Also covered are Square’s patent that unbundles the paycheck, Pepsi’s new acquisition, and Trax’s $100M round.
1. Equifax settles with CFPB following data breach
Credit bureau Equifax will pay at least $650M for the 2017 data breach that affected over 147M US residents. Though some of the penalty will go to the Consumer Financial Protection Bureau (CFPB), most of the money will be set aside to compensate consumers impacted by the breach.