Tuesday , January 21, 2020

Stolen Card Data Shows up in Joker’s Stash and other Digital Transactions News briefs from 11/27/19

  • Customer data from 4 million payment cards stolen in breaches at four restaurant chains has gone up for sale in the Joker’s Stash underground bazaar, KrebsOnSecurity reported. The breaches occurred at nearly half the 1,750 total locations of Krystal, Moe’s Southwest Grill, McAlister’s Deli and Schlotzsky’s, the latter three of which are owned by Focus Brands, Krebs reported, citing an analysis by Gemini Advisory.
  • Testing service UL said it has upgraded the Google Pay module in its UL Brand Test Tool to include a test plan for EMV contactless acceptance in transit systems.
  • Returnly, which allows consumers to buy products online using credit for returned merchandise, announced it will support an instant gift exchange program for e-commerce merchants using Shopify Plus.
  • A new report from Riskified, an online-fraud prevention company, warns e-commerce merchants about so-called mixed-cart fraud, where criminals buy physical goods that are shipped to the victim’s actual address but also order digital gift cards to be sent to the fraudster’s email address.
  • In related news, Riskified said the airline Air Europe has elected to use the company’s PSD2 Optimization service to streamline bookings while adhering to Europe’s PSD2 regulation.
  • National Retail Federation survey found that consumers plan to buy three or four gift cards on average for the upcoming holidays with an average value of $47 for a total of $27.5 billion. Restaurant cards are the most popular, chosen by 35% of respondents, followed by cards for department stores, 30%; coffee shops, 23%; Visa/Mastercard/American Express/Discover cards, also 23%, and cards for entertainment such as movies or music, 18%.
  • ParkMobile, provider of a parking-payments app, announced an agreement with the University of Wisconsin-Green Bay to allow students and visitors without parking permits to pay for daily and overnight parking with their mobile devices. The agreement applies to approximately 600 parking spaces.
  • Bitcoin ATM deployer Bitstop says it placed machines in five Simon Property Group shopping malls.
  • A London church says donations have increased since it added a contactless payment card acceptance option, the BBC reported.
  • Deluxe Corp., a provider of check services to financial institutions, appointed Michael Reed general manager of payments. Reed comes to the company from Barclay’s Bank, and before that was manager of the European division of Bank of America Merchant Services.
  • Socure, a provider of technology for digital-identity authentication, appointed Rivka Gewirtz Little senior vice president of marketing and strategy and Garient Evans vice president of growth. Little joins the company from IDC Financial Insights, where she was a payments-industry analyst. Evans comes to Socure from ID Analytics, and before that worked at Deloitte Consulting.

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