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FBI Hot On Syrian Money Laundering Trail

PYMNTS

There are two criminal complaints that have been unsealed in Virginia against Peter Romar, Ahmad Umar Agha (known online as “The Pro”) and Firas Dardar (“The Shadow”). Upon successful phishing attempts, the two men would use stolen data, including passwords, to deface websites and hijack social media accounts.

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

CB Insights

Facial recognition, for example, could capture what a shopper is looking at, and enable retailers to later serve up related promotions to the shopper via email or online ads. Banks are beginning to use facial recognition as secure login tools for customers using their online banking sites and apps. Social Media/Entertainment.

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Amazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns

PYMNTS

The Crystal City, Virginia HQ2 plans are still underway, as are plans for a new operations hub in Nashville. His commentary about bitcoin over the years has included the words “stupid” and “a fraud,” along with threats to fire any employee caught trading it. Has Apple come to save online journalism – or to bury it?

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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

ZestFinance, for example, has worked with both Baidu and JD.com on credit scoring, while DataVisor has worked with Chinese companies including Alibaba, Momo, and Cheetah Mobile on machine learning-driven fraud detection. CHINA INVESTMENT IN US TECH BY Stage.

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A Brief History Of Libra

PYMNTS

Both noted that while the rollout and media coverage has mainly focused on Libra as a “Facebook product,” that is not how they view the opportunity to sign on as a founding member. We have to understand what they really want: protecting consumers, avoiding fraud, avoiding terrorism financing, avoiding money launderers.