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NBK Unveils Payment Verification Service on Its Mobile Banking App

Fintech Finance

The service is available for the holders of NBK Debit Cards (Only on international spends), NBK Foreign Currency Prepaid Card, and NBK Multi-Currency Prepaid Card. The service is available for the holders of NBK Debit Cards (Only on international spends), NBK Foreign Currency Prepaid Card, and NBK Multi-Currency Prepaid Card.

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Inside The Fight For Digital Driver’s Licenses

PYMNTS

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Biometrics are growing increasingly popular among credit card users.

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Visa, PayActiv Launch Real Time Payroll

PYMNTS

The companies also said PayActiv partners can offer real-time deposits to employees’ accounts via debit card or reloadable prepaid card, using Visa Direct ’s real-time push payments. One way to lure workers and keep them is to pay them the way they want to be paid, which means breaking the rigidity of the two-week pay cycle.

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BBVA’s Four-Step Guide To Digital-First Transformations

PYMNTS

These digital pushes are far from ubiquitous, however, with many banks unwilling to make the massive financial investment involved in acquiring these new technologies. The ATM’s location was picked due to the fact that homeless individuals often gather nearby, allowing sympathetic customers to donate without handling cash.

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U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

FICO

Card Skimming Fraud Grows 700+% in First Half of 2022. Credit card and debit card skimming fraud is back with a vengeance in the US, while other fraud types are seeing global growth. At FICO World 2022, I hosted a session where we talked about global fraud trends like authorized push payment scams and romance scams.

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COVID-19: A Driving Force For Digital, Contactless And Mobile Wallets

PYMNTS

Even before the pandemic, shifting consumer preferences were becoming apparent in the digital space, with more consumers adopting online banking, downloading payments apps and changing the ways in which they interact with their financial institutions (FIs). Fewer people are going into branches and using ATMs. It’s that simple.

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Citi Announces Replacement Card Tracker

PYMNTS

Citi has just provided its members an in-app window into the status of their replacement cards. 29), Citi credit card members in the U.S. will be able to track the progress of their replacement card delivery in real time. Customers will also be able to activate their card through the tracker. Starting today (Nov.