Blog

PayNearMe enables Walmart bill payments
Fintech Payments Trends

Shoppers can pay bills in cash at any Walmart MoneyCenter

By Jeff Domansky, June 9, 2021 Fintech PayNearMe will enable millions of Walmart shoppers to pay their bills with cash by displaying a scannable code on their mobile phones at any of Walmart’s 4,674 US stores and MoneyCenterbehavior locations. In expanding its partnership with digital ...
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hackers leak 8.4 billion passwords
Cybersecurity Slider

Biggest password leak ever – 8.4 billion passwords

By Jeff Domansky, June 8, 2021 The largest stolen password collection of all time, 8.4 billion passwords, was leaked on one of the world’s most popular hacker forums. The anonymous hacker named the password compilation ‘RockYou2021‘ after the notorious 2009 RockYou data breach when threat actors ...
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Neil Armstrong lunar walk
Banking

Visa & Goldman Sachs take big step in B2B cross-border payments

By Jeff Domansky, June 7, 2021 The big news of the day is that Jeff Bezos plans to go into space with his brother next month. Fitting as we approach the 52nd anniversary of Neil Armstrong’s July 20, 1969 walk on the moon. Meanwhile, back ...
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hamburger cybersecurity
Credit Card & Online Fraud Cybersecurity

Russian ransomware attacks American BBQ plans – citizens outraged

By Jeff Domansky, June 3, 2021 The world of cybersecurity is not on the radar of the average American. That is, until yesterday when news broke of a Russian ransomware attack infiltrating operations of one of the largest US beef producers, Brazilian-owned JBS. The attack ...
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mobile app security report
Banking Cybersecurity

The sorry state of application security in financial services

By Jeff Domansky, June 2, 2021 Two things jump out on first reading of Contrast Security’s 2021 State of Application Security in Financial Services Report. First, the financial services industry leaders surveyed are big organizations. Nearly two-thirds (66%) had more than 2,000 software developers and ...
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global payment trends
Fintech Payments Trends

Top 5 digital payment trends for small businesses

By David Sharp, President, PaySimple, June 1, 2021 Last year was pivotal in the payments industry when the COVID-19 pandemic forced many businesses to rethink their business strategies and adopt new revenue streams. Despite its many downsides, the pandemic has proven the necessity for small companies ...
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Klarna fail
Buy Now Pay Later Mobile Payments

Klarna buys now, will pay later for security lapse

By Jeff Domansky, May 28, 2021 Another week, another serious security lapse in the financial world. Klarna shut down its popular buy now, pay later payments app, used by more than 90 million shoppers worldwide. All due to what Klarna CEO Sebastian Siemiatkowski embarrassingly called ...
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Long Center, Austin
Mobile Payments Payments Technology

Square shares Noble aspirations to own events payments

By Jeff Domansky, May 26, 2021 A new partnership of Square and digital ordering company Noble should make it easier for concertgoers to order their cocktails, beer, and other refreshments at the next live event. Just as important, it will help concession operators handle more ...
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mobile app security risks growing
Credit Card & Online Fraud Cybersecurity

Lazy Android app cloud security exposed data for 100 million+

By Jeff Domansky, May 25, 2021 Last week, Check Point Research (CPR) released a study showing misconfiguration of third-party services by mobile app developers exposed emails, passwords, names, and other personal data for more than 100 million users. CPR outlines how lax security and the ...
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US retail is ready to reopen
Payments Trends Retail

Global consumers ready for revenge spending

By Jeff Domansky, May 21, 2021 Frustrated with 15 months of pandemic restrictions, work-from-home mandates, and longing to shop in-store once again, consumers appear ready to reopen their purses and wallets with a vengeance. Earlier this spring, Bloomberg Economics estimated Americans have a stockpile of ...
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