Payments Source

MAY 12, 2016

While Walmart's lawsuit against Visa this week centers on authorization and routing methods, the Debit Network Alliance LLC — a group of independent debit networks — is also taking issue with EMV routing in addressing how terminal software is handling the choices presented to consumers.

Debit Network 71

Debit Network EMV Authorization Addressing 71

Finextra

SEPTEMBER 24, 2024

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

Debit Card 119

Debit Card Debit Network Payments 119

Payments Source

APRIL 14, 2019

As major payments M&A deals mount, some free agents are awaiting deals of their own — and one area where that’s most apparent is in debit and ATM networks.

Debit Network 116

Debit Network ATM Payments Debit Card 116

The Paypers

NOVEMBER 4, 2021

GoCardless and Wise have joined forces to create Australia and New Zealand’s first multi-currency direct debit network.

Multi-Currency 34

Multi-Currency Debit Network 34

Payments Source

NOVEMBER 14, 2017

Australia has a high ratio of consumers using contactless payment cards, while mobile payment adoption has lagged because of some large banks’ aversion to supporting Apple Pay and slower uptake in the region for Android Pay.

Debit Network 62

Debit Network Contactless Payments Mobile Payments Consumer 62

Payments Source

APRIL 26, 2017

The payments processing and technology giant should add more merchant services and marketing to its Star network to overcome competitive and regulatory pressure, writes Eric Grover, a principal at Intrepid Ventures.

Debit Network 60

Debit Network Process Technology Payments 60

Payments Source

NOVEMBER 10, 2020

The Interac debit network is expanding online and in-store options for Walmart customers throughout Canada, looking to have new technology in place by spring of 2021.

Debit Network 143

Debit Network Technology Debit Card Mobile Payments 143

Finextra

JULY 24, 2024

Morgan Payments, a part of leading global financial services firm JPMorganChase has joined debit network EFTPOS as a Member and will become the latest Participant to join Australia’s domestic real-time payments network, New Payments Platform Australia (NPP). Australian Payments Plus (AP+) today announced J.P.

Debit Network 52

Debit Network Real Time Payments Payments Payment Networks 52

PYMNTS

NOVEMBER 12, 2019

PULSE , the debit/ATM network that operates as a Discover Financial Services company, said in a press release that it has adopted the FICO Falcon Platform to bring new fraud detection services to its network of more than 4,100 debit issuers.

Fraud Detection 40

Fraud Detection Debit Network Issuers Risk Mitigation 40

Payments Source

NOVEMBER 13, 2019

antitrust regulators over policies that can prohibit merchants from routing card transactions over alternative debit networks. Visa and Mastercard are once again in the crosshairs of U.S.

Debit Card 80

Debit Card Visa FTC Transactions 80

Payments Source

MARCH 16, 2020

Hungary’s domestic debit network GIRO has launched instant payments through Nets’ RealTime24/7 platform after months of testing.

Real Time Payments 75

Real Time Payments Debit Network Instant Payments Payments 75

Payments Source

APRIL 30, 2018

The growth and popularity of debit payments has been driving monumental change in the U.S. and Domestic Debit Networks have been at the forefront of this wave of innovation, adapting their products and services to meet these changing market needs, writes Paul Tomasofsky, executive director of the Debit Network Alliance.

Debit Network 67

Debit Network Innovation Product Payments 67

Payments Source

JUNE 10, 2018

Beem It, a startup owned by three of Australia’s largest banks, has launched a free real-time social payments app designed to run on older debit networks instead of the country's new faster payments platform.

Debit Network 81

Debit Network Faster Payments Payments Real Time Payments 81

Payments Source

JUNE 13, 2019

Today: Coinbase extends debit network; Uber plots drone delivery; Alipay targets football event; Ripple beefts up in Brazil; U.K. The information you need to start your day, from PaymentsSource and around the Web. regulators end probe into PayPal's iZettle deal.

Debit Network 68

Debit Network PayPal Regulations 68

Payments Source

MARCH 27, 2018

Domestic debit networks' duel-message transaction options have the ability to disrupt the customer experience, add complexity to back offices operations, and impact issuers’ contractual obligations to their global networks, writes Patrick Goodwin, president of SRM.

Issuers 67

Issuers Debit Network Transactions Debit Card 67

The Fintech Times

AUGUST 12, 2024

The 2024 PULSE Debit Issuer Study reveals that in 2023, the total number of debit cards, transactions and annual spending per active card all saw substantial increases. On average, active debit cardholders completed 34.6 transactions per month, including 30.7 ATM transactions.

Debit Card 64

Debit Card Consumer Debit Transaction Point-of-Sale (POS) 64

Payments Source

JUNE 6, 2017

Android Pay achieved a broad and rather sudden rollout in Canada this week when the nation’s domestic debit network, Interac, announced its support for the mobile payment service days after Google officially launched Android Pay there.

Debit Network 60

Debit Network Mobile Payments Payments Debit Card 60

Fintech Finance

SEPTEMBER 9, 2024

Network Agnostic : Adyen is able to route transactions across the least expensive debit network at the highest rate of approval, focused on performance uplift and cost reduction. Enables Speed : Businesses no longer need to compromise — including on speed as the feature does not impact processing speed.

Debit Transaction 91

Debit Transaction Transactions Debit Card Payments 91

PYMNTS

OCTOBER 14, 2020

“Debit cards remain the payment method of choice among U.S. consumers, regardless of whether they are shopping online or in stores, according to recent reports,” notes PYMNTS October Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company. Numbers tell the tale. billion in value in Q2 2020, up from the $47.4

Consumer 73

Consumer Debit Card Debit Network Identity Theft 73

PYMNTS

APRIL 2, 2020

The March 2020 PYMNTS Next-Gen Debit Tracker ®, a PULSE collaboration, provides an in-depth examination of debit’s changing role in both banking and retail, with a deep dive especially for merchants who want to control their routing spend. The Finer Points of Routing. percent of the transaction value, for example.

Debit Network 52

Debit Network Debit Card Transactions Non-Bank 52

Payment Savvy

JULY 3, 2024

Since PIN debit transactions are processed directly through debit networks (Interlink or Maestro, for example), they generally incur lower fees compared to signature debit transactions.

Debit Card 52

Debit Card Process Debit Transaction Processors 52

PYMNTS

FEBRUARY 18, 2019

The funding will go to drive organic growth around the globe, build new teams in offices in EMEA, APAC and North America and provide access to businesses around the world with one unified global bank debit network for accepting subscriptions, installment and invoice payments.

Debit Network 58

Debit Network APACS Cross-Border Payments Cross-Border 58

The Paypers

JULY 24, 2020

BHMI has announced that PULSE , the nation’s debit network, is now using Concourse – Extended Settlement for its principle settlement of transactions.

Transactions 28

Transactions Volume Debit Network Settlement 28

PYMNTS

JANUARY 11, 2021

He added that Cardtronics’ debit network complements NCR’s payments platform and the combined new entity will offer a comprehensive connection of retail and bank customers “while capitalizing on the banking industry’s transition toward infrastructure outsourcing.”. 11) press release. .

ATM 69

ATM Debit Network Acquirers Security 69

The Paypers

JUNE 13, 2016

(The Paypers) BankAxept , a Norwegian domestic debit network, has teamed up Interac , a Canadian debit network, to deploy NFC mobile solutions in Norway.

Debit Network 37

Debit Network 37

PYMNTS

OCTOBER 19, 2017

announced news of a partnership with domestic Australian debit network eftpos. The collaboration will allow eftpos to support Apple Pay through its issued debit cards. On Tuesday (Oct. 17), Rambus, Inc.

Debit Card 46

Debit Card Debit Network Payer EMV 46

The Paypers

OCTOBER 19, 2017

(The Paypers) Rambus has partnered with eftpos, the Australian domestic debit network, to help support secure transactions with Apple Pay for users in Australia.

Transactions 28

Transactions Debit Network Security 28

The Paypers

JANUARY 6, 2017

(The Paypers) Caribbean Integrated Financial Services (CarIFS), Barbados’ national debit network, has chosen Fiserv for full EMV-compliant and PCI-certified payment transaction platform.

Debit Network 28

Debit Network EMV Process Security 28

The Paypers

MARCH 24, 2016

(The Paypers) UK-based direct debit network GoCardless has raised a USD 13 million funding round from Notion Capital to extend its online bank-to-bank payment service to new geographies.

Debit Network 31

Debit Network Payments 31

PYMNTS

SEPTEMBER 19, 2019

By using the ACH debit network on the GoCardless platform, merchants can pull payments directly from their customers’ bank accounts at a lower cost than credit cards and without the overhead and burden of cash and checks,” the company said in a statement to TechCrunch.

ACH 51

ACH B2B NACHA Debit Network 51

PYMNTS

OCTOBER 7, 2020

Routing a transaction through a different network — for example a PIN-less debit network — can in certain situations lead to a higher approval rate. The fifth authorization lever involves authentication in Europe with PSD2 regulations, which require an elevated level of customer authentication.

Transactions 103

Transactions Issuers Card Issuer Authorization 103

PYMNTS

APRIL 5, 2019

“We were the first online small business lender in North America to offer instant funding via the Visa debit network. And with our Same-Day ACH service, we have demonstrated again our commitment to relentlessly innovating on behalf of small businesses to provide our customers with faster service.” ”

Same Day ACH 43

Same Day ACH ACH Small Business NACHA 43

PYMNTS

JANUARY 30, 2020

The data of 4 million breached debit and credit cards was even posted for sale in late 2019, stolen from four restaurant chains between April and September 2019, and recently made available for purchase on Joker’s Stash, an online black market. Card issuers, networks and retailers all must play a part in defending against such breaches.

Security 73

Security Debit Card Fraud Detection Federal Trade Commission 73

PYMNTS

NOVEMBER 14, 2019

FTC Probing Visa, Mastercard About Debit Card Practices. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debit networks, sources told Bloomberg.

Debit Card 40

Debit Card Federal Trade Commission FTC Fed 40

PYMNTS

NOVEMBER 23, 2016

The company said that, with the chip cards, routing and processing of debit transactions are made possible across two payment application identifiers (AID) that are contained on the chip. Common Debit AID and the Visa Debit AID. The AIDs are known as the U.S.

Adjustments 60

Adjustments Chip Cards EMV Debit Transaction 60

PYMNTS

APRIL 1, 2020

POS systems that accept PIN-authenticated payments transmit card details to debit network operators that then assess transactions’ associated fraud risks. Consumers’ funds are then sent to PIN debit network operators, which extract interchange fees and pass the rest to merchants’ banks.

Debit Card 56

Debit Card Electronic Funds Transfer (EFT) Debit Transaction Federal Reserve 56

PYMNTS

JANUARY 11, 2021

Cardtronics’ debit network is highly complementary to NCR’s payments platform, and will enable the combined company to seamlessly connect retail and bank customers while capitalizing on the banking industry’s transition toward infrastructure outsourcing.". NCR made its bid official on Monday morning (Jan.

ATM 57

ATM Debit Network Agreements Bitcoin 57