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Why US Credit Card Fraud Complaints Are On The Rise

PYMNTS

Credit card fraud complaints in the U.S. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. At the state level, the number of credit card fraud complaints were much more pronounced. Across the U.S.,

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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. . About 140,000 Social Security numbers and 80,000 bank account numbers were compromised. . Reuters reported. and 6 million in Canada.

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Payrailz Partners With Mastercard For Real-Time Bill Payments

PYMNTS

Billing accounts can be securely linked so that payments can be made through Payrailz. Payment can be handled with cards, real-time payments or bank transfers. The Glastonbury, Connecticut startup Payrailz was founded in 2016 by co-founders Fran Duggan, Paul Franko and Rich Pelikan. The company raised $3.5

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The Best Credit Union Business Credit Cards in 2020

MyBankTracker

Much like personal credit cards, you can be stuck with a tough decision choosing a business credit card. You may have to consider the rewards program or the card’s perks that may help your business operations. credit card issuers and banks offer very attractive choices (not surprising). The major U.S.

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Coronavirus Update: Alphabet Project May Have Privacy Concerns; More Scams May Loom With Gov Payments

PYMNTS

Bob Menendez and Cory Booker of New Jersey, Sherrod Brown of Ohio, Richard Blumenthal of Connecticut and Kamala Harris of California all wrote letters addressed to Vice President Mike Pence and Alphabet CEO Sundar Pichai expressing concerns about cybersecurity. But several senators raised concerns with that.

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Equifax Blames Flaw In Database Software For Breach; Backlash Mounts From Consumers, Lawmakers

PYMNTS

According to a news report in the The New York Post , hackers were able to steal customers’ data — including Social Security numbers — due to a weakness in open source software developed by Apache Software Foundation. consumers and potentially compromised the credit card numbers of approximately 209,000 people. Baird & Co.,

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

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