Rev USA, a unit of Rev Worldwide Inc., announced a nationwide launch for its X World Wallet, app-based account that includes features such as loyalty and travel bookings and can be linked to physical and digital Visa cards.Computer Services Inc., a payments processor for financial institutions and corporate clients, reported …

The basis of digital payments is typically an account at a financial institution, which can hand these institutions quite a bit of influence over payment activity. It turns out, though, that consumers like to stick with their bank once they’ve opened an account. Even among persons aged 18 to 34, …

Rather than compete directly with Zelle and other peer-to-peer payment networks, the recently launched CHUCK network plans to position itself as a P2P network that eases money transfers for users, officials say. One such feature in the works is the ability for users to create a directory of destinations to allow …

Fingerprint Cards AB early Wednesday said it has agreed to provide iris-recognition technology to Mantra Softech India Pvt Ltd., said to be the largest provider in India of biometric devices and sensors. Terms of the multi-year contract were not disclosed. Under the terms of the deal, Mantra will deploy the …

Security professionals around the world equate ransomware attacks with terrorism, but they differ markedly from country to country in their willingness to play ball with the attackers. That’s according to survey results released Tuesday that gathered data from more than 1,500 security executives in the United States, the United Kingdom, …

Building on the concept of transferring money directly from a bank account to a debit card, Astra Inc., a provider of bank-to-bank transfer technology, has introduced an application programming interface that enables money to be transferred from one debit card to another using the debit card networks.  The API, which …

The explosion in buy now, pay later point-of-sale lending was bound to catch the eye of regulators sooner or later, and on Thursday the other shoe dropped with a letter sent to five leading BNPL firms from the Consumer Financial Protection Bureau requesting information on their services. The five—Affirm Inc., …

The move toward cashless sports stadiums continues to accelerate. UBS Arena, home of the National Hockey League’s New York Islanders, has contracted with Fiserv Inc. to install Clover point-of-sale hardware and Bypass point-of-sale software to enable digital and contactless payment options throughout the venue.  UBS Arena will deploy more than …

As mobile-wallet technology matures, marketers are starting to look at ways to reach consumers with content that stays in the wallet as permanently as a credit or debit card. The latest move in this direction emerged Wednesday with the unveiling of “Mobile Wallet as a Channel,” a service that lets …

The Covid-19 pandemic has proven to be a huge boon for e-commerce, but it has come at a cost for merchants in the form of higher chargebacks. The higher level of chargebacks is not just consumers returning items for legitimate reasons, it’s also being fueled by consumers perpetrating friendly fraud.  …