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- The Western Union Co.’s Speedpay subsidiary announced the latest release of its Next Gen bill-payment platform.
- Card manufacturer CPI Card Group Inc. reported that first-quarter sales of credit and debit cards for the U.S. market fell 6.5% year-over-year, but U.S. prepaid card sales jumped 63%.
- The number of data breaches fell to 686 in the first quarter, less than half the 1,444 in 2017’s first quarter, but the number of records compromised in 2018’s first three months still exceeded 1.4 billion, fraud-control technology provider Risk Based Security reported.
- Consumer revolving credit declined 3% in March on a seasonally adjusted annualized basis, the Federal Reserve reported.
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