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Credit Card Surcharges OK’ed In New York

PYMNTS

In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers up front. New York has banned the ban. What’s in a name, then?

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Deploying Spend Management Technology To Rebuild After Disaster Strikes

PYMNTS

Barry Floyd, the firm’s chief financial officer, told PYMNTS in a recent interview that the company was particularly busy during 2016 and 2017, when Hurricanes Matthew and Irma hit the company’s home state of Florida. This is why Paul Davis is turning to new technology, Floyd said. Bringing Innovation to a Traditional Industry.

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US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.

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Kroger Building New Automated Warehouse Facility

PYMNTS

Kroger is excited to enter Florida to redefine the customer experience through our industry-leading partnership with Ocado,” said Rodney McMullen, Kroger’s chairman and CEO. Kroger recently introduced Kroger Pay , a new mobile payment option and loyalty rewards card. Kroger’s first CFC is being constructed in Monroe, OH.

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How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness

PYMNTS

Financial institutions (FIs) are therefore expected to offer more contactless cards this year and some are also unveiling services intended to help consumers easily add cards to their digital wallets. consumers to shift as much as $100 billion in annual spending from credit to debit cards. Around the Next-Gen Debit World.

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Why 7-Eleven Is Betting On Voice Commerce To Keep Customers Loyal

PYMNTS

It announced this week that it is piloting Fuel Loyalty at participating 7-Eleven stores in North and South Orlando, Florida; North Texas; and Woodbridge, Virginia. We asked ourselves, ‘How could we put technology to work to help the customers?’ percent of respondents) and payment methods that don’t require touching a card reader (58.6

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