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

Deep Dive: Why ML Plays A Key Role In Debit Issuers’ Fraud-Fighting Strategies
Deep Dive: Why ML Plays A Key Role In Debit Issuers’ Fraud-Fighting Strategies
December 31, 2020  |  Next-Gen Debit

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to...

READ MORE >
Machine Learning Supercharges Banks’ Efforts To Fight Debit Fraud
Machine Learning Supercharges Banks’ Efforts To Fight Debit Fraud
December 29, 2020  |  Next-Gen Debit

Consumers have more heavily leaned on debit during the pandemic, with the economic downturn making shoppers more cautious than ever about the prospect of taking...

READ MORE >
PSCU CEO: Debit Still Wins With The Resilient Consumer
PSCU CEO: Debit Still Wins With The Resilient Consumer
December 22, 2020  |  Credit Unions

A year like no other draws to a weary close. In a year marked by unpredictable events, high unemployment, business closures and, of course, a...

READ MORE >
Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated
December 16, 2020  |  ANTITRUST

According to Mexican regulators, the two companies in charge of the country’s credit and debit settlements represent “a near monopoly,” and big businesses need to...

READ MORE >
Today In Digital-First Banking: FIS Fuels Rollout Of Quontic Bank Crypto Rewards Account; Aeldra Selects i2c To Power Private Banking Services
Today In Digital-First Banking: FIS Fuels Rollout Of Quontic Bank Crypto Rewards Account; Aeldra Selects...
December 16, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc....

READ MORE >
Visa, Access Bank Partner On SMB Cards In Nigeria
Visa, Access Bank Partner On SMB Cards In Nigeria
December 14, 2020  |  B2B Payments

Visa will be working with Access Bank on a new debit card for small- to medium-sized businesses (SMBs) in Nigeria, according to a Vanguard Media...

READ MORE >
Afterpay Co-Founder & Co-CEO: Buy Now, Pay Later Is In Right Place, Right Time
Afterpay Co-Founder & Co-CEO: Buy Now, Pay Later Is In Right Place, Right Time
December 14, 2020  |  Payment Methods

For a 6-year-old Australian startup that’s only been doing business in the U.S. for two years, Afterpay — with its buy now, pay later (BNPL)...

READ MORE >
Verizon Business To Offer Fiserv’s Clover Touchless Payment Services
Verizon Business To Offer Fiserv’s Clover Touchless Payment Services
December 10, 2020  |  Payments Innovation

Verizon Business customers will now be able to utilize Fiserv’s Clover Flex point-of-sale devices to conduct touchless payments, in addition to Fiserv merchant services such...

READ MORE >
Blackhawk, Mastercard Roll Out Charitable Prepaid Collection
Blackhawk, Mastercard Roll Out Charitable Prepaid Collection
December 08, 2020  |  Mastercard

Blackhawk Network, a global branded payments provider, has rolled out its Giving Good Prepaid Mastercard with a release that encompasses five choices that benefit charitable...

READ MORE >