Why DraftKings Will No Longer Take Credit Cards
DraftKings will no longer allow customers to use credit cards as a method of payment. The sports betting site cited this change as a way to protect its users, though it also brings significant benefits for the company. Customers can still fund their DraftKings accounts using debit cards, bank transfers, wire transfers, and payment platforms […]
How Bad Actors Add Stolen Cards to Digital Wallets Via Ghost-Tapping
China has been at the forefront of mobile payment adoption, but this progress has also opened the door to new attack vectors for cybercriminals. Traditionally, stealing card data has been the central objectives of fraud schemes such as phishing and malware attacks. Now, however, a technique known as ghost-tapping allows criminals to use stolen credentials […]
Exploring the Trends Driving the Continued Success of Prepaid Products
Gift cards are thriving, but they are just one aspect of the booming prepaid industry. For example, many consumers may not realize that when they are reloading their account at Starbucks, Target, or Dunkin Donuts that they are essentially purchasing a digital gift card for self-use. As Jordan Hirschfield, Director of Prepaid Payments at Javelin […]