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Earl Enterprises Acknowledges Data Breach Of 2M Cards

PYMNTS

Buca di Beppo , the Italian restaurant chain, reportedly knew about a data breach that resulted in two million credit card and debit numbers being stolen since Feb. KrebsOnSecurity said credit and debit card accounts from Earl Enterprises restaurants were up for sale as of Feb. 21 — but waited until the end of March to reveal it.

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Lexicon Bank: A bank that shows its hand

Independent Banker

Stacy Watkins (left), president and CEO, and Hilary Nelson (right), senior vice president and director of operations and compliance, at the Las Vegas Strip. When it comes to supporting outliers in the Las Vegas community, Lexicon Bank knows how to play its cards. Location: Las Vegas, Nev.

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Marqeta Reserve Gives Issuers Options To Prefund Digital Card Programs

PYMNTS

Marqeta , a card issuing platform, has introduced a new service called Marqeta Reserve Financing, which is designed to help businesses incorporate a reserve financing option into their workflow, according to a release. The new service was announced at the Money2020 conference in Las Vegas on Tuesday (Oct. On Monday (Oct.

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Monzo Raises $80 Million At Lower $1.6 Billion Valuation

PYMNTS

A down round, according to PYMNTS , is when a private company taps the market for fundraising, usually selling equity and coming back with lower valuations than before. Due to the pandemic, Monzo suffered reduced card spend both at home and abroad, meaning less revenue for interchange fees coming in, according to TechCrunch.

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Wild Cards? Gambling, Payroll, Other Models Provide Fresh Fuel For Prepaid

PYMNTS

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009.

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Marqeta Expanding Overseas, Sets Up Shop In The UK

PYMNTS

Investing.com , citing a Reuters report, said that the company, which helps other startups issue payment cards, has set its sights on London and has already hired five employees and signed up customers. The startup has created a platform that makes it easier to issue payment cards. The expansion into the U.K. percent in the U.S.

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PPRO: US Merchants Behind In X-Border eCommerce

PYMNTS

-based online merchants are behind when it comes to taking advantage of global eCommerce growth, as most are not offering enough or any local payment methods to international markets. Alternative payment methods include those outside of traditional credit cards, PPRO Group said in the press release. that has to change. 21 through Oct.

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