In today’s CardFlash News Que: CFPB (Lipsky); YAPSTONE (PCI); DIGITZS (Crowdfunder); and FIRST BANKCARD (Passcode).
CFPB – The Consumer Financial Protection Bureau sues Nationwide Biweekly Administration,, Loan Payment Administration, and their founder and president, Daniel Lipsky.
YAPSTONE – YapStone, a global provider of web and mobile payment technology solutions for large vertical markets and online marketplaces, announced it has completed its recertification as a Payment Card Industry-Data Security Standard (PCI DSS) Level 1 Payment Gateway and Payment processing company, following a detailed audit by BrightLine. On an annual basis, YapStone contracts the licensed CPA firm to conduct a comprehensive audit to ensure credit card data is stored, processed and transmitted in a secure and protected manner. The audit includes document collection and analysis, vulnerability scanning and management, security policies and procedures, access controls, penetration testing and other requirements as specified in PCI 3.0 data security standards.
DIGITZS – DIGITZS, the fastest, easiest and most secure way for merchants to get paid, announced the launch of an equity crowdfunding campaign on Crowdfunder to raise $500,000. Digitzs founders, Laura Wagner and the first CFO of PayPal, David Jaques, will use the funds to complete the Digitzs’ suite of payment solutions, which will launch this summer.
FIRST BANKCARD – First Bankcard, a division of First National Bank of Omaha and a leading issuer of credit cards, announced the launch of new features to its mobile app capabilities, offering credit card customers quicker access to their accounts with Passcode and Quick Balance.