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Darden Cyberattack Puts 567K Cards At Risk

PYMNTS

In a press release , the restaurant chain operator said it was notified on August 16, 2018, by federal authorities that a legacy point-of-sale system for some of its Cheddar’s Scratch Kitchen restaurants, a brand acquired by Darden last year, may have been compromised via a hack that involves restaurants in 23 states.

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A community bank-fueled payments rail

Independent Banker

A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. “We American State Bank in Sioux Center, Iowa, is another CHUCK network participant. “As

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End-Of-Summer Edition: Retro Malware, Bitcoin’s Surge ‘N’ Split And Apple Watch Sees Other People

PYMNTS

EST in South Carolina, there will be a total solar eclipse — with Idaho, Wyoming, Montana, Nebraska, Iowa, Kansas, Missouri, Illinois, Kentucky, Tennessee and Georgia all enjoying prime viewing slots between start and finish. That same thing will, of course, be looking up. Today, between 12:05 p.m. EST/9:05 a.m. PST in Oregon and 2:48 p.m.

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The community bank’s complete guide to building trust

Independent Banker

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. But for most community banks, building a trustworthy brand isn’t a conscious effort. Security information and event management (SIEM). Illustration by Ahoy There.

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Lenny Loves Dwolla: Digital Payment Network Helps Bring Microloans to Millennials

Fintech Labs Insights

“Our goal is to provide a seamless and highly secure platform for our users’ transactions,” Lenny founder and CEO, Joe Bayen, said. “And Dwolla definitely meets all of our safety and security requirements.” Founded in 2008 and based in Des Moines, Iowa, Dwolla has raised more than $32 million in funding.

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32 Corporate Innovation Labs In Retail

CB Insights

From supply chain and inventory improvements to new payment options, these brands are going all in on digital. With a major focus on sustainability and the future, Space10 is looking to innovate in everything from urban planning to food security. The Home Depot also operates a secondary lab out of Austin called BlackLocus.

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A New Human Connection

Independent Banker

Two years ago the $211 million-asset PCSB Bank in Clarinda, Iowa, started installing video ATMs at its branches in rural agriculture communities, which ranged in populations from 1,000 to 7,800, says James Johnson, the bank’s chief operations officer. —James Johnson, PCSB Bank.

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