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Marqeta to focus on growing product suite in 2020

Bank Innovation

If 2019 was the year of the challenger bank, 2020 will be the year payments companies move closer to bank territory. Marqeta, the card issuing and processing startup supporting the capabilities of large companies like Kabbage and Square, sees 2020 as a big year for payments companies branching out into banking.

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A debit account that rewards users for shopping at Black businesses

American Banker

The media company Urban One has launched a new account that includes a prepaid debit card and encourages customers to buy from Black-owned business and lets them donate their cash back to charity.

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A debit account that rewards users for shopping at Black businesses

Payments Source

The media company Urban One has launched a new account that includes a prepaid debit card and encourages customers to buy from Black-owned business and lets them donate their cash back to charity.

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EMV Chip Cards: It’s Time to Educate Your Small Business Customers

Banking 2020

Big changes are happening in the credit card processing industry that will impact every business accepting credit card payments. Ideally, once EMV is fully deployed, credit cards will no longer be “swiped”. After the EMV authentication and verification, the credit card sale will be handled much like it is today.

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Is your bank stopping fraud?

Banking 2020

Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3 The organisation said: “Banks’ and card companies’ security systems detected and prevented a total of £910.9

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Next in Mobile Payments: The Android Alternative

Banking 2020

There was a time when the launch of a new mobile payment system from one of the world’s largest and most dynamic technology companies would have been a massive event. The minute the device is placed next to the credit card terminal, it signs on. It even offers prompts to use available loyalty or gift cards.

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This Week’s Reads: Cloud, Mobile Wallet, Payments

Banking 2020

Banks Need to Examine Resource Allocation – Bank Systems & Technology. Mobile Wallet-Linked Offers vs. Card-Linked – Credit Union Times. Digital Banking at JP Morgan Chase – Finextra. How Banks Are Trying to Become More Like Tech Companies – MSN Money.

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