Remove ATM Remove Debit Transaction Remove Online and Mobile Banking
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US Debit Card Usage Soars as Consumers Embrace Convenient Payments

The Fintech Times

Commissioned by Discover® Financial Services’ PULSE debit network and conducted by Banking & Payments Group , the study gauged insights from large banks, credit unions and community banks. On average, active debit cardholders completed 34.6 transactions per month, including 30.7 ATM transactions.

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Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud

PYMNTS

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. This compares to just 17 percent of cardholders who experienced debit-related fraud as recently as 2018. The report noted that U.S.

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How To Make Online Sports Gaming A Sure Bet For Payments, State Governments

PYMNTS

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Several other states have online gambling legislation in the works. The Technology Component.

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What is an EFT Payment? Everything to Know About This Method of Payment

Stax

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. This can include peer-to-peer payments, and business-to-business (B2B) or business-to-customer (B2C) transactions. There are several EFT payment types that we’ll discuss in this post.

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Deep Dive: Why FIs, Businesses Must Readjust Their Debit Fraud Protection Strategies In 2021

PYMNTS

Merchants, card issuers and banks are no strangers to facing off against evolving fraud threats. Debit-related fraud is a particular concern for businesses and banks as failing to thwart such schemes could have significant and costly consequences. Debit And The Fraud Catch .

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Deep Dive: Assessing And Tackling Debit Card Fraud

PYMNTS

Cybercriminals have more opportunities than ever to swipe debit card numbers and PINs from online consumers, and false websites, large-scale data breaches and skimming tools can compromise account information. How Banks Are Responding To Fraud Concerns. Consumers — especially those in the U.S. —

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FICO’s Take On Debit Security

PYMNTS

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.