San Francisco-based Revel Systems announced Lisa Falzone, co-founder and CEO of Revel, has been chosen by EY as one of the 12 entrepreneurs selected for the 2015 North American Entrepreneurial Winning Women program.
More than 90 million attempted cyber attacks across industries were launched in the third quarter, representing a 20% increase over the previous quarter. Fraudsters are now using bots and botnets to run massive identity testing sessions in order to penetrate fraud defenses.
The average late stage U.S. credit card delinquency (90+ day) among the nation’s six largest issuers increased five basis points (bps) sequentially, to 0.85% for the third quarter, compared to 0.80% in the prior quarter and 0.88% one-year ago. However, all the issuers, except Capital One, were down year-on-year (YOY), according to CardData.
Deal done – PayPal has completed its acquisition of Xoom. With Xoom, PayPal has access to 1.5 million active U.S. customers that sent approximately $7.1 billion in the 12 months ending on September 30, 2015 to people in 40 countries such as Mexico, India, the Philippines, China and Brazil.