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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

PYMNTS

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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Five At Five: Walmart’s New Plan To Win Over NYC

PYMNTS

There is also news about a major chain’s data breach, why U.S. card firms are breathing easier about India and a fresh estimate about security costs for the Internet of Things. Walmart Bringing Same-Day Delivery t o New York City. Macy’s Data Breach Includes Online Card Data.

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Strategies for fighting remote authentication fraud

Independent Banker

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Since the pandemic started, Crowe says, more customers are opening online or mobile accounts and making remote payments. Online U.S. By Elizabeth Judd.

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

PYMNTS

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S. Security Remains Innovation’s Watchword.

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The Public Sector Takes The Lead On eProcurement

PYMNTS

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs. Communities government purchasing co-op.

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Mobile Checkout Finds Fresh Fuel From 7-Eleven

PYMNTS

According to a report from Chain Store Age , “7-Eleven is introducing mobile checkout to select locations in New York City. The new frictionless shopping experience is integrated into the 7Rewards loyalty program in the convenience retailer’s mobile app. That technology was originally tested in lawn and garden centers.

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