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TSYS Attacked With Ransomware, Has Data Posted Online

PYMNTS

We immediately contained the suspicious activity and the business is operating normally. Columbus, Ga.-based "We experienced a ransomware attack involving systems that support certain corporate back office functions of a legacy TSYS merchant business," TSYS said in a statement to PYMNTS. "We This matter is immaterial to the company.”.

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Data Dive, Columbus Edition: Square, PayPal And One Brave Bank Teller

PYMNTS

Today is Columbus Day, a celebration of Christopher Columbus’ “discovery” of Americas 526 years ago. First, Christopher Columbus never actually set foot in North America, so he discovered an America, not the America. In fact, much of what one learned in elementary school about Columbus is a little bit off.

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Klarna Goes Live with SAP’s Smart AFI

Fintech Labs Insights

. “We were concerned that getting that visibility would take a substantial amount of time and resources, but with SAP we were able to do it in only three months and with zero lag time in operations. As a perk to retailers, Klarna assumes the credit and fraud risk of a transaction to ensure retailers receive payment.

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Gonzo Notes from Money20/20

Gonzobanker

Brian Mooney, CEO of Merchant Customer Exchange (MCX), also used his stage time to talk about the pilot under way in Columbus, Ohio, with many merchants. While it’s hard to put a number impact on this yet, and there is an interchange revenue give-up, Chase has to think there’s a long-term payoff. MCX gets credible volume and partnership.

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Amazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns

PYMNTS

The Crystal City, Virginia HQ2 plans are still underway, as are plans for a new operations hub in Nashville. His commentary about bitcoin over the years has included the words “stupid” and “a fraud,” along with threats to fire any employee caught trading it.

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