looking at blockchain and energy security. Puerto Rico is looking at ways to beef up the performance and security of the electric grid itself, following hurricanes that struck last year.

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Equifax Reaches Historic $575 Million Settlement Agreement Arising from 2017 Data Breach

CFPB Monitor

The FTC complaint alleges Equifax was aware of a security vulnerability in a database containing consumer inquiries about their personal credit data. million Social Security numbers, and 209,900 payment card numbers and expiration dates. Participating in third party audits of its security program every two years.

Data 99
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Walmart Amazon Whole Paycheck Tracker: Grocery Upgrades, Entertainment Expansions

PYMNTS

20) with questions as to whether the footage could be accessed by foreign entities, or whether the technology posed a risk to national security. Security concerns — specifically related to reports of hacked doorbells and foreign employees with broad access — are still being addressed by Amazon. and Puerto Rico.

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Fizzle Of The Week: Puerto Rico’s Cash Crisis

PYMNTS

SEC Hack : The place even has Securities in the name (OK, of a different sort of security) but proves to be anything but secure. Fizzle of the Week: Puerto Rico’s Cash Crisis. Not only are the lights out in Puerto Rico, they are likely going to be out for quite some time. Puerto Rico is short on cash.

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CUs Try To Solve The Cannabis Cash Conundrum

PYMNTS

And yet, beyond the patch quilt of states that have accepted marijuana sales, such transactions are illegal on a national level. During a Senate hearing at the end of July focused on the Secure and Fair Enforcement (SAFE) Banking Act , chairman and Sen. The statements come as legislation looms for debate in the U.S.