Remove Authentication Remove Card Issuer Remove Debit Network
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JPMorgan: Using Transaction Data To Help Merchants Optimize Cash Flow

PYMNTS

A very important lever is optimizing transaction message data elements, which involves understanding which elements of a payments message work best depending on the customer’s card issuer. Routing a transaction through a different network — for example a PIN-less debit network — can in certain situations lead to a higher approval rate.

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FICO’s Take On Debit Security

PYMNTS

Financial institutions (FIs) cannot simply expect the popularity of debit to persist unaided, however, and must continue to innovate to keep fraud rates at a minimum. Card issuers, networks and retailers all must play a part in defending against such breaches.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

Stax

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions.

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Deep Dive: How Payment Card Networks Win Merchants Over

PYMNTS

This is thanks to a 2010 federal law known as the Durbin Amendment, which requires that merchants be able to select from at least two unaffiliated networks through which they can route their transactions. It also allows them to choose how to direct customers to authenticate payments, such as with or without PINs.