Fraud & Security

Visa Inc.’s U.S. debit card payments volume of $767 billion in its fiscal second quarter increased 9.6% from $699 billion in the quarter ending March 31 a year ago. Its U.S. credit card payments volume of $704 billion was a 10.5% increase from $638 billion a year ago. For all regions, Visa’s …

Payments-technology provider Ingenico launched its AXIUM Payment Experience, dubbed APEX, an app intended to make it easier for businesses to craft payments apps. U.S. payments provider InComm Payments introduced a new unit, InComm Payments Brazil Technology Ltda., to expand the company’s operations in Brazil. Embedded-finance specialist Maast launched a set of new technologies aimed at making …

Payments provider Priority Technology Holdings Inc. said it is launching MX POS, a point-of-sale platform offering cloud accessibility with analytics and data reporting. Chargebacks911, a platform for chargeback management, advised merchants to streamline subscription-cancellation processes in response to a proposal from the Federal Trade Commission to require merchants to make it as easy to …

As a new phase of real-time payments in the United States draws near, don’t expect payment cards to go away any time soon. That’s the consensus from several speakers at the Smarter Faster Payments 2023 conference sponsored by Nacha this week in Las Vegas. Each time a new payment rail …

Darwinium, a fraud-prevention platform serving payments providers and fintechs from global offices in London and Sydney, announced its expansion into the U.S. market, including relocation of its corporate headquarters to San Francisco. Some 65% of treasury officers reported their organizations were victimized by attempted or actual fraud last year, the …

As real-time payments gain more traction in the United States, ACI Worldwide Inc. is making fraud-protection services that cater to these methods available under the Real-Time Payments Cloud moniker. Announced Tuesday and working with Microsoft Corp.’s cloud service Azure, ACI’s Real-Time Payments Cloud supports the Real Time Payments network from …

Early Warning Services LLC Monday morning issued a report from its chief executive reporting significant first-quarter growth for the company’s Zelle peer-to-peer payments network and underscoring efforts by EWS, owned by seven of the nation’s biggest banks, to combat fraud and scams. Though the report, signed by four-year CEO Al …

NCR Corp. said it is investigating a ransomware incident affecting one of its data centers and its Aloha cloud-based services for the hospitality industry. Its ATM, digital banking, payments and other retail services are not impacted. Huntington National Bank said it has extended Huntington ChoicePay to payments in higher education and business services. …

Responding to allegations by the Federal Trade Commission and Florida’s attorney general that it used multiple techniques to prevent consumers from winning chargeback disputes, chargeback-management company Chargebacks911 on Friday released a statement saying the charges are unfounded. The FTC and Florida attorney general Ashley Moody sued Chargebacks911 on Wednesday alleging …

Buy now, pay later provider Affirm Inc. said it is extending to Canada its processing agreement with payments platform Stripe Inc. Payments fintech Alacriti said it will provide identity verification for real-time payments through fraud-solutions provider Socure. Payments-technology provider Central Payments renewed an agreement with Galileo Financial Technologies LLC to process for Central’s Open*CP Fintech API …