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DHS Postpones REAL ID Enforcement Deadline Until 2021

PYMNTS

Protecting both the health and national security of the American people continues to be the top priority for the president of the United States and the Department of Homeland Security,” Wolf said in the statement. The REAL ID launch serves as the last part of an act Congress ratified in 2005 following 9/11.

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Widespread Corporate Hacking Lands Two Russians In Prison

PYMNTS

Two Russian nationals have been handed prison sentences for their roles in hacking corporates and financial institutions (FIs) in the U.S., The two were part of a larger group that stole online credentials, personal information and credit and debit card numbers between 2005 and 2012. Bloomberg reported this week.

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Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

For example, in 2014, the Pew Charitable Trusts conducted a nationally representative survey of 1,626 adults and estimated that only around a quarter of American adults would be very likely or likely to use certain financial products, including check cashing, prepaid cards, bill pay and small-dollar loans, if offered at USPS retail facilities.

Retail 169
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The Future of Checks – Tales From The Crypt

South State Correspondent

The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash.

Fraud 195
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BEC Run Out Of Detention Center Nets Millions

PYMNTS

As for the locale: Search warrants, noted by ZDNet , were served on those individuals in an immigration detention center, yielding 16 mobile phones, various SIM cards and a number of electronic storage devices. The scam, which used those devices and deployed email methods, netted more than $3 million in Australian currency.

Idaho 153
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Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies

PYMNTS

The more standard one is the Capital One-issued rewards card. That compares to 68 percent of consumers who report belonging to Amazon Prime — a program that launched in February 2005 and now counts 150 million members globally. A PYMNTS study of a census-balanced sample of 2,165 consumers conducted Oct.

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Klarna Is Making The Jump To Real-World Commerce

PYMNTS

Though digital and mobile are increasingly ascendent, physical commerce remains dominant and accounts for over 90 percent of all retail spending in the Western nations where Klarna operates. “We Founded in 2005, Klarna was most recently valued at $2.25 a study by the Bank for International Settlements showed.

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