Thu.Jan 23, 2020

DocuSign Wages War On Phishing


More than 4.1 billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in lost revenue per breach. This comes to approximately one hack every 39 seconds, and affects a wide range of businesses and customers.

Canapi VC Firm Commits $545M To Boost FinTech Startups


Venture capital firm Canapi Ventures announced $545 million in funding that will serve as its inaugural venture capital funds, gleaned from a sizable investor base.

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Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud


The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are already being felt across the payments space.

Fraud 148

USAT: Unattended Retail’s (Dawning) Age Of Self-Serve Ubiquity


Evolution is the hallmark of everything that survives over a long period of time — and so it should come as no surprise that unattended retail has evolved, too, over more than a century since the first coin-operated vending machines made their debut in the late 1800s.

Retail 148

Mastercard And VamosPay: Accelerating The Path Toward Financial Inclusion


In the best of partnerships, each member contributes strengths and expertise to create a whole that is greater than the sum of its parts. The partnership model — for example, card networks linking up with FinTechs — can bring such outsized firepower to digital innovation through cross-pollination.

Tools 148

PayPal, UnionPay Deal Builds New Commerce Bridges Into And Out Of China


This week, global luxury brands have seen their stock prices take a sharp hit as reports emerge that a coronavirus with origins in China’s Wuhan region is spreading rapidly and has made its first appearance on U.S. shores.

Cards 148

Helbiz eScooter Sharing App Taps Alipay For Mobile Payments Offering


Micro-mobility giant Helbiz announced a partnership with mobile payments platform Alipay , which will allow customers a wider breadth of access to Helbiz’s eScooters, eBikes and other devices for easy riding through Italy.

Mobile 148

EU Countries Gain Ability To Exclude ‘High-Risk’ 5G Suppliers


New guidelines from the European Union (EU) allow for countries to restrict or exclude “high-risk” 5G providers from important parts of their telecom networks, according to Reuters. The news means that Chinese 5G provider Huawei Technologies could be affected. .