PYMNTS

JANUARY 8, 2020

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. From there, they used the information to steal customers’ money from their accounts.

San Diego 130

San Diego Cards New Jersey Massachusetts 130

PYMNTS

FEBRUARY 13, 2020

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.

Cards 153

Cards New York City New York Community 153

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Cards 131

Cards New York Lending Strategy 131

Bank Innovation

SEPTEMBER 15, 2017

EXCLUSIVE – The Brink’s Company and expense management provider Bento for Business introduced a new Travel & Expense Debit Card at Finovate in New York. The partnership is a major win for Bento, who launched only two years ago with a prepaid card for SMBs.

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Management New York Cards Company 372

PYMNTS

JULY 17, 2018

In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. Now, a new legislative battle is waging in the state of Georgia. The debate involves virtual cards and their use by insurers to pay healthcare providers. The rules become effective Jan.

Cards 100

Cards Georgia Alabama New York 100

PYMNTS

DECEMBER 12, 2019

A bit of caution was well warranted, as Visa’s Global Head of Contactless Payments Dan Sanford told Karen Webster in a recent discussion, given the massive size of the New York public transit system. Penn Station is going online, and [the MTA] will enable another 50 stations this month. Yesterday (Dec.

New York 167

New York US Payments Training 167

PYMNTS

OCTOBER 26, 2017

McDonald’s franchise owners in Pennsylvania have settled a lawsuit filed in 2015 over their use of payroll cards, news reports on Wednesday (Oct. Employees were forced to pay fees whenever they went to an ATM to withdraw funds from their payroll cards, as well as when they made online bill payments. as defendants.

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Cards Pennsylvania New York ATM 116

PYMNTS

OCTOBER 1, 2020

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies. Fortunately, Cadore quickly pivoted her business to focus on online sales and partnerships with online retailers.

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Tools Cards Guidelines Online 262

PYMNTS

OCTOBER 15, 2019

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.

Cards 122

Cards New York City New York Data 122

PYMNTS

MAY 14, 2019

New York-based growth fund Stripes led the funding round, and Founders, Creandum and Kinnevik also participated. The new round brings the company’s valuation to slightly under $500 million, and the total amount raised so far to $79 million.

Company 161

Company Cards Software New York 161

PYMNTS

AUGUST 24, 2020

Brooklyn, New York-based technology accessories eCommerce company Casely established charitable giving as part of its core mission when it was founded in 2017 with the launch of its Every Case Counts initiative, which donates 5 percent of proceeds to a designated charity organization each month.

Online 142

Online Rhode Island New York Retail 142

PYMNTS

APRIL 18, 2019

The New York District Attorney’s (DA’s) office has shut down one of the largest drug vendors on the dark web, sinmed, as well as arrested the three men who allegedly ran it. ” The three men allegedly used a system to streamline their revenue as well, funding prepaid debit cards with bitcoin and withdrawing it as cash.

ATM 100

ATM Online New York Bitcoin 100

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. This leaves payment data vulnerable while inside the web page before it is transmitted.

Security 233

Security New York Atlanta Fraud 233

PYMNTS

DECEMBER 18, 2020

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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Los Angeles San Francisco Baltimore New York City 208

PYMNTS

SEPTEMBER 29, 2020

The giant eCommerce website can now connect a stored credit card with a palm print. But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. Instead, he said, the palm images are encrypted and stored online.

San Francisco 349

San Francisco Seattle Missouri Chicago 349

PYMNTS

SEPTEMBER 26, 2019

The attorney general of New York has filed a lawsuit against Dunkin’ Brands over a cyberattack that saw the theft of tens of thousands of dollars from customer value cards. The hacks started early in 2015, and money stored on almost 20,000 customers’ value cards was compromised.

Data 109

Data New York Cards Security 109

PYMNTS

APRIL 24, 2017

A Russian hacker was sentenced to 27 years in federal prison for stealing credit card numbers and selling the data online, according to The New York Times. Seleznev was convicted for running a credit card and identity theft business out of his homes in Indonesia and Russia. “This prosecution is unprecedented.”

Cards 118

Cards US Seattle United States 118

PYMNTS

AUGUST 3, 2020

American Express (Amex) has introduced a new way for its card members to pay for things. Platinum card holders can now join Green and Gold members with Amex’s buy now, pay later (BNPL) option, dubbed Pay Over Time. In this way, Amex said card members know upfront how much they’ll pay each month. percent and no interest.

Cards 205

Cards New York Millennials Payments 205

PYMNTS

JULY 18, 2017

Rivals Visa and PayPal have shaken hands over a joint plan to issue debit cards in Europe. The truce stands to benefit merchants most of all, as it will expand their ability to use their PayPal funds to support business expenses and unlock new possibilities at the point of sale. customers already have access to PayPal debit cards.

Cards 125

Cards Retail New York Innovation 125

PYMNTS

JULY 24, 2019

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. And the New York Times has revealed that it is planning to use blockchain technology to fight fake news.

Regulation 108

Regulation Bitcoin New York Online 108

PYMNTS

NOVEMBER 4, 2019

As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay open for at least another year in a smaller form. The release also noted that “gift cards may be redeemed until Nov. Ashkenazy Acquisition Corp.

Los Angeles 101

Los Angeles New York San Francisco New York City 101

PYMNTS

APRIL 29, 2016

bank Barclays said that it is selling its Barclaycard credit card units based in Portugal and Spain. The sale is to Bancopopular-e, the Spanish online bank, The New York Times reported. In the latest sign of retooling and streamlining, U.K. Bancopopular-e is owned by Banco Popular Español and Varde Partners.

Cards 100

Cards Marketing New York Operations 100

BankInovation

JUNE 9, 2021

an online card and payment processing company, rose as much as 21% in its trading debut after raising $1.23 Wednesday in New York trading, giving it a market […]. Marqeta Inc., billion in an initial public offering priced above a marketed range. Shares of the Oakland, California-based company were up 11.4%

Oakland 81

Oakland New York Payments California 81

PYMNTS

MAY 3, 2019

Co-Founder and CEO Eran Shust told PYMNTS in an interview that the aim is to bring more options to the table and enable travelers to “choose something not out of the specific package[s] that most of the OTAs [online travel agencies] are offering.”. Travelers visit the company’s website and search for a destination, such as New York.

Online 100

Online Innovation New York Marketing 100

PYMNTS

MAY 13, 2019

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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US New York City Comparison New York 216

PYMNTS

MARCH 27, 2019

Thus far neither The New York Times nor The Washington Post have been persuaded to join up. For payments peeps, the day’s highlight event was the announcement of the coming Apple credit card. Released through Apple Pay, the coming card will allow customers to apply for and be approved via Apple Wallet.

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Apple Cards Course Los Angeles 118

PYMNTS

JANUARY 14, 2020

Click-to-pay has been billed as a simpler, more secure way to shop online – especially for guest checkouts – as it requires consumers to enter card details just one time, rather than on a per-transaction basis, or through setting up accounts with individual merchants. In the transition to click-to-pay, Visa will start with the U.S.

New York 170

New York Security Cards Retail 170

PYMNTS

JULY 16, 2020

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

San Diego 141

San Diego North Carolina New Jersey New York City 141

PYMNTS

FEBRUARY 11, 2020

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.

New York City 124

New York City Marketing New York Los Angeles 124

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Stripe really did come about because we were really appalled by how hard it was to charge for things online.” — John Collison.

Online 98

Online Company Retail Payments 98

PYMNTS

JUNE 2, 2020

Zip Co Ltd, the Australian buy now, pay later (BNPL) company, is acquiring rival QuadPay , the New York-based payment installment platform, the firms announced on Tuesday (June 2). It comes as younger shoppers seek easy alternatives to interest-charging credit cards. million customers and 26,000 merchant partners.

Marketing 130

Marketing US New York Cards 130

PYMNTS

APRIL 13, 2020

Last week, The Toy Association , which produces the mega-sized New York Toy Fair, announced plans for “ Toy Fair Everywhere.” It is not known whether the events will use Balluun’s new online “pop-up exhibition” called FlashEX. These three virtual market weeks can help answer member and toy community needs.

New York 255

New York Dallas Community Industry 255

PYMNTS

SEPTEMBER 7, 2016

Payroll cards have been hit with a new controversy. Filed last week, the suit accuses Dave & Buster’s of forcing employees to be paid via payroll card for their first and last month’s paychecks. That sentiment echoes other states’ legislative efforts to protect workers from payroll card fees.

Cards 100

Cards Oregon Policies Pennsylvania 100

PYMNTS

JANUARY 10, 2017

Those who are unbanked pay to cash their checks, to get money orders to pay their bills and to buy and use prepaid cards. SNAP online . The USDA is in the process of rolling out a pilot program that will allow SNAP program enrollees to buy groceries online. Is there any way out of that?

Online 100

Online Chicago New York Mississippi 100

PYMNTS

JULY 8, 2020

Bloomberg also reported that page views for Zillow’s suburban listings outside of formerly hot urban areas like New York City and San Jose, Calif., There’s [also] a lot of demand for rental homes that we’re seeing because people are fleeing especially hot spots like New York.”. rose as much as 10.5 million U.S.

New York City 144

New York City San Jose New York Seattle 144

PYMNTS

FEBRUARY 6, 2020

Used to be that you went to Fashion Week in New York to rub elbows with Tom Ford, Ralph Lauren and Stella McCartney. Sykes believes the attraction of online companies and uber-retailers it simple at one level. Klarna has melded New York Fashion Week glitz with experiential retailing this year. You know one of them.

Retail 142

Retail New York Branding Millennials 142

PYMNTS

AUGUST 15, 2019

Monzo , an online bank out of London, has added loans to its menu of services, the Financial Times reported on Thursday (Aug. can apply for loans as the online bank advances its efforts toward profitability. . The eBank joins smaller rival Starling Bank on the lending front, becoming the second online bank in the U.K.

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Lending Los Angeles Digital Banking San Francisco 161