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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. Consumers go Buehler’s , Giant Eagle or Kroger locations to buy the lottery card.

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The Struggles Of Crafting Digital Disbursements For University Students

PYMNTS

academic institutions are legally required to offer check refunds to students, despite the option’s well-documented security weaknesses. However, universities can make digital disbursements easier to access and more appealing for students, Sherry Rossiter, bursar at Ohio University , told PYMNTS in a recent interview. “We

Ohio 130
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FTC Bans Rogue Payment Processor In Settlement Over Alleged Scams

PYMNTS

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. The FTC and Ohio officials filed their complaint against the trio in U.S.

Ohio 130
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Bitcoin Daily: SEC Regs Could Exclude Cryptos; Litecoin Founder Has Eye On Survival

PYMNTS

A bipartisan bill has been introduced by Congress that would aim to amend the Securities Act of 1933 and the Securities Exchange Act of 1934. Warren Davidson (R-Ohio) and Darren Soto (D-Fla.) ” In addition, a Sydney-based startup has launched a crypto debit card that can be used at any business or ATM across Australia.

Bitcoin 175
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Tuition, Digital Disbursements And The Paper Chase

PYMNTS

Colleges have had the ability to issue grants and refunds via ACH for 20 years, but government regulations insist on the tangible, tactile paper check as payment mode of choice despite its well-known weaknesses — lack of speed and security, plus an error-prone nature.

Arkansas 167
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 Invoice Fraud, Global In Reach, As GDPR Looms

PYMNTS

The report recommends a collaborative approach among information security and compliance team members. As GDPR takes effect late in the month, firms must be compliant with new rules and regulations. Also noted by the site, Ernst & Young’s Global Fraud Survey has set its sights on compliance efforts.

Fraud 100
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Gonzo Notes from Money20/20

Gonzobanker

Samsung bought LoopPay with its Magnetic Secure Transmission technology, which gives it the ability to reach merchants in a way that other wallets cannot due to having both the NFC (near-field communication) and MST (magnetic secure transmission) technologies. Innovation in security. Apple Pay … not. Two things.