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Chase To Debut New Freedom Flex With Mastercard, Upgrades To Freedom Unlimited Card

PYMNTS

Chase has introduced a new credit card and improved the cash incentives for another. 15 , the Wilmington, Delaware-based financial institution will introduce the Freedom Flex card and will upgrade the cash-back offerings for its existing Freedom Unlimited card. Starting Sept.

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Sports Concessions, Dunkin’ To Test Mastercard Checkout-Free System

PYMNTS

Food and beverage stand operator Delaware North intends to test Shop Anywhere in Q4. Guests and fans coming into a stadium environment now want to quickly and safely get in and out with little to no wait times on entry and exit,” Delaware North Chief Information Officer Jeffrey Wilkinson said in the report.

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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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Subscription Box Company Loot Crate Files For Chapter 11

PYMNTS

The company specialized in monthly fan boxes filled with shirts, gear and gadgets for the sci-fi and gaming culture, Chief Restructuring Officer Stuart Kaufman said in a court declaration filed in Wilmington, Delaware. Its credit card processor is also withholding customer billings. Kaufman said the company also owes more than $5.87

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CVS Pay Joins The M-Pay Bandwagon

PYMNTS

Brian Tilzer, CVS’ senior vice president and chief digital officer, says that the brand is “excited” by the rate of consumer adoption observed so far. Customers just need to add their credit or debit cards’ information into the CVS Pharmacy app, as well as HSA and FSA accounts if appropriate. CVS designed CVS Pay to be easy to use.

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CFPB holds field hearing on proposed rules for prepaid accounts

CFPB Monitor

Yesterday I attended the Consumer Financial Protection Bureau’s (CFPB) field hearing in Wilmington, Delaware, at which the CFPB unveiled and accepted public comment on its long-awaited proposed rule for prepaid accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth In Lending Act (Regulation Z) (the Rule).

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Mobile Payments Amnesia And CVS’ M-Pay Entrance

PYMNTS

Why do mobile payment users choose another method if they have taken the trouble to load their card data? There is a difference in the choice of debit or credit card as a funding source among users. Meanwhile, only 44 percent of Apple Pay users prefer to use a debit card as a funding source and 50 percent use a credit card.

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