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

Afterpay Creates Incentives For Users To Pay On Time
Afterpay Creates Incentives For Users To Pay On Time
July 23, 2020  |  Payment Methods

Payments company Afterpay, which works in the buy now, pay later (BNPL) space, is rolling out a new feature called Pulse to help reward those...

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How AP Tools Help Small Fruit Importer-Exporters Grow
How AP Tools Help Small Fruit Importer-Exporters Grow
July 09, 2020  |  Next-Gen AP Automation

Fruit importers/exporters never know how much they’ll pay their growers or get paid by grocery stores until the produce hits the market. That means a...

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The Next Big Thing Is … Debit
The Next Big Thing Is … Debit
July 07, 2020  |  Next-Gen Debit

Using credit cards (aka spending the bank’s money instead of your own) seemed so cool — until it suddenly wasn’t nearly as cool anymore. That...

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How FIs Adapt Fraud Detection During Times Of Behavioral Upheaval
How FIs Adapt Fraud Detection During Times Of Behavioral Upheaval
July 03, 2020  |  Next-Gen Debit

The shuttering and reopening of states' economies are causing seismic shifts in consumer behaviors. Tried and tested ways of catching fraudsters, such as comparing consumers'...

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How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness
How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness
July 02, 2020  |  Next-Gen Debit

Consumers who are seeking to avoid exposing themselves or others to COVID-19 are turning to eCommerce where possible and are demanding touch-free ways to pay...

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Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
Investec: What FIs Must Know About Open Banking And Gaining Consumer Trust
June 25, 2020  |  Fraud Prevention

Digital fraud and cybercrime are constant worries for financial institutions (FIs) of all sizes, with these businesses seeing an average of 30 cyberattacks per hour...

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New Data: Why 75 Pct Of Consumers Want More From Card Apps Than They’re Getting
New Data: Why 75 Pct Of Consumers Want More From Card Apps Than They’re Getting
June 16, 2020  |  Mobile Applications

Banks are well aware that they must do more these days than simply provide their debit and credit card holders with monthly account statements. Just...

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Debit Leads Payments Preference Parade
Debit Leads Payments Preference Parade
June 05, 2020  |  Next-Gen Debit

In disasters of the recent past there has been a marked shift away from credit toward debit. Households and even small and medium-sized businesses (SMBs)...

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Deep Dive: Measuring COVID-19’s Impact On Consumers’ Payment Preferences
Deep Dive: Measuring COVID-19’s Impact On Consumers’ Payment Preferences
June 03, 2020  |  Next-Gen Debit

The COVID-19 pandemic and safety measures taken to slow the virus’s spread have overturned consumers’ daily lives, including what they are buying and which payment...

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