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Acer Hack Compromises Card Data Of 34.5K Customers

PYMNTS

Canada and Puerto Rico, according to a letter from the company. The company noted that the breach has been reported to its credit card processor along with federal law enforcement officials. The company noted that the breach has been reported to its credit card processor along with federal law enforcement officials.

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Brooks Brothers Reports Payment Breach

PYMNTS

and Puerto Rico had their payment card information compromised. While the information hacked included names, account numbers, expiration dates and verification codes, Brooks Brothers confirmed sensitive information like social security numbers and addresses weren’t compromised. This past week, the U.S.-based

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Equipping Disaster Workers With Card-Based Financial Tools

PYMNTS

and Hurricane Maria shook Puerto Rico — meaning the impacts were widely felt. For those workers, stepping into an emergency area means getting operations up and running as quickly as possible, without waiting for wired funds to clear or for a corporate card to be issued in their names. Natural disasters shook the world in 2017.

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PayPal Extras Mastercard Program Renewed

PYMNTS

On Wednesday (July 27), Mastercard and PayPal announced a multi-year extension of the co-branded consumer credit card program, PayPal Extras Mastercard, in the U.S. and Puerto Rico. “We The card also includes Buyer Protection for every purchase made via PayPal.

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Bancolombia, First Data Team Up On eCommerce Solutions In Colombia

PYMNTS

The alliance, according to both companies, will focus on “building commerce technology solutions for merchants and facilitating access to the banking system” by providing “secure, efficient transactions” through technological improvements in Colombia. The two companies announced the agreement in a joint statement on Monday (July 25).

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Equifax Reaches Historic $575 Million Settlement Agreement Arising from 2017 Data Breach

CFPB Monitor

The FTC complaint alleges Equifax was aware of a security vulnerability in a database containing consumer inquiries about their personal credit data. million Social Security numbers, and 209,900 payment card numbers and expiration dates. Participating in third party audits of its security program every two years.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

Puerto Rican marketplace lender. HQ: Puerto Rico. Tags: Security, fraud, payments, ecommerce, Finovate alum. Total raised: $15.2 Source: The Oregonian. Payments risk & compliance management. HQ: Palo Alto, California. Latest round: $12 million. Total raised: $21.5 Source: FT Partners. Source: Crunchbase.