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TSYS Attacked With Ransomware, Has Data Posted Online

PYMNTS

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. However, TSYS said the malware didn't jeopardize card data and that the attack had only targeted the company's administrative wing. "We Columbus, Ga.-based

Online 226
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Kroger Begins Rollout Of Mobile Pay, Loyalty Rewards Card

PYMNTS

Kroger , one of America’s largest supermarket chains, is introducing a new mobile payment option and a loyalty rewards card, according to reports. At the terminal, shoppers can either use biometrics, enter a custom code or take advantage of the app’s QR code functionality to provide payment and loyalty card info. ” .

Mobile 177
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Hard Knocks Edition: MCX, EMV And Square

PYMNTS

Utilizing unique feedback from the marketplace and our Columbus pilot, MCX has made a decision to concentrate more heavily in the immediate term on other aspects of our business, including working with financial institutions, like our partnership with Chase, to enable and scale mobile payment solutions.

Software 109
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The 31 European Unicorns Ranked By Valuation

CB Insights

Company Description: Founded in 2012, this Berlin-based company runs an online used car exchange via a family of sites such as Auto1.com, Company Description: Based in Sweden, Klarna provides online payment solutions. Select Investors: Aviation Industry Corporation of China, Essence Financial, Jiangsu Sha Steel Group. Auto1 Group.

Groups 76
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Looking back on Money 20/20

Celent Banking

Chase is developing a wallet that will be available to all of its 94 million cardholders to use in-store, in-app and online. The focus is now very clearly on blockchain technology and how the financial services industry can best deploy it. Partnership with MCX gives Chase Pay access to the largest merchants in the country.

Columbus 100
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Amazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns

PYMNTS

And JPMC has long touted the merits as the blockchain as a technology type. The application of this exciting technology is another step in our front-end experience transformation.”. The program, which was introduced in Columbus, Ohio, will be piloted in 10 markets before a nationwide rollout later in the year.

Apple 143
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55 US Companies That Became Unicorns In 2018

CB Insights

Select Investors: Camelot Venture Group, Align Technology, Kleiner Perkins Caufield & Byers, Spark Capital, Clayton Dubilier & Rice. Plaid Technologies. Company Description: San Francisco’s Plaid Technologies builds user-friendly APIs and tools for financial institutions. . Valuation: $3.2B. Total Funding: $1.3B.