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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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TSYS Attacked With Ransomware, Has Data Posted Online

PYMNTS

However, TSYS said the malware didn't jeopardize card data and that the attack had only targeted the company's administrative wing. "We We immediately contained the suspicious activity and the business is operating normally. Columbus, Ga.-based This matter is immaterial to the company.”.

Online 226
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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

Combined, these 31 European startups have raised more than $21B in total funding, and operate across industries including fintech, e-commerce, healthcare, and more. Company Description: This UK-based company operates data centers in Europe and Asia. Auto1 Group now has operations in more than 30 countries. Global Switch.

Groups 76
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Looking back on Money 20/20

Celent Banking

The wallet is not planning to use NFC at the POS, with QR codes set to be a most likely method, and as a result will be available on any smartphone device, irrespective of its operating system. The focus is now very clearly on blockchain technology and how the financial services industry can best deploy it.

Columbus 100
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Gonzo Notes from Money20/20

Gonzobanker

Samsung bought LoopPay with its Magnetic Secure Transmission technology, which gives it the ability to reach merchants in a way that other wallets cannot due to having both the NFC (near-field communication) and MST (magnetic secure transmission) technologies. Offering this kind of technology could be a game-changer for small business.

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Pamela Joseph Tapped as New President, COO at TSYS

Fintech Labs Insights

Fintech veteran Pamela Joseph has been chosen by TSYS to serve as the company’s new president and Chief Operating Officer. Bancorp, Joseph was responsible for all of the company’s electronic product lines (consumer credit, corporate, debit, global acquiring, prepaid, purchasing and fleet card programs, and small business).