Debit Cards

With nearly three-quarters of major U.S. banks reporting an increase in fraud losses last year, developers of fraud-prevention technology are scrambling to offer solutions. In the latest example, the Portugal-based technology company Feedzai has announced RiskFM, a tool the company says replaces a singular reliance on card-network data with information …

It’s been 13 years since merchants were allowed to add surcharges to cover much of their credit card processing costs, yet confusion and complexity remain. Speakers at the Transact 2026 conference last week, sponsored by the Electronic Transactions Association, did their part to dispel much of this confusion. “Surcharging is a …

The cryptocurrency platform KuCoin introduced its Tomorrowland Limited Edition KuCard, a Visa card issued in partnership with the Tomorrowland music festival taking place March 21-28. Glia, an AI platform for banks, has integrated a loan-payment technology from MessagePay in an effort to integrate payments into digital interactions between community banks and their …

Money-movement platform Thunes Financial Services Inc. announced Banco Cathay of Costa Rica has adopted its Pay-to-Wallet service for cross-border payments. Loyalzoo Ltd., a developer of customer-engagement software for merchants, announced an agreement under which it will integrate its customer-relationship technology with a new point-of-sale platform from Priority Technology Holdings Inc., the MX …

The Electronic Payments Coalition has opened another front in the battle over the Illinois Interchange Fee Prohibition Act with the launch of an ad campaign aimed at having the law overturned by the Illinois legislature. The campaign comes hard on the heels of efforts by organizations representing financial institutions in …

Three organizations representing the banking community, as well as the Office of the Comptroller of the Currency along with former acting members of the OCC, filed amicus briefs late Friday urging the court to overturn the decision to exempt Illinois merchants from paying interchange on the sales tax and gratuities …

French fintech Mirakl SAS has partnered with J.P. Morgan Payments to provide infrastructure for the payments provider’s agentic-commerce offering. The partnership will enable merchants to facilitate agentic commerce without having to build and manage complex integrations and protocols. Mirakl will integrate J.P. Morgan Payments technology into its Nexus agentic-commerce service, which …

Travelers buying airfare direct from an airline have a new payment option that could ease some of the issues around funding that travel. UATP, a global payment network owned and operated by airlines, is working with Hands In, a specialist in split-payment enablement, to allow airlines to activate Hands In’s …

With its sale earlier this month of Worldpay to Global Payments Inc., FIS Inc. is focusing on its longstanding business in card issuing for banks, a business where it sees strong returns, especially as banking mergers unfold—but it’s not seeking just any bank. “Our strategy is partnering with banks growing …

Transaction Network Services Inc., an infrastructure-as-a-service provider that connects businesses to point-of-sale terminals and ATMs, has launched TNSPay SmartRoute, a cloud-based transaction-routing solution that allows merchants, processors, and acquirers to define and adjust routing rules in real time. Users can decide how to route a transaction based on specific criteria, …