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City National Bank, Extend Team On Virtual Corporate Cards

PYMNTS

City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. Replacing them is much easier than replacing plastic cards.

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Earl Enterprises Acknowledges Data Breach Of 2M Cards

PYMNTS

Buca di Beppo , the Italian restaurant chain, reportedly knew about a data breach that resulted in two million credit card and debit numbers being stolen since Feb. KrebsOnSecurity said credit and debit card accounts from Earl Enterprises restaurants were up for sale as of Feb. 21 — but waited until the end of March to reveal it.

Las Vegas 124
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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

Bikayi told the publication the investment will be used to expand hiring and accelerate product development with a goal of on-boarding 1 million new sellers. Enterprise governance software company Honcho secured $4 million in Series A funding , the Colorado-based startup announced in a press release this week. Cloudentity.

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Is The US On The Verge Of A Contactless Surge?

PYMNTS

don’t rely on swiping or chip card readers. cards use chip-and-signature and chip-and-PIN methods. The new PYMNTS mPOS Tracker takes a look at the state of mPOS solutions in North America. Card issuers have been slow to release contactless cards due to limited acceptance at the point of sale. However, the U.S.

US 140
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Today In Data: Conquering New Territory

PYMNTS

Online shoppers and travelers have more ways to pay in more places than ever, and increasingly simple, secure methods for doing so. visitors to Canada annually, who will now be able to use an American Discover card in the Great White North thanks to Discover Global Network’s partnership with Desjardins Group, announced May 24.

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Splitty Makes It Easier To Grab A Piece Of The Travel Industry

PYMNTS

They can come to the site and book five nights in New York City, for example, and those stays could include parking services for just the first two nights, Shust said. Splitty stated that it increases the market availability of hotels on its platform by up to 15 percent, enabling hotels to reach wider traveler bases. “We

Industry 168
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Last Roar Of The Paper Tiger?

PYMNTS

But the situation is righting itself as dynamic market forces reshape payments. But gig workers’ payment preferences are clearly on the side of instant , almost regardless of individual income security. Their perception of banking, aside from ATMs, is entirely app-based – and mobile. It’s a disconnect that could not be more glaring.