Remove Consumer Remove Debit Network Remove Debit Transaction
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Adyen’s Intelligent Payment Routing Achieves 26% Cost Savings and Improves Payment Performance on US Debit Transactions

Fintech Finance

At a time when organizations are increasingly exploring fiscal efficiencies, Adyen’s Intelligent Payment Routing ensures that enterprise businesses processing US debit transactions do not need to choose between cost, acceptance, or speed. Additionally, consumers are increasingly leveraging debit.

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Justice Department Accuses Visa of Hindering Innovation by Monopolising Debit Network Markets

The Fintech Times

Visa has been accused of maintaining a monopoly over debit network markets in violation of Sections 1 and 2 of the Sherman Act. In 2020, the Justice Department filed a civil antitrust lawsuit to stop Visa from acquiring Plaid , a technology company that powers fintech apps developing disruptive options for online debit payments.

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Consumers Embrace Debit Amid Ongoing Uncertainty

PYMNTS

When the chips are down, consumers love and trust their debit cards. Among clear COVID-era trends is the embrace of debit for managing and mastering new realities. Debit cards remain the payment method of choice among U.S. Debit cards remain the payment method of choice among U.S. Touchless Debit, Meet Cybercrooks.

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US Debit Card Usage Soars as Consumers Embrace Convenient Payments

The Fintech Times

US consumers are increasingly turning to debit cards for their everyday transactions, driving a significant surge in the number of transactions and overall spending. On average, active debit cardholders completed 34.6 transactions per month, including 30.7 ATM transactions.

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AI for Debit Routing: Saving on Debit Transactions

Cardfellow

In this article, well look at the first one – how AI can help save your business money through debit card interchange optimization. Debit Routing Background The Durbin Amendment and PIN Debit Routing Choosing Debit Networks AI for Debit Routing Which processors offer AI debit routing optimization?

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PULSE Taps FICO For Fraud Detection Across Its Debit Network

PYMNTS

FICO said the platform detects potential fraud while remaining invisible to the consumer during legitimate transactions. In its 2019 Debit Issuer Study , PULSE said debit transactions have seen an accelerating growth rate, from 5.3 billion transactions. Among the features is real-time scoring.

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FICO’s Take On Debit Security

PYMNTS

Widely publicized data breaches and hacks have made today’s consumers especially concerned about fraud. Cautious shoppers may find comfort in debit, with fraud losses associated with the payment method declining over the past several years. Card issuers, networks and retailers all must play a part in defending against such breaches.