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Forever 21 Stores Hacked

PYMNTS

According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating. The company, which operates more than 815 stores in 57 countries, did not say which specific locations were affected.

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Balancing customer expectations (and risks) in real-time payments

Insights on Business

Would you rather travel from New York to Los Angeles, hyperloop style , in half the time of flying, knowing that your safety is not assured, or sit aboard a conventional flight for 7 hours, knowing that you have chosen a statistically safer, though significantly slower, means of travel. IBM RegTech Innovations. Riddle me this?

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Balancing customer expectations (and risks) in real-time payments

Insights on Business

Would you rather travel from New York to Los Angeles, hyperloop style , in half the time of flying, knowing that your safety is not assured, or sit aboard a conventional flight for 7 hours, knowing that you have chosen a statistically safer, though significantly slower, means of travel. IBM RegTech Innovations. Riddle me this?

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The 2018 Bling Ring’s Commerce Challenge

PYMNTS

Earlier in the week it was reported that the Los Angeles police department arrested a criminal gang composed of three teenage boys and one of their mothers in connection with a string of high-profile robberies. The trio allegedly had just robbed the home of Los Angeles Rams receiver Robert Woods. Pokora” Tota.

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Finovate Fall 2016 Live Blog – Day 2

William Mills

I like the idea but I am a bit concerned about the potential for fraud from both companies and investors. Addresses compliance, fraud experience and customer experience analytics. Social media is a special challenge since social media was not created with compliance in mind. users fall victim to fraud.”

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11 Lessons From Startup Chapter 11s

CB Insights

The company announced it was effectively ceasing operations immediately and filing for Chapter 11 bankruptcy, putting more than 1,100 people out of work overnight. In January 2019, Munchery abruptly ceased all operations, as it informed customers via email. By September 2011, Solyndra’s business model had fallen apart.

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Girding For Iran’s Cyberattacks On The US — Where Past May Be Prologue

PYMNTS

As reported by CBS News , a spokesperson for the Cybersecurity and Infrastructure Security Agency (CISA), which operates as a division of the Department of Homeland Security (DHS), said, “We are aware [that] the website of the [FDLP] was defaced with pro-Iranian, anti-U.S. Past Is Prologue.

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