debit

Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.

(source: en.wikipedia.org)

DOJ Says Alleged Payment Processing Scam Bilked $150M
DOJ Says Alleged Payment Processing Scam Bilked $150M
August 26, 2021  |  Security & Fraud

Four people have been charged with conspiring to deceive banks and credit card companies, according to a press release from the U.S. Department of Justice...

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B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
August 26, 2021  |  B2B Payments

Embedded financial services platform HUBUC, a Software-as-a-Service B2B company, announced on Thursday (Aug. 26) that it has joined forces with Transact Payments to offer physical...

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Aspiration Aims To Go Public Before Year-End Via SPAC Merger
Aspiration Aims To Go Public Before Year-End Via SPAC Merger
August 19, 2021  |  Financial Inclusion

Green FinTech company Aspiration Partners Inc. on Wednesday (Aug. 18) announced a planned special purpose acquisition company (SPAC) merger with InterPrivate III Financial Partners Inc.,...

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Merchants Call On Fed To Push PINless Routing Rules For Debit Transaction
Merchants Call On Fed To Push PINless Routing Rules For Debit Transaction
August 13, 2021  |  Regulation

The deadline has passed — and what looms now is whether or not the way debit transactions are done, particularly online, will change. As noted...

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Perks And Rewards Push Debit Card Usage, Loyalty Higher
Perks And Rewards Push Debit Card Usage, Loyalty Higher
August 10, 2021  |  Next-Gen Debit

Debit cards have proven to be the most popular payment method among United States consumers, especially within the last year as they sought to improve...

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Arizona’s Unemployment Benefits, Child Support To Be Paid On Comerica Way2Go Mastercards
Arizona’s Unemployment Benefits, Child Support To Be Paid On Comerica Way2Go Mastercards
August 09, 2021  |  Mastercard

The State of Arizona will be using a new provider for electronic payment cards (EPCs) for unemployment insurance and child support payments, a press release...

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Fiskl Teams With GoCardless To Advance SMB Global Direct Debit Payments
Fiskl Teams With GoCardless To Advance SMB Global Direct Debit Payments
August 05, 2021  |  B2B Payments

Mobile-first accounting startup Fiskl is collaborating with account-to-account payments firm GoCardless to offer business customers direct debit payments.  GoCardless is aiming to lower the number...

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4Front Credit Union Taps PSCU For Debit, Credit, Contact Center Support
4Front Credit Union Taps PSCU For Debit, Credit, Contact Center Support
August 03, 2021  |  Credit Unions

Payments credit union service organization (CUSO) PSCU announced Tuesday (Aug. 3) that 4Front Credit Union (4Front) had joined its cooperative for credit and debit card...

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NEW DATA: Why 75 Pct Of Consumers Skip Using Digital Cards
NEW DATA: Why 75 Pct Of Consumers Skip Using Digital Cards
August 02, 2021  |  Digital Payments

The digital payment experience offered by the Starbucks app captured consumers’ attention when it was rolled out over a decade ago, triggering a wave of...

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