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Sports Concessions, Dunkin’ To Test Mastercard Checkout-Free System

PYMNTS

As merchants attempt to fulfill the demands of customers for expediency and less person-to-person contact, Dunkin’ and sports venue hospitality stands are experimenting with a new Mastercard checkout-free payment technology, The Wall Street Journal (WSJ) reported.

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 Ransomware Gains Traction, UK BEC Fraud Spikes

PYMNTS

As reported earlier this week, a new strain of ransomware has been hitting US firms and firms based overseas. In comments reported earlier this week, cyber insurance security responder Tom Bennett of CFC Underwriting told The Financial Times that that claims surged in June and July. Kimberly Sponaugle, was charged by the U.S.

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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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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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CFPB highlights credit card complaints in fourth monthly complaint report

CFPB Monitor

The CFPB has issued its October 2015 complaint report , the fourth in its new series of monthly complaint reports. The new report highlights credit card complaints and complaints from consumers in the Chicago, Illinois metro area. Confusion over how late fees are assessed was the primary issue raised in many complaints.

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CFPB July 2016 complaint report highlights credit card complaints, complaints from Washington consumers

CFPB Monitor

CFPB has issued its July 2016 complaint report which highlights complaints about credit cards and complaints from consumers in Washington and the Seattle metro area. The CFPB began taking credit card complaints on July 21, 2011, the day on which the CFPB officially opened its doors for business. 31, and 30 percent.

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Holiday Season Brings Corporate Payments Fraud Spike

PYMNTS

the FBI recently issued a warning for holiday shoppers of a new scam called eSkimming , in which cyber criminals hack into legitimate online retailer websites to steal shoppers’ credit and debit card details. Reports in WSOCTV said a payroll director at the Salvation Army district headquarters has pleaded guilty to one count of wire fraud.

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