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The Three Things Every Digital-Card App Needs

PYMNTS

Morgan Chase, Bank of America, etc. — and the digital challenger banks. By contrast, he said he believes community banks run the risk of being left behind unless they partner quickly and wisely with the right technologists and raise their digital game.

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Merchant Processing Explained: What Happens Behind the Swipe?

Evolve Payment

Merchant processing is how your business handles card transactions. More specifically, the OCC labels a merchant processing activity as: “the settlement of credit and debit card payment transactions by banks for merchants through various card associations.” What is merchant processing?

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Yahoo Fizzles With History’s Biggest Data Breach

PYMNTS

Functioning properly, contract workers can be paid “within minutes” directly to a Visa or Mastercard debit card. The upgrade is made possible by two separate deals with Visa and MasterCard that will see Stripe add both Visa Direct and MasterCard Send to its marketplaces so that users can get paid faster to their debit cards.