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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.

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Signifyd Data Shows Fraud Is Actually Declining

PYMNTS

“I would not want to be a merchant responsible for managing fraud today,” Spear told Karen Webster in a live online discussion on the topic held last week with an audience of online retailers. “It But fraudsters are constantly innovating, so defending against attacks that have already happened misses transactions that follow new rules.

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The Digital Shift, Real-Time Payments, Stimulus Funding Top This Week?s News

PYMNTS

The Rise Of Card-On-File Commerce. With an absence of contactless card penetration in the U.S., among other factors, Karen Webster says a number of retailers are getting creative in how they define what it means to provide a contactless payment experience that now includes a completely cardless, card-on-file experience.

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

CB Insights

Here are the latest innovative ways companies are harnessing the power of global blockchain. For example, TØ.com , a subsidiary of Overstock, wants to enable stock transactions online using blockchain tech. Gift cards and loyalty programs. Blockchain & Bitcoin Research Briefing. Cybersecurity.