Payments News – from Glenbrook Partners

  • 05.24.2019: Attacks From Rogue Mobile Apps Jump 300%, and CNP Fraud Continues To Boom, RSA Finds - Payments News
    “Fraud attacks involving rogue mobile applications jumped nearly 300% in the first quarter from the preceding quarter, and fraudulent card-not-present transactions rose 17%, fraud-control services provider RSA Security says in a new report. Bedford, Mass.-based RSA says it flagged 41,313 attac... read more
  • 05.24.2019: Facebook Plans to Launch Crypto-currency - Payments News
    “Facebook is finalising plans to launch its own crypto-currency next year. It is planning to set up a digital payments system in about a dozen countries by the first quarter of 2020. The social media giant wants to start testing its crypto-currency, which has been referred to internally as Glo... read more
  • 05.24.2019: Global Payments, Total System Have Held Tie-Up Talks, Sources Say - Payments News
    “Global Payments Inc. is nearing an all-stock deal to buy Total System Services Inc. for about $20 billion, according to a person familiar with the matter, in what would be the third mega-merger in the payments industry this year.    The companies are preparing to announce a transact... read more
  • 05.24.2019: Zero Raises $20 Million From NEA and Others for a Credit Card That Works Like Debit - Payments News
    “Zero’s idea is to offer a rewards credit card that works like debit. The Zerocard itself is a World Mastercard, so it earns credit card cash back. But unlike a traditional credit card, it’s combined with an FDIC-backed checking account called Zero Checking. That means Zerocard and... read more
  • 05.24.2019: The New Rules of Conduct in a World Without Cash - Payments News
    “As more people swap funds via apps—over $21 billion was sent using Venmo in the first quarter of 2019, up 73% from the same time last year—cash is starting to burn a hole in people’s pockets. From takeout spots to Amazon Go markets to your buddy Carl, paper money is increasi... read more

Payments News – from Google

Payments News – from Yahoo!