Fintech Finance

SEPTEMBER 26, 2024

Building on its legacy of innovation, Hilton has unveiled the world’s first hotel debit cards in the UK: Hilton Honors Debit Card and Hilton Honors Plus Debit Card, in partnership with travel debit card platform Currensea. Currensea users saved almost £1.5m

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Debit Card Innovation FinTech Transactions 98

Payments Dive

MARCH 22, 2024

Having already dominated e-commerce transactions, digital wallets are projected to overtake at least one traditional form of payment in stores, according a Thursday report by Worldpay.

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Debit Card Transactions Payments 174

Payments Dive

APRIL 24, 2024

The card network behemoth’s latest earnings report showed a contraction in card volume growth during the first three months of the year, and into April.

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Volume Debit Card 154

Payments Dive

MAY 14, 2024

The Federal Reserve Board said it has received some 2,500 comment letters regarding its Regulation II proposal to cut the fees that merchants are charged when they accept debit cards.

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Debit Card Federal Reserve Fed Regulations 97

Payments Dive

JUNE 13, 2024

Startup Fizz is marketing itself as a company helping college students build credit and manage daily spending.

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Debit Card 157

Fintech Finance

JUNE 18, 2024

Today, they are launching Scandinavia’s first debit card that allows you to earn EuroBonus points on daily purchases from trips to the supermarket, morning coffee, and summer experiences – without using credit. With the new debit card, Lunar’s users automatically earn EuroBonus points when the card is used.

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Debit Card Innovation Finance FinTech 97

Clearly Payments

OCTOBER 22, 2024

As a merchant, understanding how a PIN (Personal Identification Number) works with credit and debit card transactions is essential for running a secure and efficient payment process. This guide explains how a PIN functions in credit and debit card payments and its importance for merchants. What is a PIN?

Debit Card 93

Debit Card Credit Cards Point-of-Sale (POS) Encryption 93

Fintech Finance

AUGUST 15, 2024

People are now able to support UK innovations across health, climate change and tech by simply spending on their debit card, with the new Science Card account and Mastercard debit card.

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Debit Card Innovation Visa Research 98

Payments Next

OCTOBER 28, 2024

By Steve Tcherchian, CISSP, PCI-ISA As we near the holiday season, thieves are hard at work with new and clever tactics designed The post 4 Reasons Why You Should Ditch Your Debit Card This Holiday Season (and permanently) first appeared on Payments NEXT.

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Debit Card Posting Payments Credit Cards 88

Clearly Payments

AUGUST 24, 2024

Summary of Statistics in this Article In the United States, contactless payments accounted for 34% of all debit card transactions in 2023, a significant increase from 19% in 2020. According to Visa, tokenized transactions accounted for 85% of all mobile debit transactions in North America in 2023.

Debit Card 87

Debit Card P2P Cross-Border Central Bank 87

Fintech Finance

SEPTEMBER 4, 2024

Building on the recent launch of Union54’s ChitChat —a messaging app with an integrated payment wallet—this collaboration introduces a USD virtual Mastercard debit card to the platform. This partnership comes at a time of rapid growth in Zambia’s digital payments sector. million mobile connections representing 78.7%

Debit Card 98

Debit Card Visa Payment APIs and Integration Instant Payments 98

Payments Dive

JUNE 7, 2024

The state may become the first in the nation to outlaw the imposition of credit and debit card interchange fees on state excise tax and tips.

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Debit Card 193

Finextra

SEPTEMBER 24, 2024

The US Justice Department has sued Visa, accusing the payments giant of illegally monopolising debit network markets.

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Debit Card Debit Network Payments 119

Payments Dive

JANUARY 4, 2021

general manager at Paysend and has nearly 30 years of financial services experiences, most recently serving as president of Catalina Card Services. He founded and led AccountNow, the first online D2C prepaid debit card company in the U.S., Matt Montes is U.S. which was acquired by Green Dot Corporation.

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Cross-Border Payments Cross-Border Debit Card Card Services 203

Payments Dive

OCTOBER 4, 2022

In a 6-1 vote, the Federal Reserve finalized a debit card processing rule that underscores a requirement that multiple card networks be available for routing transactions, including online.

Rules 183

Rules Federal Reserve Fed Debit Card 183

Payments Dive

SEPTEMBER 24, 2024

The card network may soon be sued by the Department of Justice over its debit card practices, according to multiple news reports citing anonymous sources.

Debit Card 160

Debit Card 160

Payments Dive

OCTOBER 3, 2024

The Office of the Comptroller of the Currency blasted an Illinois law that prohibits credit and debit card interchange fees on tips and excise taxes.

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Office of the Comptroller of the Currency Laws OCC Debit Card 158

Payments Dive

OCTOBER 15, 2024

Research from payments software firm Stripe shows credit and debit card transactions using an advanced security tool are less likely to be approved.

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Authentication Debit Card Research Transactions 157

Payments Dive

JUNE 27, 2024

Spending by travelers and tourists is often done in cash or by debit card, even if most travelers would prefer to pay another way.

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Credit Cards Debit Card 156

Fintech Finance

OCTOBER 28, 2024

FV Bank, in partnership with Visa, has today announced at Money20/20 Las Vegas (October 27-30), the launch of FV Bank’s new debit cards and corporate expense cards. Businesses can order cards for authorized users, set individual spending limits, and track transactions in real-time through FV Bank’s platform.

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Debit Card Online and Mobile Banking ATM Card Issuer 145

Payments Dive

DECEMBER 13, 2024

The former worker issued dozens of cards linked to accounts opened by another TD employee in the names of shell companies, and received bribes for that work, the Justice Department alleged.

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Debit Card Accounts 78

Payments Dive

APRIL 28, 2023

The Justice Department’s antitrust division issued a civil investigative demand to the card company as part of a debit card probe that has also entangled its larger rival Visa.

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Debit Card Visa 167

Stax

DECEMBER 20, 2023

Debit card transactions generally have lower interchange fees compared to credit card transactions. This is because debit cards are linked directly to the customer’s bank account, and the risk of non-payment or default is lower. For a $100 transaction, a swiped Mastercard debit card will cost you around 27¢.

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Credit Cards Debit Card Processors Non-Bank 167

Payments Dive

AUGUST 10, 2023

The telecom carriers are incentivizing customers to use their debit cards or bank accounts, as opposed to credit cards, in automatic bill-pay programs.

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Credit Cards Debit Card Accounts 148

Fintech Finance

OCTOBER 30, 2024

By integrating with the Visa Direct network, Coinbase customers will be able to deposit funds into their Coinbase account in real-time1 using eligible Visa debit cards. “The integration with Visa Direct gives our eligible customers real-time1 access to their funds for trading. .”

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Debit Card Accounts Funds Availability Finance 94

Payments Dive

SEPTEMBER 18, 2024

Regulators should assume, as a default, that customers have not agreed to coverage and fees unless banks can provide signed agreements or recorded conversations, the agency said in a policy reminder.

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Debit Card CFPB ATM Agreements 78

The Payments Association

JUNE 28, 2024

New regulations will cap overdraft fees, drastically reducing them from around $30 to approximately $3, significantly impacting banks' revenue streams. Read more

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Card Issuer Debit Card Issuers Caps 88

Finextra

MAY 22, 2024

A team of ex-Revolut employees have released Zeal, a DeFi wallet and debit card combination that enables direct cryptocurrency spending on everyday items, eliminating the need for conversion to fiat currency.

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Debit Card Cryptocurrency 128

The Payments Association

SEPTEMBER 13, 2024

Paymentology, the leading global issuer processor, today announces a continuation of its partnership with Zambian fintech, Union54, a company dedicated to providing secure messaging and instant payment systems. Read more

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Debit Card Instant Payments Processors Issuers 88

Finextra

AUGUST 7, 2024

Users of Google's new kid-focused smartwatch will be able to connect a debit card from Greenlight Financial Technology for contactless payments.

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Debit Card Contactless Payments Technology Payments 111

Fintech Finance

AUGUST 7, 2024

Starting today, Greenlight’s debit card can be seamlessly added to the Google Fitbit Ace LTE so kids can learn to spend wisely and safely tap to pay on the go with their smartwatch. Greenlight’s award-winning debit card and banking app have helped more than 6.5 To learn more, visit: greenlight.com/fitbit-ace-lte.

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Debit Card Automation Finance FinTech 105

Fintech Finance

DECEMBER 12, 2024

Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1. Visa Direct enables real-time money movement to eligible debit cards. Visa , a global leader in digital payments, today announced that with Visa Direct, funds transferred to U.S.

Funds Availability 87

Funds Availability FPC Accounts Debit Card 87

Finextra

DECEMBER 13, 2023

The Payment Systems Regulator is propsing to cap cross-border interchange fees on credit and debit cards to protect UK businesses from rising costs.

Caps 119

Caps Cross-Border Debit Card Payments 119

Fintech News

MAY 14, 2024

With cards being the most popular payment method in the region, credit and debit cards are expected to generate the bulk of new sales over the 2023-2028 period. Credit cards are forecast to record a slightly stronger compound annual growth rate (CAGR) than electronic direct transactions.

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Digital Payments Debit Card APACS Credit Cards 107

Tearsheet

FEBRUARY 7, 2024

This indicates a shift away from physical debit card usage toward using debit cards through digital wallets. McKinsey predicts that more than two-thirds of Americans expect to have a digital wallet within two years, and many will likely hold multiple wallets.

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Debit Card Online and Mobile Banking Non-Bank Credit Cards 119

Payments Dive

SEPTEMBER 13, 2024

The bank began offering the payments option from Early Warning Services to its credit and debit cards customers this week.

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Debit Card Payments 103

Payments Dive

JULY 1, 2024

The Supreme Court ruled Monday that a case challenging a debit card interchange rate set by the Federal Reserve can proceed.

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Federal Reserve Debit Card Rules 103