Attacks on Australia’s government — including payments fraud — have been on the rise, scoring, cumulatively, tens of millions of dollars. Elsewhere, individual cases of BEC and tax fraud — also aimed at city agencies — get the spotlight here in the states.
Discover Financial Services said Monday morning (June 17th) that it has ended fees on deposit accounts. The company said in a release that customers with checking, savings, money market or CD accounts held with Discover Bank “can now rest easy” with the knowledge that fees...
Visa is moving "beyond the card" with its acquisition of cross-border payments firm Earthport to turbo-charge account-to-account payments. Bill Sheley, head of global push payments at Visa, tells Karen Webster how the combined companies enable banks and service providers to cover (through a single point of...
Business travel is on the rise and has been for the last five years. According to the Global Business Travel Association, by 2022, business travel spending is projected to reach $1.7 trillion. That’s good news, PEX CEO Toffer Grant told Karen Webster, since it means that in a highly...
May 15, 2019
Visa is moving "beyond the card" with its acquisition of cross-border payments firm Earthport to turbo-charge account-to-account payments. Bill Sheley, head of global push payments at Visa, tells Karen Webster how the combined companies enable banks and service providers to cover (through a single point of contact) almost all of the world’s banked population, offering flexibility for P2P, B2C and B2B payments across wallets, accounts and cards.
May 14, 2019
Business travel is on the rise and has been for the last five years. According to the Global Business Travel Association, by 2022, business travel spending is projected to reach $1.7 trillion. That’s...
May 08, 2020
The Consumer Choice in Payment Coalition (CCPC), made up of numerous businesses and consumer representatives, aims to protect the use of cash against the encroaching tide of digital pay. The Coalition will first be pushing HR 2650, or the Payment Choice Act of 2019. That bill, introduced by Rep. Donald M. Payne Jr. (D-NJ), would […]
June 17, 2019
Discover Financial Services said Monday morning (June 17th) that it has ended fees on deposit accounts. The company said in a release that customers with checking, savings, money market or...
June 09, 2017
The Consumer Financial Protection Bureau (CFPB) announced in a press release that it sent letters to top retail credit card companies encouraging them to use more transparent promotions for the...
September 13, 2016
TransferWise is reportedly mulling whether to roll out a card linked to customers’ accounts. According to a report by Business Insider, which cited multiple sources, TransferWise is being prompted to...
