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Synchrony Says Erroneous Email Not Tied To Data Breach

PYMNTS

Synchrony Financial said a message was erroneously sent to customers about an Amazon.com card and that a data breach had not occurred, according to a report by Reuters. The company has a partnership with Amazon in which it lends to customers with low credit scores. On Monday (Nov. Synchrony said it was a mistake. “We

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Sizzle/Fizzle: In Banking, Truth as Currency

PYMNTS

If you were in the market for a credit card or looking to sell a house, this past week was a good one, as rewards points on the former, and prices for the latter were both up. This comes in the face of JPMorgan slashing its own points offer on Sapphire cards. But at non-bank ATMs, fraud is on a stratospheric ascent.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Gift cards and loyalty programs. Cybersecurity. Real estate. Cloud storage .