Scammers Target Stimulus Money and other Digital Transactions News briefs from 4/6/20

Scammers are calling consumers to gull them into giving up personal financial details as a way of allegedly receiving stimulus money sooner from the CARES Act, warned the Pennsylvania chapter of the American Association of Retired Persons.
Prepaid card program manager Paysign Inc. reported its 2019 revenue increased 48% year-over-year to $34.7 million. Net income grew 188% to $7.5 million.
Public fears that handling cash could spread the coronavirus causing the Covid-19 pandemic could spur development of digital currencies issued by central banks, according to a bulletin from the Bank of International Settlements.
Cryptocurrency ATM network provider Bitcoin Depot says it has turned off some of its ATMs in high-traffic areas in order to promote social distancing and prevent the spread of the coronavirus.
Saying it wants to do for e-commerce delivery “what Klarna has done for payments,” a Stockholm-based company called Ingrid has raised €1.16 million ($1.25 million) in an early-stage investment round. The startup gathers possible delivery options for an e-commerce purchase and presents them to consumers at checkout while leaving control of shipments in merchants’ hands.

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