Fintech Finance

JANUARY 20, 2025

In the regions surveyed, debit cards remain the top payment choice (42%), trending even higher in Mexico (63%) and Peru (56%) as well as in jurisdictions that ban iGaming credit card transactions like the U.S. Players desire for diverse payment preferences demonstrates the importance of operators maximizing payment options.

Security 98

Security Alternative Payment Methods Payments On-Demand 98

Clearly Payments

NOVEMBER 6, 2024

market’s total transaction volume in 2023 was over $10 trillion, encompassing credit and debit card transactions as well as Automated Clearing House (ACH) payments. Credit Card Transaction Volume : Credit card payments specifically accounted for around $5.6 trillion 2019 $4.0 Credit cards accounted for around $5.6

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. 6: With Person-To-Person Mobile Tech.

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

Clearly Payments

FEBRUARY 10, 2025

Card Networks Companies like Visa, Mastercard, and American Express ( credit card networks ) that set processing rules and fees. The Costs You Dont See One of the biggest surprises for small businesses is the actual cost of accepting credit and debit cards. per transaction. Here’s an overview of interchange fees.

Small Business 66

Small Business Process Address Verification System (AVS) Cross-Border 66

PYMNTS

JANUARY 1, 2019

Here’s a 2019 prediction that we guarantee will come true: There will be no human being or business adamantly hoping to be paid slower in 2019 than they were in 2018. We also guarantee that this prediction will hold, regardless of who one is talking about or the use case to which it pertains.

Instant Payments 79

Instant Payments PayPal Payments Economy 79

FICO

NOVEMBER 24, 2020

As many of us who have long been in the industry know, fraud remains a top challenge for debit cards. In 2019 issuers faced $4.2 billion in gross (attempted) debit card fraud and ultimately incurred losses of over $1 billion on debit and ATM transactions; the need for an effective solution to this problem has never been greater.

Debit Card 52

Debit Card Fraud Detection Issuers ATM 52

PYMNTS

NOVEMBER 2, 2020

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Ternio’s BlockCard Teams With P2P Bitcoin Marketplace Paxful for Crypto Debit Card.

Debit Card 59

Debit Card Fed Federal Reserve Financial Crimes 59

PYMNTS

JANUARY 2, 2020

50 crores (about $7 million) will have to offer customers electronic payment modes like debit cards, powered by RuPay, according to a report by LiveMint. . The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan.

Debit Card 52

Debit Card Finance Blockchain Non-Bank 52

PYMNTS

AUGUST 11, 2020

million) in 2019 — up from £32.9 While we still have some way to go, we are pleased with our progress in 2019,” Revolut Founder and CEO Nik Storonsky said in the CNBC report. “We Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad.

FinTech 95

FinTech Debit Card Accounts Consumer 95

PYMNTS

JANUARY 1, 2021

The consumers who shopped for anything from groceries to sporting goods to cars in December of 2019 are completely different from the ones who shop today. PYMNTS' study showed that 52 percent and 45 percent want to register their credit and debit cards with the apps they use to power their connected experiences, respectively.

Consumer 144

Consumer Debit Card Contactless Payments Research 144

PYMNTS

JULY 7, 2020

As a result, exchanges, and those who help them, will probably need to authenticate user identities and follow other digital asset procedures that FATF put forward in 2019. In other news, blockchain company Binance has acquired digital wallet and Visa debit card platform Swipe, according to an announcement.

Debit Card 65

Debit Card Stablecoins Regulations Blockchain 65

PYMNTS

NOVEMBER 12, 2020

Bloomberg noted that although the private-label credit card market has grown to $191 billion, Wells Fargo still lags behind major players such as Synchrony Financial, Citigroup and Capital One Financial. A recent Nilson report estimated Wells Fargo’s share of private-label card spending at 5.75 Debit card POS purchase volume hit $102.9

Credit Cards 114

Credit Cards Point-of-Sale (POS) Push-to-Card Debit Card 114

Finovate

DECEMBER 9, 2024

The Denmark-based company received its banking license in 2019 and offers personal checking accounts with debit cards, youth accounts, in-app PFM tools, an investing platform, and a BNPL tool that can be retroactively applied to purchases.

Payments 52

Payments Debit Card BNPL Innovation 52

Fintech Finance

NOVEMBER 12, 2024

Visa Direct is addressing this through partnerships with social media networks and marketplaces to help creators get payouts in real-time[2] to their eligible debit card. Pharrell founded YELLOW, a non-profit that evens the odds for youth through education in 2019. Visa helps make it easy to access the digital economy.

Small Business 98

Small Business Debit Card Financial Literacy Economy 98

PYMNTS

NOVEMBER 8, 2020

Amazon's Flex Rewards program lists incentives, including up to 6 percent cash back on fuel purchases; 2 percent cash back on Amazon.com and Whole Foods Market purchases; 1 percent cash back on purchases made with an Amazon Flex debit card; and the ability to reserve preferred time blocks for scheduling. billion packages that year.

Debit Card 120

Debit Card Blocks On-Demand 120

PYMNTS

JANUARY 30, 2020

This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Consumers also show continued interest in debit even as they adopt newer payment instruments, and a 2019 report found that 61 percent of mobile wallet users linked debit cards.

Security 73

Security Debit Card Fraud Detection Federal Trade Commission 73

NFCW

JANUARY 16, 2024

The Swiss central bank’s researchers based their analysis on anonymized, transaction-level data for a large sample of point-of-sale debit card payments made in Switzerland between 2019 and 2021. “In Switzerland – the country we study – the tap-and-go limit was doubled from CHF40 to CHF80 in April 2020.

Contactless Payments 122

Contactless Payments Research Consumer Central Bank 122

PYMNTS

OCTOBER 14, 2020

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.

Consumer 73

Consumer Debit Card Debit Network Identity Theft 73

Fintech News

MARCH 6, 2024

Minna Bank provides various services such as current and savings accounts, cash withdrawals and deposits via smartphone, a virtual debit card and account-to-account transfer. It also offers various financial services such as debit cards, investment trusts, FX, and neo-bank services.

Online and Mobile Banking 135

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 135

PYMNTS

JANUARY 24, 2021

In 2019, criminal activity constituted 2.1 LVL, an upstart bitcoin exchange, has rolled out its own Mastercard debit card which it's taking pre-orders for, a report from CoinDesk says. The card represents some of LVL's goals to bring traditional banking services together with crypto for regular consumers.

Crime 93

Crime Bitcoin Multi-Currency Debit Card 93

PYMNTS

MAY 13, 2019

The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among more consumers. During Q1 2019, Zelle sent $39 billion through its network via 147 million transactions, the company said in a news release. P2P Marketing. P2P Impacts.

P2P 79

P2P Zelle Venmo Debit Card 79

PYMNTS

SEPTEMBER 18, 2020

Chime, which CEO Chris Britt co-founded in 2013, provides clients mobile banking accounts without charges, debit cards and automated teller machine (ATM) access. Chime primarily makes money as clients use their cards in comparison to typical financial institutions that make money on fines and debt. “If

Mobile Banking 105

Mobile Banking Debit Card Non-Bank ATM 105

PYMNTS

APRIL 27, 2020

Credit union service organization (CUSO) PSCU compared the week ending April 19, 2020, to the same time frame in 2019 to discover what impact the coronavirus is having on consumer spending and shopping trends. People spent more money on consumer goods, with a 20 percent increase in debit card transactions. percent, PSCU noted.

Debit Card 60

Debit Card Credit Union Credit Union Service Organization Credit Cards 60

PYMNTS

JANUARY 22, 2021

Global payments firm MoneyGram is advancing its Visa debit card deposit service across Europe in a partnership with Checkout.com and continued collaboration with Visa’s real-time push payments platform Visa Direct. In 2019, MoneyGram was the first company in the industry to enable cross-border transfers from the U.S.

P2P 107

P2P Cross-Border Real Time Payments Cross-Border Payments 107

The Fintech Times

NOVEMBER 12, 2024

Appointments Sibstar, the UK debit card and app for people living with dementia, has appointed GoHenry co-founder and CEO, Louise Hill, as a non-executive director. Most recently Neil was a trader at Triland Metals and he rejoins Britannia having been at the firm between 2019 and 2023 as a base metals sales trader.

FinTech 64

FinTech Point-of-Sale (POS) Non-Bank Embedded Finance 64

PYMNTS

FEBRUARY 22, 2019

That potential arrangement stems from a class action suit that contended that that “Visa and Mastercard, separately, and together with certain banks, violated antitrust laws and caused merchants to pay excessive fees for accepting Visa and Mastercard credit and debit cards” per the notice. 1, 2004 and Jan.

Settlement 87

Settlement Visa Debit Card NOV 87

PYMNTS

APRIL 4, 2019

In a press release on Thursday (April 4), Bento announced its collaboration with Visa to integrate Visa’s business debit card into the Bento for Business platform. Small and medium-sized business spend management firm Bento for Business is teaming up with Visa to enhance cash flow management for SMB customers.

Small Business 72

Small Business Debit Card On-Demand API 72

Fintech Finance

APRIL 8, 2025

Significantly, the certified SmartVista platform, accredited by VISA, Mastercard, JCB, Diners, and the NBC CSS network, has enabled ACLEDA to issue and acquire an extensive range of international and domestic cards.

PCI DSS 94

PCI DSS ATM Debit Card Accreditation 94

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act. The Face of Fraud.

Issuers 109

Issuers Card Issuer Point-of-Sale (POS) Debit Transaction 109

PYMNTS

JUNE 25, 2020

Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour in 2019 for a total annual cost of $1.45 million such attacks aimed at APIs between December 2017 and November 2019. trillion in stolen funds.

Financial Crimes 91

Financial Crimes MFA Federal Trade Commission Crime 91

Fintech News

DECEMBER 19, 2023

This collaboration integrates Worldpay’s Visa and Mastercard payment systems into Alchemy Pay ‘s platform, aiming to streamline the process of buying and selling cryptocurrencies using credit and debit cards.

Credit Cards 107

Credit Cards Web 3.0 NFTs Payment Gateways 107

Fintech News

MARCH 5, 2024

This deal expands upon previous collaborations between the two financial services giants in 2019 and 2022, which made it possible for customers in the U.S. The companies also plan to issue Western Union/Visa Debit Cards across North America, Asia Pacific, Latin America, and Europe.

Cross-Border 107

Cross-Border Cross-Border Payments Debit Card Risk Management 107

Stax

JULY 9, 2024

In 2019, 77% of US consumers were using at least one type of digital payment system. Between 2019 and 2020, there was an 8% rise in the number of consumers increasing their payment options to two or more types of digital payments. By the end of 2020, that rose to 78%. NFC-enabled POS devices can be explored here.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

DECEMBER 10, 2020

helps to process payments, merchant services and other solutions such as prepaid debit cards and payroll cards. Ransomware attacks jumped 39 percent in 2019, with losses rising 46 percent, according to sources. -based TSYS, the third-largest third-party payment processor for financial institutions in the U.S.,

Ransomware 90

Ransomware Posting Debit Card Cybersecurity 90

PYMNTS

NOVEMBER 30, 2020

Moreover, the data demonstrated that online shoppers’ payment habits have shifted some as well with a more diverse array of payment methods leveraged to make their Black Friday purchases in 2020 than in 2019. Debit cards surpassed credit cards as the most common method in-store shoppers used to pay for their Black Friday purchases, with 48.6

Debit Card 92

Debit Card Credit Cards PayPal Consumer 92

PYMNTS

FEBRUARY 19, 2020

This membership will enable us to offer more features for Coinbase Card customers, from additional services to support in more markets – all elements that will help to evolve and enrich the cryptocurrency payment experience,” the post said. Coinbase has been working with Visa since 2019, when it launched its Coinbase Card in the U.K.

Cryptocurrency 83

Cryptocurrency Debit Card Bitcoin Posting 83

PYMNTS

APRIL 13, 2020

As the coronavirus pandemic continues to disrupt personal finances, a study by credit union service organization (CUSO) PSCU shows that overall credit card spending is down 29 percent for the week ending April 5, compared to the same period in 2019. Debit card spending is down 12 percent for the same period.

Credit Union Service Organization 56

Credit Union Service Organization Debit Card Credit Union Credit Cards 56