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Colleagues Come Together to Donate Over $20,000 to Support Those in Hunger Around the World

Perficient

Coming Together to Support Food Security. As we empowered our colleagues to give back in their own individual way, it became evident food security was an important cause to our people around the world. Giving Back To Food Security Organizations. Cleveland Food Bank. Submission by Imranur Raheem, technical consultant.

St. Louis 443
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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

Cleveland Federal Reserve President Loretta Mester said in a speech this week that a digital dollar could conceivably be a form of money transfer that would enable the Fed to disburse money to all individuals in America. Notably, China’s central bank is already developing and testing a national digital currency in the Asian nation.

Cleveland 330
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Upscale restaurant chain hit by POS breach: Krebs

Payments Source

Cleveland-based Select Restaurants Inc., a national chain of upscale restaurants and bars, has experienced a breach exposing customers’ payment card data through point of sale technology, according to data security expert Brian Krebs.

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Google Pay Adds 29 US Banks To Mobile Payment Service

PYMNTS

First National Bank of Milaca. Greater Cleveland Community Credit Union. Lamar National Bank. Security Bank (NE). First Bank of Boaz. First Central Credit Union. Grand Savings Bank. Greenleaf Wayside Bank. Hatboro Federal Savings, FA. Hometown Community Banks. Iowa Falls State Bank. Journey Federal Credit Union.

Google 130
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Payroll Fraud Could Cost KeyCorp $90M

PYMNTS

In a K-8 filing, KeyCorp, which is based in Cleveland, said the fraud involved a “business customer” and that it was discovered “on or about” July 9. Regional banking firm KeyCorp disclosed a massive instance of fraud on Tuesday (July 16) that could potentially cost $90 million, according to a report by CNBC. Shares fell on the news.

Fraud 142
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Oracle’s three modes of Progressive Transformation

Celent Banking

Suncorp in Australia has started the process of moving off its Hogan core by focusing on unsecured lending; its next stop will be secured lending. KeyBank , based in Cleveland, announced at Open World that it intends to use non-core systems components of Oracle Banking Platform (“OBP”) to enhance and modernize its mobile and online channels.

Cleveland 165
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Retail Enabler: CardinalCommerce Protects SMBs From Holiday Fraud

PYMNTS

Black Friday and Cyber Monday sales continue to increase year over year — while some project online holiday sales at $98 billion, new estimates from the National Retail Foundation project that this year’s online holiday sales could reach $117 billion. ‘Tis the season … to be very, very wary of phishing and other types of fraud.

Retail 100