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Fast and Flexible, Not Furious: How Top Card Issuers Win the Race

Fintech News

The good old Need for Speed game is played in many industries, including card issuance. Card issuers need for speed exists on several levels, and we at OpenWay see this firsthand, since our Way4 card management software is used by top banks, processors and fintechs around the world.

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Sustainable payments: Innovating for our financial ecosystem

The Payments Association

Consumer behaviour has always been a massive force for change, and the payments industry is no exception. The trend towards sustainability and especially the movement of consumers towards a sustainable lifestyle is one that the payments industry has addressed—somewhat.

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Drive results, recover revenue with zero-touch fraud resolution

The Payments Association

Managing fraud cases has been a top challenge for card issuers, according to recent studies. Rising operations and outsourcing costs and burgeoning fraud recovery caseloads make it especially challenging for issuers to meet chargeback deadlines and avoid cardholder write-offs.

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Mastercard Rolls Out First-Party Trust in APAC and Beyond to Address Friendly Fraud

Fintech News

This type of fraud occurs when customers dispute legitimate transactions, resulting in chargebacks that are costly and time-consuming for businesses. Initially launched in the United States, the program aims to support both large and small businesses by enhancing data sharing between merchants and card issuers.

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Beyond the Card: Your Checklist for Future-Proof Card Issuing

Fintech News

The challenge for issuers is competing and coexisting in this fast-changing environment. Whether launching a proprietary product or integrating with third-party services, our 5-point checklist for card issuers makes sure you’re ready for whatever comes next. Successful card issuers need platforms built to evolve.

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ICBA Payments and Visa Renew Partnership Supporting Community Bank Payments

Fintech Finance

The partnership also plans to expand – providing streamlined access to Visa Direct, Visa’s real-time money movement platform, enabling community banks to deliver faster, more flexible payment experiences for consumers, small businesses and commercial clients. million in outstandings and 10 million cards issued. enablement at Visa.

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Mastercard Reinvents Checkout With Password and Number Free Payments

Fintech Finance

Fraud rates are seven times higher online than in stores1, as criminals exploit exposed card numbers, creating headaches for cardholders and huge losses for merchants and card issuers. These advancements provide significant benefits to the wider ecosystem, including banks, consumers, and businesses.

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