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Why US Credit Card Fraud Complaints Are On The Rise

PYMNTS

Credit card fraud complaints in the U.S. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. At the state level, the number of credit card fraud complaints were much more pronounced. Across the U.S.,

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Thieves Innovating New Ways To Skim Consumer Credit Card Details

PYMNTS

Another day and another security threat for consumers with cards to worry about. Today’s security special comes care of the Secret Service — which is warning banks and ATM firms about the dangers of “periscope” skimmers.

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Payrailz Partners With Mastercard For Real-Time Bill Payments

PYMNTS

Billing accounts can be securely linked so that payments can be made through Payrailz. Payment can be handled with cards, real-time payments or bank transfers. The Glastonbury, Connecticut startup Payrailz was founded in 2016 by co-founders Fran Duggan, Paul Franko and Rich Pelikan. The company raised $3.5

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The Best Credit Union Business Credit Cards in 2020

MyBankTracker

Much like personal credit cards, you can be stuck with a tough decision choosing a business credit card. You may have to consider the rewards program or the card’s perks that may help your business operations. credit card issuers and banks offer very attractive choices (not surprising). The major U.S.

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Equifax Blames Flaw In Database Software For Breach; Backlash Mounts From Consumers, Lawmakers

PYMNTS

According to a news report in the The New York Post , hackers were able to steal customers’ data — including Social Security numbers — due to a weakness in open source software developed by Apache Software Foundation. consumers and potentially compromised the credit card numbers of approximately 209,000 people. Baird & Co.,

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

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Picking Up The Bill On Consumer Trust, Post-Data Breaches

PYMNTS

The public may learn of data breaches much more promptly if three senators get their way on a proposed Senate bill, the Data Security and Breach Notification Act, which was introduced on Thursday, Nov. million to settle claims related to its 2013 holiday season data breach, which compromised 40 million customers’ credit and debit cards.

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