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How Mobile Card Services Turn Location Into Loyalty

PYMNTS

For financial institutions (FIs) and merchants, the opportunity is there to harness technology and mobile card services to drive sales up, drive fraud down and cement long-lasting relationships with consumers. A Proactive Mindset. Increased adoption could be spurred by a proactive mindset on the part of FIs, he said.

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America First Credit Union Builds Better Member Experiences with New Tech from Diebold Nixdorf

Fintech Finance

Chad Lynch, director, ATM Technology and Card Services at America First Credit Union, said: “By updating our legacy switch systems with these advanced solutions, we can quickly roll out new processes and stay flexible as member needs change. .”

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Retailers Up Their Loyalty and Rewards Games

PYMNTS

Meanwhile, mobile card service are working to turn location into loyalty opportunities. In an recent interview with Karen Webster, Vaduvur Bharghavan (VB), president and CEO of Ondot Systems , noted that his firm has seen at least some embrace of mobile card services. It was a similar experience for shareholder Boyu.

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DBS Introduces New “Mobile Wallets” Security Feature to Further Protect Customers From Phishing Frauds

Fintech Finance

In an effort to combat the rise of mobile wallet phishing, DBS Bank will launch a new “Mobile wallets” feature within DBS/POSB digibank app’s Payment Controls, preventing scammers from adding phished card details to their mobile wallets. million in losses from transactions made on scammers’ mobile wallets.