Cognizant Corporate Cards Targeted In Cyberattack

A cyberattack from Maze ransomware against global business and tech firm Cognizant mostly hit the company’s corporate cards that had been issued to employees, the company told authorities, according to The Times of India. The attack was discovered April 20, and officials found that the as-yet-unknown assailants were able to take a “limited amount” of data from the … Continue reading Cognizant Corporate Cards Targeted In Cyberattack Continue Reading

Consumers Duped By ‘Risk-Free Trials’ To Get $8.7M In Refunds From FTC

The Federal Trade Commission (FTC) is sending out over $8.7 million in refunds to 187,425 customers who were reportedly signed up for non-consensual payment plans with San Diego’s Triangle Media Corporation, according to a press release. Triangle, along with other defendants in the FTC’s case, was marketing items online, such as skin creams, electronic cigarettes, and … Continue reading Consumers Duped By ‘Risk-Free Trials’ To Get $8.7M In Refunds From FTC Continue Reading

Coronavirus Refunds: Carnival Cruise Lines Lengthens North America Pause

As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want compensation for things they paid for but aren’t able to use. In some cases, cruise lines are offering credits or refunds for voyages. Carnival Cruise Lines has voluntarily lengthened its operational halt in North America up to the end of September and is … Continue reading Coronavirus Refunds: Carnival Cruise Lines Lengthens North America Pause Continue Reading

Singapore’s TiffinLabs To Launch 1,000 Smart Kitchens For Food Delivery

Singapore-based foodtech company TiffinLabs has acquired access to more than 1,000 kitchens across the U.S., Europe and Asia, which it intends to use for a new network of smart kitchens, according to a press release. TiffinLabs opened in early 2019 and is operating some kitchens in Singapore, including digital-first restaurant brands Publico Pastabar and Hureideu – Korean Fried … Continue reading Singapore’s TiffinLabs To Launch 1,000 Smart Kitchens For Food Delivery Continue Reading

Visa On Its 1 Billion Token Milestone — And What Lies Ahead

In the great digital leap, roughly $158 billion in brick-and-mortar sales are moving online, according to PYMNTS’ analysis. And with the continued shift from in-person commerce to card-not-present sales, trust is important. Consumers need to know that personal and payments-related data are secure. Reducing fraud is critical, as fraudsters look toward new avenues of stealing credentials and draining … Continue reading Visa On Its 1 Billion Token Milestone — And What Lies Ahead Continue Reading

Amazon Big Style Sale Keeps Consumers Guessing

With the 618 shopping festival wrapped and successful in China, attention now turns to Amazon and its series of shopping events, including this week’s The Big Style Sale. But in addition to great deals on apparel and handbags, what you will find online is a lot of questions about not The Big Style Sale week, but about Amazon Prime Day. As … Continue reading Amazon Big Style Sale Keeps Consumers Guessing Continue Reading

Apple To Let Developers Challenge App Store Rules, Mum On Apple Pay During WWDC

Apple’s annual Worldwide Developer Conference kicked off Monday (June 22) with Apple announcing new developments for its ever-expanding ecosystem. New software is coming soon to iPhone, iPad, Mac Computers, Apple TVs and Apple Watches — and old partnerships are evaporating as Apple has announced that mature Macs will us chips made by Apple instead of Intel. Developers, … Continue reading Apple To Let Developers Challenge App Store Rules, Mum On Apple Pay During WWDC Continue Reading

Digesting The Payments Modernization ‘Elephant’ — Bite By Byte

As the old adage goes: The best way to eat an elephant is one bite at a time. As financial services firms and banks grapple with the tsunami of digital payments, many companies must modernize their infrastructure and back-end processes. In a virtual roundtable discussion with Karen Webster, Vincent Caldeira, chief technologist, FSI, APAC at Red Hat, … Continue reading Digesting The Payments Modernization ‘Elephant’ — Bite By Byte Continue Reading

Kinn Studio Finds Its DTC Legacy The Hard Way

For Kinn Studio CEO Jennie Yoon, having a family legacy is important. When PYMNTS interviewed her for this feature she was toting her own legacy, her 1-year-old daughter. And when she talks about family heirlooms, she said she knows her stuff the hard way. Kinn is a direct-to-consumer (DTC) company that takes hand-designed, locally crafted jewelry very seriously. … Continue reading Kinn Studio Finds Its DTC Legacy The Hard Way Continue Reading

Inside Visa’s Plans To Get 50 Million SMBs Back On Track

The first half 2020 has been undeniably hard on small- to medium-sized businesses (SMBs) forced to close their doors, rapidly reset operations around digital commerce and struggle to stay afloat amid what’s been an ongoing cash crunch for many. But Suzan Kereere, Visa’s head of merchant sales and acquiring, told Karen Webster recently that the U.S. economy … Continue reading Inside Visa’s Plans To Get 50 Million SMBs Back On Track Continue Reading