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Cuentas wants to turn convenience stores into financial centers

Bank Innovation

Cuentas, a Miami-based prepaid debit card company targeting Spanish-speaking populations, wants to turn convenience stores into financial hubs through Cuentas-branded debit cards and accounts. The cards, which will launch in early September, will be linked to an online bank account from Saturn Bank.

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Today In Payments Around The World: Guild Esports Gets London Stock Exchange Listing; Amazon India Rolls Out Credit Card Bill Payments Via Amazon Pay

PYMNTS

In today’s top payments news around the world, sports star David Beckham’s startup Guild Esports has been listed on the London Stock Exchange (LSE), while Amazon India has launched a method for clients to pay their credit card bills through Amazon Pay. Amazon India To Let Users Pay Credit Card Bills With Amazon Pay.

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How US Mobile Leverages Digital Identity To Protect Against SIM Swap Fraud

PYMNTS

Multifactor authentication (MFA) has become commonplace for online accounts, with users confirming their identities via text messages sent to their phones. Once you have that blank SIM card, all you need to do is convince the carrier to transfer a phone number to that same card, and that's it. Why Fraudsters Swap SIM Cards.

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How Swap.com Kept Fraudsters From Ruining Christmas

PYMNTS

Experts predicted that online commerce over the holidays would increase 35 percent from the previous year, while brick-and-mortar retail sales were expected to decline by 4.7 percent — a large jump even considering the gradual, long-standing trend toward increased online commerce. It turns out there was a big data breach. …

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Mastercard And BJ’s Team On MLB All-Star Game Promo

PYMNTS

Mastercard, the credit card company, announced Monday (April 24) that cardholders will have a chance to win a trip for two to the 2017 MLB All-Star Game in Miami when they use a Mastercard at BJ’s Wholesale Club locations (including gas) or online at BJs.com.

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ClassWallet Unveils Expense Tool For School Maintenance

PYMNTS

Miami-based FinTech ClassWallet has grown its classroom expense management offering to help with the requirements of custodial and maintenance workers in primary and secondary schools, according to a Monday (Jan. 25) announcement.

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QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

The ubiquity of mobile and credit card payments is enabling us to begin an exploration of cashless stores in the U.S,” Starbucks CEO Kevin Johnson said during a recent earnings report. “By The Starbucks loyalty program also grew by 11 percent in 2017 and now represents 14.2 million active members. Taco Bell’s $9.8 Burger King’s $9.3

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