In a slew of problems hitting Walmart Green Dot prepaid cardholders, many users were unable to access their cards in order to check existing balances or even withdraw the money that is tied to those cards. As noted by American Banker earlier this week, social...
Restaurant chain Noodles & Company is probing a credit card breach that is said to have hit several of its 500 stores. The revelation comes after several financial institutions reportedly saw a pattern of fraudulent charges on customer cards, which were used between January of...
In the latest chapter of the Lending Club drama, on Thursday (May 19), it came to light that New York’s highest-ranking financial regulator has launched an official inquiry into the online alternative lender. The newest probe, as disclosed to The Wall Street Journal by an unnamed...
Not only are ransomware creators TeslaCrypt closing up shop, the group is also reportedly sorry for all the damage they inflicted during their run. The now-defunct ransomware Trojan was designed to find and encrypt video games on PCs. But, with the announcement of its shutdown,...
Google’s parent company Alphabet has put itself in quite the conundrum. Earlier this month, Google announced its plans to ban payday lender ads, citing the number of controversies surrounding pitches by financial loan services, particularly payday loan companies, that have been viewed as deceptive. Now, however,...
Technology is simply a form of communication, and across supply chains, communication can benefit from mobile devices. VAI CIO Kevin Beasley explains how automation and better data flow foster supply chain efficiencies, especially for SMBs.
The U.K. Cards Association announced on Thursday (May 19) that the monthly spending on contactless cards reached a record £1.5 billion in March 2016. In Nov. 2015, monthly contactless spending hit £1 billion. Today, one in seven of all card transactions that take place in...
Swedish mobile banking outfit Tink has ended the week on some good news. The firm has picked up $10 million in a Series B funding round led by Swedish investment firm Creades and SEB Venture Capital, the venture arm of Swedish bank SEB. That $10 million...
As June rolls up — and Christmas suddenly presents itself as a problem that will have to be solved in six months — many Americans will resolve that, instead of hitting the plastic this year, they will start saving a little bit here and there,...
