Credit Cards

More than a year after Visa Inc. launched the Visa Acquirer Monitoring Program, acquirers and their vendors are adapting to the new way of keeping tabs on fraud and chargeback levels. Known as VAMP, the program, according to Visa, consolidated five fraud and dispute programs and reduced 38 distinct remediation processes …

Payments executives who may be hoping that a court ruling Tuesday will put an end to years of bitter wrangling over card-acceptance costs are likely to be disappointed, experts tell Digital Transactions News. “This does not end the argument. It just stifles it,” says Cliff Gray, principal at Gray Consulting …

For the better part of two decades, I’ve watched the payments industry evolve from a straightforward utility into a labyrinth of technical complexity. Merchant fee structures today are no longer just the cost of doing business. They are a volatile variable that can quietly erode a company’s bottom line. As …

Whereas identity theft once appeared to be a single event related to a stolen credit card number, fraudulent charge, or compromised financial account, fraud victims increasingly are reporting multiple incidents once they learn they’ve been victimized, according to new research from the Identity Theft Resource Center. In its latest annual …

Fraud-prevention specialist Feedzai announced Feedzai IQ Score, an AI-native scoring service to measure fraud risk for banks. Braid FI, which develops payments technologies for banks, announced an agreement with Koard, a specialist in in-person payments, to help financial institutions offer tap-to-pay capability on mobile phones. Xplor Pay, an embedded-payments technology provider, has …

Colorado’s SB 26-134, a bill that would have eliminated sales tax as part of the interchange-fee calculation, has been vetoed by Gov. Jared Polis. SB 26-134, similar to the Illinois Interchange Fee Prohibition Act, would have taken effect Jan. 1, 2028, had Polis approved it. The contentious Illinois law, which …

PaidBy, an account-to-account payments provider, said it is working with Mastercard Inc. to boost global uptake of A2A payments using open banking. American Express Co. has added a second checked bag as a new benefit for holders of its Basic Delta SkyMiles, Gold, Platinum and Reserve Consumer cards and Business cards. AmEx said …

Early Warnings Services LLC told Digital Transactions News in March that a marketing push for its 3-year-old Paze online checkout platform would be starting in coming months. Early Monday, that push arrived with the launch of a national campaign running on TV, digital video, and social platforms. The new advertising …

Rego Payment Architectures Inc., whose technology allows financial institutions to offer banking services to families, announced an update to its Family Wallet platform to give parents control of children’s accounts directly through Rego’s platform. Fresha, a payments platform specializing in beauty and wellness businesses, said it is widening the capabilities …

BTR, a truck-rental company, has compensated for almost $400,000 in annualized credit card acceptance costs through a surcharging a capability provided by payments processor BlueSnap Inc., according to data the processor released Wednesday. Waltham, Mass.-based BlueSnap launched its surcharging API in January in recognition of cases in which merchants want …