Debit Cards

Payroll giant ADP LLC launched its Wisely Pay service Monday, which combines digital accounts and a Visa-branded chip card as ways to pay individuals and for them to access these funds. Wisely Pay is the first product resulting from Roseland, N.J.-based ADP’s October 2017 acquisition of Global Cash Card, a …

An undetermined number of Chili’s Grill and Bar restaurants sustained a data breach in March and April, Chili’s parent company Brinker International Inc. reported over the weekend. Dallas-based Brinker divulged few details in a Saturday post on the Chili’s Web site and in a new release the same day. It …

Financial institutions have been pushing real-time payments because they are supposed to be not only faster but also more cost-efficient. But now results of a global survey released Monday indicate merchants not only expect faster payments to be less expensive to accept, but also to displace the payment cards banks …

The Western Union Co.’s Speedpay subsidiary announced the latest release of its Next Gen bill-payment platform. Card manufacturer CPI Card Group Inc. reported that first-quarter sales of credit and debit cards for the U.S. market fell 6.5% year-over-year, but U.S. prepaid card sales jumped 63%. The number of data breaches …

Cardlytics Inc. is building its infrastructure to support as many as 200 million monthly active users of its merchant-funded rewards program by the end of 2019, more than three times the 60 million it currently has, company executives said Thursday. The big expansion comes as Cardlytics’ grows its business with …

Cyberthieves can use the payment credentials they steal to charge products to the people who are the legitimate owners of that data. That’s bad enough. But increasingly, these fraudsters are using the information they glean from data breaches to invent fresh identities, sometimes out of whole cloth, leaving credit card …

Payments provider St. Louis Merchant Services announced it is offering the PayLo Cash Discount Progam from SignaPay Ltd. Fiserv Inc. has teamed with fraud-analytics firm Rippleshot to offer Card Risk Office, an early-detection service that allows client institutions to identify potential fraud anywhere from 30 days to 60 days before …

An airline trade group has teamed up with Germany’s Deutsche Bank to develop a payment system that would bypass the credit card networks, potentially saving users billions in interchange. The proposal comes from the International Air Transport Association, which says it has 280 members representing 83% of air traffic. The …

E-commerce attacks increased 93% in the first quarter of 2018 in comparison to the same quarter a year ago, finds the Q1 2018 Cybercrime Report from ThreatMetrix, a unit of LexisNexis Risk Solutions. Based on an analysis of 210 million attacks ThreatMetrix detected and stopped on behalf of its clients, …

Ever since Apple Pay emerged in 2014, experts have scratched their heads over the general failure of contactless mobile wallets to catch on faster with U.S. consumers. Now comes research indicating how wallet sponsors might turn things around by focusing on what consumers are most looking for in wallet services …