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How Radius Bank Is Tapping Mobile, Digital Card Issuance To Keep Debit Transactions Secure

PYMNTS

The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. Bad actors have moved to take advantage of the rush to digital payments — particularly those made with debit cards — leaving banks and financial institutions (FIs) racing to keep them off their platforms.

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What is ACH Credit and ACH Debit and How Do They Work?

Stax

ACH credit payments differ from ACH debit payments and both are distinct from credit and debit card payments. TL;DR ACH payments are a popular way for individuals and businesses to transact with each other because they are easy and quick to send. What are ACH Debit Payments? Learn More What are ACH Credit Payments?

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Why Now Is The Time For CUs’ Digital Transformation

PYMNTS

CO-OP saw credit and debit transaction counts fall precipitously in the early weeks of the pandemic, as low as 30 percent. In the meantime, CO-OP’s Contact Center volumes have been through the roof, and the company has seen massive single-day spikes in transaction volume across the Shared Branch network, he said. Looking Ahead.

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Deep Dive: The Benefits And Challenges Of Real-Time Push Payments

PYMNTS

That consideration includes assessing the potential benefits and risks that come with the two fundamental types of bank payments: push and pull transactions. This month’s Deep Dive explores how push payments speed transactions, as well as the benefits and potential challenges of their use in real-time payment systems.

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PULSE: Why Debit And Payroll Cards Are An Employer’s Strategic Advantage

PYMNTS

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.

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

PYMNTS

This includes shifts in which consumers are shopping and paying, and in the payment tools or methods they are using to finalize their transactions. consumers now count themselves as “ debit-centric ” users, a sizable jump over the 33 percent who said the same about credit cards. Around The Next-Gen Debit World.

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Can Push Payments Be The Ultimate Check-Killer?

PYMNTS

When it comes to accessing their money, today’s consumer wants it now, with the push of a button. As they grow bolder with this demand, consumer requirements for speed, simplicity and choice in how they get paid could soon make push payments technology a corporate standard. New Tools on the Block .

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