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Capitalize on social payments

Independent Banker

Even after some slow starts from products like Facebook’s Libra, social payments, which constitute any transaction that occurs on a big tech or social platform, have taken hold. Security is all. Safety and security repeatedly arise as key factors in customer decisioning. DJ Seeterlin, Chesapeake Bank.

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Cap One Hack Hits 100M Credit Card Applications

PYMNTS

Capital One announced that a hacker had accessed about 100 million credit card applications, as well as thousands of Social Security and bank account numbers. Fairbank, Capital One’s chairman and chief executive, said in a press release. “I Thompson, on a charge of computer fraud and abuse.

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Capital One Hack Prompts Lawsuit, NY AG Probe

PYMNTS

The security breach at Capital One that exposed 100 million credit card applications and thousands of bank accounts and Social Security numbers is rapidly seeing repercussions. . Also on Tuesday, a man affected by the Capital One breach filed a lawsuit against the firm. Reuters reported. Reuters reported.

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Paytronix Urges Restaurants To Use Gift Cards To Boost Loyalty, Sales

PYMNTS

Customer loyalty and FinTech Paytronix wrote a blog post about the benefits of gift cards for restaurants, which can help ease the burden many are facing during the ongoing coronavirus crisis. The answer for many has been simple: Promote gift cards.”. Ultimately, remember to keep your message heartfelt and honest.

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Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand

PYMNTS

Sharma now joins the other two co-founders, Robert Farkas and Raymond Trapani, in admitting that they duped investors into funding the Centra Card, which was purported to allow users to purchase items with digital currencies anywhere that accepted Visa and Mastercard. They falsely claimed to have a Harvard-educated CEO backing them.

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Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

The offering was led by Morgan Stanley, Barclays, Jefferies Financial Group and KeyBanc Capital Markets, Bloomberg reported, with the company trending on the Nasdaq under the symbol BIGC. On Wednesday, shares of the company began trading up 183 percent from its IPO price, which is the second-biggest gain this year on the U.S. 4) for $24 each.

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Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News

PYMNTS

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Bank Is Doing to Drive Virtual Card Adoption. FICO’s Take on Debit Security.

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