Friday, 22 Feb 2019
Author: admin

Discovery of cameras built into airlines’ seats sparks privacy concerns

Cameras pointed at passengers have been noticed in the inflight entertainment systems used by some American Airlines and Singapore Airlines aircraft, BuzzFeed News reports. Both airlines have confirmed that the cameras exist, but they say they were included with off-the-shelf parts from manufacturers and have not been activated. The airlines also confirmed that they have […]

BMW and Daimler will spend over $1 billion on the future of transportation

BMW and Daimler, two giants in the automobile sector, are pooling their resources in a joint mobility effort that spans autonomous cars, ride-hailing, electric scooters, car-sharing, and electric car charging. The two companies announced on Friday that their intention is to spend $1.13 billion on the venture, an eye-popping sum designed to make the rest […]

Formjacking Takes Off (And The Rest Of The Week In Sizzle And Fizzles)

While there is much negative to be said about cybercriminals, one can’t accuse hackers and cybercriminals of being uncreative in their methods.  As phishing and ransomware become known commodities in the world of digital security, the hackers and crackers just change up their methods. Their latest malovation?  Formjacking. The method works when cybercriminals insert some […]

American Eagle Tests ‘Style Drop’ Subscription

To let shoppers access clothing for a fixed fee on a monthly basis, American Eagle Outfitters is testing out an American Eagle Style Drop subscription offering. Customers can have “unlimited access” to clothing, according to Chain Store Age. With the subscription, shoppers can look through selections that get refreshed on a weekly basis. Those items are […]

Deep Dive: How Challenger Banks Navigate Licensing Obstacles

Challenger banks first emerged on the U.K. financial services scene in 2015, and were considered minor competitors to more established legacy players. Since then, these types of institutions — also known as upstart banks and neobanks — have matured, evolved and increased their reaches. As such, challenger banks like Atom Bank, Starling Bank and Monzo […]

Venmo Debuts Limited Edition Rainbow Card

Today Venmo will be rolling out its latest card offering for consumers.  Joining the lineup of the six brightly colored, Mastercard-branded debit cards Venmo rolled out about six months ago, the limited edition rainbow card is Venmo’s latest debit offering for customers that want more ways to pay with their Venmo account funds. “We’ve seen […]

Alias Creators On Security, GDPR And Data As The New Oil

“Alexa, how secure is my data?” Smart speakers and other IoT devices are growing in popularity and affordability for consumers, many of whom are now weighing their convenience and novelty against growing data concerns. New rulings like the European Union’s Revised Payment Services Directive (PSD2) and General Data Protection Regulation (GDPR) are calling for greater […]

Barclaycard Links Travel Agents To Virtual Cards Via Amadeus

Travel booking company Amadeus is integrating Barclaycard virtual card technology into its Amadeus B2B Wallet solution to streamline business payments processes, the company announced Thursday (Feb. 21) in a press release sent to PYMNTS. Barclaycard will integrate its virtual card tool Precisionpay into the digital wallet, enabling travel agencies using the Amadeus solution to generate […]

Euler Hermes, C2FO Team Up On Unpaid Invoice Protection

Alternative small business (SMB) finance company C2FO is integrating a new solution from Euler Hermes to help small businesses protect against the risk of unpaid invoices. In an announcement on Thursday (Feb. 21), C2FO and Euler Hermes announced their partnership, which will link C2FO small business customers with Euler Hermes’ Single Invoice Cover product, protecting B2B […]

Logistics, Alt Lending Lead B2B Startup Funding

The more than $1.593 billion raised by B2B startups this week showcases investors’ interest in business finance and payments. FinTechs that landed new funding include a firm targeting friction in B2B payments in the construction space, alternative small business lenders and a company helping accountants guide their SMB clients toward capital. But it was logistics […]