Fintech Finance

AUGUST 23, 2024

Tribe Payments has been chosen by SetldPay to provide their issuer processing, with the company also benefitting from Tribe’s Risk Monitor and 3D Secure solutions. 3DS has become an essential part of risk management and fraud prevention for any business that takes online payments.

Issuers 98

Issuers Process Reconciliation AML 98

The Payments Association

NOVEMBER 29, 2024

Managing fraud cases has been a top challenge for card issuers, according to recent studies. Rising operations and outsourcing costs and burgeoning fraud recovery caseloads make it especially challenging for issuers to meet chargeback deadlines and avoid cardholder write-offs.

Disputes 88

Disputes Issuers Card Issuer Payment APIs and Integration 88

Fintech Finance

NOVEMBER 13, 2024

Fraud rates are seven times higher online than in stores1, as criminals exploit exposed card numbers, creating headaches for cardholders and huge losses for merchants and card issuers. Additionally, the risk of fraud is minimized. Mastercard’s technology is already making online checkout quicker for businesses.

Visa 98

Visa Authentication Payments Issuers 98

Clearly Payments

NOVEMBER 13, 2024

For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management. Payment processors use this data to authenticate the card details, ensuring that the card being used matches the card type, issuer, and other key characteristics tied to the BIN.

Process 104

Process Processors Payments Compliance 104

Fintech Finance

DECEMBER 20, 2024

Patricia previously served as VP of Technology Operations and Delivery at Zopa, where she led risk management and process improvements, and Senior Director of Software Engineering at LexisNexis Risk Solutions, spearheading AML and compliance technology initiatives.

APACS 97

APACS Issuers AI Credit Cards 97

Payments Dive

APRIL 15, 2024

Card programs can increase purchase authorization rates without taking on undue fraud-liability risk with 3-D Secure (3DS). Here’s what it is and how card issuers can leverage it.

Card Issuer 97

Card Issuer Issuers Authorization Risk 97

Fintech Finance

MARCH 12, 2025

Network tokenization stands out as another prime example, as it replaces sensitive card data with encrypted identifiers for each transaction, reducing fraud risk without compromising approval rates. The post EBANX Data Shows 41% of Online Card Transactions in Brazil Come From Digital Issuers appeared first on FF News | Fintech Finance.

Issuers 59

Issuers Transactions Payment Service Provider (PSP) Debit Card 59

Fi911

SEPTEMBER 12, 2024

An issuer decline code is provided by an issuing bank to a merchant, indicating the rejection of a credit card transaction. This means that the issuer has halted or blocked the transaction. The specific code gives a brief reason for why the issuer turned down the purchase.

Issuers 81

Issuers Push-to-Card Addressing Authorization 81

Fintech Finance

JUNE 25, 2024

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, and RS2 , a global payments processor and technology provider, have joined forces to offer a one-stop solution for acquirers and issuers in Brazil.

Issuers 98

Issuers Acquirers Processors Real Time Payments 98

Stax

MARCH 13, 2025

Apart from keeping complex payment structures running, interchange fees compensate issuing banks for taking on cardholder credit risk, and help card companies fund rewards programs. Covers risk taken on by issuing banks Issuing banks take on financial risks while extending credit to cardholders. Even for low-risk cards (e.g.,

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Fintech Review

MARCH 25, 2025

This PoC provided an opportunity to explore insights into technological risks associated with digital assets across multiple blockchains. Transparency and risk management are critical to supporting institutional engagement in tokenized finance.” Contact Renjie Butalid VP Business Development Metrika renjie@metrika.co

Risk 52

Risk Assessments Risk Management Blockchain 52

The Payments Association

OCTOBER 28, 2024

The card scheme Click to Pay mandate underscores this evolution, making it mandatory for issuers to adopt a more streamlined, card-on-file experience that prioritises security and user convenience. But beyond compliance, what does Click to Pay mean for the payments industry today, and how can card issuers navigate this transition effectively?

Card Issuer 88

Card Issuer Issuers Payment APIs and Integration Interoperability 88

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Two-thirds of card issuers were expected to offer contactless debit products by the end of this year, for example, and 87 percent of all cards are anticipated to be contactless-enabled by the end of 2022.

Issuers 109

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

Payments Source

FEBRUARY 25, 2020

Mastercard wants to build confidence in open banking by addressing regulatory compliance, liability, and technology integration issues on behalf of its issuers and fintechs.

Addressing 120

Addressing Visa Regulatory Compliance Risk 120

Stax

DECEMBER 9, 2024

As well as chargeback fees, there’s also the risk of banks choosing to freeze or even terminate merchant accounts. These records can serve as valuable evidence in the event of a chargeback dispute, helping you present your case to the card networks or issuers.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

The Payments Association

JANUARY 3, 2025

Lin Tao ( Prezzee ) highlighted the disproportionate risk her industry faces: Gift cards are inherently attractive to scammers due to their high liquidity and minimal traceability. The card issuers often side with the customer without consulting us, which is unfair and costly.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Fintech Finance

DECEMBER 6, 2024

For e-commerce players, this means fewer abandoned carts and a lower risk of fraud, while consumers can benefit from faster checkouts and peace of mind. For issuers, this is an alternative to have their cardholders authenticated, reducing fraud risk. Upon successful authentication, the transaction is completed.

Visa 98

Visa Authentication Scams Payments 98

Fintech Finance

MARCH 10, 2025

For issuers, Tap to Add Card can help reduce the risk and associated costs of provisioning fraud, simplifies the add-to-wallet process leading to fewer customer service inquiries, and improves transaction approval rates. This significantly improves the customer experience.

Digital Payments 92

Digital Payments Security Payments Credential 92

Clearly Payments

APRIL 24, 2025

Heres a simple breakdown: Interchange fees: Interchange fees go to the customers bank (the card issuer). Acquirer fees: Acquirer fees go to the financial institution that underwrites the credit and takes the financial risk. Assessment fees: These go to the card networks like Visa and Mastercard.

Large Merchants 99

Large Merchants Process Processors Volume 99

Stax

APRIL 8, 2025

Credit card issuer (or issuing bank) – These are financial institutions that issue credit cards to customers. Also known as card companies or card issuers (e.g., The exact fees you pay can vary depending on the type of card used, the card issuer, the credit card network, the type of transaction, and the pricing model (e.g.,

Credit Cards 88

Credit Cards Process Processors Push-to-Card 88

Payments Source

FEBRUARY 21, 2020

Ally Financial's recently announced $2.65 billion cash-and-stock deal for CardWorks, which offers unsecured credit cards among other products, places a high price tag on a traditionally risky product.

Credit Cards 140

Credit Cards Issuers Security Product 140

Clearly Payments

NOVEMBER 6, 2024

.) : Card networks , such as Visa, Mastercard, American Express, and Discover, play a critical role by routing transaction data between acquirers and issuers (cardholders’ banks). They also set interchange fees that cover transaction costs and risks. Market Size and Growth The U.S.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

Fintech Finance

FEBRUARY 10, 2025

In our industry, the ability to move large payments instantly, securely and reliably is crucial, said Ann Bowering, CEO of Computershare Issuer Services, North America. With real-time payments, we can settle higher-value transactions immediately, reducing counterparty risk and improving overall working capital efficiency.

Transaction Limits 105

Transaction Limits Instant Payments RTP Transactions 105

The Payments Association

FEBRUARY 13, 2025

Risk-based authentication (RBA) offers a way forward, balancing security and user experience while addressing the growing sophistication of fraud. With many banks and issuers still using one-time passcodes (OTPs) to protect customers from fraud, modern tools and attack vectors make their days at the office easier.

Authentication 88

Authentication Risk Compliance Fraud Detection 88

Payments Source

MARCH 8, 2020

Credit card issuers caught in the trap of chasing new customers with increasingly costly rewards-point programs are trying something new: letting more users redeem rewards directly with merchants instead of acting as the intermediary.

Credit Cards 116

Credit Cards Card Issuer Issuers Risk 116

Payments Source

MARCH 29, 2020

Card fraud risks — already soaring prior to the coronavirus outbreak — are changing rapidly as the pandemic deepens, forcing issuers and merchants to rethink protective measures.

Issuers 137

Issuers Risk Phishing 137

Finovate

NOVEMBER 19, 2024

Credit union credit card issuer Collabria Financial Services has teamed up with digital identity verification fintech Trulioo. The Canada-based card issuer will leverage Trulioo to streamline the verification process for new cardholders.

Verification 59

Verification Credit Union Card Issuer Payment APIs and Integration 59

The Fintech Times

MARCH 10, 2025

For issuers, Tap to Add Card can help reduce the risk and associated costs of provisioning fraud, simplifies the add-to-wallet process leading to fewer customer service inquiries, and improves transaction approval rates. This significantly improves the customer experience.

Digital Payments 69

Digital Payments Security Credential CHIPS 69

Fintech News

APRIL 2, 2025

Paymentology , a global issuer-processor, announced the appointment of Jim Hart as its new Chief Information Security Officer (CISO). Hart has also advised both scale-ups and large enterprises on cybersecurity and risk mitigation. Hart brings over 25 years of IT security experience to the role.

Cybersecurity 67

Cybersecurity Risk Mitigation Regulatory Compliance Risk Management 67

The Payments Association

APRIL 8, 2025

Lin Tao ( Prezzee ) highlighted the disproportionate risk her industry faces: Gift cards are inherently attractive to scammers due to their high liquidity and minimal traceability. The card issuers often side with the customer without consulting us, which is unfair and costly.

Fraud Detection 88

Fraud Detection Fraud Prevention Scams Participant 88

The Fintech Times

JANUARY 2, 2024

As innovation continues in the virtual asset space, regulatory authorities in Hong Kong have proposed new regulatory rules for stablecoin issuers. Under the proposed regime, issuers would require a license from the HKMA to issue stablecoins that reference the value of one or more fiat currencies in Hong Kong.

Stablecoins 69

Stablecoins Issuers Consulting Authorization 69

The Fintech Times

MAY 9, 2024

Paul Fabara , chief risk and client services officer at Visa Paul Fabara , chief risk and client services officer at Visa , explained the impact the new tool could have: “Enumeration can have lasting impacts on our clients and there’s an immediate need for tools that can better detect and prevent these attacks in real-time.

AI 111

AI CVV2 Issuers Compromise 111

Fintech News

MAY 8, 2024

issuers, the tool assigns a risk score to each transaction, focusing particularly on card-not-present (CNP) transactions, to identify potential threats without impacting transaction integrity. Visa has invested over US$10 billion in the past five years, aimed at enhancing network security and reducing fraud risks.

Bots 109

Bots AI Issuers Fraud Prevention 109

Fintech Finance

MARCH 23, 2025

The award recognises technology providers that significantly enhance regulatory compliance and operational efficiency for merchants, issuers, and acquirers. ” Vixio’s Horizon Scanning Tool tracked over 523,000 regulatory updates in the first nine months of 2024 alone, with hundreds requiring immediate attention. .

Payment APIs and Integration 83

Payment APIs and Integration Compliance Regulatory Compliance CHIPS 83

Fintech Finance

NOVEMBER 19, 2024

While this payment method remains popular due to Visa and Mastercard’s robust consumer protection frameworks, it is essential for issuers to ready their operations for the anticipated rise in disputes. Without proactive measures, institutions risk overwhelmed back-office teams and diminished customer trust.”

Disputes 96

Disputes Consumer Protection Duplicate Transactions 96

Fintech Finance

DECEMBER 4, 2024

Tribe Payments , a leading digital payments and infrastructure orchestrator that specialises in issuer and acquirer processing, has partnered with digital financial platform, Ribbon , enabling the company’s launch first in Gibraltar and, most recently, in the UK.

Issuers 52

Issuers Process Multi-Currency Money Laundering 52

The Fintech Times

APRIL 25, 2025

Nonetheless, firms must understand how to navigate them properly or risk facing growing fraud figures, and a new report from payments giant, Mastercard , in partnership with Datos Insights delves further into this topic.

Disputes 45

Disputes Issuers Near Real-Time Visa 45