The WSJ article last week, finally, told the story of Apple Pay’s failure to meet the hype generated at its launch. Karen Webster writes that the story they told isn’t news at all, but one that PYMNTS/InfoScout data on consumer adoption and usage has told for the last 2.5 years. But it does, she posits, raise a bunch of new questions at a critical point in time for Apple Pay. Like whether, this time around, Apple should pay the banks.  Read More...

Business is booming for distributed denial-of-service (DDoS) attacks. While it can cost as little as $7 an hour to arrange an attack, cybercriminals can make an average on $25 per hours in profit – with margins like that it’s no wonder DDoS crimes have grown in popularity. In this week’s Hacker Tracker, Andrey Pozhogin, a cybersecurity expert at Kaspersky Lab North America, gave PYMNTS the low down on the profits and costs associated with one of the most popular tools in cybercriminal portfolio.  Read More...

As more people move into a more eco-concsious mindset, companies are responding to that call. In today's Weird Commerce, we focus on Drumi, a cordless washing machine that uses zero electricity. Its parent company Yirego seeks to expand into more eco-friendly home appliances within the next few years.  Read More...