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Dozens Of Car2go Mercedes Stolen In Chicago Area

PYMNTS

Daimler’s car-sharing service car2go was shut down temporarily Thursday (April 18) in Chicago after a slew of Mercedes-Benz cars were stolen by using the app. The Chicago Police Department confirmed the theft and said the investigation was continuing. With that investment, car2go’s valuation increased to $341 million.

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A Slew Of Car2go Mercedes Stolen In The Chicago Area

PYMNTS

Daimler’s car-sharing service Car2go was shut down temporarily Thursday (April 18) in Chicago after a slew of Mercedes-Benz cars were stolen by using the app. TechCrunch reported the Chicago Police Department confirmed the crime and said the investigation was continuing.

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Chicago Trader Charged With Crypto Theft

PYMNTS

Marking the first prosecution in Chicago of theft in the cryptocurrency industry, a trader with a financial firm was charged with fraud. Securities and Exchange Commission (SEC) could protect investors from the volatility associated with the virtual currency and from fraud in the largely unregulated market.

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Fed Names New Payments Security Leader

PYMNTS

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S. Treasury and financial market, among other responsibilities.

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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

Rinse has a solution for both, and thanks to a $14 million Series B funding round led by Partech, it’s taking that solution to two new cities: Boston and Chicago. The $14 million of funding Rinse recently secured will not be going into the company’s tech as much as into building out its team as it looks to launch in new markets.

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Selling Security

Independent Banker

Security fears about online banking may be impairing your community bank’s ability to grow demand deposit accounts. Nearly two-thirds of those who do not use mobile banking cite concerns about security issues such as data interception, phone hacking, or a lost or stolen phone. Many aren’t aware of simple security practices.

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TRENDING: Portillo’s On Pushing Order-Ahead Security To The Next Level

PYMNTS

During its two years of offering the service, the Chicago-based restaurant chain has been watching how customers interact with mobile ordering and has adjusted its offering with features shaped by those observations. How Portillo’s Caters To Cravings For Group Order-Ahead. For the full story, download the Tracker.

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