Debit Cards

With its sale earlier this month of Worldpay to Global Payments Inc., FIS Inc. is focusing on its longstanding business in card issuing for banks, a business where it sees strong returns, especially as banking mergers unfold—but it’s not seeking just any bank. “Our strategy is partnering with banks growing …

Transaction Network Services Inc., an infrastructure-as-a-service provider that connects businesses to point-of-sale terminals and ATMs, has launched TNSPay SmartRoute, a cloud-based transaction-routing solution that allows merchants, processors, and acquirers to define and adjust routing rules in real time. Users can decide how to route a transaction based on specific criteria, …

Can/Am Technologies Inc. has introduced Teller Payments, aimed at helping state, local, and education agencies process payments within Can/Am’s Teller Government Cashiering system. The processor Fiserv Inc. is supporting the service through its independent software vendor partner program. Metropolitan Commercial Bank, based in New York City, is one of the first …

Chip cards are coming to state benefit programs, with the latest development emerging from Alabama. The state’s Department of Human Resources is mailing electronic benefit cards embedded with chips as a means to combat fraud, according to an announcement early Friday from the chip card supplier, Conduent Inc. The chip …

Illinois merchants scored a big victory late Tuesday in their battle for interchange relief as United States District Court Judge Virginia Kendall upheld the Illinois Interchange Fee Prohibition Act. The decision, which comes after more than a year of legal wrangling, means the IFPA will go into effect July 1, …

Fiserv’s chief executive early Tuesday told Wall Street not to look for immediate improvement following a sub-par year in 2025. “Our headline results are below our expectations and will remain that way until mid-year,” chief executive Michael Lyons told equity analysts at the top of a group call with equity …

Bolt Financial Inc., whose app offers checkout, identity, and payments capabilities, announced it is adding embedded investing capability through a deal with Atomic, an investing-as-a-service platform. Corpay Inc. said it will sell its PayByPhone mobile parking payments platform to Lightyear Capital in a deal expected to close in the second quarter. …

Visa Inc. chief executive Ryan McInerney touted the card network’s ability to build and deliver innovations and scalable technologies as drivers behind the company’s strong fiscal first quarter 2026 results.  Processed-transaction dollar volume grew 8% year-over-year in the quarter to nearly $4 trillion in constant dollars, with transactions up 9% …

Mastercard Inc. grew its fourth-quarter net revenue by double digits in the face of a market that has forced payments companies to wrestle with a slew of knotty considerations, including the potential impact of a major bill that would cap credit card rates and the dizzying effect of fast moves …

Payments provider Nuvei Corp. said it will offer virtual card technology from WEX Inc. to its merchant base under a new agreement. Forter Inc., a developer of anti-fraud technology, said it will offer fraud prevention and identity technology to the McDonald’s Corp. for transactions conducted digitally with the hamburger chain. Mastercard Inc. announced …