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Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web:
Too much caution? Netflix hasn't been breached, but its email alerts are leading some customers to panic anyway. The company has been sending alerts urging customers to change their passwords after detecting a suspicious login attempt, according to an Ars Technica writer who received the alert. It's not unheard of for banks and e-commerce sites to reset passwords in such cases — sometimes going overboard, as when eBay requested that all of its customers reset their passwords after a 2014 breach — but in this case the writer suspects it was a false alarm. "My … concern is that the Netflix notice I received ultimately contains dubious information — at least, as far as I can tell. I pressed both the customer service rep and Netflix's official press representatives for harder data about why exactly my account was flagged or whether some 'suspicious sign-in' had absolutely been tracked, and I never got it," the article states.
The Netflix Inc. app is demonstrated for a photograph on an Apple Inc. iPad mini tablet computer in Tiskilwa, Illinois, U.S., on Tuesday, July 12, 2016. Netflix is scheduled to report quarterly earnings on July 18. Photographer: Daniel Acker/Bloomberg
Daniel Acker/Bloomberg
The sky is the limit: Amazon's drone delivery plans just got a bit bigger. The e-commerce giant has filed a patent for airborne fulfillment centers — or, in plainer terms, warehouses in zeppelins, TechCrunch reports. The airborne centers would house drones and inventory to speed delivery at times when Amazon anticipates a spike in demand, such as during a sporting event, the article states. Additionally, shuttles would carry staff and supplies to the zeppelins, reserving the drones for deliveries only, TechCrunch says.
Where there's smoke … Medical marijuana sales may be legal in Nevada, but there is still some risk involved in becoming a distributor. A bug in the state's website exposed the applications of over 11,700 residents, including their names, addresses, citizenship, physical traits (weight, height, race, eye and hair color), driver's license numbers and Social Security numbers, according to ZDNet. The bug was discovered by a researcher, and the website has since been pulled offline by the state, which says the leak affected only a portion of the state's overall data, according to the article.
Bitcoin's big comeback: The most famous digital currency is having a resurgence. The price of a bitcoin is up about 30% month-to-month, reaching a value of about $950, TechCrunch reports. Though bitcoin's price is known to fluctuate wildly, this milestone is notable because it is approaching a height bitcoin has not seen since January 2014, the article said. The spike is also unusual since it seems to be steady and without any particular catalyst, TechCrunch states.
Tricolor Holdings had been showing some cracks leading up to its bankruptcy filing Wednesday. Fifth Third, which had funded the company, said that the problem is a "one-off."
The U.K.-based super app expanded its partnership with Google Cloud as it looks to advance account-to-account payments; Global Payments launches Genius platform in the U.K.; and more in this week's global payments roundup.
At a hearing on deposit insurance reform, Republican lawmakers concluded that only the largest banks would oppose a proposal to raise insurance for business accounts to $20 million.
For the first time, this list of banking's rising stars aged 40 and younger is presented in ranked order, highlighting the depth and performance of the industry's top talent.
