Fri.Apr 19, 2019

Chipotle Hacked, Payment Credentials Compromised

PYMNTS

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers.

Millennials Represent Nearly 3 of 5 New 1Q Account Openings at Ally

Bank Innovation

The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase.

Hypur Enables B2B Payments For CBD eMerchants

PYMNTS

Electronic payments company Hypur, which targets the cannabis and hemp industries, has unveiled its online electronic payment solution for transactions within the hemp and CBD community.

Bank Customer Experience opens awards competition

Mobile Payments Today

The annual BCX Summit has opened the awards competition for banks and fintechs in several important categories

Smart Agents Are AI’s DNA — Here’s Why

PYMNTS

Inspiration comes from anywhere and everywhere, and that goes for digital innovation in payments and commerce.

Are Ride-Hailing Apps Responsible for Southeast Asia’s Growing Fintech Market?

Bank Innovation

Fintech in Southeast Asia is reaching new records for both deals and funding. One of the reasons for this rise may be, perhaps surprisingly, the ride-hailing business. The region, which includes countries like Vietnam, Indonesia and the Philippines, among others, is a widely under-banked market.

It’s Always 5 O’Clock Somewhere: Distilleries Get Into Subscription Retail

PYMNTS

There’s nothing inherently wrong with such whiskeys as Jim Beam and Jack Daniels — they are a staple of blues, country and rock-and-roll songwriting, after all, and still have the power to soften the edges of a rough work week by the time Friday evening rolls along.

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Amazon Adds Music Streaming For Prime Members

PYMNTS

Amazon has announced the launch of a new music streaming service for customers with Alexa. “Customers in the U.S.

Coopera Believed in Me A Decade Before I Came OnBoard

Coopera

A 12-year-long impact and a bright future ahead. As Coopera’s Client Relations Director, I have the opportunity to guide our partners through their Hispanic/Latino growth strategies. Coopera’s impact could be described with many growth metrics, but it’s a much more personal topic for me.

Product Returns Get A New Look At Walgreens And Nordstrom

PYMNTS

When it comes to retail and digital commerce, it’s not just about the purchase, and it probably hasn’t been for more than a few years at this point. It’s about the entire process – from inspiration and discovery to browsing and transactions and, in many cases, the return of an unwanted product.

Signifyd launches chargeback recovery solution

The Paypers

(The Paypers) Signifyd , a fraud protection solution provider, has launched Signifyd Chargeback Recovery to help retailers address multiple types of chargeback

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Airbnb’s Business Travel Investment Leads B2B Funding For The Week

PYMNTS

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment.

What's your cash strategy?

ATM Marketplace

How do you future-proof your operations around paper currency while battling pervasive theories that have convinced 2 in 3 Americans they'll live to see the day cash goes extinct? It's a complex question with a simple answer: You need a cash strategy

What Payroll Innovation Says About Accountants’ Shifting Role

PYMNTS

The shifting role of small business (SMB) accountants is largely driven by the increase in automated solutions available to business owners today.

SDI launches Zeus cloud-based B2B platform

The Paypers

(The Paypers) SDI , a provider of digital supply chain services and technology, has launched ZEUS, a cloud-based B2B technology platform

Seattle Seahawks Chalk Up An Authentication Win With Biometrics

PYMNTS

Issues with digital identity authentication can get in the way of consumers’ financial goals. Problems with a user’s digital identity could prevent them from being approved for bank loans, buying a car or making any other expensive purchase.

JAGGAER expands services to North American transportation companies

The Paypers

(The Paypers) JAGGAER , a spend management company, has revealed that the company’s solutions are now in use by three of the top five North American transportation companies

Want To Build A 630M, 10 Country Financial Services Ecosystem? Here’s What Grab Did

PYMNTS

Ankur Mehrotra, managing director and head of financial services for Grab , still gets emotional when talking about the drivers and their dreams of owning cars.

Capital Bank of Jordan selects Backbase for digital transformation

The Paypers

(The Paypers) The Capital Bank of Jordan has signed for Backbase’s digital channels platform

Elizabeth And James Rises Again At Kohl’s

PYMNTS

The Olsen twins’ fashion empire has had a rather twisty and turny path through the world of retail apparel. Their first entry was an eponymously named line for Walmart that launched in the early 2000’s.

USDA pilot opens online grocery shopping for customers on public assistance

The Paypers

(The Paypers) The USDA (US Department of Agriculture) has launched a pilot program that will open up online grocery shopping to those on public assistance

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Product Returns Get A New Look At Walgreens And Nordstrom

PYMNTS

When it comes to retail and digital commerce, it’s not just about the purchase, and probably hasn’t been for more than a few years at this point. It’s about the entire process — from inspiration and discovery and browsing to transactions and, in many cases, the return of an unwanted product.

Citi offers biometric authentication in Asia Pacific

The Paypers

(The Paypers) Citi has revealed that its institutional clients in China, India, Singapore, Thailand and Vietnam can now use fingerprint or facial recognition to access their CitiDirect BE

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Kraninger Outlines CFPB’s Roadmap

PYMNTS

In a series of statements and interviews, Kathy Kraninger, the new director (as of December of 2018) of the Consumer Financial Protection Bureau , has laid out a number of strategic priorities and processes for the bureau. Some things will change, some will remain the same.

Visa and Mastercard accepted by Huobi OTC

The Paypers

(The Paypers) Huobi Group has unveiled that Huobi OTC now accepts deposits via Visa and Mastercard , in order to empower users and make global finance accessible to all

The Whole Paycheck Tracker: Bringing SNAP Recipients Into The Digital Fold

PYMNTS

While the race for the consumer’s whole paycheck between Walmart and Amazon was somewhat quieter this week than it has been in the for the last several weeks, things started picking up rather notably, and then rather dramatically toward the end.

Benson Oak Ventures, Samsung, Elron invest USD 4 mln in crypto wallet ZenGo

The Paypers

(The Paypers) The Block has reported that ZenGo , a project that aims to provide keyless crypto wallet, has raised USD 4 million from Benson Oak Ventures , Samsung , and Elron

The Global Influence Of PSD2

PYMNTS

The Second Payment Services Directive (PSD2) is impacting the use of data for business and consumers around the globe, and the European eCommerce industry could be significantly affected by Strong Customer Authentication (SCA) noncompliance.

SafeChain, Adeptive to offer fraud-free closings for ResWare customers

The Paypers

(The Paypers) SafeChain has revealed that Adeptive Software has integrated SafeWire into ResWare , Adeptive`s title and escrow production software

Pinterest Valuation Tops Nordstrom’s

PYMNTS

Pinterest , the image search startup, made its debut as a publicly traded company Thursday (April 18) and was able to close up 28 percent from its IPO price. According to a report in The New York Times , shares of Pinterest started trading at $23.75, higher than the IPO price of $19 a share.

Sportsbet.io facilitates crypto options, by integrating Litecoin

The Paypers

(The Paypers) Multi-currency sportsbook Sportsbet.io has integrated Litecoin, further facilitating its payment capabilities, after following popular demand

Convoy Go Levels The Playing Field For Small Carriers

PYMNTS

Convoy , the trucking services company, announced Thursday (April 18) the launch of Convoy Go, a nationwide drop and hook marketplace that lets carriers and owner-operators haul pre-loaded trailers and enter the drop ship market.

Alipay now available at Capital One Arena

The Paypers

(The Paypers) Alipay and Monumental Sports & Entertainment have announced a collaboration that will bring Alipay to Capital One Arena in Washington, D.C.

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Walmart Offers Cheaper Supplier Finance For Sustainability

PYMNTS

Walmart and HSBC are introducing a new initiative that pegs supplier financing rates to that vendor’s sustainability performances.

Miva upgrades ecommerce platform with security features

The Paypers

(The Paypers) Miva , an ecommerce software and service provider for merchants, has announced a new version of its online shopping platform with security features

Digital Health Investments Fall 19 Pct In Q1

PYMNTS

A new report has revealed that investments in digital health startups fell 19 percent in the first quarter of 2019. Data from Mercom Capital Group showed that investors put $2 billion into digital health startups during the first quarter of the year, less than the nearly $2.5

Dragonfly POS enables biometric payments at Honk Kong Duty Zero stores

The Paypers

(The Paypers) Dragonfly POS devices featuring facial recognition capabilities have been launched to Duty Zero stores in Hong Kong International Airport