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- American Express Co. announced its Business Loans service that will provide unsecured loans of $3,500 to $50,000 for small businesses; holders of AmEx business cards can apply online and receive a decision in as little as 60 seconds, AmEx said.
- ProPay, a merchant-acquiring subsidiary of processor Total System Services Inc. (TSYS) that operates in the U.S. and Canada, announced its expansion into Australia.
- Security specialist ControlScan said it can now offer qualified security assessor services in Canada following approval by the PCI Security Standards Council.
- ATM operator Payment Alliance International released the PAI Mobile app that helps ATM owners and independent ATM deployers manage their machines.
- Only 49% of Millennials have a heightened concern about recent cyberattacks, finds the 2017 Consumer Cybersecurity Study released Thursday by First Data Corp. That compares to 65% of Baby Boomers.
- Sixty-eight percent of consumers continue to trust their traditional banks, yet 76% said they worry about the security of some of the new online banking and payments services, finds the 2017 Fintech Survey from Blumberg Capital LLC.
- Fair Isaac Corp. (FICO) said it refreshed the analytic model used in its FICO Enterprise Security Score to enable it to better predict a data breach.
- The U.S. Payments Forum issued the first in a series of white papers about implementing open EMV contactless payments in public transit; the current paper focuses on pay-as-you go/single-ride fare scenarios.
- IronMonk Solutions, a digital marketing agency, said it now accepts Bitcoin payment along with Ethereum, Litecoin and more than 50 other digital currencies through a partnership with CoinPayments, a digital-currency payment gateway.
- Payments company NovoPayment Inc. launched Developer Hub, an application programming interface platform for developers.
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