Remove 2011 Remove Cards Remove Marketing Remove Security
article thumbnail

CFPB issues request for information on consumer credit card market

CFPB Monitor

The CFPB has issued a new request for information about the credit card market that seeks comment on two related, but separate, reviews. The RFI includes citations to each of the CARD Act rules and further information about their content.). CARD Act Review. Section 610 Review. Debt relief and settlement.

Cards 78
article thumbnail

Deep Dive: How Payment Card Networks Win Merchants Over

PYMNTS

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible. shoppers made 72.7

Cards 141
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Keeping Subscription Boxes Secure From STEM To Stern

PYMNTS

Such boxes represent a small segment of the broader subscription market, but they face the same challenges, including fraud attempts like card-and-wallet tests and account takeovers (ATOs). Box-of-the-month services constantly struggle to secure their payment processes and remain a step ahead of bad actors.

Security 108
article thumbnail

Chip Card Shipments Top 2.3 Billion In 2017

PYMNTS

billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and the United States “continue to normalize,” contactless payment cards are more than 70 percent of shipments in “a growing number of territories,” the association said in an announcement. marking a twofold increase over 2014.

Cards 110
article thumbnail

GlobalOnePay Integrates Card Payment Capabilities Into InvoiceASAP

PYMNTS

InvoiceASAP provides both mobile and web invoicing tools, and joint customers can enable credit card processing on both platforms thanks to the GlobalOnePay partnership. The company launched in 2011, targeting businesses like contractors, plumbers and other independent companies.

Cards 101
article thumbnail

Smart Payment Card Shipments Up 34 Percent

PYMNTS

is soaring the global demand for smart payment cards by as much as 34 percent, a new Smart Payment Association (SPA) report has found. billion chip cards were supplied — of which, 570 million were shipped to the U.S., These figures demonstrate how EMV is now a truly global, established, secure and interoperable infrastructure.

Cards 100
article thumbnail

Wells’ ‘Cross-Selling’ Biz Draws $65M Fine

PYMNTS

State securities laws are vital to protecting the hard-earned savings of working families and Main Street investors from financial fraud, and my office will continue to do what’s necessary to protect the public and the integrity of our markets.”. Underwood said in a press release.

New York 139