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Ex eBay Execs Admit To Cyberstalking Plot

PYMNTS

In June, six former eBay employees were charged with cyberstalking a Massachusetts couple who publish a newsletter that company executives viewed as critical of the California-based eCommerce corporation. Four former eBay employees have agreed to plead guilty next month in federal District Court in Boston, U.S.

San Jose 173
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NEW REPORT: SMBs Bet On PaaS Solutions To Take On Online Giants

PYMNTS

Facing a downturn in customer foot traffic and fierce competition from major online players like Amazon, some physical retailers are now turning to Payments-as-a-Service solutions as a way to level the playing field by improving the customer experience.

Online 144
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New Cyberattacks Aim for ATM Management Systems

Independent Banker

It’s called ATM cash-out fraud, and it’s a new data security threat where physical attacks and cyberattacks converge. The software might spy on an employee’s activity to steal his or her passwords to burrow deeper into the bank’s network and ATM management system. Maria Korolov is a freelance writer in Massachusetts.

ATM 93
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Bringing Government Procurement Into The Digital Age — And Onto Online Marketplaces

PYMNTS

For state and local governments (which strive to buy from smaller, local businesses), the challenge is to manage data about what agencies are buying, and whether procurement processes are being managed well in terms of cost and quality. He added that the government procurement landscape is ripe for digitization and consumerization.

Online 109
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Payfone Nabs $24M In Funding; Partners With TransUnion

PYMNTS

Payfone announced that it has secured a $24 million funding round, led by TransUnion. The funding also included participation from existing investors Synchrony, MassMutual Ventures, Massachusetts Mutual Life Insurance Company and Wellington Management.

Fraud 116
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8 Connected-Economy Firms Expected To Light Up The IPO Market In 2021

PYMNTS

Massachusetts securities regulators recently sued the company , alleging that it exposes investors to “unnecessary trading risks” and prompts inexperienced investors to trade frequently through the “gamification” of stock-market investing. Rival online pet supply firm Chewy staged a successful IPO last year.

Marketing 198
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‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

The data did not reportedly include password information, Social Security numbers or financial information. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. Amazon has opened an online store , establishing a presence on Chinese online shopping site Pinduoduo.

Google 129