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Chase To Debut New Freedom Flex With Mastercard, Upgrades To Freedom Unlimited Card

PYMNTS

Chase has introduced a new credit card and improved the cash incentives for another. 15 , the Wilmington, Delaware-based financial institution will introduce the Freedom Flex card and will upgrade the cash-back offerings for its existing Freedom Unlimited card. Starting Sept.

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 Ransomware Gains Traction, UK BEC Fraud Spikes

PYMNTS

“The threat actors realized they can amplify their impact by targeting specific companies such as managed service providers,” said Bennett. Separately, a federal grand jury has indicted a Maryland woman for allegedly bilking a Newark, Delaware medical practice of more than $320,000 through the use of a corporate credit card.

Fraud 180
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Barclays Eyes US Expansion

PYMNTS

credit card operations. to stay relevant on a global scale,” said Magdalena Stoklosa, managing director and European head of Banks and Diversified Financials Research at Morgan Stanley. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. credit card business.

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PayPal Teams With ebizmarts To Integrate With Magento

PYMNTS

According to news from Mobile Payments Today , under the partnership, PayPal’s mobile card product will be combined with ebizmart’s mobile app Magento. Additionally, products, pricing, customer requests, orders, returns and coupons can all be managed in the store, thanks to Magento.

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CFPB Feb. 2016 complaint report highlights prepaid card complaints, complaints from Texas/Houston metro area consumers

CFPB Monitor

The CFPB has issued its February 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in Texas and the Houston metro area. The CFPB began taking complaints about prepaid cards in July 2014. percent of total complaints.

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Digital Driver’s Licenses Are Put To The (Pilot) Test

PYMNTS

The plastic cards have become a fixture in American wallets from Maine to Hawaii, required not just when behind the wheel, but also at cigar shops, liquor stores, bars and nightclubs. We’ve always made sure to let people know that a digital driver’s license is not a replacement for your physical card, [but] a supplement,” Werner explained. “We

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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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