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AI for Debit Routing: Saving on Debit Transactions

Cardfellow

Signature Debit Costs Maximizing Your Savings with AI Debit Routing One Caveat to Debit Routing Savings Debit Routing Background In order to cover the possible benefits of AI for debit routing, its important to have a solid understanding of what debit routing is and how it happens now.

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FTC Probing Visa, Mastercard About Debit Card Practices

PYMNTS

antitrust regulators are investigating Visa and Mastercard about their debit card policies, Bloomberg reported on Thursday (Nov. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg.

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PULSE: Why Debit And Payroll Cards Are An Employer’s Strategic Advantage

PYMNTS

The conversation took place against a backdrop where, as reported in the Next-Gen Debit Tracker , non-cash payments have been rising 6 percent a year, and where payroll cards and debit transactions are gaining ground. Debit really is — and always has been — about faster payments,” Schroeder told PYMNTS.

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Why Mexico’s SMBs Need A FinTech Operating System And Not Another Bank

PYMNTS

Widening Debit’s Acceptance. And there’s a niche for Oyster to fill, with some low-hanging fruit in debit transactions. Simply put, according to Poovala, banks do not view debit cards as part of their core suite of offerings. The separate card, he said, fosters an atmosphere of trust and safety.

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PULSE Taps FICO For Fraud Detection Across Its Debit Network

PYMNTS

PULSE , the debit/ATM network that operates as a Discover Financial Services company, said in a press release that it has adopted the FICO Falcon Platform to bring new fraud detection services to its network of more than 4,100 debit issuers. The platform also helps allow — or restrict — transactions for individual or multiple accounts.

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How To Make Online Sports Gaming A Sure Bet For Payments, State Governments

PYMNTS

Cash was king — until credit, debit and check-cashing became a significant part of the equation.”. Connors added that, through the years, ATMs took root in brick-and-mortar casinos , as sponsoring banks and issuers embraced debit transactions. Check-cashing also found a place, and ticket-redemption machines proliferated as well.

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Walmart’s Early Pay Sizzles While Munchee’s ICO Bites The Dust

PYMNTS

We take a page from earlier discussions in the Ingo series, where debit transactions are sent, irreversibly, over rails already in place. ICOs: The SEC blocks the ICO for restaurant app Munchee, where the $15 million offering has now bitten the dust. So why a sizzle? ATM hacks: Hackers have targeted Russian and U.S.