Debit cards have become the preferred payment method among Millennials and Gen Zers for online purchases and for use in digital wallets. A recent Carat Insights Report from Fiserv Inc. reveals that 59% of Millennials and Gen Zers use debit online because they prefer the financial control debit cards provide …

Paycast Inc., a payments provider for online merchants, e-commerce platforms, and marketplaces, is partnering with Marqeta Inc. and Mastercard Inc. to launch a digital card product for marketplace sellers. The card will enable marketplace sellers to have immediate access to funds from the proceeds of a sale once the transaction …

E-commerce merchants can expect another strong holiday-shopping season this year as online transactions are projected to outpace those in the same period last year, according to ACI Worldwide Inc. In the United States, the biggest surge in volume is expected between Thanksgiving and Cyber Monday, with e-commerce sales projected to …

As part of its efforts to expand real-time payments globally, financial-service technology provider Nium Pte. Ltd., has partnered with Roxe, a global payment network that uses blockchain technology to settle transactions. The partnership will allow Roxe to leverage the reach of Nium’s network to initiate cross-border payouts, including those from …

With consumers flocking to e-commerce sites, elements such as photos, logos, and artwork are taking on greater importance in helping to generate clicks and transactions. Recognizing that online retailers posting product pictures sell more than those that don’t, Square Inc. late Wednesday introduced Square Photo Studio, an app that enables …

To help speed and simplify cross-border payments for businesses, Euronet Worldwide, a Leawood, Kansas-based fintech, on Wednesday launched Dandelion, an end-to-end real-time cross-border payment network.  Typically, initiating a cross-border transaction is a slow and manually driven process that involves exchanging emails, phone calls, and invoices between participating parties. Further slowing …

Digital fraud, while nothing new for merchants and payment processors, continues to gain momentum and is predicted to surge even higher during the upcoming a holiday season, a report from Arkose Labs says.  Overall, fraud attacks have increased 15% compared to the previous quarter. In addition, Arkose is predicting 8 …

As criminals increasingly target real-time payments networks with fraud scams, ACI Worldwide Inc. on Monday announced the launch of its proprietary Network Intelligence Technology as part of its ACI Fraud Management platform. The new technology enables banks, processors, acquirers, and networks to augment fraud-prevention strategies by allowing them to share …

As small and medium businesses shift more of their operations online, the need for financial products with embedded payment solutions is growing. To make it easier for providers of banking and financial software providers to offer embedded payment solutions to small and medium businesses, Veem Inc. on Thursday announced its …

In time for the start of holiday-shopping season, buy now, pay later provider Afterpay Ltd. has expanded its in-store presence. New retailers offering the service include Nordstrom and Nordstrom Rack, J.Crew, Madewell, and American Eagle. In addition, Afterpay will be available at airport and resort-casino specialty retailer Marshall Retail Group, …