Citi Names Gonca Latif-Schmitt As Head Of Commercial Card Unit, Plus Uber Upgrades Uber Business, NuOrder Closes Series B To Total Funding of $21.9M.
| | | | BUSINESS TO BUSINESS EDITION | | Urban FT Makes Bid For Troubled Online Bank Digiliti
Urban FT has launched a bid for struggling mobile money firm Digiliti. To get a sense of strategy behind the deal, Karen Webster got an exclusive first look with Urban FT's CEO Richard Steggall about why he and Urban FT took such an interest in a digital bank thatâs seems to be teetering on the edge of disaster.
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| Did You Hear The One About The Man Dressed Up As A Car Seat?
The people of Arlington, Virginia got something of an unexpected sight last week â as they saw what they thought was the areaâs first autonomous vehicle cruising the streets. And while it actually remains unclear if the car was driving itself or not â it actually wasnât unmanned. Itâs just that itâs driver was dressed as a car seat â all in the name of helping advance the cause of autonomous vehicles.
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| | Cybersecurity | | Interview With A Financial Vampire
We know what fraud looks like for consumer victims and for merchants, but what about for the fraudsters themselves? PYMNTS had the unusual opportunity to interview the CFO of an international fraud syndicate that traffics stolen credit card credentials. By this executiveâs account, it turns out that running a fraud syndicate is pretty much just like running any other business, complete with risks, investors, partner expenses, and bad employees. Read More... |
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