PYMNTS

JUNE 27, 2019

This offering is the latest set of APIs made available to issuers and FinTech firms via the Visa Next “digital-first” platform offering. The goal is to create a consistent and ubiquitous user experience across the channels they shop by leveraging the credit and debit relationships already in place with their banks.

Issuers 75

Issuers API Ubiquitous Credential 75

PYMNTS

NOVEMBER 12, 2020

Safety-minded consumers the world over can now be seen tapping contactless cards, scanning QR codes or utilizing voice ordering technologies to make purchases without potentially putting themselves or others at risk of contracting the virus. The Beyond The Card: Toward The Cardless And Contactless Future report, a PYMNTS and i2c Inc.

Innovation 120

Innovation Contactless Payments FinTech Push-to-Card 120

PYMNTS

OCTOBER 13, 2017

Payments provider Elan Financial Services announced that along with Ondot Systems , the leading provider of mobile-based card services, they have enhanced the My Mobile Money app so that it now offers two-way fraud alerts for Elan processed debit cards.

Debit Card 47

Debit Card Push-to-Card Fraud Prevention ATM 47

Fintech Finance

AUGUST 28, 2024

To enhance its conventional and Islamic banking applications with digital payment capabilities, BankDhofar has implemented the Entrust Digital Card Solution for Tap to Pay services and tokenization enablement – making BankDhofar one of the first banks in Oman to enable Tap to Pay services to its customers.

Push-to-Card 97

Push-to-Card Payments Debit Card Contactless Payments 97

PYMNTS

FEBRUARY 6, 2019

However, ultimately, what pushed him into entrepreneurship once and for all was the same thing that starts so many businesses: real-life friction. Furthermore, the increasing digitization of financial services worldwide meant that the time was right to start offering those solutions.

Issuers 75

Issuers P2P Cross-Border Push-to-Card 75

Finextra

JUNE 23, 2025

Under the Act, only approved and well-supervised issuers (think insured banks and properly licensed fintech firms) can circulate these coins, and they must back every token 1:1 with high-quality reserves like actual dollars or short-term Treasuries. This means the “stable” in stablecoin is now legally enforceable.

Embedded Finance 52

Embedded Finance Stablecoins Finance Payment APIs and Integration 52

PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

Online and Mobile Banking 113

Online and Mobile Banking Push-to-Card Point-of-Sale (POS) Debit Card 113

Stax

DECEMBER 6, 2023

In an era defined by digital transactions and cashless payments, the process of paying for goods and services is more convenient, and increasingly reliant on credit card transactions. However, as the popularity of credit cards and digital wallet payments continues to surge, the costs associated with accepting them also do.

Consumer 88

Consumer Credit Cards Alternative Payment Methods Debit Card 88

Stax

JANUARY 31, 2024

If your company accepts credit card payments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. cards currently in use. So it’s virtually impossible for a business to not accept Visa cards. TL;DR Interchange rates are the fees charged by credit card networks.

Credit Cards 88

Credit Cards Push-to-Card Processors Debit Card 88

PYMNTS

OCTOBER 24, 2018

Fewer consumers use physical currency when making purchases, and are instead turning to more modern, digital methods of payment, particularly when making purchases online with debit cards. This pushed Bonkowski and his team to explore digital authentication solutions to protect its global user base. and around the globe.

Authentication 66

Authentication Push-to-Card AML Debit Card 66

PYMNTS

JULY 16, 2018

Employers are increasingly moving away from depositing paychecks into employees’ bank accounts, offering instead to add them to payroll cards. Payroll cards work like debit cards, allowing employees to purchase goods and services or make cash withdrawals from ATMs. These cards offer myriad advantages to both parties, too.

Payroll 42

Payroll Card Issuer Debit Card Push-to-Card 42

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? Credit card surcharging can help offset these expenses, but it can be tricky. TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. No surprise there.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

PYMNTS

MAY 6, 2020

She pointed to years past, and the embrace of debit cards, as prologue. As Webster noted, consumers like their cards. There’s been a progression away from cash and toward cards, especially for low-dollar transactions in settings such as quick-service restaurants ( QSRs ).

Consumer 87

Consumer Contactless Payments Push-to-Card Returns 87

PYMNTS

JANUARY 8, 2019

There’s more to consumer life than purchase history — and more to card acquisition, too. Consumers want engagement and experiences, and issuers that can provide that can not only gain new customers, but keep tighter and more profitable holds on their cardholders. That is not going to change overnight. Cigar Experience.

Credit Union 56

Credit Union Issuers Online and Mobile Banking Push-to-Card 56

PYMNTS

JULY 7, 2020

Using credit cards (aka spending the bank’s money instead of your own) seemed so cool — until it suddenly wasn’t nearly as cool anymore. It’s unheard of and makes dependable debit the belle of the ball once again as people consider the upcoming winter. This trend is significant — one financial services company expects U.S.

Credit Cards 54

Credit Cards Debit Card Push-to-Card Card Issuer 54

PYMNTS

MARCH 12, 2020

And according to Jennifer Schroeder, executive vice president of product management at PULSE, prepaid and payroll cards are proving increasingly popular among forward-thinking employers. Debit also maintains advantages over checks and other payment options — especially in eCommerce — due to enhanced, improving and tech-driven security.

Payroll 61

Payroll Issuers Push-to-Card Debit Transaction 61

Stax

NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Most modern card readers and payment terminals are NFC-equipped.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

CB Insights

DECEMBER 4, 2019

While the anticipation for Amazon’s plunge into banking gets louder each year, it’s important to first understand Amazon’s existing strategy in financial services — what Amazon has launched and built, where the company is investing, and what recent products tell us about Amazon’s future ambitions. Amazon Payments.

Online and Mobile Banking 101

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

FICO

OCTOBER 16, 2020

This means that for online purchases we’re more likely to see authentication requests, and to meet the requirements this authentication must come from two different categories from the below: For card transactions, the onus to manage this authentication doesn’t lie with the merchant, the merchant acquirer or the card scheme.

Authentication 52

Authentication Online and Mobile Banking Card Issuer Issuers 52

PYMNTS

JULY 6, 2020

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . These safety and convenience considerations are pushing more consumers to use — and more merchants to enable — contactless and CNP payments. percent of U.S.

Transactions 52

Transactions Card Issuer Push-to-Card Contactless Payments 52

PYMNTS

JANUARY 3, 2020

According to a study by Aite Group , most student loan tuition payments are made via electronic check (ACH), followed by debit cards, which are favored by millennials and Gen Yers everywhere. In Q3 2019, credit card issuer JCB International Co., The writing is on the whiteboard: School’s out for paper payments.

Faster Payments 52

Faster Payments Payment APIs and Integration Payments Push-to-Card 52

FICO

JANUARY 22, 2021

But despite the COVID pandemic having effected massive changes in the ways consumers transact, credit card fraud is still a “thing,” and a big, ever-changing thing at that. Exactly how big credit card fraud is depends on where you look. Credit card fraud was the FTC’s second most-reported fraud type in 2019.

Credit Cards 52

Credit Cards FTC Push-to-Card Federal Trade Commission 52

PYMNTS

NOVEMBER 1, 2017

billion Mastercard and Maestro-branded cards worldwide. Security, Partnerships And Pushing For A More Digital World. He also noted the firm’s recent push to forge partnerships, particularly with PayPal , which has seen the implementation of Masterpass through Braintree to “broaden our digital acceptance footprint.” As of Sept.

Visa 49

Visa Push-to-Card Same Day ACH Volume 49

PYMNTS

APRIL 20, 2017

Can push payments make the push into full acceptance by consumers and corporates? In envisioning just what the concept of “push” payments means, Edwards said one need only think about how pull payments work. If there is an exchange of an item or a return, the data flow is simply reversed, and money goes back onto that card.

Push-to-Card 42

Push-to-Card Ubiquitous Checks Payments 42

PYMNTS

DECEMBER 20, 2016

Mastercard is looking to take a larger share of the B2B payments space in Australia by pushing for companies to pay their suppliers with its products. To do so, the credit card firm announced Monday (Dec. 19) that it will be working with supply chain finance company Octet Finance.

Visa 41

Visa B2B Commercial Card Cross-Border Payments 41

FICO

FEBRUARY 12, 2018

For all the talk in the UK about disruptors and fintechs and new entrants to the credit market, and about how banks and card issuers need to manage customers in arrears, there’s one group that seems strangely absent from this focus: retailers. It is estimated over £200 billion of UK household debt is in unsecured retail credit.

Push-to-Card 63

Push-to-Card Card Issuer Debit Card Compliance 63

FICO

OCTOBER 10, 2018

In August, the UK’s Financial Ombudsman joined the debate on authorised push payment fraud. The pressure for banks to tackle push payment fraud is mounting – and even if liability isn’t transferred wholesale to the banks, the scope for bad publicity and loss of reputation is significant. Banks are not powerless to tackle the issue.

Push-to-Card 56

Push-to-Card Payments Authentication Crime 56

PYMNTS

JUNE 21, 2017

For example, in the retail world issuers and merchants run into a brick wall when trying to enable acceptance of a new form of currency — like loyalty points — at the physical point of sale. Payments are often described like the Tower of Babel, with disparate platforms trying to talk to each other without speaking the same language.

Interoperability 65

Interoperability Push-to-Card Reconciliation Transactions 65

PYMNTS

NOVEMBER 1, 2017

billion Mastercard and Maestro-branded cards worldwide. Security, Partnerships And Pushing For A More Digital World. He also noted the firm’s recent push to forge partnerships, particularly with PayPal , which has seen the implementation of Masterpass through Braintree to “broaden our digital acceptance footprint.” As of Sept.

Push-to-Card 45

Push-to-Card Visa Same Day ACH Volume 45

PYMNTS

FEBRUARY 18, 2020

That’s in part due to the “fraud shift” that has occurred over the last 12 to 18 months, marked by a higher incidence of card-not-present fraud, contended Kraus. In the battle against fraudsters, financial institutions (FIs) must start at the beginning – literally. There are new data privacy concerns, too.”. Fraud’s Shifting Landscape.

Fraud Prevention 66

Fraud Prevention Account Takeovers Online and Mobile Banking P2P 66

PYMNTS

MARCH 29, 2016

Samsung Pay will enable any China UnionPay cards to be uploaded and managed on the app. Samsung Pay currently supports select credit and debit cards from nine banks, including China CITIC Bank, China Construction Bank, China Everbright Bank, China Guangfa Bank, China Minsheng Banking Corp.

Debit Card 41

Debit Card Mobile Payments Push-to-Card Bank Card 41

PYMNTS

APRIL 26, 2018

Spending via cards – debit and credit – inside and outside the United States buoyed Visa Inc. Double-digit gains marked spending across border corridors and across card types – and management, perhaps unsurprisingly, pointed to strength in consumer spending, especially in the United States. Total cards stood at 3.3

Cross-Border 40

Cross-Border Volume Push-to-Card Debit Card 40

FICO

OCTOBER 16, 2020

This means that for online purchases we’re more likely to see authentication requests, and to meet the requirements this authentication must come from two different categories from the below: For card transactions, the onus to manage this authentication doesn’t lie with the merchant, the merchant acquirer or the card scheme.

Authentication 40

Authentication Online and Mobile Banking Card Issuer Issuers 40

Cardfellow

FEBRUARY 27, 2025

In fact, there are two areas where it can excel: debit routing and fraud prevention. In this article, well look at the first one – how AI can help save your business money through debit card interchange optimization. Thats where debit routing comes in. But which network? But which network?

Debit Transaction 40

Debit Transaction AI Transactions Debit Network 40

PYMNTS

DECEMBER 19, 2016

Not surprisingly, hardest hit are the kids born to middle and lower middle-income families — so, roughly 70 percent of the U.S. population. Stop and think about that for a minute. No one’s worried whether those 30-somethings will be able to put food on their table or make the mortgage payment. Which may end up not being all that powerful.

FinTech 88

FinTech Credit Cards Push-to-Card Economy 88

FICO

SEPTEMBER 5, 2022

European Card Fraud in 2021: Winners, Losers and Scams. The United Kingdom and the Nordic region continue to lead Europe in terms of digital transformation and fraud loss reduction - but non-card scams are rising fast. Only four countries of the 18 we studied improved their card fraud performance in 2021. Darcy Sullivan.

Scams 52

Scams Financial Crimes Credit Cards Push-to-Card 52

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their bag of bad tricks online.

Law Enforcement 43

Law Enforcement Laws Visa Push-to-Card 43