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PULSE Debit/ATM Network Taps New Product Management, Operations Leaders

PYMNTS

The nationwide debit/ATM network PULSE has tapped Jennifer Schroeder to serve as its executive vice president for product management, the company announced Wednesday (Jan. Schroeder is tasked with growing Discover Debit and advancing PULSE capabilities. Debit transactions have seen an accelerating growth rate, from 5.3

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US Debit Card Usage Soars as Consumers Embrace Convenient Payments

The Fintech Times

Commissioned by Discover® Financial Services’ PULSE debit network and conducted by Banking & Payments Group , the study gauged insights from large banks, credit unions and community banks. On average, active debit cardholders completed 34.6 transactions per month, including 30.7 ATM transactions.

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FICO’s Take On Debit Security

PYMNTS

This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Consumers also show continued interest in debit even as they adopt newer payment instruments, and a 2019 report found that 61 percent of mobile wallet users linked debit cards.

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PULSE Taps New Leaders Of Product Management, Operations

PYMNTS

The nationwide debit/ATM network PULSE has tapped Jennifer Schroeder to serve as its executive vice president for product management, the company announced Wednesday (Jan. Schroeder is tasked with growing Discover Debit and advancing PULSE capabilities. Debit transactions have seen an accelerating growth rate, from 5.3

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PSCU: Debit Card Spend Growth Above Historic Levels

PYMNTS

Our data continues to show signs of consumer awakening, with the growth rate for debit spend above historic levels and credit card spend continuing to show week-over-week improvements,” said Glynn Frechette , senior vice president, Advisors Plus at PSCU. The average debit card purchase amount rose 19.9

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Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud

PYMNTS

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. To learn more about the pandemic’s impacts on debit-related fraud attempts and how banks can counter them, visit the Tracker’s Deep Dive.

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Deep Dive: Assessing And Tackling Debit Card Fraud

PYMNTS

Consumers are increasingly relying on debit rather than credit cards to make online purchases, with one report noting that one in four debit transactions are now made without cards being physically present. Debit cards will likely remain popular, meaning fraudsters will continue to search for ways to access customers’ details.