Fido Alliance intros biometrics certification process

September 11, 2018

The Fido Alliance has announced its Biometric Component Certification Program, the first such program for the larger payments industry, according to a press…

ControlScan adds PCI Data Security Essentials to SecureEdge platform

September 4, 2018

ControlScan, a provider of managed security and compliance solutions designed to secure networks and protect payment card data, has added Payment Card Industry…

Australian payments players ramp up fight against card fraud

August 24, 2018

The Australian Payments Network, also known as AusPayNet, has announced the start of an industry consultation on a new framework to accelerate the fight…

US credit card total purchase value edges toward $1T mark

August 21, 2018

For the first time in history, the U.S. credit card processing industry is poised to pass the $1 trillion mark in total purchase value in Q4, according to a…

PSCU, Ondot partner to offer card alerts and controls solution to CUs

August 16, 2018

PSCU, a California-based credit union service organization, has partnered with Ondot, a provider of mobile payments services, to implement a comprehensive…

Cash, cards and customer choice: What's a merchant to do?

As noncash payments take the lead some merchants are deciding that they no longer want to accept cash. But while there are costs to managing cash (and digital…

Contactless card transactions: A technology whose time has come?

by Will Hernandez — Editor, NetWorld Media Group

A recent study from A.T. Kearney urges FIs en masse to begin issuing contactless cards now that merchants have the necessary payment terminals and consumers…

CU members score on Prime Day

August 2, 2018

Amazon Prime Day 2018 recorded more than 100 million customer orders, making it a banner day for the e-commerce site, but also for the nation's credit unions…

In-store contactless payments to total $2T by 2020

July 31, 2018

Contactless payments will exceed the $1 trillion mark for the first time in 2018, a year earlier than expected, according Juniper Research. In 2020, in-store…

Starling Bank card design reflects 'how we actually use our cards'

July 26, 2018

Mobile-only challenger bank Starling is introducing a new debit card with a vertical design that puts all customer details, including name, card number and…

CPI, CBS partner on end-to-end instant issuance solution for CUs

July 12, 2018

CPI Card Group, a provider of EMV chip cards and related services, and Commercial Business Systems, a provider of software and IT services for credit unions…

Florida FI to implement MasterCard Send for near real-time funds disbursement

July 11, 2018

MasterCard is partnering with Florida Capital Bank N.A. to facilitate the near real-time disbursement of funds to all branded debit cards in the U.S. by…

Antelop white-label NFC-enabled wallet for FIs certified 'Visa Ready'

July 5, 2018

Antelop, a provider of white label NFC mobile payment solutions to banks and card issuers, has been deemed Visa Ready certified for Visa Token Service as an…

Contactless payments win the day at World Cup matches

June 29, 2018

Approximately 1 in 5 purchases made with Visa cards at World Cup soccer matches in Russia used contactless payment technology, including smartphones, bracelets…

Consumer satisfaction with bank, card apps goes hand-in-hand with frequency of use

June 26, 2018

Customer satisfaction with banking and credit card apps has increased in the past year as more customers adopt digital as their primary interaction channel…

Venmo reaches into ATM, retail markets with MasterCard-branded debit card

June 26, 2018

After a year of tests, Venmo has officially launched a debit card that expands the capabilities of its popular P2P mobile payment app to encompass retail and…

Alfa-Bank migrates card processing to OpenWay platform

June 25, 2018

Alfa-Bank Belarus, an Alfa-Bank Group subsidiary with assets of $44 billion, has completed its migration to the Way4 platform by OpenWay, a digital payment…

Cash transactions give way to contactless in UK

June 19, 2018

For the first time, consumers in the United Kingdom are paying more often with contactless debit cards than with cash, according to U.K. Finance. 

Core processor integration streamlines instant card issuance

June 14, 2018

CPI Card Group Inc., a provider of financial card production and related services, will integrate with Salt Lake City-based core processor Flex to enable a…

As frictionless payments struggle for traction, consumers cling to cash

June 7, 2018

Consumer concerns about data security and privacy are hampering the move to frictionless payments, according to Lost in Transaction: Payment Trends 2018, a…