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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

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Bitcoin Daily: Crypto Phone Coming Soon, South Korean Lawmakers Draft Crypto Rules

PYMNTS

In other news , Pundi X Labs is encouraging people to pay with crypto at four restaurants in Hong Kong by preloading X PASS cards with BTC (Pundi X’s NPXS token and ADI). Those who are attending a tech conference in Hong Kong will receive the cards at no charge. million home in Delaware was purchased with bitcoin, Bitconist reported.

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U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

PYMNTS

ATO and other fraud methods that rely on using stolen credit card numbers or other personal information are becoming decidedly popular with bad actors, who are employing increasingly sophisticated technologies to execute their scams. market debut.

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Signifyd Data Shows Fraud Is Actually Declining

PYMNTS

But fraudsters are constantly innovating, so defending against attacks that have already happened misses transactions that follow new rules. People use a different payment method, move without updating their address, borrow a sister’s credit card to buy a gift for their mom or get their email blacklisted for the wrong reasons.

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Finance in motion— $1B moved for $0.02

Lex Sokolin

Goldman Sachs entered and dominated personal digital lending, runs a neobank and roboadvisor, bought a large digital wealth footprint in United Capital, launched a credit card in partnership with Apple, and is now looking into cryptocurrency stablecoins ?—?something Do you think we will see another moment like this in our careers?

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Mobile Payments Amnesia And CVS’ M-Pay Entrance

PYMNTS

Why do mobile payment users choose another method if they have taken the trouble to load their card data? There is a difference in the choice of debit or credit card as a funding source among users. Meanwhile, only 44 percent of Apple Pay users prefer to use a debit card as a funding source and 50 percent use a credit card.

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CVS Pay Joins The M-Pay Bandwagon

PYMNTS

CVS loyalty customers can also link their ExtraCare cards with CVS Pay, meaning a single scan at checkout will process all ExtraCare deals, earn new rewards and handle payment for the transaction. Customers just need to add their credit or debit cards’ information into the CVS Pharmacy app, as well as HSA and FSA accounts if appropriate.

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