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West Virginia University On Transitioning New Student Onboarding To An Online Future

PYMNTS

Faculty and staff members are attempting to control COVID-19’s spread to keep everyone safe and maintain smooth operations while also managing higher online portal volumes and other troubles related to education environments’ new realities. Universities across the U.S.

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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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ACH fraud: Lessons for AML programs from a recent court case

Abrigo

District Court case in Virginia. Often, those alerts mostly likely are routed to the operations area of the financial institution. The operations area should communicate with the BSA/AML area if this function is failing. The plaintiff is a construction company that fell victim to ACH fraud initiated by business email compromise.

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Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

PYMNTS

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. Approximately 30,000 U.S.

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FBI, BBB Sound Another Business Email Compromise Alarm

PYMNTS

Federal Bureau of Investigation (FBI) was deployed to Kenya to investigate the matter after accounts payable department professionals for Fairfax County, Virginia received an email claiming to be from Dell Computers, requesting that the county reroute pending payments to a different, Ohio-based account. Between Aug. 8 and Sept.

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Starling Bank Now Accepts Apple Pay

PYMNTS

bank, has now added Apple Pay support as an online payment method, which means customers can add their Starling debit card to Apple Wallet. Customers of Starling will be able to load their payment cards into their digital wallet before the physical card comes in the mail. Starling Bank, the digital-only U.K.

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SoftBank Shares Slide Along With Ride-hailing Stocks

PYMNTS

Now that Uber and Lyft have both underperformed, analysts worry the appetite for large-growth, loss-operating companies may be thinning. Last week, SoftBank invested $20 million in Clip, a Mexican FinTech startup that offers a mobile credit card reader for smartphones.

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