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Rising Credit Card Use In UK Could Mean The End For ‘Petty Cash’

PYMNTS

The increasing number of businesses using cards over cash could prompt some companies in the U.K. Contactless transactions using commercial credit cards surged nearly a fifth higher in 2019 than they had been prior, according to the U.K. The growth was due to the prominence of online shopping and other cashless modes of payment.

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White-Hat Hacker Swipes 26M Stolen Credit Cards From Dark Web

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Data from more than 26 million credit and debit cards was stolen from BriansClub, an underground marketplace for stolen credit card information, KrebsOnSecurity reported Tuesday (Oct. The hacked records were lifted from online portals as well as brick-and-mortar retailers over the past four years. million card records for sale.

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Nordstrom Launches Same-Day Gift Delivery Service

PYMNTS

Nordstrom is leveraging the coronavirus-fueled appetite for digital shopping and same-day delivery by rolling out a service that will deliver through Christmas Eve in the New York City area, the company said in a press release on Friday (Dec. All stores will be open on Christmas Eve for online order pickup, the company said.

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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. Nordstrom has not yet launched its online intake program where customers will have the ability to mail in merchandise.

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Visa: US Starting To Close The Contactless Gap

PYMNTS

Globally, tapping to pay with contactless cards has taken off remarkably, and the U.S., after years of lagging behind, is starting to catch up, according to a new blog post from Visa. nearly half of all Visa transactions at physical points of sale happen via contactless card tap. More notably, Sanford writes, the U.S.,

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Ivalua Launches Gov’t Procurement Tools Amid NYC Debacle

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Enterprise spend management company Ivalua is launching its solution designed for the public sector as criticism mounts over the firm’s contract with New York City. The offering enables end users in the public sector to customize the product and adjust to changes in regulations and policies.

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College Students Seek Lower Fall Tuition As Schools Plan To Stick With Digital Classes

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Some college students are demanding lower tuition for the coming academic year because many schools are moving toward partial or complete online instruction instead of in-person classes due to the pandemic. Pupils at New York City’s Pratt Institute have done the same. percent for in-state undergraduates and 2.5

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