Merchant

The company on Monday also announced an initiative to boost economic opportunities for African-Americans that will focus on job training, career-leadership pathways and wealth building.

JPMorgan Chase, Capital One, Citigroup, Pentagon Federal Credit Union and a handful of others have pumped more than 100 million contactless credit and debit cards altogether into the U.S. market recently, but it’s a drop in the bucket in the world’s largest card market.

Mastercard has dropped its name in many brand references but it’s adding a customized sound, which consumers may begin to hear soon as they pay in stores and through voice assistants.

With the backing of these establishments and Federal Deposit Insurance Corporation (FDIC) protections, the cloud of uncertainty surrounding cryptocurrencies will begin to lift, writes Eric Solis, founder and CEO of MovoCash.

Today phishing scams have become so elaborate that they can take a variety of forms, including a phony job interview.

It’s past time for every organization handling sensitive data to lock down their security, and to stop relying personally identifiable information to verify users, writes Ryan Wilk, vice president of customer success for NuData Security.

TotalHousehold Pro, a website platform for home improvement contractors to manage their businesses, is partnering with CardConnect to launch a mobile app to allow contractors to accept payments in the field.

Payments providers PXP Solutions and Kalixa have merged to form PXP Financial, a London-based company focused on delivering omnichannel services to merchant acquirers.

Nordea Finance will license Divido’s white-label point of sale lending platform for launch to retailers across several Nordic countries.

The pushback on stores that don’t accept cash seems to be gaining momentum, with Philadelphia the latest municipality to consider a law that would ban cash-free shops.