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Debit / Credit News & Media

Venmo rolls out rainbow debit card

February 22, 2019

Venmo is rolling out a limited edition rainbow card, the latest addition to six colorful cards introduced last year.

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Gemalto, Fingerprints partner on first major order of bio sensors for dual-interface cards

February 22, 2019

Gemalto has opted to add technology from Fingerprint Cards AB to its next generation of dual interface payment cards. 

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Lloyds Bank to launch cashback pilot at merchants amid cash access concerns

February 19, 2019

Lloyds Banking Group has launched a pilot program to incentivize retailers to give cash back at the point of sale in response to criticism that consumers are…

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Contactless payments to drive global card spend to $45T by 2023

February 19, 2019

Payment cards were used for purchases with a value of $25.1 trillion worldwide in 2017, an increase of 13 percent from the prior year, according to the recent…

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Major banks to waive ATM fees for California EBT cardholders

February 19, 2019

A coalition of California community groups and social service providers has announced that Bank of America, JPMorgan Chase, and Wells Fargo will now provide…

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Packaging solution simplifies activation of Fingerprints biometric payment card

February 15, 2019

Biometrics company Fingerprint Cards has launched a new enrollment solution for its biometric payment cards that allows cardholders to quickly and securely add…

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Mastercard names Vocalink CEO president of new payment platforms

February 7, 2019

Mastercard has named Vocalink CEO Paul Stoddart president of new payment platforms as of March 1, according to a press release. Stoddart succeeds David Yates…

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Debit card use on the decline, study finds

January 31, 2019

The number of consumers who use debit cards for purchases has declined steadily since 2011, the year following enactment of the Durbin Amendment, and now…

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U.S. credit card market expansion continues through Q3

January 30, 2019

Credit card use continued to increase from the second to the third quarter of 2018, with purchase volumes increasing for sub- and super-prime accounts, but…

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Counterfeit cards used in theft of $62k from Texas bank ATMs

January 30, 2019

Detectives with the forgery squad of the police department in Lubbock, Texas, are investigating a case of counterfeit card fraud that netted nearly $62,000 in…

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Discover, Garmin partner on mobile payment solution

January 28, 2019

 Discover and Garmin International Inc., have teamed to offer Garmin Pay to Discover cardmembers.

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Mercator releases 2019 forecast for U.S. payment trends

January 23, 2019

Mercator Advisory group has released its 2019 Outlook: U.S. payments. The docyment is compiled from Outlook publications released in late 2018 for each of the…

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Biometric payment card provider raises $14M to support market expansion

January 22, 2019

Zwipe, a biometric payment card provider based in Oslo, Norway, has raised an additional $14 million in a new funding round.

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Co-op report highlights debit trends to watch in 2019

January 18, 2019

Rising instant issuance capabilities and growing PIN debit transaction volumes are boosting credit union debit card programs, according to a new report from…

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Cybersecurity firm details Fortnite flaw that left players open to account takeover

January 17, 2019

A recent discovery by cybersecurity firm Check Point Software Technologies Ltd. serves as a reminder that just one small, careless oversight can give hackers…

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EMV migration timeline rolled out to Vietnam banks

January 9, 2019

The government of Vietnam has issued new regulations regarding that country’s migration from magnetic stripe cards to more secure EMV-compliant chip cards that…

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Reserve Bank of India tells banks to dump magstripe credit, debit cards for EMV

January 2, 2019

The Reserve Bank of India is asking all banks in the country to stop using old credit and debit cards with magnetic stripes to make way for EMV encoded cards…

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USA Technologies, Pepsi distributor to expand cashless vending

December 25, 2018

USA Technologies Inc. has entered a new five-year agreement with Pepsi Cola of the Hudson Valley to upgrade cashless payment devices on 1,000 existing vending…

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Payment card use grows worldwide, driven by government initiatives, consumer demand

December 18, 2018

The number of merchant outlets accepting card payments worldwide grew 13 percent in 2017 to reach 69.2 million by year-end, according to the RBR report, Global…

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