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Ex eBay Execs Admit To Cyberstalking Plot

PYMNTS

Four former eBay employees have agreed to plead guilty next month in federal District Court in Boston, U.S. The victims were a Natick, Massachusetts couple who are the editor and publisher of an online newsletter that covers eCommerce companies, according to court documents. Attorney Andrew Lelling tweeted Wednesday (Sept.

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Former eBay Employees Charged In Cyberstalking

PYMNTS

Attorney Andrew Lelling in Boston. former manager of eBay’s Global Intelligence Center; Veronica Zea, 26, of San Jose, a former eBay contractor; and Brian Gilbert, 51, of San Jose, a former senior manager of special operations.

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Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its Car-Sharing Platform

PYMNTS

Maven had already began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City. In “Navigating the COVID-19 Pandemic: Post-Pandemic Reset Edition,” PYMNTS documents the eight ways that more than 8,000 U.S. Senate Passes Bill That Adds $310B More To PPP Loans.

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Hilton Times Square Closure Bruises NYC Tourism Rebound

PYMNTS

Hilton’s Times Square loss is more a reflection of how COVID-19 has bruised the Big Apple’s remarkable tourism industry than it is a commentary on individual hospitality operators. And while properties in “certain urban markets” including Boston, Chicago and New Orleans saw upticks in July, a COVID resurgence cooled the trend.

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How can bank boards respond to increased regulatory scrutiny?

Abrigo

As noted in the OCC’s document, Common Sense Approach to Community Banking , a bank’s board of directors “must determine whether the risks the bank assumes are warranted, effectively managed, and consistent with safe and sound banking practices.” How complex is the bank’s operating model? How is the management of risk overseen?

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Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

Abrigo

Their loan requests, according to court documents, were made to pay employees for a business that was not operating at the time of pandemic and had no salaried employees. In fact, they estimate fraud rates could be as high as 10% to 12% – consistent with loan fraud from other disasters.

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Football Season To Kick Off New Payments Plays

PYMNTS

As new PYMNTS research documents, over the past year, 18 Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL) and Major League Soccer (MLS) arenas have deployed biometric solutions by CLEAR. For the 2019 NFL season – PYMNTS is based in Boston, so Go Pats! –

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