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Today In Digital-First Banking: Ternio’s BlockCard Collaborates With Paxful For Debit Card; Fed Changes Main Street Lending Terms

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In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Ternio’s BlockCard Teams With P2P Bitcoin Marketplace Paxful for Crypto Debit Card.

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Commercial Cards Find Opportunity In Transparency, Lower Fees

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There is more than one way to drive commercial card innovation. For corporate buyers, adoption can stem from opportunities around rewards and rebates, elevated transparency, fewer hidden fees and data integrations with other back-office financial management tools. Uber Jumps Into Biz Card Rewards. A Focus On Transparency.

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Payments Tech Firm InComm Acquires Meridian Loyalty

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InComm acquired Meridian to help strengthen its incentive initiatives with the creation of rewards and membership-type programs and management tools for employee, B2B and B2C platforms. Also, 53 percent of merchandise and gift card programs bought by corporate users don’t report or analyze the performance of these programs.

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PayPal Teams With ebizmarts To Integrate With Magento

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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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Payments Fraud Rides Money Mules Into 2019

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Juniper Research , for example, has estimated that retailers will lose as much as $130 billion in card-not-present (CNP) fraud through 2023 — as tech gets more complex and transactions are done across borders. Thus, she had banking and credit card information. It’s no surprise that payments fraud is on the rise.

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Son Of Russian Parliament Member Convicted Of Hacking

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businesses as part of a plot to steal and sell credit card numbers. During that time, Seleznev hacked into retail point-of-sale systems and installed malware to steal credit card numbers from businesses. Outrageous or not, prosecutors managed to convince a jury that Seleznev was behind the theft and resale of over 2.9

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B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding

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In its oversubscribed series A funding round, OnPay , a Georgia-based payroll software startup, secured $6 million, the company said this week. Designed for the field services industry, Skynamo ’s offering connects businesses to a sales app and management solution while enabling sales representatives to reduce their reliance on paper.

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