GAO Calculates Equifax Breach Impact and Other Digital Transactions News Briefs From 9/11/18 |
Georgia State University announced that the new Georgia FinTech Academy a talent-development initiative involving Georgias 26 public institutions of higher learning will have physical locations at Georgia State and in Atlantas Buckhead neighborhood The FinTech Academy is supported by the Atlanta-based American Transaction Processors Coalition One year after credit-reporting agency Equifax Inc disclosed its data breach that compromised personal information on approximately 148 million consumers the Government Accountability Office published a report about how hackers gained access to Equifaxs servers and the breachs aftermath Payrailz a digital-payments provider said Suncoast Credit Union has agreed to offer its services to Suncoasts members Services include peer-to-peer payments and consumer and business bill payment A blockchain-based system called the Global Real-Time Authorization and Funds Transfers GRAFT network which says it is aimed at a credit card-like payment experience at the point of sale said it achieved its first end-to-end transaction under two seconds Zoomdata Inc which provides business intelligence announced Cielo SA a Brazilian payments system is using its services to provide analytics on consumer financial use Island Pay a mobile-payment provider debuted in the Bahamas The service enables residents and tourists to make contactless payments between themselves or at participating Island Pay merchants