Debit Cards

PayNearMe Inc. has added one more state for its iGaming and sports-betting processing business. The latest expansion, to Kansas, brings to 20 the number of states in which the payments and electronic billing platform provider has iGaming operations. The expansion also comes just as the collegiate football and National Football …

With consumer spending for concessions and merchandise purchases steadily increasing at sports stadiums, SpotOn Transact, LLC, which provides point-of-sale and digital-ordering systems to 37 stadiums across the National Football League and the National Collegiate Athletic Association, is gearing up for an increase in volume for the 2022 professional and collegiate …

Nacha, the regulatory body for the automated clearing house network, has named open-banking specialist MX Technologies Inc. a member of its Preferred Partner Program. MX is the 30th company to be named to the program.Consumers’ top five favorite ways to pay are debit cards, credit cards, cash, contactless, and mobile wallets, according …

Online attacks in which criminals seize control of victims’ data are rising, and government agencies are far from immune. That’s now leading states to consider laws prohibiting state agencies from paying ransoms to get the decryption key that would unlock what are often vital files. North Carolina in May and …

A startup rent-payment processor called RentSpree closed on $17.3 million in Series B funding led by Green Visor Capital. The company projects it will process more than $160 million in rent payments over the next 12 months.Truist Financial Corp. launched Truist Invest and Truist Invest Pro, an automated investment advisory service and a …

To make modern fraud detection technology more accessible to community banks, Jack Henry & Associates Inc. late Thursday announced plans to launch early next year Financial Crimes Defender, a cloud-native platform for detecting fraud and other suspicious account activity that can hurt consumer’s financial health, as well as financial crimes, such …

Digital payments are on the rise, and so is payment fraud. As of 2020, nearly 80% of Americans used at least one form of digital payment. Between 2020 and 2021, payment fraud attacks rose dramatically on digital wallets (200%), payment service providers (169%) and crypto exchanges (140%). To keep up …

Visa Inc. announced late Wednesday it has now issued more network tokens than there are physical Visa cards, eight years after the launch of the Visa Token Service. With a boom in e-commerce and other digital applications, the service has now issued more than 4 billion tokens, Visa said, almost …

MoviePass, a movie-theater subscription service, selected Usio Inc. as its exclusive prepaid card issuing platform. Usio will be the program manager and processor for the upcoming MoviePass debit card it plans to issue to all subscribers.PayPal Holdings Inc., in conjunction with National Philanthropic Trust and Vanguard Charitable, launched Grant Payments, a product …

Systemwide contactless-fare technology, which has been available mainly for mass-transit systems in major cities, is starting to find its way into smaller towns. Cubic Corp. on Tuesday  said it will install its Umo mobility platform in buses serving the Canadian town of Sault Ste. Marie, Ontario, population 72,000. The system, …