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Study: COVID-19 Fraud Reaches $100M

PYMNTS

A report by the California-based agency, whose mission is to prevent consumers from being defrauded online by learning the identity of individuals or organizations, revealed the number complaints about coronavirus scams has doubled in most states. SocialCatfish.com, the identity verification nonprofit, reported U.S.

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NJ Online Gaming Revenue Set To Grow 66 Pct This Year

PYMNTS

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Online casinos’ monthly revenue more than doubled in the 15 months following the rollout of sports betting in June of last year.

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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

PYMNTS

The financial institution said per the report that it would shutter approximately 100 locations throughout the nation, which would shrink its domestic offices to roughly 400. And Pennsylvania-based Northwest Bank announced the closure of 40 branches throughout its portfolio, YourErie reported.

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CFPB September 2016 complaint report highlights money transfer complaints, complaints from Pennsylvania consumers

CFPB Monitor

The CFPB has issued its September 2016 complaint report which highlights complaints about money transfers and complaints from consumers in Pennsylvania and the Philadelphia metro area. Sellers involved in transactions using an online money transfer service often reported encountering problems with the dispute resolution process.

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The Reality Of Real ID

PYMNTS

One of the main ideas behind Real ID is to make it easier to authenticate a person’s identity, and to do so according to a single, de facto national standard. However, that can lead to more opportunities for online fraudsters as well. For now, that’s for the future, perhaps a next generation of nationally mandated personal ID.

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Welcome To The Golden Age Of Sweatpants

PYMNTS

Digital commerce , expanded local delivery, buy online pick up curbside, contactless payments and more all moved from the margins of consumers’ transactional lives to center stage. And yet, that list leaves out one frontier of human progress that for some reason has gone largely unsung: sweatpants. Is This a Permanent Shift? .

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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

SNAP online . The USDA is in the process of rolling out a pilot program that will allow SNAP program enrollees to buy groceries online. We’re looking forward to being able to bring the benefits of the online market to low-income Americans participating in SNAP.”. Is there any way out of that?

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