Fintech News

FEBRUARY 2, 2025

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.

Card Issuer 107

Card Issuer Issuers Multi-Currency Online and Mobile Banking 107

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Approval Code A code provided by the payment processor to indicate that a transaction has been approved.

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Process Card Issuer Online and Mobile Banking Issuers 52

EBizCharge

AUGUST 22, 2024

What are credit card decline codes? Credit card decline codes are specific error messages issued by a card issuer or bank when a credit card transaction can’t be processed. Common reasons for declines include insufficient funds, an expired card, or surpassing a credit limit.

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Credit Cards Card Issuer Issuers Point-of-Sale (POS) 52

EBizCharge

MAY 15, 2024

Here are some fundamental terms to understand: Merchant account Payment gateway Payment processor Acquirer Issuer Merchant account A merchant account is a specialized bank account that allows businesses to accept customer payments through credit cards and other electronic payment methods.

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B2B Wire Transfer Payments Payment Gateways 52

CB Insights

FEBRUARY 13, 2020

Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions.

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Online and Mobile Banking Payment APIs and Integration Payments Push-to-Card 98

CB Insights

DECEMBER 4, 2019

Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. It’s likely that Amazon was too early to P2P payments.

Online and Mobile Banking 101

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

FICO

JUNE 21, 2021

Many credit card issuers were faced with making new operational decisions, adapting to new regulations, and providing a safe and engaging customer experience. Over-Limit Spending. Many issuers will approve delinquent transaction attempts, especially if the payment is only a few days late.

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Card Issuer Issuers Tax Refunds Credit Cards 52