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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. According to the leaked data, card information for sale on BriansClub showed a steady increase of inventory. million card records for sale.

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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

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It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis.

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Mastercard Pushes Multiple Cashless Solutions For Transit Payments

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“From mobile ticketing to digitizing commuter cards and enabling contactless payments, Mastercard has already embedded its technology in 16 metro areas including Los Angeles, Boston and Denver to make getting from Point A to Point B as simple as buying a morning cup of coffee,” the company said. merchants and acceptance at Mastercard.

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B2B Tech Startups Land Backing To Modernize The Enterprise

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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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Deep Dive: COVID-19 Spurs Biometric Innovations For A Contactless Global Society

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The New York City Police Department recently stopped using its fingerprint identification security procedure for employees entering buildings, for example, contributing to a spike in demand for contactless identification alternatives. I don’t think authorities will rule out keeping this up after the outbreak.”.

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The Public Sector Takes The Lead On eProcurement

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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. That’s a far cry from the public sector’s procurement goals, Utley said.

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Mastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend

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The current best-in-class method of payment for a ride on a subway in any American city works just fine – until it doesn’t. As of last week, the card network announced it will be bringing contactless payments to transit turnstiles in more than 20 U.S. cities in the next few years. Building New Consumer Habits.