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OCC’s Hsu Warns on Risks Despite Sector …
Bank Brand News: CommunityBank of Texas,…
US Regulators Scrutinize Canadian Banks’…
Appointments: Regions Names Transformati…
Direct Banks Gaining Support as Customer…
Banking Exchange to Host Banking Meets C…
Transamerica Launches Emergency Savings …
Neo-banks Struggling to Make a Profit
Consumers Uncertain about Inflation as H…
Montana, NY Banks Strike Fintech Lending…
Minnesota Credit Unions to Offer Commerc…
Banks Call for Changes to SEC Cybersecur…
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Cards - Banking Exchange
Brrr! Record freezes chill spending
But upward trend continues despite shivers
Tokenization standard in the works
Global body to issue specifications to combat CNP fraud
MasterCard forms joint global funds transfer venture
Network will include mobile, pay cards, banks, cash outlets
MasterCard issues pay card standards for issuers and employers
Guidance seeks to ensure employees understand choices and are able to take advantage of benefits
Target… And it only gets worse!
As long as the U.S. remains a mag-stripe country, fraud will soar
P2P and gift cards compete as consumers embrace e-gifting
New P2P services from banks that can be used for gifts may begin to cut into gift card volume
Whither EMV? Who knows? Who cares?
The U.S. migration to EMV depends on merchant adoption, customer interest
Most prepaid debit card users pay less than $7.50 monthly
Cost is lower that basic checking account fee
Holiday promos can have a “sanity claus”
Most wait until December to do major gift buying
Card-not-present seen as fastest growing type of credit card fraud
While incidents rose, the average loss per compromised account fell 10
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