Risk


  • Yesway
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    Permission granted by Relay Payments
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    Convenience retailer Yesway adopts Relay’s fuel payment software

    Relay’s cardless purchasing capability allows more fleets and drivers to avoid fraud caused by card skimming, the logistics payment company said.

    By Brett Dworski • Dec. 1, 2023
  • The concept of the word M&A on cubes on a beautiful green background. Business concept
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    Zhanna Hapanovich via Getty Images
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    FIS eyes small acquisitions

    Fidelity National Information Services is on the hunt for smaller acquisitions in one of its divisions, and it’s benefitting from other companies’ deals in another.

    By Dec. 1, 2023
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    tommy via Getty Images
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    Trendline

    Payments industry seeks to keep pace with fraudsters

    As losses from fraud in payments have climbed, companies are seeking new tools to combat illicit schemes.

    By Payments Dive staff
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    Creative via Getty Images
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    Discover pursues sale of student loan business

    The card issuer said Wednesday it’s seeking to offload its $10.4 billion student loan portfolio.

    By Nov. 30, 2023
  • View of PayPal logo outside of company headquarters
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    Justin Sullivan via Getty Images
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    PayPal tackles chargeback fraud

    PayPal is attacking illegitimate customer returns with new policies after a rise in e-commerce activity has fueled that type of fraud across the industry.

    By Nov. 29, 2023
  • Several Visa cards spread out on surface revealing company's logo.
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    Justin Sullivan via Getty Images
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    Visa proposes new plan for covering litigation liability

    The card network’s board approved pursuing a shareholder vote on a new approach to covering potentially more than $35 billion in outstanding merchant claims against the company.

    By Nov. 22, 2023
  • Chinese shopping mall
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    Kevin Frayer via Getty Images
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    Will China be a boon or bust for card networks?

    U.S. card companies have gained a foothold in China’s market, but they must still win over banks and battle behemoth China UnionPay.

    By Nov. 21, 2023
  • Two hands holding credit cards.
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    Joe Raedle via Getty Images
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    Credit card demand remains robust, rejections rise: New York Fed

    As consumers have leaned on credit cards more in recent months, applications for credit card limit extensions also rose, the New York Fed said Monday.

    By Nov. 21, 2023
  • Two people looking at a digital tablet behind a bar
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    LumiNola via Getty Images
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    Small business card debt has risen: Bank of America

    Credit card spending for small businesses has largely been flat relative to last year, but balances have risen, the Bank of America report said.

    By Tatiana Walk-Morris • Nov. 17, 2023
  • Man leans over laptop with head in hand looking at credit card.
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    Butsaya via Getty Images
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    Visa warns consumers about holiday fraud

    Better spelling on fake merchant sites and more advanced card skimmers are among the latest schemes that will be deployed by fraudsters during the year-end holiday shopping season.

    By Nov. 17, 2023
  • A woman making a purchase at a store using her cell phone to pay.
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    svetikd via Getty Images
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    Q&A

    Forter executive offers 2024 payments predictions

    The new instant payment rail FedNow is set for a “roller coaster” next year, according to Forter Head of Financial Partnerships Jeff Hallenbeck.

    By Nov. 16, 2023
  • Wex CEO and chair Melissa Smith
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    Permission granted by Wex
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    Profile

    Wex CEO taps endurance to lead

    Melissa Smith has led the payments software and services company for nearly a decade, navigating once-in-a-lifetime events and spearheading an aggressive acquisition strategy.

    By Nov. 16, 2023
  • Buy now pay later
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    Khaosai Wongnatthakan via Getty Images
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    BNPL companies face grim outlook, Moody’s says

    Fierce competition, persistent losses and regulatory constraints are likely to push some players out of the buy now, pay later market, Moody’s predicted.

    By Nov. 13, 2023
  • Happy online shopper
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    Thapana Onphalai via Getty Images
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    Sponsored by Adobe

    Defend your bottom line with guaranteed fraud protection

    The holiday season is often a one-two punch of activity for online retailers: First comes the spike in purchases… and then comes the inevitable returns.

    Nov. 13, 2023
  • Federal Trade Commission
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    Carol Highsmith. (2005). "The Apex Building" [Photo]. Retrieved from Wikimedia Commons.
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    FTC, Florida reach $150,000 settlement with Chargebacks911

    The Federal Trade Commision and Florida had sued the company for using deceptive tactics to prevent consumers from disputing credit card charges.

    By Nov. 9, 2023
  • Rohit Chopra, Director of the Consumer Financial Protection Bureau, giving a speech in an auditorium.
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    Anna Moneymaker via Getty Images
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    CFPB proposes new oversight for payment tech firms

    Google, Apple and 15 other big non-bank technology companies that provide digital wallets or payments apps would be subject to increased regulation if a new Consumer Financial Protection Bureau rule is approved.

    By , Nov. 7, 2023
  • People standing in a field, clad in sweatshirts, plastic aprons and baseball caps, with masks.
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    Brent Stirton via Getty Images
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    Cross-border payment headaches burden consumers: Mastercard report

    As international groups examine cross-border payment challenges, consumers and small businesses are worried about the costs and risks associated with sending money or receiving funds internationally.

    By Tatiana Walk-Morris • Nov. 7, 2023
  • Visa cards are fanned out on table
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    Justin Sullivan / Staff via Getty Images
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    Visa launches cybersecurity training program

    The card giant rolled out a cybersecurity apprenticeship program last year amid a talent deficit highlighted by the Biden administration.

    By Tatiana Walk-Morris • Nov. 6, 2023
  • Venmo small business feature.
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    Courtesy of Venmo
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    PayPal discloses SEC, CFPB probes

    The digital payments company said it’s cooperating with a Securities and Exchange Commission probe of its stablecoin, and a Consumer Financial Protection Bureau inquiry related to bank transfers.

    By Nov. 3, 2023
  • Blocks show the words "buy now pay later"
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    Sviatlana Zyhmantovich via Getty Images
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    Breaking down buy now, pay later

    After its pandemic-era growth spurt, buy now, pay later has gone mainstream in consumer payments. But changing economic conditions are forcing the installment trend to evolve.

    By Nov. 3, 2023
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    Chip Somodevilla via Getty Images
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    Discover discloses SEC probe

    A pricing error by the card company that affected merchants and merchant acquirers triggered the investigation.

    By Oct. 27, 2023
  • Michael Tannenbaum
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    Permission granted by Brex
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    Brex exec straddles CFO, COO roles

    As C-suite responsibilities change, the gap between roles such as the CFO and chief operating officer is narrowing.  

    By Grace Noto • Oct. 27, 2023
  • Businesswoman and businessman shaking hands at meeting.
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    Ridofranz via Getty Images
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    Payments M&A bounces back in October

    A burst of industry acquisition activity this month, after a mid-year lull, is expected to continue for the rest of the year.

    By Oct. 26, 2023
  • cybersecurity
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    goir via Getty Images
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    Three lessons in ACI’s $2.4B payments test disaster

    Pay attention to how legacy vendors are integrated after an acquisition, treat internal data sharing requests as cyber risks and don’t let staff test systems using real data.

    By Robert Freedman • Oct. 25, 2023
  • U.S. capitol
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    Stefan Zaklin via Getty Images
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    Crypto legislation would put US ‘back in the game,’ stakeholders say

    A pair of House bills would help the industry gain clarity, scale digital asset products and promote financial inclusion, cryptocurrency stakeholders said Sunday on a panel at Money20/20.

    By Anna Hrushka • Oct. 24, 2023
  • Visa cards stacked and splayed
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    Justin Sullivan via Getty Images
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    Visa faces remaining litigation settlements of up to $4B

    That’s the maximum amount of money the card network estimates may yet result from settling claims brought against it years ago by merchants who argue they were overcharged for card transaction processing.

    By Oct. 23, 2023