Debit Cards

Nearly 42% of breaches suffered by major fintech companies stem from third-party vendors, according to “Defending the Financial Supply Chain: Strengths and Vulnerabilities in Top Fintech Companies,” issued by Security Scorecard, which analyzed 250 major fintechs. The processor FIS Inc. said it will work with Letskipp Ltd., also known as Kipp, to develop …

Zoho Corp., an Indian multinational software company, is launching Zoho Payments in the United States. Zoho Payments is an embedded-payments solution that enables businesses to collect one-time and recurring payments from customers, online and within Zoho apps.  Billed by Zoho as an out-of-the box payment solution, Zoho Payments supports the …

Affirm Inc. announced deals for its buy now, pay later service to be available at Mattress Firm and at Costco Wholesale. Mattress Firm says it is the largest mattress retailer in the U.S. market, with more than 2,200 locations. India-based Zoho Corp. entered the U.S. market with the launch of Zoho Payments, which supports cards …

First-party fraud, also known as “friendly fraud,” accounted for 36% of all fraud globally in 2024, up from 15% the previous year, says LexisNexis Risk Solutions’ Cybercrime report. First-party fraud occurs when a consumer disputes a legitimate credit card transaction, claims he never received the order, or misrepresents personal information …

Arborgold, a software provider for landscapers, launched Arborgold Payments, allowing users to process credit, debit, and automated clearing house payments within the Arborgold software. Tillo, a gift card and rewards platform, announced it has received an investment from Tenzing, a technology investor. The sum of the investment was not disclosed. …

Recurly Inc., a subscription-management and recurring-billing platform, announced early Wednesday the acquisitions of digital customer-engagement platform Redfast Inc. and of Prive, said to be a Shopify-first subscription platform. Terms were not disclosed. The rationale for the deals is that they will enhance Recurly’s ability to “manage the full subscriber lifecycle” …

ServiceMonster, whose software serves carpet- and window-cleaning providers, launched ServiceMonster Payments, a platform allowing service providers to process payments within the ServiceMonster desktop or mobile app. Payment finance platform Infini has launched its Global Card, a virtual card that offers yields on stablecoin balances and spending through such wallets as Apple Pay, …

The payments industry may soon be wrestling with the fallout from the upcoming $35-billion merger of Capital One Financial Corp. and Discover Financial Services, and one key question emerging from the deal is how it will affect Mastercard, the network for Cap One’s credit and debit cards. Early on Thursday, …

A proven business model built around executing the fundamentals in consumer and business payments was the engine for solid growth during Visa Inc.’s second quarter of its 2025 fiscal year, the card network’s top executives indicated late Tuesday. The strength of Visa’s business model is evident in the network’s financial …

A test this past September of a real-time pay by bank payments option inside the Walmart app indicates the service is on track for a broader debut in 2025, Digital Transactions News has learned. Speaking at the Nacha Smarter Faster Payments 2025 conference in New Orleans, Sarah Arnio, Walmart Inc. …