article thumbnail

LG Pay Goes Live In The US On Select Phones

PYMNTS

.” Available nearly anywhere Mastercard and Visa are accepted, LG Pay is based on wireless magnetic communication technology, which lets users make purchases by touching their smartphone to traditional credit card payment terminals. Bank and Virginia Credit Union, with additional institutions expected later this year.

article thumbnail

Standard Chartered Woes Extend To Expense Account Fraud

PYMNTS

There are “dozens” of cases of such fraud across those regions stretching back three years, said the newswire. In some cases, employees at a Hong Kong location spent tens of thousands of dollars, accrued via corporate cards, on gifts and entertainment, including Louis Vuitton bags.

Fraud 103
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194
article thumbnail

Equifax Still Fights To Regain Trust As Q2 Sales Slump

PYMNTS

The company has struggled to recover trust with customers since September 2017, after hackers accessed the data records of more than 143 million consumers, including personally identifiable information like Social Security numbers, drivers’ license numbers and credit card data. Net income fell 12 percent to $144.8 million, or $1.19

article thumbnail

Hurricane Florence’s Retail Punch

PYMNTS

We do not engage in surge pricing, and product prices do not fluctuate by region or delivery location,” an Amazon spokesperson noted. “We North Carolina does not have nearly as large an industrial base as the greater Houston area, but it has enough of one that it is at least an area of concern.

Retail 135
article thumbnail

June’s Top 12 Mobile Pay Moments

PYMNTS

On June 16, Samsung Pay arrived in Singapore, allowing users of Galaxy Note 5, S6 Edge+ and the S7/S7 Edge phones can use Samsung Pay in the region. Anyone who loaded a gift card onto the CurrentC wallet and didn’t hold onto that gift card will lose that balance after June 28. Samsung Pay launched in Australia on June 15.

Mobile 104
article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The workplace a millennial will most confuse with Silicon Valley – Live Oak Bank in North Carolina.

Idaho 148