Changes from Visa Mean Americans Will Carry Fewer Credit, Debit Cards
Visa has announced major changes to how credit and debit cards will operate that will make the 16-digit number printed on every card increasingly irrelevant.
Patriot Bank Adds $52M in Debit Cards to Its Portfolio
Stamford-based Patriot Bank has acquired a portfolio of pre-paid debit card deposits, a move that the bank said would increase its net interest margin.
PULSE Study: Debit Fraud Loss Rates Decline After Chip Cards Introduced
U.S. financial institutions substantially increased issuance of chip debit cards in 2016 and experienced reduced fraud losses, according to the 2017 Debit Issuer Study commissioned by the debit/ATM network PULSE.
CFPB Seeks To Improve Overdraft Disclosure
The Consumer Financial Protection Bureau (CFPB) today unveiled new Know Before You Owe overdraft disclosure prototypes designed to improve the model form that banks and credit unions already provide to consumers weighing overdraft coverage.
