Remove Cards Remove Los Angeles Remove Millennials Remove Security
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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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Bitcoin Tracker: Easy Access Is ‘Easier’ With ATMS & Gift Cards

PYMNTS

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. What about gift cards? Turns out, former Amazon executive Gene Kavner’s already on the bitcoin gift card ball.

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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

Bitcoin 100
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Location Detection: Building The Bank Business Case For Better Geolocation Data

PYMNTS

PYMNTS has found that 55 percent of millennials say they would switch to an FI that uses geodata to enhance the security of users’ accounts. Making the point that the bank won't track users every time they take their cards and tap and spend can go a long way toward easing concerns over geolocation.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

HQ: Los Angeles, California. Blockchain technology for securities. Millennial saving & investing app. Tags: Enterprise, investing, trading, risk management, security, compliance. Online marketplace for real estate investing. Latest round: $18.4 million ($1.5 million equity, $16.9 million debt). million debt).

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What Happens When Ransomware Hits Connected Cars?

PYMNTS

” Among millennials, 60 percent are in favor of more auto-drive and park-assist features in their cars. How can so many drivers profess no confidence in connected car security, while clamoring for greater integration of the tech? First, consider how most high-profile security breaches impacting customers to date have occurred.

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

Fintech Labs Insights

HQ: Los Angeles, California. Alt-lender targeting millennials . Tags: Financial institutions, enterprises, security, fraud prevention, Wipro (strategic investor), Finovate alum. Latest round: $31 million ($6 mil Equity, $25 mil Debt). Total raised: $31.85 million including $25 million debt. HQ: Chicago, Illinois.

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