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COVID-19 Sees More Online Grocers Accept EBT SNAP Payments For Food

PYMNTS

Online grocers are increasingly allowing underprivileged consumers to use EBT payments (the modern equivalent of food stamps) at a time when the pandemic has made going to the store too risky for many shoppers. The move by the two companies is just the latest initiative in a growing trend of EBT acceptance for online grocery shoppers.

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Virtual Cards Run Into Payroll Card-Like Legal Troubles

PYMNTS

In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. Now, a new legislative battle is waging in the state of Georgia. The debate involves virtual cards and their use by insurers to pay healthcare providers. The rules become effective Jan.

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Six Countries Join Forces To Stop Cybercrime Network

PYMNTS

According to a report in Reuters , the Eastern European GozNym network, whose leader resides in Tbilisi, Georgia, sent phishing emails to install malware on more than 41,000 computers. Members of the group located in Bulgaria and Ukraine then took control of victims’ online bank accounts and stole money out of their accounts.

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How Automated Authentication Helps Propel SMB Loan Disbursements

PYMNTS

This importance is especially tangible because many SMBs remain underserved by traditional banks, Kathryn Petralia , co-founder and president of Atlanta, Georgia-based SMB lender Kabbage , explained in a recent interview with PYMNTS. “Of Marrying the security required by the U.S. The Speed and Security Balance.

Georgia 147
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B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding

PYMNTS

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. AvidXchange.

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Imposter Scams Top FTC’s List of 2018 Consumer Complaints

CFPB Monitor

The report summarizes consumer complaints stored in the Consumer Sentinel Network, a secure online database. Nearly half of these reported scams involved government imposters that falsely claimed to be from the IRS, Social Security Administration, other government agency to get victims to turn over money and/or personal information.

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Pindrop’s Solutions Fight Call Center And Voice Fraud

PYMNTS

A classic image of payment fraud involves a fraudster stealing credit card numbers and shopping for goods in-person or online. But what’s left out of this picture, said David Dewey, director of research at Pindrop Security , is the element of voice. at Georgia Tech. at Georgia Tech.

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