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Forever 21 Stores Hacked

PYMNTS

According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating. “These new, experiential spaces will be focused on accessories, cosmetics and home goods for the millennial consumer.

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The Week In Payments: China, China, Challenger Banks And Bitcoin

PYMNTS

For Chinese consumers, the partnership will allow any UnionPay consumer to link their card credentials to a PayPal wallet — and start transactions with PayPal’s 24 million merchants worldwide. That is a lot more than the card networks have right now.”. market with limited trialing of its services in Los Angeles: to date, it reports 3.7

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Location Detection: Building The Bank Business Case For Better Geolocation Data

PYMNTS

But as GeoGuard CEO David Briggs and People’s United Bank VP of Financial Crimes and Fraud Intelligence Karen Boyer told Karen Webster, realizing the full benefits of using geolocation will take a bit of education – for consumers, yes, but also for banks. Not all data are created equal, of course. percent,” he said.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. HQ: Los Angeles, California. Alt-lender targeting millennials . Fraud solutions based on email addresses. Cachet Financial Solutions raised $500,000 for its remote deposit platform. Alt-lender to students.

Company 12
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The 2015 GonzoBanker Awards

Gonzobanker

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. According to CardFlight, only 42% of MasterCard and 52% of Visa cards are chip-enabled due to backlogged card producers and payment processors. Millennials. And the winners are …. THE BANKING AWARDS.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ). A Shout Out for a Gutsy Call – Scott Reckard, a reporter for the Los Angeles Times, who first wrote about Wells Fargo’s branch pressure tactics in 2013. What’s next, rage in the cage, two CEOs, winner take all?

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

A Shout Out for a Gutsy Call – Scott Reckard, a reporter for the Los Angeles Times, who first wrote about Wells Fargo’s branch pressure tactics in 2013. The Vanity is Alive Award – Goes to the Chase Sapphire Reserve card that went gangbusters with millennials who were willing to pay a $450 annual fee for a metal travel card.

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