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Report: Holiday Sales Are Best Since 2013

PYMNTS

A new report by Bank of America Merrill Lynch Global Research said this holiday shopping season has been the best since 2013, according to a report by Bloomberg. The season is being led by online shopping and early holiday sales, which the report defined as the three-week period that runs until Black Friday , a period which grew 2.2

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FTC seeks public input on updates to 2013 guide on making effective disclosures in digital advertising

CFPB Monitor

The FTC has announced that it is seeking public input on ways to modernize its 2013 guide titled “. com Disclosures: How to Make Effective Disclosures in Digital Advertising ,” which provides guidance to businesses on digital advertising and marketing.

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Online Wholesaler Boxed Looks For Buyers

PYMNTS

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Boxed, formed in 2013, has raised $240 million from investors, including American Express and GGV Capital. Boxed , the U.S. Boxed, based in New York, offers sales of fresh groceries, office supplies and more.

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Early U.S. holiday sales off to best start since 2013: BofA

Payments Source

American shoppers were quick off their marks early in the holiday-shopping season as retailers rang up the best sales increase since 2013, led by online purchases, according to a BofA Merrill Lynch Global Research report.

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Singapore’s HIV Registry Data Exposed Online

PYMNTS

million people were compromised, Singapore’s Ministry of Health said the personal details and HIV-positive status of 14,200 people were placed online. Despite that, the police just learned he had disclosed the information online. Coming off the heels of a breach in the summer in which the medical records of as many as 1.5

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FBI Charges Russian National With Running Online Hacker Marketplace

PYMNTS

platform since its start in October 2013. Online hacking scandals are prevalent in today’s digital era, with major businesses reporting breaches of their security often. He was arrested on charges of aiding and abetting of trafficking and trafficking in stolen information. As of this week, Deer.io was still up and running.

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Venture Capitalists Wary Of Online Lenders

PYMNTS

With an early string of alternative lenders having a tough go of it, startups looking to raise money are having to show how they will avoid the woes of the online lenders before them. At the same time that online lenders and startups have to prove their ability to thrive, investments overall in that area of the internet are slowing down.

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