Bloomberg India’s government counts on high-tech encryption, multi-layered authentication, and even 13-feet high walls to protect the world’s largest biometric database. But there’s no measure that prevents careless officials at government agencies from publishing the sensitive information online, exposing citizens to fraudsters and data misuse. The official website boasting Prime Minister Narendra Modi’s efforts to connect all Indian villages with ...

Bloomberg iZettle AB finalised its deal to be bought by PayPal Holdings Inc for $2.2 billion the evening before the Swedish fintech startup was set to price its shares in an initial public offering. It looked like an abrupt about-face for the company, which competes with Square Inc. and Canada’s Shopify Inc. On May 8 it announced it was seeking ...

Bloomberg The 30-year US Treasury yield rose to its highest level since 2015, showing that this year’s selloff has spread to the most-resilient part of the world’s biggest bond market. The yield on the long bond surpassed 3.2322 percent, the previous 2018 high set February 21, to reach 3.2379 percent, highest since July 2015. It follows the 10-year borrowing benchmark ...