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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

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Walgreens Fights Promotion Abuse With Digital Tracking

PYMNTS

One report found that there was a 54 percent increase in gift card and loyalty fraud in May compared to the previous month, making promotion fraud prevention a top priority for merchants. This represents a fivefold increase from the pre-pandemic normal, when most consumers shopping online were better attuned to security protocol.

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Currencycloud Teams With Hyundai Card For Mobile Remittance Service

PYMNTS

Cross-border payments platform Currencycloud and Hyundai Card, South Korea’s digital pioneer company, recently announced an exclusive partnership to enable the launch of Korea’s first mobile remittance service provided by a credit company. The service launches soon and will be available through Hyundai Card’s Global Remittance application.

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In Australia, i2c Teams With Archa On SMB Solutions

PYMNTS

Global payment and open banking technology company i2c has teamed up with corporate card provider Archa on a corporate credit program aimed at small- and medium-sized businesses (SMBs) in Australia, according to a press release. We look forward to helping Archa expand this innovative program to other markets.”.

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Visa, NovoPayment To Deploy Digital Solutions In Latin America, Caribbean

PYMNTS

Since partnering two years ago, Visa and NovoPayment have advanced digital payments across the region. In addition, Visa Token Services was introduced to the region for payouts, peer-to-peer (P2P) payments and B2B money movement. It’s a testament of our proven enablement model and commitment to collaboration.”.

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Ondot’s New Cloud Service Taps Digital Innovation For Banks

PYMNTS

Banks and credit unions looking for safer and more efficient digital and mobile services for debit and credit cards can now turn to the cloud. One of the challenges regional and community banks and credit unions face is the complexity of physical data integration in their data centers,” said Prasanna Narayan, head of product at Ondot.

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i2c, Sightline Team Up For Cashless Cross-Channel Gaming 

PYMNTS

A value card gives VIP guests immediate access to winnings. The card is reloadable and can be used on any service (gaming, hospitality, entertainment and ATMs) at the resort, in brick and mortar retail worldwide, and online. . Going cashless also aids cost-cutting by way of more efficient operations. There are more than 2.5

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