Bank regulators probe Amazon Cloud, Square sells Caviar to DoorDash, How to cut the phishing lines

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 2, 2019

PODCAST: Cybersecurity

How To Cut The Phishing Lines That Bind Us

Fraudsters are ever bolder when it comes to phishing scams, which are up 76 percent year over year. Stopping them, DataVisor CEO Yinglian Xie tells Karen Webster, takes a collaborative effort that unites telecoms, merchants and machine technology – and an educated, vigilant consumer. Here’s how.

 

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Square

Post Caviar, Square Circles Wagons On Cash Apps – And Loans

A $410 million deal to sell Caviar was not enough to sway investors to look beyond the latest earnings report and guidance – and they sent Square shares down 7 percent after the bell. Gross payment volume was a bit below expectations, while loans surged 36 percent year on year. But, can a laser focus on apps, debit cards and, yes, even restaurant application programming interfaces (APIs) (even post-Caviar) keep sales (and the company) lofty?

 

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FX And Emerging Markets

The B2B Marketplace Fix For FX In Emerging Markets

Liquidity and transparency are lacking for so called “exotic” currencies that makes cross-border trade tough in emerging markets. Fresh off a seed funding round, VertoFX CEO Anthony Oduwole tells Karen Webster why an online marketplace model helps kill the pain points for small businesses looking to tap into global trade.

 

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ResTech

OpenTable Moves Into Delivery – Why – And Why Now?

OpenTable announced its latest services expansion last week – offering users the option to order in, instead of making reservations. Booking Holdings, Open Table’s parent company, CEO Glenn Fogel described it as an ecosystem play to offer a set of services more valuable together than they could ever be individually. Will it deliver? We break it all down.

 

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 Disbursements Tracker™

Putting AI In The Auto Insurance Claims Drivers Seat

For the roughly 6 million Americans who get into car accidents each year, another harrowing experience awaits when it comes to the insurance claim. After an appraisal, consumers typically wait days or weeks for a check to arrive, delaying the repair of their car. In the new Disbursements Tracker, Julie Kheyfets, head of North America for damage appraisal company Tractable, discusses how artificial intelligence (AI) solutions can streamline settlements and expedite auto repairs.

 

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What's Hot


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Bank Regulators Probe Amazon Cloud


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Western Union Misses On Earnings, Announced 10 Pct Staff Cut


Investors Upbeat On Shopify’s ‘Global Retail Operating System’


RedCard, Zelis Merge To Optimize Healthcare Payments


Alphabet Surpasses Apple In Terms of Cash In The Bank


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