Payment Savvy

JANUARY 11, 2023

If you are one of the ten million-plus American businesses with a merchant processing credit card account, the chances are you are aware of an industry term known as interchange. Each new credit card transaction is assigned to what is known as a target interchange category. What Is Downgrading a Credit Card. What Is a Bucket?

Credit Cards 98

Credit Cards Card Issuer Issuers Processors 98

Payments Source

JULY 10, 2016

What's most intriguing to payments industry insiders is what Walmart left on the table when designing Walmart Pay, and what those decisions could mean for retailers and bank card issuers.

Card Issuer 60

Card Issuer Issuers Bank Card Payments 60

Payment Savvy

AUGUST 3, 2023

When you run any BIN number through a checking system, you end up with accurate information about the geolocation, card issuer, and card type. Since online banking systems have become more popular and virtual cards have become a norm, BIN numbers aren’t necessarily bank-issued. How to Use a BIN Checker?

Issuers 98

Issuers Card Issuer Processors Credit Cards 98

Stax

MARCH 13, 2025

Debit card interchange fees are lower than that of credit cards. This is because funds are pulled from the cardholder’s bank account, posing less risk for the issuing bank. Cards with more features (premium cards, corporate cards, reward cards, etc.) of the transaction value plus $0.10

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

FICO

JUNE 22, 2016

FICO has worked with a number of credit card issuers to help them segment and deliver the right analytic offer. To learn more about FICO research into Millennials and Credit Cards download our ebook or to learn more about our Bank Card Solutions visit fico.com. Segmentation.

Card Issuer 67

Card Issuer Credit Cards Issuers Debit Card 67

PYMNTS

NOVEMBER 20, 2019

Denmark B2B FinTech Cardlay announced nearly $10 million in new funding from SEB and Seed Capital, according to reports in EU-Startups , a show of support for commercial card innovation. Cardlay works with banks and card issuers to augment its existing commercial card offerings with value-added functionality.

Issuers 62

Issuers Commercial Card Innovation Cross-Border 62

Finovate

MARCH 12, 2024

The company offers a SaaS solution that manages all of the significant aspects of program management for card issuers and BIN sponsors in a single interface. ” Headquartered in Charlottetown, Prince Edward Island, PayTic made its Finovate debut last year at FinovateSpring.

FinTech 59

FinTech Card Issuer Fraud Detection Issuers 59

FICO

NOVEMBER 26, 2019

If your plastic card is captured inside of an ATM, call your card issuer immediately to report it. Sometimes you may think that your card was captured by the ATM when in reality it was later retrieved by a criminal who staged its capture. Either way, you will need to arrange for a replacement card as soon as possible.

ATM 59

ATM Money Laundering Online and Mobile Banking Card Issuer 59

PYMNTS

JANUARY 20, 2021

Payments have typically been the exclusive domain of banks, card issuers and FinTechs — distinct from a product or service offering and usually requiring distinct motions for both the buyer and seller to complete a transaction. But that is changing — slowly but surely.

Embedded Payments 70

Embedded Payments Ubiquitous Embedded Finance Multi-Currency 70

Fintech Labs Insights

JULY 24, 2015

Bottom line : For me this would be one of the best things a bank, card issuer or PFM could do to cement my loyalty (and even cough up a modest subscription fee). The post Friday Feature Request: Banking/Card Transaction Annotation via Email appeared first on Finovate. what did I pay last month for cable?).

Bank Card 25

Bank Card Transactions Card Issuer Issuers 25

PYMNTS

JANUARY 9, 2020

Tencent was reportedly talking to five different international card issuers about allowing cardholders outside the country to use WeChat Pay while they travel. Rival Alipay has a similar functionality that allows tourists to link their own bank cards to its app.

Cross-Border 52

Cross-Border Online and Mobile Banking Card Issuer Mobile Payments 52

Finovate

MAY 2, 2024

Cardlay Payment Solutions Cardlay Payment Solutio ns’ white-label card and expense management product, Cardlay Expense, delivers an exceptional, real-time experience for card users. Features A fully bank-integrated, real-time product that helps banks provide corporate card clients a highly competitive user experience.

Credit Union 52

Credit Union Card Issuer Non-Bank Financial Crimes 52

EBizCharge

AUGUST 12, 2024

When navigating the realm of credit card processing, it’s crucial to distinguish between merchant acquirers (acquiring banks), card issuers, and payment processors, as each plays a distinct role in the card transaction ecosystem. Card issuers are banks or financial institutions that issue credit cards to consumers.

Credit Cards 52

Credit Cards Acquirers Process Debit Card 52

PYMNTS

JANUARY 29, 2020

Identifying Key Areas For Virtual Card Expansion. Bank is the country’s third-largest commercial bank card issuer, and has offered its clients virtual accounts for more than 10 years. Bank, which must educate clients and suppliers on the advantages offered by such technology. . Minneapolis-based U.S.

Consumer 52

Consumer Push-to-Card Card Issuer Automation 52

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

PYMNTS

FEBRUARY 3, 2017

Experts say the main reason for theft with chip cards is when banks and vendors don’t correctly implement the chip card standard, known as EMV. The only way for this attack to be successful is if a [bank card] issuer neglects to check the CVV when authorizing a transaction,” wrote NCR Corp.

CHIPS 41

CHIPS Credit Cards Chip Cards EMV 41

PYMNTS

APRIL 18, 2019

In a press release , Passport, which has more than $1 billion in payments processed to date and is a leader in payment in the transportation industry, said Hammermaster brings close to 30 years of experience working with large banks, card issuers and merchants to the table.

Card Issuer 43

Card Issuer Payments Issuers Bank Card 43

FICO

JULY 7, 2020

Beware of people claiming to be part of reputable organizations, like research firms or government agencies, asking you for personal information like bank card numbers or your Social Security number. Pretexting entails someone contacting you and lying about who they are to trick you into giving them something they want. Fake Profiles.

Scams 97

Scams Smishing Phishing IRS 97

Innovative Payments Association

MAY 5, 2025

With a strong background in law, public policy, and financial services, Brian brings over 20 years of experience representing banks, card issuers, and fintech companies on Capitol Hill and before regulatory agencies.

Card Issuer 40

Card Issuer Issuers Innovation Laws 40

Stax

AUGUST 29, 2024

Learn More Understanding Payment Service Providers (PSPs) A payment service provider helps businesses with the acceptance and processing of payments made via electronic payment methods, including credit cards, debit cards, digital wallets, ACH transfers, and payment apps.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

PYMNTS

DECEMBER 3, 2019

Small Business Credit Card Satisfaction Study, businesses are twice as likely as consumers to switch credit card brands, with many small businesses serving “relatively low” scores for issuers’ rewards, benefits and services. But they may have a blind spot when it comes to the product itself,” said J.D.

Commercial Card 40

Commercial Card Credit Cards Payment APIs and Integration Card Issuer 40

PYMNTS

MARCH 29, 2016

18, Chinese shoppers reportedly activated 3 million payment cards within the mobile wallet. According to China Merchants Bank, its customers connected 1 million bank cards to Apple Pay within the first couple days of the payment method becoming available, representing 35 percent of cards connected with Apple Pay in China.

Debit Card 41

Debit Card Mobile Payments Push-to-Card Bank Card 41

PYMNTS

SEPTEMBER 14, 2020

Card issuers that are convinced of their customers’ truthfulness ask merchant acquirers to extract money from sellers’ accounts, which can then be used to refund consumers for disputed purchases. FIs must thoroughly investigate chargeback cases to protect customers when fraud does occur, but the process can be cumbersome.

AI 70

AI Disputes Push-to-Card Acquirers 70

PYMNTS

AUGUST 20, 2018

“The FBI has obtained unspecified reporting, indicating cybercriminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach and commonly referred to as an ‘unlimited operation,’” the letter read, according to the report.

FBI 40

FBI Zelle ATM Credit Cards 40

Fintech Labs Insights

SEPTEMBER 15, 2014

And even if I''m wrong and you are locked out of the iPhone indefinitely, you can create an Apple Pay poaching program where your customers make their charges on a bigco bank card, then you automatically pay those charges off and essentially transfer them to your customer''s checking account. So my final advice.

Debit Card 32

Debit Card Online and Mobile Banking Mobile Payments Issuers 32

PYMNTS

OCTOBER 24, 2019

The conversation took a philosophical turn toward the end when Bharghavan remarked that Apple Card has changed the conversation about the role of a “credit card” and credit card issuer in the decade to come. Is a card an enabler for commerce or for Apple?

FinTech 42

FinTech Credit Cards Online and Mobile Banking Card Issuer 42

PYMNTS

AUGUST 20, 2018

“The FBI has obtained unspecified reporting, indicating cybercriminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach and commonly referred to as an ‘unlimited operation,’” the letter read, according to the report.

FBI 40

FBI Zelle Credit Cards ATM 40

Fintech Labs Insights

AUGUST 17, 2015

If a bank, card issuer, or fintech startup cracks that barrier, they would surely be en route to fame and fortune (or at least a demo slot at Finovate ). A few track it because they are control freaks aficionados and they love the sense of order they get from processing each transaction.

Non-Bank 28

Non-Bank Card Issuer Debit Card Transactions 28

Fintech Labs Insights

OCTOBER 14, 2021

Emigrant Bank — Card issuer. Travel Bank — Travel rewards and bookings. FAB Score = 469 (#1 on our list of the top 15 charge/credit cards targeted to U.S. Integrations with QuickBooks, Xero and others. Billpay (including paying invoices via forwarding an email)*. Spend management software*. Partnerships.

FDIC 15

FDIC Card Issuer Non-Bank Credit Cards 15

CB Insights

DECEMBER 4, 2019

Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101