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Darden Cyberattack Puts 567K Cards At Risk

PYMNTS

Darden Restaurants announced Wednesday (August 23) that the data on 567,000 payment card numbers may have been exposed. The company said payment card information — including card numbers — from visitors who went to the restaurants from Nov. 3, 2017, through Jan. 2 2018 may have been affected.

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.

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Lyft To Offer Perks To Promote Driver Loyalty

PYMNTS

Lyft, which is expected to soon be a publicly traded company , said it will offer incentives to help drivers economically, such as no-fee bank accounts, debit cards and special prices on rentals. Our primary aim is to increase pay and for us to become the platform of choice for drivers,” said Jon McNeill, Lyft’s chief operating officer.

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Address Verification, D2C Shopping, Google’s Transition To SAP Ariba Top This Week’s News

PYMNTS

The companies are casting a broader net of collaborators, with the announcement that their Business Payments Network (BPN) is growing to include support for ACH and wire transactions in addition to card payments. buyer for its American operations. The Clearing House On The Race for Real-Time Payments In The US. teens know and love.

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A Cardless Streak Coming (Maybe)

NCR

The roots of Oklahoma Fidelity Bank go back more than a century—the institution originated with Fidelity Investment Co., That’s right, the card is gone. And yet the idea of a mobile app replacing the card—the ultimate anachronism—is so unusual? It’s easy enough to identify outliers, whether they be in Oklahoma or South Korea.

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Majority Of Consumers Want Digital Coupons, Rewards From Grocers

PYMNTS

Walmart, for example, has been testing a 24/7 pickup service at a supercenter in Oklahoma City. Supermarket operator Food Lion, for example, has a mobile app to make grocery shopping — and saving on grocery shopping through couponing and other perks — easier for customers across its 10-state footprint.

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What Is Powering The Emerging Pawnaissance?

PYMNTS

At the low end of the spectrum, consumers will pay an APR of 25 percent a month, roughly comparable with a high-rate credit card. Policymakers may have simply shifted operating firms from one industry to another, having no real effect on market conduct,” Ramirez writes. Interest rates on pawn loans vary as they are regulated by states.

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