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Browsing: Debit cards
Digital Transactions Driving Growth in Debit, Survey Shows
Debit card use and market penetration continued to grow last year, while fraud losses declined, according to Pulse’s debit issuer survey released this morning.
Fed Report Shows Durbin ‘Exempt’ Issuers Saw Debit Interchange Decline
Smaller debit card issuers—those covered by the Durbin amendment’s routing provision but not its interchange fee cap—continued to see a decline in debit interchange revenue, according to the Federal Reserve’s biennial survey of debit card issuers’ economics released today.
Fed Survey Notes Continued Growth in Noncash Payments
Noncash payments in the U.S. continued to see strong growth in the period between 2016 and 2017, according to an annual supplement to the Federal Reserve’s triennial payments study released today.
Fed Survey: Payment Fraud Remains Rare
Payment fraud remains rare, representing small fractions of 1 percent of the total number and the total value of payments, according to the Federal Reserve Payments Study released today.
Debit Card Use, Market Penetration Rises in 2017, Survey Finds
Debit card use and market penetration continued to grow in 2017, while fraud losses declined, according to Pulse’s debit issuer survey released today.
Banks Turn to the Courts for Data Breach Claims
Banks should not expect relief from the courts when faced with losses caused by retailer negligence.
Study: Credit Cards Rebound in Consumer Payment Share
Credit cards and prepaid cards increased their share of payment instruments that households use in a typical month, according to results from the Federal Reserve Bank of Boston’s 2016 and 2017 Surveys of Consumer Payment Choice released today.
Visa: Counterfeit Fraud Drops 76 Percent at Chip-Enabled Merchants
Retailers that have completed their EMV chip card technology upgrades have seen counterfeit fraud drop 76 percent from the end of 2015 to the end of 2017, according to new figures released today by Visa.
Staying One Step Ahead of Cyber Crime
With fraud on the rise, banks explore strategies for enhancing their cybersecurity efforts.