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Brit MP: Facebook Knew About Russian Meddling in 2014

PYMNTS

politician said Facebook was aware that Russian-linked organizations were harvesting data from the social media giant, since October 2014, according to Bloomberg. Facebook’s Vice President of Policy Solutions Richard Allan testified before the committee on Tuesday (Nov. He refused to discuss the documents.

NOV 57
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Payments Startup Veem Introduces New Tool For Easy B2B Payments 

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Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. 18) press release. Veem said 250,000 SMBs use its platform in over 110 countries and its tools seamlessly integrate with everyday business applications.

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Cybercrime Botnet Chief Ordered To Prison In $100M Scheme

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A Russian cybercriminal was sentenced to eight years in prison for his role in a sophisticated Botnet conspiracy that caused estimated losses totaling more than $100 million, according to a Department of Justice (DOJ) statement on Tuesday (Nov. Hacks have skyrocketed 67 percent since 2014 and 11 percent since 2018, data shows.

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Apple Pay Partners With Nike For 3 Pct. Cash Back

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Nike is offering 3 percent cash back to Apple Card users when a Nike product is purchased using Apple Pay , TechCrunch reported Monday (Nov. 20, 2014, and there are now more consumers with iPhones and Apple Pay wallets, and more stores that can enable an Apple Pay transaction. Apple Pay went live on Oct.

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USA Technologies Launches Universal Card Link Connector

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USA Technologies, the payment technology service provider for the self-service retail market , announced Wednesday (Nov. In a press release , USA Technologies said it developed the connector due to guidelines out in Nov.

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Uber Teams With Marqeta To Issue Global Cards

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As Uber looks to build out a global ecosystem that our users can rely on in all facets of their lives, it was clear we needed a sophisticated card issuing and payments processing partner to reach our true potential,” Jennifer Vescio , global head of business development at Uber, said in a Marqeta blog post on Tuesday (Nov.

NOV 82
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US Consumer Spending, Inflation On The Rise

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The reports come out ahead of the Fed’s next meeting on the subject on Tuesday (Nov. percent, the biggest gain since Nov. 2014, after advancing 1 percent in August. 1) — a week before the presidential election. “The latest data should be of comfort to the Fed. percent after a similar gain in August.