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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

PYMNTS

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

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REPORT: The QSR’s Digital Checklist For Surviving The Long Haul

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The delivery sector is setting record revenues as dining rooms are operating at limited capacity, but this trend was in the works long before the pandemic began. cities, including Boston, Chicago, New York and Washington, D.C. Developments From The Order To Eat World.

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Today In Payments: $50B In Crypto Moved Out Of China; Uber Health To Deliver Meds

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Plus, Amazon has put some hiring on hold for its Alexa operation. Report: $50B in Cryptocurrency Moved Out of China. Report: Amazon Slows Alexa Staff Hiring to Improve Margin. Amazon has put some hiring on hold in its Alexa operation amid the pandemic. New Report: How Behavioral Analytics Help FIs Block Fraud at the ITM.

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Ex eBay Execs Admit To Cyberstalking Plot

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Four former eBay employees have agreed to plead guilty next month in federal District Court in Boston, U.S. Bloomberg reported the four could cooperate with federal prosecutors in the pursuit of Baugh and Harville. Calls and emails to the six defendants’ attorney were not returned, the news outlet reported.

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London Cements Uber Ban Over Fake Identities

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Uber was declared “not fit and proper” to operate in London — the ride-hailing company’s largest European market — and now has three weeks to appeal, according to a Monday (Nov. London regulators refused to renew the ride-hailing company’s operating permit over safety concerns and drivers using false identities.

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Merchants Ready For Open Banking — And Its New Laws — To Impact US Rollout

PYMNTS

the Federal Reserve Bank of Boston said, “To date, U.S. A September report found that the number of open banking users in the U.K. Open banking, in brief, securely shares and analyzes data allowing financial institutions (FIs) and FinTechs to iterate and ideally create wonderful new money products that people will love.

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Former eBay Employees Charged In Cyberstalking

PYMNTS

Attorney Andrew Lelling in Boston. It goes pretty far up the chain at eBay,” Lelling said Monday at a news conference, The Wall Street Journal (WSJ) reported. They were both charged with conspiracy to commit cyberstalking and witness tampering.

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