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Synchrony Says Erroneous Email Not Tied To Data Breach

PYMNTS

Synchrony Financial said a message was erroneously sent to customers about an Amazon.com card and that a data breach had not occurred, according to a report by Reuters. On Monday (Nov. 26), a notification was sent to some customers saying “a trial deposit has been successfully made to your Amazon credit builder.”

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Deep Dive: Digital ID Developments From Around The World

PYMNTS

A wide range of biometric solutions are being used to develop national identification systems around the world. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . Colorado, Idaho, Maryland, Wyoming and Washington, D.C.,

Security 159
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Boosting Access To Financial Services In Brazil

PYMNTS

Identity Devices also formed a recent multi-year partnership with Fingerprint Cards (FPC) that aims to enhance the security of the Internet of Things (IoT) ecosystem with biometrics, increasing the use of biometrics in IoT and financial technology markets. Deep Dive: Making National IDs Biometric-Friendly.

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Who Should Lead The Digital ID Push?

PYMNTS

The digital identity verification market is projected to reach $12.8 The app stores digital versions of documents like drivers’ licenses, health cards and other forms of identity. There’s no question the world is moving in a digital direction. billion by 2024, despite the fact that digital IDs are still largely underused worldwide.

Wyoming 136
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Sizzle/Fizzle: AI Soars, Toys R Us Sinks And Start-Ups Struggle

PYMNTS

Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. You’ve got rising market power,” said Marshall Steinbaum, an economist at the Roosevelt Institute, a liberal think tank. “In So, what gives?

US 108
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The Whole Paycheck Tracker: Bringing SNAP Recipients Into The Digital Fold

PYMNTS

In early 2017 the USDA pushed out a pilot program that allowed SNAP enrollees to buy groceries online with their card in seven states and with seven grocery partners: Amazon, FreshDirect, Safeway, Dash’s Market, Hy-Vee, ShopRite and Hart’s Local Grocers. This last round of piloting is set to take another two years.

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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. Which states have seen the biggest increase over time? How do major U.S.