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Mastercard Acquires Ekata For $850M To Improve Its Digital Identity And Security Framework

CB Insights

Global payments giant Mastercard has acquired Ekata , a digital identity and security platform provider, in a $850M deal. Ekata: Seattle-based Ekata uses information collected from various sources to provide unique scores, data attributes, and risk indicators to aid companies with identity verification. Who are the parties to the deal?

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Amazon Walmart Whole Paycheck Tracker: Staying Secure, Gaining New Ground And Getting Competitive

PYMNTS

Security Save Of The Week: Blocking The Biggest DDoS Attack Attempt Ever . Experts are predicting the promotion — dubbed the “Big Style Sale” — might be just the lifeline that apparel brands desperately need to reach radically diminished customer bases. On June 22, shoppers will reportedly have the big Amazon sale to look forward to.

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Munchery Leaves Consumers, Vendors Out $6M

PYMNTS

Meal kit service Munchery has filed for bankruptcy and still owes $3 million in unfulfilled customer gift cards and another $3 million to its vendors and suppliers. That came after it shut down service in Seattle, Los Angels, and New York. million in senior secured debt, as well as convertible debt of approximately $23 million.

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How Amazon’s Cashierless Tech Will (Or Won’t) Change The Physical Retail Landscape

PYMNTS

with new openings scheduled for New York, Chicago, Seattle and San Francisco on the agenda for his year. Shoppers enter the store using a credit card. And, as of reports two weeks ago, cashierless tech is breaking out of the small footprint, convenience store-esque locations that are Amazon Go stores.

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Walmart+ And Amazon Prime Face Off As Consumers Decide Who Gets Their Business

PYMNTS

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits.

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Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

The biometric software behind facial recognition applications can identify facial structures, contours, and expressions, making it a no-brainer for security and identification purposes. Facial recognition, along with AR, is also making brands data rich — especially beauty brands. But the tools have the ability to improve.

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Beyond Amazon Go: The Technologies And Players Shaping Cashier-Less Retail

CB Insights

Unmanned retail can: Set up points of sale in new places: As shopping malls struggle and brick-and-mortar foot traffic declines, brands don’t want to wait for shoppers to come to stores. However, RFID tags could provide extra security for unmanned retailers of higher-priced goods. Key players to watch. Theoretically, (i.e.,

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