The Fintech Times

JULY 1, 2025

Partnerships and collaborations InComm Payments , a global payments technology provider, has adopted Atleos ’ ReadyCode API solution to enable InComm Payments’ fintech and banking partners to offer ATM-based cardless cash pickup at over 23,000 ATMs across more than 40 states in the US.

FinTech

Fintech Finance

FEBRUARY 3, 2025

Virgin Money has launched an exciting offer for new customers of its M Power account, its free child bank account for 1117-year-olds. This bank account is available exclusively to the children of Virgin Money current account customers.

Debit Card

Fintech Review

MAY 10, 2025

Businesses can activate, suspend, reissue, fund, or terminate cards automatically based on business logic or user actions. They can set dynamic controls by transaction type, location, time of day, or account status. For example, a travel card programme could allow hotel and restaurant charges but block ATM withdrawals abroad.

Payment APIs and Integration

Finextra

JUNE 26, 2025

The inherent nature of online transactions, particularly the absence of a physical card, introduces higher fraud risks compared to traditional card-present scenarios. This structural difference makes Card-Not-Present (CNP) fraud a dominant concern, accounting for a substantial portion of all card fraud, exemplified by its 85.3%

Stablecoins

The Fintech Times

MARCH 27, 2025

In August 2023, we launched our personal banking solution through Moniepoints subsidiary, Moniepoint Microfinance Bank, offering a reliable debit card which can be used at ATMs, POS terminals, and online; alongside a personal banking app where users can make transfers, pay bills and buy airtime.

FinTech

Payments Dive

JUNE 26, 2025

accounts, according to the release. Venmo is also linked to a Mastercard debit card that the company touted as offering students cashback rewards for a limited period. The digital wallet currently has about 64 million U.S. Sign up A valid email address is required. Please select at least one newsletter.

PayPal

Finextra

JUNE 26, 2025

The inherent nature of online transactions, particularly the absence of a physical card, introduces higher fraud risks compared to traditional card-present scenarios. This structural difference makes Card-Not-Present (CNP) fraud a dominant concern, accounting for a substantial portion of all card fraud, exemplified by its 85.3%

Stablecoins

Fintech Finance

JULY 24, 2025

Over the past 15 years, the companies have leveraged their omnichannel strategies to deliver a seamless and integrated customer experience across multiple touchpoints in Japan, such as 44,000 ATMs in Japan Post Bank and Lawson Bank locations nationwide. billion digital wallets, and Visa debit cards worldwide.

Funds Transfer

PYMNTS

SEPTEMBER 23, 2020

percent cash back on all of their eligible spending with the debit card. They can spend funds kept in their PayPal accounts at more than 52 million Mastercard acceptance locations globally. The debit card doesn’t have foreign exchange fees or monthly charges, while it has a flat ATM fee of 2 euros ($2.34) globally.

Debit Card

Clearly Payments

OCTOBER 22, 2024

As a merchant, understanding how a PIN (Personal Identification Number) works with credit and debit card transactions is essential for running a secure and efficient payment process. This guide explains how a PIN functions in credit and debit card payments and its importance for merchants. What is a PIN?

Debit Card

PYMNTS

APRIL 2, 2019

Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards. In a press release , Wells Fargo said the new cards will enable customers to complete transactions quickly and with a single tap at millions of merchants and transit systems that accept contactless payments.

Debit Card

FICO

MARCH 29, 2017

The latest fraud news from the FICO ® Card Alert Service , which monitors hundreds of thousands of ATMs and other readers in the US, is bad. In fact, it’s doubly bad: The number of payment cards compromised at U.S. ATMs and merchants monitored rose 70 percent in 2016. The number of hacked card readers at U.S.

ATM

PYMNTS

APRIL 11, 2019

Coinbase , the cryptocurrency exchange operator, announced Wednesday (April 10) the launch of the Coinbase Card in the U.K., which is a Visa debit card that lets customers in the U.K. spend crypto as easily as they spend money sitting in a bank account. card issuance fee for the first 1,000 people to join the waitlist.

Debit Card

PYMNTS

JANUARY 23, 2020

The partnership starts with the SoFi Money debit card, an offering that will exist exclusively on the Mastercard network. SoFi’s card will provide an additional way for customers to spend with their SoFi Money cash management accounts.

Debit Card

PYMNTS

OCTOBER 28, 2020

Cryptocurrency fans in the United States will soon have their own debit card for holiday shopping. The good news is that the new Coinbase Card handles all the conversions itself, exchanging whatever cryptocurrency that users have in their accounts to U.S. The pending arrival of the Coinbase Card in the U.S.

Debit Card

PYMNTS

NOVEMBER 19, 2020

Citi and Mastercard are teaming up as network partners for the digital checking and savings account Citi Plex on Google Pay, available for both Android and iOS. . Citi Plex account holders will receive a debit Mastercard, an auto provisioned instant digital debit card.

Visa

PYMNTS

OCTOBER 20, 2016

million debit cards in India will either have their security codes changed or their cards swapped out wholesale due to concerns that the data may have been breached in one of the nation’s biggest security incidents ever. million cards, the majority are on the Visa or Mastercard platform — 2.65 As many as 3.25

Debit Card

PYMNTS

MARCH 6, 2018

A new report has revealed that there was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017. The number of compromises and the number of card members impacted set a new record last year,” said TJ Horan, vice president of fraud solutions at FICO.

Debit Card

The Fintech Times

AUGUST 12, 2024

US consumers are increasingly turning to debit cards for their everyday transactions, driving a significant surge in the number of transactions and overall spending. The 2024 PULSE Debit Issuer Study reveals that in 2023, the total number of debit cards, transactions and annual spending per active card all saw substantial increases.

Debit Card

PYMNTS

MAY 19, 2020

In today’s top news, Amazon could be in talks to buy JCPenney, and 4 million stimulus payments will be sent to consumers via Visa prepaid debit cards. Treasury: 4 Million Stimulus Payments To Be Sent Via Visa Prepaid Debit Card. Plus, Uber plans to cut 3,000 more jobs. Amazon Eyes JCPenney Buy.

Debit Card

Fintech News

MAY 21, 2024

Interest rates for savings accounts have become a prominent topic in recent years, driven by changing central bank policies and increasing inflation. Several savings accounts including the Standard Chartered Bonus$aver Account and the OCBC 360 Account have increased their interest rates, with some reaching as high as 7.68% per annum (p.a.).

Accounts

PYMNTS

AUGUST 27, 2019

but my wife and I weren’t carrying cash as frequently as we used to because we were making all of our purchases with our debit cards and credit cards. ,” Sheehan said. That created an awful lot of last-minute, late-night trips to an ATM. “I have four kids so there were many times when one of our kids needed money (e.g.,

Debit Card

PYMNTS

JUNE 25, 2019

Bank of America (BofA) announced on Tuesday (June 25) that it’s launching a digital debit card, according to a release by the company. This digital debit card has the same protections and benefits of a physical debit card and is immediately available to use in the mobile app.

Debit Card

PYMNTS

FEBRUARY 3, 2020

The automated teller machine (ATM) debuted 51 years ago in the U.S., And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. A convergence of factors is at the root of the ATM makeover now underway. It helps explain why the value of the ATM market was $18.44

ATM

PYMNTS

NOVEMBER 10, 2016

Bank of America is facing a lawsuit in Arizona from prisoners who contend they are being forced to become customers of the bank because they are given a BoA debit card that also has high and unusual fees. “The fees are based on a debit card contract that they never agreed to and never signed.”

Debit Card

Fintech Finance

OCTOBER 3, 2024

Consumers are losing over £17m a year by choosing to pay in pounds rather than the local currency when using credit and debit cards abroad. The figure is likely to be higher as this only accounts for the top five spending categories, ATM, accommodation, restaurants, duty free and groceries.

Debit Card

PYMNTS

FEBRUARY 3, 2020

Fraudsters have grown adept at finding debit cards’ weak points, and merchants are struggling to keep up. Losses due to false credit and debit card declines — in which merchants reject legitimate orders on the mistaken belief that they are fraudulent — grew to $118 billion last year and are projected to reach $443 billion by 2021.

Debit Card

PYMNTS

AUGUST 4, 2017

Savings app Qapital is now offering a new checking account and debit card to its customers, in addition to its already existing savings account. According to news from TechCrunch , the new services will combine account aggregation, savings and spending options all in one place.

Debit Card

PYMNTS

JUNE 17, 2019

Discover Financial Services said Monday morning (June 17 th ) that it has ended fees on deposit accounts. Discover banking customers also have access to 60,000 fee-free ATMs across the country. The elimination of fees also extends to charges for monthly maintenance, checkbook orders or replacement debit cards.

Deposit Account

Fintech Finance

DECEMBER 12, 2023

The cards are designed for managing company funds and bring a number of privileges to customers, such as: Attractive cash back; Travel insurance with comfortable coverage when traveling abroad; Exclusive services and other benefits. The cards can be issued to the manager of the specific company and to persons authorized by the company.

Debit Card

FICO

NOVEMBER 24, 2020

As many of us who have long been in the industry know, fraud remains a top challenge for debit cards. billion in gross (attempted) debit card fraud and ultimately incurred losses of over $1 billion on debit and ATM transactions; the need for an effective solution to this problem has never been greater.

Debit Card

PYMNTS

SEPTEMBER 15, 2020

SBM Bank India , the Mumbai-based lender, and Mastercard have introduced a premium debit card for high-net-worth customers. Additionally, SBM customers can get preferential personal banking services, such as better rates on savings accounts with monthly interest payouts and competitive foreign exchange rates, the bank said. . “We

Debit Card

PYMNTS

NOVEMBER 12, 2018

s Court of Appeal ruled on Friday (November 9) that automated teller machines (ATMs) should not be separately assessed when it comes to business rates. Schurder told the FT , “ATMs are part of the retail offer of the stores they are situated in and the VOA should never have treated them as separate businesses. In addition, around 2.2

ATM

Stax

JANUARY 1, 2024

Business savings accounts are crucial to a sound organizational strategy. resident has only $1000 or less in their personal savings account. resident has only $1000 or less in their personal savings account. Accounts combining high-interest rates, no fees, and advanced online solutions are available.

Accounts

PYMNTS

DECEMBER 2, 2020

This is driving demand for virtual cards, digital payment offerings that can authorize purchases without forcing shoppers to hand over sensitive permanent account numbers.”. Virtual card numbers can’t be copied, and their spend controls make overspending or unauthorized spending “virtually” impossible.

Debit Card

PYMNTS

OCTOBER 20, 2017

Citibank has announced news that customers can now utilize the popular Citi Quick Lock feature on their debit cards, enabling them to quickly temporarily freeze their card in order to protect their bank accounts. Customers can easily lock their debit cards online or via Citibank’s mobile app if a card is misplaced.

Debit Card

PYMNTS

AUGUST 14, 2018

According to the report, citing a senior bank official, the hackers used a malware attack to clone thousands of the bank’s debit cards over the course of two days. 12 via 25 ATMs that were located in Canada, Hong Kong and India. The fraud was carried out on Aug. 11 and Aug. The hack comes as the FBI in the U.S.

Debit Card