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Ex eBay Execs Admit To Cyberstalking Plot

PYMNTS

Two others who were charged but have denied any wrongdoing include James Baugh, 45, of San Jose, eBay’s former senior director of safety and security; and David Harville, 48, of New York City, eBay’s former director of global resiliency.

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Former eBay Employees Charged In Cyberstalking

PYMNTS

The release states that former eBay employees arrested on Monday (June 15) included James Baugh, 45, of San Jose, California former senior director of safety and security, and David Harville, 48, of New York City, former director of global resiliency.

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3 Not-So Futuristic Blockchain Applications

Bank Innovation

SAN JOSE, Calif. — Blockchain – or the distributed ledger technology – is rushing out of test labs, and into real-life applications. In fact, in the last quarter alone there were 50 publicly announced proof-of-concept projects, with more than 120 participants, according to CoinDesk.

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Chase Leans Strategy to ‘Buy’ from ‘Build’

Bank Innovation

SAN JOSE, Calif. – The “build or buy” scale is leaning increasingly towards “buy” at JPMorgan Chase, as fintechs become less concerned with disrupting traditional banks. That’s the upshot from Adam Carson, the bank’s head of digital partnerships, during a fireside chat at Bank Innovation 2017. “In

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Automation Anywhere to acquire process mining firm FortressIQ

BankInovation

The FortressIQ acquisition will build out the RPA vendor's existing Discovery Bot process mining tool, Mike Micucci, chief operating officer at the San Jose, Calif.-based Terms of the acquisition were not disclosed. based Automation […].

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Popularity of Customer Engagement Tools Reveals Weakness of Cores

Bank Innovation

SAN JOSE, Calif. — One of the major themes in the first day of Finovate Spring (aside from perennial favorite authentication) was customer engagement — having better discussions with customers in a digital environment in order to deliver more relevant products and services.

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PayPal Sells Consumer Loans to Long-Time Partner Synchrony Financial

Bank Innovation

Yesterday, the San Jose, Calif-based PayPal said it agreed to sell $5.8 Payments company, PayPal will sell its U.S. consumer loan portfolio to Synchrony Financial. billion in consumer credit receivables to Stamford, Conn-based Synchrony Bank, a unit of Synchrony Financial. Synchrony Bank has been PayPal’s banking partner since 2004.

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