Category: Business

The Christmas countdown is upon us. And with just single-digit shopping days left, the countdown is on to find that perfect gift for those hard-to-buy-for people on your list. So, too, is the pressure to buy for those whose tastes may run to the peculiar, or who already have everything and offer no clues about what might tickle their fancy.

In an effort to help authorized push payment (APP) fraud victims, The U.K.’s Financial Conduct Authority (FCA) unveiled new rules on Friday (Dec. 14). As a result, additional banks or payment services providers (PSPs) may have to compensate victims of those kinds of scams, Financial Times reported. FCA Executive Director of Strategy and Competition Chris Woolard said, according to FT:

Chinese hackers have targeted U.S. Navy contractors and subcontractors to steal classified military information, according to a report by The Wall Street Journal. The hackers gained illegal access to contractors’ networks and stole a range of classified intelligence, including ship data and missile plans. The attacks, which happened in the past 18 months, have spurred Navy Secretary Richard Spencer to

Instagram is working on a shopping feature that would tell brands which products users are bookmarking, according to a report by CNBC. The Facebook-owned company has been giving users shopping-specific features for about a year now, including the ability to bookmark things in photos and videos they might want to purchase. Brands can tag items and users can get more

For Apple, this all seems a case of “catch a falling knife� – that is, if we are referring to the stock price. The stock has slid roughly 15 percent in the past month alone, with sentiment souring on iPhones, of course. At this writing, the shares are down another few mid-digit percentage points to a recent $166, as analysts

One of the largest banks in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), has completed a $170 million (€150 million) loan with Porsche Holding using blockchain technology, according to a report. Although the bank has completed blockchain loans before, it’s never done it with a non-Spanish customer, until now. One of the bank’s previous blockchain loans was completed with state-owned and

A photo API bug may have affected 6.8 million Facebook users who gave permission for third-party apps to access their photos, according to a post by the company on Friday (Dec. 14). “We have fixed the issue but, because of this bug, some third-party apps may have had access to a broader set of photos than usual for 12 days

TransferGo, an up-and-coming international money transfer company, has raised more than $17.6 million in a Series B funding round, according to a report. The London-based company, which was founded in 2012, is available in 47 countries and has offices in Warsaw, London, Berlin, Istanbul and Vilnius. With a customer base of upwards of 800,000 people – and almost 1,00 new

Bitcoin fell to its lowest price in 15 months on Friday (Dec. 14), and analysts are predicting that further declines could be in store for the popular cryptocurrency. The price of bitcoin broke below the $3,200 mark to reach roughly $3,160 in the afternoon, MarketWatch reported. Daily FX Analyst Nick Cawley wrote in a note, which was reported prior to

The importance of a good image — or a strong series of images — cannot be underestimated in eCommerce. In online shopping, choice is informed by what customers see on the screen before them — and if it doesn’t look good the odds aren’t very good that a sale is going to be made. And nowhere is this more true