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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System

PYMNTS

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has debuted a government-run instant digital payment infrastructure. Pakistan Launches Payment System To Boost Financial Inclusion. Checkout.com, a U.K.-based

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Amazon Go, One Year Old, Has Attracted a Host of Cashierless Imitators

Bank Innovation

The Seattle startup went so far as to open a Detroit office to cozy up to the auto industry. Mighty AI spent much of its first five years building software that helps self-driving cars recognize real-world objects.

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MGM Resorts Admits To 2019 Hack

PYMNTS

MGM Resorts International, a hotel and casino operator, admitted it had experienced a data breach following a report saying information on 10.6 The hotel said the data breach didn’t involve any password, financial or payment card information, and that all the guests who were affected were notified of the incident.

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Manheim, DHL Collaborate On Transportation Management

PYMNTS

DHL will use the company's Global Control Tower in Detroit, alongside various U.S.-based And there will be a new integrated user experience portal for use by shipping and operations workers. based logistics support teams in order to give more visibility for inventory flows and optimize vehicle moves, the release stated.

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Newegg Victim Of Data Breach That Lasted A Month

PYMNTS

According to a news outlet citing RiskIQ Threat Researcher Yonathan Klijnsma, the research found that hackers installed 15 lines of card skimming code on Newegg’s payments page, which stayed on the site from Aug. The breach of Newegg shows the true extent of Magecart operators’ reach,” said Klijnsma in the report.

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Second Largest US Mall Owner Defaults On Loan Payment

PYMNTS

Loan payment dues from the recession era borrowing binge of the last decade are coming back to haunt the withering malls in America. One such case is that of the Detroit-based Lakeside Mall that has defaulted on a $144 million loan payment. The property is operated by the second largest U.S.

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Want To Build A Retail Experience? Get An Incubator

PYMNTS

What works today – or, at least, what is supposed to work – are commerce and payments experiences. According to the report, he said that “Greenhouse will operate as a separate unit that sits outside of our walls, both figuratively and literally. Mere retail is not enough. Incubator Aims. Take the Walmart example. “So Today, the U.S.

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