PYMNTS

OCTOBER 18, 2020

Plaid's software includes helping popular apps like Venmo , Coinbase , Square and Stripe access bank and credit card info, and the company says they “have been working with TD for quite some time, and are disappointed that they resorted to litigation and false allegations.”. Plaid faced a civil suit on Wednesday (Oct.

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PYMNTS

JANUARY 8, 2020

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. From there, they used the information to steal customers’ money from their accounts.

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PYMNTS

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Mastercard, Network International to Introduce Commercial Cards in MEA. Visa, Codat Partner on Providing Data for SMBs. even people who don’t have a Veem account.

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PYMNTS

FEBRUARY 6, 2018

A&P named its concept Warehouse Economy Outlet — or “Where Economy Originates” — and opened its first location in Pennsauken, New Jersey, in 1971. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed delivers bulk items such as toilet paper and pet food to consumers’ front doors.

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PYMNTS

JANUARY 28, 2020

Many accounts payable (AP) professionals turning to electronic payments to streamline their companies’ payment processes — specifically, how they pay invoices from suppliers — are putting virtual cards at the top of their lists, and for good reason. The cards can also be fully integrated into ScaleFactor’s accounting and finance platform.

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PYMNTS

MARCH 30, 2020

Nearly half of the nation’s employees are willing to accept nontraditional payment methods, such as mobile payments, digital platforms or pay cards, according to research by ADP, the New Jersey provider of human resources management software and services.

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PYMNTS

MARCH 7, 2019

The new law will take effect in July and would require most retail outlets to accept physical currency. New Jersey recently passed a similar law and New York City is on the path to doing so as well. Lawmakers in Philadelphia have passed a ban on cashless stores, making it the first major city in the U.S.

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PYMNTS

MAY 23, 2019

The uptake in card usage comes as consumers seem willing to wield (tangible or digital) plastic on ever smaller transactions. Consider the fact that in 2015, half of buyers used cards for $8 purchases, and now half of buyers use cards for purchases as small as $4.50. That comes even as, Square estimates, the percentage of U.S.

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Payments Source

FEBRUARY 19, 2019

In the tug-of-war over merchants refusing either cash or cards embroiling local governments in New Jersey, New York City and Philadelphia, the Iowa State Fair is taking the middle ground.

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PYMNTS

JUNE 12, 2018

New Jersey Transit announced it is planning to modernize its fare payment system through proposed upgrades that would reduce cash and paper-based tickets, and provide customers with quick, easy and convenient ways to pay. Earlier this year, its Board of Directors approved a contract renewal with Conduent Transport Solutions Inc.

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PYMNTS

NOVEMBER 12, 2020

Here are the latest developments in new store concepts, ordering and delivery from various big names in the sector: Amazon To Open Amazon Fresh Store In New Jersey. Amazon is growing its brick-and-mortar footprint for Amazon Fresh with a New Jersey outpost for the concept.

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PYMNTS

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Mastercard, Network International to Introduce Commercial Cards in MEA. Visa, Codat Partner on Providing Data for SMBs. even people who don’t have a Veem account.

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social media Cards Data Payments 130

PYMNTS

JANUARY 26, 2017

After nearly four years of evading authorities, a fugitive implicated in one of the Justice Department’s largest credit card fraud schemes gave himself up. The group allegedly cost banks and other businesses more than $200 million in fraud losses.

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PYMNTS

JANUARY 26, 2021

Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering. The goal was to create virtual channels where members can interact using mobile and online banking, and its improved customer center.

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PYMNTS

JULY 15, 2016

The Children’s Place , the Secaucus, New Jersey-based retailer that is the “largest children’s pure-play specialty apparel retailer in North America,” revealed plans on Thursday (July 14) to team up with Alliance Data on a new loyalty-driven, private-label credit card program, the two companies announced in a joint statement.

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PYMNTS

NOVEMBER 4, 2019

Goldman Sachs is the lead investor in a $50 million funding round for credit card startup Deserve, CNBC reported on Monday (Nov. Deserve offers credit cards to nontraditional consumers and sells its cloud-based platform to companies wanting to launch their own branded cards.

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PYMNTS

MARCH 12, 2020

She was also the CEO of Amazon subsidiary Quidsi, based in her native New Jersey, The Seattle Times reported. At SoFi , based in Silicon Valley, Renz will lead the FinTech startup’s credit card, brokerage and bank account businesses, one of the sources told WSJ.

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PYMNTS

APRIL 27, 2020

Debit card spend and average debit card purchases saw year-over-year increases as money was automatically deposited into checking accounts — and consumers found ways to use it, with debit purchases on consumer goods notably increasing.” . People spent more money on consumer goods, with a 20 percent increase in debit card transactions.

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PYMNTS

MAY 8, 2020

Preserving cash has proved popular among several states, including New Jersey and cities like New York, San Francisco and Philadelphia, which have all passed laws mandating that cash be accepted everywhere.

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PYMNTS

APRIL 13, 2020

As the coronavirus pandemic continues to disrupt personal finances, a study by credit union service organization (CUSO) PSCU shows that overall credit card spending is down 29 percent for the week ending April 5, compared to the same period in 2019. Debit card spending is down 12 percent for the same period. Gas spending was down 55.5

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PYMNTS

JANUARY 22, 2020

Provident Bank, a New Jersey-based financial institution (FI), will issue a comprehensive suite of commercial payment solutions in conjunction with First Bankcard. The corporate card program has higher limits to accommodate individual client spending habits.

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PYMNTS

MARCH 21, 2019

San Francisco is considering following in the footsteps of New Jersey and Philadelphia and banning cashless stores, including Amazon Go, according to a report from CNBC. Many lawmakers say cashless stores are discriminatory toward lower-income individuals, as well as those without bank accounts or credit cards.

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PYMNTS

MAY 18, 2020

“The extent of SMB churn is hard to quantify, and likely won’t be known for perhaps another six months, but we note that 75 percent of Square’s payment volume comes from merchants with less $500,000 in annual card volumes,” he said. Kupferberg wrote that stimulus checks could help some small businesses temporarily stay afloat. Square Inc.’s

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PYMNTS

JANUARY 23, 2019

The new view of the Wire Act comes months after the Supreme Court in May 2018 struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders. New Jersey was the ringleader of the effort, though it did enlist support from 17 other states and three additional state governors.

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PYMNTS

JULY 16, 2020

For example, The College of New Jersey this week announced that while it’s “keeping tuition flat,” it will cut overall student costs by 3.5 The school is doing so by cutting fees for card service, student activities and use of the campus student center. Some institutions do plan to reduce the cost of attendance.

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PYMNTS

MARCH 19, 2019

New Jersey was the ringleader of the effort, though it did enlist support from 17 other states and three additional state governors. According to the latest data from the state’s gambling regulator, consumers in New Jersey have placed more than $780 million worth of online bets since that decision, and $1.25

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PYMNTS

MAY 20, 2020

Similar worries extend to card-based payments, too, as the virus can remain active on plastic surfaces for up to three days. Regardless of such hurdles, recent developments have made contactless cards and mobile payment options particularly appealing and viable options for restaurants planning to reopen soon.

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PYMNTS

OCTOBER 28, 2016

The average rate of a new bitcoin ATM? Not to make them out to be a toast attraction, but the other kiosks can be checked out in New York, New Jersey, Pennsylvania, Texas, Louisiana and Nevada. What about gift cards? Turns out, former Amazon executive Gene Kavner’s already on the bitcoin gift card ball.

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PYMNTS

SEPTEMBER 24, 2018

Overstock.com is no stranger to offering financial services — it already provides credit cards, lending, investments and insurance services to its customers. Marqeta is a card issuing and core processing platform, powering prepaid, debit and credit cards for commerce firms. Modern Takes On Lease-To-Own.

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PYMNTS

MAY 28, 2020

As of this week, customers with SNAP in the states of Colorado, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New Mexico, Vermont, Virginia, West Virginia, and Wisconsin can now use their cards to buy groceries from the website’s services and have them delivered to the customers’ doors.

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DC West Virginia Virginia Vermont 133

PYMNTS

APRIL 26, 2019

Critics contend that cashless stores impact those that don’t have credit cards, bank accounts or like to pay via cash, The New York Times reported. In other cashless payment news, Philadelphia recently passed a ban on cashless stores – the first big U.S. city to do so, per reports.

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FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

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PYMNTS

JANUARY 12, 2021

Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Judith Less, who runs a thrift shop in New Jersey, got $27,” the paper reported. Porter Capital Offers New Funding Tools To PPP Recipients.

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PYMNTS

MAY 7, 2020

Kindred Group, which also supports gambling platforms in Europe and Australia, has been operating its Unibet brand in New Jersey and Pennsylvania for about a year. the vast majority of other payouts are handled by ACH or prepaid cards, which are relatively faster but do not support instant funds access. in the next year.

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PYMNTS

SEPTEMBER 11, 2019

for instance, nearly half of all Visa transactions at physical points of sale happen via contactless card tap. Asia Pacific lags behind the worldwide average somewhat, with one-third of all in-person transactions happening via contactless card. In May, New Jersey surpassed Nevada for the first time. Excluding the U.S.,

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PYMNTS

JANUARY 19, 2017

They do have to be using uberPOOL, and it’s only available in select cities and New Jersey for now. But once the employer opts into the program through a participating benefit provider, the employee is able to add a commuter benefits debit card to their Uber account.

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PYMNTS

NOVEMBER 7, 2016

The process itself is what has changed,” he declared, offering up the example of Apple Pay for the transaction, which brings the phone into play in the stead of cash or card. It may be that the consumer-facing interaction has been altered most visibly, said Galarza.“The

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