Remove Cards Remove District of Columbia Remove Management Remove Security
article thumbnail

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

Wyoming 124
article thumbnail

Who Should Lead The Digital ID Push?

PYMNTS

Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. There’s no question the world is moving in a digital direction.

Wyoming 136
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Equifax Reaches Historic $575 Million Settlement Agreement Arising from 2017 Data Breach

CFPB Monitor

The FTC complaint alleges Equifax was aware of a security vulnerability in a database containing consumer inquiries about their personal credit data. million Social Security numbers, and 209,900 payment card numbers and expiration dates. Participating in third party audits of its security program every two years.

Data 99
article thumbnail

A Deep Dive into the Distribution of the FICO Score Across the US

FICO

Another theory is that people’s exposure to their credit reports and FICO® Scores, like seeing their updated FICO® Score on their monthly credit card statements, may have increased awareness and resulted in more prudent management of their personal finances. State Level View. The average FICO® Score for the U.S.

article thumbnail

Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. How exactly it helps the IRS count and manage all that cash is something of a mystery. Amex, China Cards : Amex became the first U.S. As much as $1.4

Taxes 177
article thumbnail

242 Startup Failure Post-Mortems

CB Insights

Twenty months of my absence have allowed the “professional” top managers to kill the company using the money of rich oligarchs. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year.

Company 78
article thumbnail

Will The SAFE Banking Act Make Life Riskier For Banks?

PYMNTS

In fact, in the intervening 23 years, the situation has arguably gotten even more complex as 31 states (plus the District of Columbia) have legalized cannabis consumption for either legal or medical reasons. More complicated because the disconnect between state and federal regulation of the substance is growing wider by the year.

Taxes 151