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Technology company $IBM said it has acquired IRIS Analytics, a privately held real-time analytics specialist, to help in dealing with payment fraud. IRIS provides a real-time fraud analytics engine and applies machine learning models to help analysts detect fraud and act quickly to help reduce fraudulent events.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.